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@bettinggenius | |
Hi Guys I'am Here To Teach You How To Manipulate odds. Assume A Bookmaker set 1X2 odds of. 1.70,3.55,4.65 You as a sports betting mogul already knew These are never The Correct Probability. Let's Calculate The Total Probability. (1/1.70+1/3.55+1/4.65)*100=108.5% Every Probability When All Outcomes Are Combined Suppose To Have a Probability Of 100%. So The Additional 8.5% Is Fixed By Bookmakers to Have an edge over Bettors. They Are Called Profit Margins. Profit Margins Are The Degree To Which A Company Makes Money.So Here Bookmakers are Making 8.5% Profit With This Odds Despite Whatever The Result Becomes.§ For Up To Correct These Odds We Need The Formula (Total Probability/Home,Away,or Draw Probability)*100§ Let's Start With Home Teams. 1/1.70*100 is 59%. So Then59/108.5*100=54%probability For Draw1/3.55*100=28%probability28/108.5=26%probability For Away teams1/4.65*100=22%22/108.5=20%probability. Now We Have.54+26+20=100%Total Probability Let's Create Their Odds 1.100/54=1.84odds Draw.100/26= |
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@gmtrillions | 10 May 25 |
Great One Sir.I Dey Learn Oh
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@juniorjuice | 11 May 25 |
Me too. But Maths too much
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@bettinggenius | 11 May 25 |
You Don't Like Maths @juniorjuice?
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@juniorjuice | 11 May 25 |
Yes i hate Maths
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@jovanfango | 11 May 25 |
Bro how did you get that total of adding the odds at first brief me
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@bettinggenius | 11 May 25 |
Chat Me Up Let Me Know Your Problem With That Calculation @jovanfango
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@bettinggenius | 11 May 25 |
Better Like Maths@juniorjuice Because Almost Everything About Match Analysis Is Concerned With Mathematics!
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@jovanfango | 11 May 25 |
To get the total of those odds given
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