Quote:
Originally Posted by Tom
First, a question.
If I make a line based on probabilities and want a 25% cushion, how do I convert it to a betting line? Say a horse comes out at 4-1. Do I just multiply the 4 by 1.25, to get 5-1?
Now the topic of the thread.
This is a line I made for Sar R8 9/2
Code:
Prob Fair Bet Tote
0.217 4 5 4.3
0.217 4 5 6.8
0.205 4.5 5.6 1.45
0.145 5.5 6.9 12.8
0.12
0.05
0.05
1.00
|
I would do it like this, a true 25%. Multiply the percentage by 0.75, so for example the 0.217 is 0.16275. Then convert that to odds, 1/0.16275-1 = 5.14.
At bigger prices it makes a difference. For example, .10 becomes 9-1, which multiplied by 1.25 becomes 11.25. Doing it my way, it becomes 12.33 to 1.