This site is for adults 18+ due to gambling/betting content. If you have a problem with gambling issues, or need information, please visit:
Gambling Help Online Gamblers Anonymous Gambling Therapy Gamble Aware Jugadores Anonimos JugarBIEN BeGambleAware GamCare


Go Back   Bettingadvice forum > Betting aid / strategy > Betting aid

Betting aid Need answers from the betting world? Ask your fellow punters, maybe they can help.

Online Sports Betting at Pinnacle Sports
BET365: Simply the best bookie for livebetting! PINNACLE: BA's all time favourite bookmaker. Great odds!


Reply
 
Thread Tools
Old 08-09-18, 14:01   #1
mansion
 
Join Date: Mar 2017
Posts: 9
mansion is on a distinguished road
Default calculate the difference between odds

could you please help me with the following problem.
i am trying to calculate an adjusted expected ROI of a tipster.
so lets say this tipster has 10% ROI but you cannot reach this as odds are sometimes worse then advised.
example:
lets say a tipster advised to bet on team x with odds 2.38 but you cannot place your bet at this price, instead you can place it at 2.26.
can you just calculate it like this?
(2.26-2.38)/(2.38-1)= -8.7%
or do i need to calculate the difference between the implied winning chance?
or none of the above?

thanks for helping a rookie
mansion is offline   Reply With Quote

PINNACLE SPORTS: One of the very best. New website!

Reply

Bookmarks

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump




This site is for adults 18+ due to gambling/betting content. If you have a problem with gambling issues, or need information, please visit:
Gambling Help Online Gamblers Anonymous Gambling Therapy Gamble Aware Jugadores Anonimos JugarBIEN BeGambleAware GamCare
 
Last BA mainsite picks
Updated every 2nd min.

Advertisement




All times are GMT +1. The time now is 22:32.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, vBulletin Solutions, Inc.