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1. Originally Posted by wantitall4moi
Only winners pay vig so your win percentage and odds are going to determine how much overall vig you pay.
LOL.

SBR
Bash 2012
Attendee 8/17/2012

3. Originally Posted by LT Profits
-270 = 270/370 = 72.97%
+243 = 100/343 = 29.15%

Overround = 72.97 + 29.15 = 102.12%

SO....
72.97/102.12 = 71.45% = -250.3
29.15/102.12 = 28.55% = +250.3

No Vig = +/-250.3
Can someone explain how or why this is written like this? Why 100/343?

4. Originally Posted by BALISTIK
Can someone explain how or why this is written like this? Why 100/343?
If favorite formula is (X)/(x-100) i.e. (-270)/(-270-100) = -270/-370 = 72.97

If underdog formula is (100/)(x+100) i.e (100)/(243+100) = 100/343 = 29.15

5. Originally Posted by BALISTIK
Can someone explain how or why this is written like this? Why 100/343?
You always divide risk by payout. So, in that example, +243 means if you risk \$100, the total payout on a win is \$343 (Your \$100 back plus \$243 profit). 100/343 = 29.15%. Same thing with the one right above it. Risk 270, win 100, so total payout is 370. 270/370 = 72.97. Hope that helps.

6. Thanks guys.

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