Re: incorrect baseball lines
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all the sports books i use always have run lines, but if that's not the norm, sure, let's rephrase the question.
if team is listed as -135, and team b is listed as +125, how do we translate those into odds of winning?
or the point total. if the book has the total listed at 7.5, and we know the total should be 10, what is our ev there?
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At -135, you would have to win about 57.5% to break even. On the dog of +125, the break even is about 44.5 %.
As for the totals, they are mostly your standard 11-10 betting odds. So about 53% to break even. Often you will find maybe up to -130 when the book doesn't want to move the total for fear of getting middled or exposed. As another poster said, very rarely will a total be off 3.5 runs. The guys who set the lines are mostly accurate to within 1/2 run.
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