Matchbook math question

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  • Dougie Fresh
    SBR High Roller
    • 11-01-08
    • 226

    #1
    Matchbook math question
    I'm sure this is an easy question but I'm to hungover, tired and drunk to figure it out.

    When using matchbook or a any other exchange how do you figure out how much to bet so that you win a whole unit, ie $100?

    With my regular book I know I have to bet $110 to get a $100
    If an exchange is -107, what are the real odds figuring in the commission?

    I'm sure it is a simple equation.
  • Kaps
    SBR MVP
    • 09-09-06
    • 3272

    #2
    always enter your bet and make sure the profit says for you to win $102

    and if your play wins then they will take their 2% which is roughly $2
    and you will win $100
    Comment
    • Matt Rain
      SBR Hall of Famer
      • 02-13-07
      • 5001

      #3
      Originally posted by Dougie Fresh
      I'm sure this is an easy question but I'm to hungover, tired and drunk to figure it out.

      When using matchbook or a any other exchange how do you figure out how much to bet so that you win a whole unit, ie $100?

      With my regular book I know I have to bet $110 to get a $100
      If an exchange is -107, what are the real odds figuring in the commission?

      I'm sure it is a simple equation.
      To make sure you win an exact $100 after commission, divide the WIN amount by 0.98 (or multiply the risk amount by 1.02040816).

      Yes, I am anal about this and need a perfectly round Matchbook balance at all times.
      Comment
      • Kaps
        SBR MVP
        • 09-09-06
        • 3272

        #4
        so then you bet 102.05....
        Comment
        • Dougie Fresh
          SBR High Roller
          • 11-01-08
          • 226

          #5
          So the true odds for 107 would be about -109.18?
          Comment
          • Justin7
            SBR Hall of Famer
            • 07-31-06
            • 8577

            #6
            Yes.
            Comment
            • Dougie Fresh
              SBR High Roller
              • 11-01-08
              • 226

              #7
              Thank you. One other question, is matchbook the most liquid exchange for US players?
              Comment
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