1. 01-15-15 12:05 PM #1
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    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
    Reply With Quote Reply With Quote
  2. 01-15-15 12:10 PM #2
    LT Profits
    LT Profits's Avatar Become A Pro!
    Join Date: 10-27-06
    Posts: 90,963
    Betpoints: 5179

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

    Edge = .636/.615 = 1.03%
    Reply With Quote Reply With Quote
  3. 01-15-15 12:11 PM #3
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 55

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

    Sammy you are better than this
    Reply With Quote Reply With Quote
  4. 01-15-15 12:13 PM #4
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    Quote Originally Posted by LT Profits View Post

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

    Edge = .636/.615 = 1.03%

    LT , you are underpaid whatever the amount


    Quote Originally Posted by RudyRuetigger View Post

    Sammy you are better than this

    No I'm not
    Reply With Quote Reply With Quote
  5. 01-15-15 12:19 PM #5
    LT Profits
    LT Profits's Avatar Become A Pro!
    Join Date: 10-27-06
    Posts: 90,963
    Betpoints: 5179

    Quote Originally Posted by RudyRuetigger View Post
    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.
    Reply With Quote Reply With Quote
  6. 01-15-15 12:31 PM #6
    LT Profits
    LT Profits's Avatar Become A Pro!
    Join Date: 10-27-06
    Posts: 90,963
    Betpoints: 5179

    Quote Originally Posted by LT Profits View Post
    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.
    Points Awarded:

    nikossf gave LT Profits 2 Betpoint(s) for this post.

    Reply With Quote Reply With Quote
  7. 01-15-15 12:44 PM #7
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    I take back what I said in post #4


    Reply With Quote Reply With Quote
  8. 01-15-15 01:27 PM #8
    nikossf
    I dont play at SHIT books
    nikossf's Avatar Become A Pro!
    Join Date: 03-02-10
    Posts: 2,217
    Betpoints: 138

    Quote Originally Posted by LT Profits View Post
    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.

    Reply With Quote Reply With Quote
  9. 01-15-15 02:15 PM #9
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    Quote Originally Posted by Sam Odom View Post

    Team A closes ML -175

    They won 2-1 so I guess the edge was 100%
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: trytrytry
    Reply With Quote Reply With Quote 1
  10. 01-15-15 02:54 PM #10
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Sammy if you did not get line at +171 or better and -170 was closer its a - EV PLAY
    Reply With Quote Reply With Quote
  11. 01-15-15 03:02 PM #11
    LT Profits
    LT Profits's Avatar Become A Pro!
    Join Date: 10-27-06
    Posts: 90,963
    Betpoints: 5179

    Quote Originally Posted by jjgold View Post
    Sammy if you did not get line at +171 or better and -170 was closer its a - EV PLAY
    Not talking about scalping here.
    Reply With Quote Reply With Quote
  12. 01-15-15 03:31 PM #12
    Rich Boy
    Rich Boy's Avatar Become A Pro!
    Join Date: 02-01-09
    Posts: 9,713
    Betpoints: 1106

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

    -160 (or 1.625) @ 62.3% = 1.23% edge
    Reply With Quote Reply With Quote
  13. 01-16-15 09:36 AM #13
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 55

    Quote Originally Posted by Rich Boy View Post
    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
    Reply With Quote Reply With Quote
  14. 01-16-15 09:39 AM #14
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    Quote Originally Posted by RudyRuetigger View Post

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

    Reply With Quote Reply With Quote
  15. 01-16-15 09:39 AM #15
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Quote Originally Posted by LT Profits View Post
    Not talking about scalping here.
    Thats not scalping

    Thats a +EV winning play long term if you make enough of them
    Reply With Quote Reply With Quote
  16. 01-16-15 09:42 AM #16
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    1.23% edge is good

    Casino's edge on passline craps 1.41%
    Reply With Quote Reply With Quote
  17. 01-16-15 09:43 AM #17
    Smoke
    Smoke's Avatar Become A Pro!
    Join Date: 10-09-09
    Posts: 48,111
    Betpoints: 1510

    Quote Originally Posted by Sam Odom View Post
    1.23% edge is good

    Casino's edge on passline craps 1.41%
    Reply With Quote Reply With Quote
  18. 01-16-15 09:46 AM #18
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    Smokey

    Give me an edge of 1.23% on every bet I make then I could bail Brock Landers out in about a year
    Reply With Quote Reply With Quote
  19. 01-16-15 09:48 AM #19
    Smoke
    Smoke's Avatar Become A Pro!
    Join Date: 10-09-09
    Posts: 48,111
    Betpoints: 1510

    Quote Originally Posted by Sam Odom View Post
    Smokey

    Give me an edge of 1.23% on every bet I make then I could bail Brock Landers out in about a year
    Reply With Quote Reply With Quote
  20. 01-16-15 10:04 AM #20
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 55

    sammy be honest, were you just trying to impress someone else by knowing your edge???
    Reply With Quote Reply With Quote
  21. 01-16-15 10:07 AM #21
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    Rudy , I thought I asked a question
    Reply With Quote Reply With Quote
  22. 01-16-15 10:10 AM #22
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 55

    i know

    my question is:

    you asked here, so when you told a friend you got -175 at -160 youd look like a genius
    Reply With Quote Reply With Quote
  23. 01-16-15 10:14 AM #23
    Sam Odom
    Sam Odom's Avatar Become A Pro!
    Join Date: 10-30-05
    Posts: 58,063
    Betpoints: 37

    Rudy relax

    just take it at face value
    Reply With Quote Reply With Quote
  24. 01-16-15 11:39 AM #24
    ronald
    ronald's Avatar Become A Pro!
    Join Date: 10-31-05
    Posts: 4,918
    Betpoints: 8459

    Quote Originally Posted by jjgold View Post
    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?
    Reply With Quote Reply With Quote
  25. 01-16-15 12:17 PM #25
    Rich Boy
    Rich Boy's Avatar Become A Pro!
    Join Date: 02-01-09
    Posts: 9,713
    Betpoints: 1106

    1.23% Edge on a -160 is very profitable

    Not soo much at +700
    Reply With Quote Reply With Quote
Top
« Previous Thread | Players Talk | Next Thread »