BetBurger | Live and Pre-game surebets
ValueBetting - The easiest way to make money on sports

Margins to consider in COMBO/MULTI

Pages: [1]
Author Topic: Margins to consider in COMBO/MULTI  (Read 196 times)
testez
Has some experience
**

Karma: 10
Posts: 152


View Profile

testez

Margins to consider in COMBO/MULTI
« on: January 17, 2019, 02:32:25 PM »

  Considering that we want to make a combo value bet against pinny, where the pinny odds look like :

match   odd   margin
  1           a         X
  2           b         Y

the question is what margins do we have to take into consideration if we want a value combo bet between these 2 selections. X x Y?   X + Y ? (X + Y)/2   ?

Thanks.
Logged
pythonic
Newbie
*

Karma: 2
Posts: 24


View Profile

pythonic

Re: Margins to consider in COMBO/MULTI
« Reply #1 on: January 17, 2019, 03:18:20 PM »

It depends on what you mean by margin.
Generally: With decimal odds a, the impied probability is 1/a. So for a combo bet for two independent games, you should expect odds of 1/( (1/a) * (1/b) ).
Do that for the fair odds (no margin) and by comparing with the actual odds you can evaluate your edge in the combo bet.
Logged
Pages: [1]
Print