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David Pinto's avatar

I enjoyed your posts, and hope you pick it up again sometimes. I did find it hard to follow, sometimes, as I don't speak the gambling language. If you do ever revive this, I wonder if you could include the probability of each team winning in addition to the money line for those of us who can't do the translation quickly.

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krixusthegaul's avatar

I agree with David, it took me a super long time to be able to understand the posts in the first place. In particular I didn't find the american odds intuitive, neither the two lines per game.

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Nolan's avatar

You can get the implicit probability for america olds by the following:

If the number is positive prob = 100/(100+x)

if the number is negative prob = abs(x) / (100 + abs(x))

So imagine even odds +100. Prob = 100/(100+100) = 1/2 = 50%

Imagine a favorite at -200. Prob = 200/(100+200) = 2/3 = 66.6%

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Nolan's avatar

Bummer. Is the underlying model a logistical regression or something else? I was considering of trying to do something similar for tennis.

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