Betting Talk

Calculate CLV for baseball

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Comments

  • paid03paid03 Senior Member
    edited July 2014
    Dr. H wrote: »
    100/203 - 104/204 = -1.72%

    For dogs, use 100/(100+odds), so 100/(100+103)

    For faves, use odds/(100+odds), so 104/(100/104)

    Corrctamundo. Jm, just note that if you are using a spreadsheet that is pulling -104 into your function, your favorites formula will be (-odds)/(100-odds). Pretty obvious, but I figured I would mention it.
  • jmjm Senior Member
    edited July 2014
    Thanks guys, saved me an ulcer
  • procapprocap Senior Member
    edited July 2014
    jm wrote: »
    Thanks guys, saved me an ulcer

    Are you calculating Gil Alexander's CLV? If you are, you should post it here once you're done.
  • jmjm Senior Member
    edited July 2014
    Yes I am. Will do
  • groovinmahoovingroovinmahoovin Senior Member
    edited July 2014
    Just make sure you're using the no-vig closer and not the closer on that particular line. I.e if the close is +103/-111, you want to use +106.8 for the closing line, not +103. Grading plays vs a closer that doesn't remove the vig isn't really any different than grading win/loss results without including the vig.
  • jmjm Senior Member
    edited July 2014
    I used the vig which I believe is the same as bg (not saying right or wrong, just how I did it).

    For 7-13 he grades As as closing -150, where the pinny closing line is -150 / +138.
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