I came across this article and wanted to know if anyone agrees or disagrees with the estimated edge?
If you make the fair line on a game -205/+205 and they have the game -192/+180 (no vig = 184), then you believe there is "value" in the -192. The implied WP of -192 is 65.75% and at -205, you believe the team has a 67.21% chance of winning so your edge is 1.46%.
If you make the fair line on a game -205/+205 and they have the game -192/+180 (no vig = 184), then you believe there is "value" in the -192. The implied WP of -192 is 65.75% and at -205, you believe the team has a 67.21% chance of winning so your edge is 1.46%.