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Old 12-02-2008, 07:14 PM   #1
dogman
 
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Default Is this bet +EV and how much?

Taking one NFL team at -6 1/2-110 and betting their opponent at +7-120. How would I determine the edge(if any) and how much to wager using Kelly C.
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Old 12-02-2008, 07:39 PM   #2
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half a point usually costs 10cents, 7 may be a more important # than most but I doubt there would be an edge.
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Old 12-02-2008, 08:53 PM   #3
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According to the Half-Point Calculator:

If the true line were ±6½ EVEN, then were you paying -110 for the -6½, you'd need to pick up the +7 at roughly -102 or better for the middle to be +EV.

Were you not to hedge and only take the +7 then you'd be slightly +EV at +7 -112.
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Old 12-03-2008, 08:32 AM   #4
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I meant to say taking their opponent at +7 1/2-120, not -7 -120, so the bet would be -6 1/2 -110 and the other side at +7 1/2 -120.
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Old 12-03-2008, 08:47 AM   #5
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Quote:
Originally Posted by dogman View Post
I meant to say taking their opponent at +7 1/2-120, not -7 -120, so the bet would be -6 1/2 -110 and the other side at +7 1/2 -120.
Still no.

Assuming the true line were ±6½ EVEN, you'd need the +7½ at about -114 or better for the middle to be +EV.

The +7½-120 alone, however, would represent roughly +2% EV.
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Old 12-04-2008, 01:31 AM   #6
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No book will offer value on the same game.
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Old 12-04-2008, 06:28 AM   #7
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This would not be at same book. One book would have -6.5. The second would have -7, where the OP would buy the dog to +7.5 -120.
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Old 12-04-2008, 01:31 PM   #8
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Oh, well if there is any edge it will be marginal at best.
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Old 12-05-2008, 01:16 PM   #9
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How about -6 1/2-105 and +7 1/2-120. I guess the would be close to +EV. Ganch or anyone, I use the half-point calculator every day but how would I use it using the above figures to see if the bet was +EV. Thanks.
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