CLV OV MLB calculation help please
danshan
Senior Member
I am wondering how do you calculate the CLV for this game please
I bet the Yankees Under 9 -120
and it closed at Under 8.5 -107
can someone please tell me the CLV and show me the math.
This is what I did let me know if you think this is in anyway accurate
I used the half point calculator popped in 9 under -120 and it kicked back 8.5 would be -150.7 so I subtracted 3 cents from that since it was -107 not -110 and came up with -147.7
so basically I bought it with a 54.55% chance to win and it closed with a 59.63% chance of winning without counting vig which is 5.08% what do you think??? Thanks in advance for any help!
I bet the Yankees Under 9 -120
and it closed at Under 8.5 -107
can someone please tell me the CLV and show me the math.
This is what I did let me know if you think this is in anyway accurate
I used the half point calculator popped in 9 under -120 and it kicked back 8.5 would be -150.7 so I subtracted 3 cents from that since it was -107 not -110 and came up with -147.7
so basically I bought it with a 54.55% chance to win and it closed with a 59.63% chance of winning without counting vig which is 5.08% what do you think??? Thanks in advance for any help!
Comments
yes I get that much but I am missing the adjustment for the small off of -110, is my math correct?