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12th June 2004, 11:01 AM
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Suspended
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Join Date: Jan 1970
Location: Melbourne
Posts: 5,359
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If you race off to Sportodds website,you will find,what Floydyboy calls roll-your-own odds.
If you analyse these you will come up with a formula or graph of converting margins to prices.
I use a formula to do same.
It is K^M+1
where K=0.955
and M= margin
So for example
if you think Essendon can beat Brisbane by 12 points
First do the power part
0.955 to the power of 12 equals 0.575
Then add plus 1 equals 1.575
Rounding off gives an acceptable price of $1.58
Prediction of a draw becomes $2
A 1 point margin becomes $1.95 for the favourite and $2.05 for the underdog.
Cheers Mo.
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