Hooligans Sportsbook

Implied Probability

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Wally, as Matt has already pointed out, there is no difference between a 63% chance of them winning this game or the likelihood that they will win 63 out of 100. Mathematically it is the same thing.

63% = 63%.

Thats .63 out of 1, 6.3 out of 10, 63 out of 100, etc.
 
Vegas Dave
Wally, as Matt has already pointed out, there is no difference between a 63% chance of them winning this game or the likelihood that they will win 63 out of 100. Mathematically it is the same thing.

63% = 63%.

Thats .63 out of 1, 6.3 out of 10, 63 out of 100, etc.
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the probability of a 63% chance event of happening x number of times out of 100 is whole another ball of wax.
 
Wally, I'm pout of town at the moment but I've got something that I wrote some time ago which was an idiots guide (that's not a dig) to implied probability. Give me a couple of days to get back home, find it and update it.
 
P-Roid I appreciate it. One question though, is your version of an Idiot's Guide different than your average Think Tanker's version of an idiot. To a Think Tanker's thinking Quantum Physics is child's play.
I'm somewhere between Sesame Street and Are You Smarter Than A 5th Grader.
 
I got another one for you wally (or anyone), if you enjoy this as you say.

Today pinnacle had
BOS +4 -105
CLE -4 -105

SIA had
BOS -5 -115
CLE +5 -105

I think you'll be able to figure out the edge, but more importantly how much do I bet?
 
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