Math Boys : How much of an 'edge' is 15c on a 175 closer

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  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #1
    Math Boys : How much of an 'edge' is 15c on a 175 closer
    Team A closes ML -175

    Someone got it at -160

    Edge?

    If any...

    Thanks
  • LT Profits
    SBR Aristocracy
    • 10-27-06
    • 90963

    #2
    175/275 = 63.6%
    160/260 = 61.5%

    Edge = .636/.615 = 1.03%
    Comment
    • RudyRuetigger
      SBR Aristocracy
      • 08-24-10
      • 65084

      #3
      Need if these are 20cent spreads? 10? 30?

      Sammy you are better than this
      Comment
      • Sam Odom
        SBR Aristocracy
        • 10-30-05
        • 58063

        #4
        Originally posted by LT Profits

        175/275 = 63.6%
        160/260 = 61.5%

        Edge = .636/.615 = 1.03%

        LT , you are underpaid whatever the amount


        Originally posted by RudyRuetigger

        Sammy you are better than this

        No I'm not
        Comment
        • LT Profits
          SBR Aristocracy
          • 10-27-06
          • 90963

          #5
          Originally posted by RudyRuetigger
          Need if these are 20cent spreads? 10? 30?

          Sammy you are better than this
          This is true, I went with his stated lines as the implied odds. You are supposed to use the no-vig lines.
          Comment
          • LT Profits
            SBR Aristocracy
            • 10-27-06
            • 90963

            #6
            Originally posted by LT Profits
            175/275 = 63.6%
            160/260 = 61.5%

            Edge = .636/.615 = 1.03%
            My bad, edge would be 3%. It is the figure after the decimal and you should take it out a few more spots. In this case, result is 1.0341 so it is 3.41%

            But in reality, you are supposed to compare your ACTUAL -160 to the NO-VIG closer.
            Comment
            • Sam Odom
              SBR Aristocracy
              • 10-30-05
              • 58063

              #7
              I take back what I said in post #4


              Comment
              • nikossf
                SBR MVP
                • 03-02-10
                • 2217

                #8
                Originally posted by LT Profits
                My bad, edge would be 3%. It is the figure after the decimal and you should take it out a few more spots. In this case, result is 1.0341 so it is 3.41%

                But in reality, you are supposed to compare your ACTUAL -160 to the NO-VIG closer.

                Comment
                • Sam Odom
                  SBR Aristocracy
                  • 10-30-05
                  • 58063

                  #9
                  Originally posted by Sam Odom

                  Team A closes ML -175

                  They won 2-1 so I guess the edge was 100%
                  Comment
                  • jjgold
                    SBR Aristocracy
                    • 07-20-05
                    • 388179

                    #10
                    Sammy if you did not get line at +171 or better and -170 was closer its a - EV PLAY
                    Comment
                    • LT Profits
                      SBR Aristocracy
                      • 10-27-06
                      • 90963

                      #11
                      Originally posted by jjgold
                      Sammy if you did not get line at +171 or better and -170 was closer its a - EV PLAY
                      Not talking about scalping here.
                      Comment
                      • Rich Boy
                        SBR Hall of Famer
                        • 02-01-09
                        • 9714

                        #12
                        Line of +160/-175 would be 37.6%/62.3% (no juice)

                        -160 (or 1.625) @ 62.3% = 1.23% edge
                        Comment
                        • RudyRuetigger
                          SBR Aristocracy
                          • 08-24-10
                          • 65084

                          #13
                          Originally posted by Rich Boy
                          Line of +160/-175 would be 37.6%/62.3% (no juice)

                          -160 (or 1.625) @ 62.3% = 1.23% edge
                          sammy wanted to sound smart to someone else saying what % edge he had.

                          sammy has no clue and does not care what a 1.23% edge means
                          Comment
                          • Sam Odom
                            SBR Aristocracy
                            • 10-30-05
                            • 58063

                            #14
                            Originally posted by RudyRuetigger

                            sammy has no clue and does not care what a 1.23% edge means

                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388179

                              #15
                              Originally posted by LT Profits
                              Not talking about scalping here.
                              Thats not scalping

                              Thats a +EV winning play long term if you make enough of them
                              Comment
                              • Sam Odom
                                SBR Aristocracy
                                • 10-30-05
                                • 58063

                                #16
                                1.23% edge is good

                                Casino's edge on passline craps 1.41%
                                Comment
                                • Smoke
                                  SBR Aristocracy
                                  • 10-09-09
                                  • 48111

                                  #17
                                  Originally posted by Sam Odom
                                  1.23% edge is good

                                  Casino's edge on passline craps 1.41%
                                  Comment
                                  • Sam Odom
                                    SBR Aristocracy
                                    • 10-30-05
                                    • 58063

                                    #18
                                    Smokey

                                    Give me an edge of 1.23% on every bet I make then I could bail Brock Landers out in about a year
                                    Comment
                                    • Smoke
                                      SBR Aristocracy
                                      • 10-09-09
                                      • 48111

                                      #19
                                      Originally posted by Sam Odom
                                      Smokey

                                      Give me an edge of 1.23% on every bet I make then I could bail Brock Landers out in about a year
                                      Comment
                                      • RudyRuetigger
                                        SBR Aristocracy
                                        • 08-24-10
                                        • 65084

                                        #20
                                        sammy be honest, were you just trying to impress someone else by knowing your edge???
                                        Comment
                                        • Sam Odom
                                          SBR Aristocracy
                                          • 10-30-05
                                          • 58063

                                          #21
                                          Rudy , I thought I asked a question
                                          Comment
                                          • RudyRuetigger
                                            SBR Aristocracy
                                            • 08-24-10
                                            • 65084

                                            #22
                                            i know

                                            my question is:

                                            you asked here, so when you told a friend you got -175 at -160 youd look like a genius
                                            Comment
                                            • Sam Odom
                                              SBR Aristocracy
                                              • 10-30-05
                                              • 58063

                                              #23
                                              Rudy relax

                                              just take it at face value
                                              Comment
                                              • ronald
                                                SBR MVP
                                                • 10-31-05
                                                • 4919

                                                #24
                                                Originally posted by jjgold
                                                Thats not scalping

                                                Thats a +EV winning play long term if you make enough of them
                                                Brock spent a lot of time with Fishhead. Why couldn't he grasp this concept?
                                                Comment
                                                • Rich Boy
                                                  SBR Hall of Famer
                                                  • 02-01-09
                                                  • 9714

                                                  #25
                                                  1.23% Edge on a -160 is very profitable

                                                  Not soo much at +700
                                                  Comment
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