remember-this is in theory only-relies on the assumption that the book will balance the
action perfectly. if anybody wants the
formula, ill post it. example---
the hold on 150 fav on the dime line is 1.6%
so if a book writes 1/2 mil on the game,
assuming no line movement, they should
hold(WIN)$8000(IN THEORY). the hold on a
150 fav on a 20 cent line, assuming 130/150
is 3.3%, the hold would be $16500(IN THEORY).
action perfectly. if anybody wants the
formula, ill post it. example---
the hold on 150 fav on the dime line is 1.6%
so if a book writes 1/2 mil on the game,
assuming no line movement, they should
hold(WIN)$8000(IN THEORY). the hold on a
150 fav on a 20 cent line, assuming 130/150
is 3.3%, the hold would be $16500(IN THEORY).
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