Likely dumb vig question

Performify · #1 11-30-2007, 08:06 PM

Yes, the average would be -270. Probably just a typo.

For those following along at home, you can do all the math above with a Moneyline Converter, for example http://www.smartcapper.com/tool_mone...converter.html

Just find the two percentages for the two lines and take the average of those (add them, divide by two, ldo).

-P

Thremp · #2 11-30-2007, 08:28 PM

http://forum.sbrforum.com/players-ta...tml#post112449

This is what I was looking for.

While the above posts are a step in the correct direction, they aren't correct.

Buchdahl's book touches on this subject in the opening paragraph.

hedgie43 · #3 12-01-2007, 12:13 AM

Thremp,

If the line is efficient, how would you find the true line at higher prices then?

Thremp · #4 12-01-2007, 12:16 AM

[ QUOTE ]
Thremp,

If the line is efficient, how would you find the true line at higher prices then?

[/ QUOTE ]

Guess? I have not really gotten that far. Though from the research and economic arguments I've seen (And anecdotal evidence), it pretty clearly points to large MLs not being accurately represented by the no vig line. Which ironically may actually make a bastardized version like the one presented above or a true average more useful.