In baseball if a team has a 59% chance of winning what is the formula for turning that into a money line? Thanks
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To lazy to write it up so I'm cutting and pasting.
https://sportsprofit.wordpress.com/2...nt%20you%20bet.
If the percentage is greater than 50%, then divide it by 100% minus itself, and multiply by -100.
For example, 55% is conveted to -122
= PERC / (100% – PERC) x (-100)
= 55% / (100% – 55%) x (-100)
= 55% / 45% x -100
= 1.22 x -100
= -122
If the percentage is less than 50%, then take 100% minus itself divided by itself, then multiply by +100, then put a plus sign in front of it.
For example, 45% is converted to +122
= (100% – PERC) / PERC x 100
= (100% – 45%) / 45% x 100
= 55% / 45% x 100
= 1.22 x 100= +122Comment -
Just type it in here under implied probability
Odds Converter - Betting Tools | Sportsbook Review
-143.91 is your answerComment -
MUCH APPRECIATED
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