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betovernetcapper
01-13-2005, 02:23 PM
If you have the win % and roi- what is the formula to create the average odds to 1?
example
win% roi
43 1.11
34 1.04
26 1.77
20 1.53

thanks

NoDayJob
01-13-2005, 03:23 PM
win% roi
43 1.11 = 1.5813953
34 1.04 = 2.0588235
26 1.77 = 5.807692
20 1.53 = 6.65

ROI * 2 / Win% = Avg. Payout

[Avg. Payout -2] / 2 = Odds

or simply:

ROI / Win% - 1 = Odds

NDJ

betovernetcapper
01-13-2005, 03:45 PM
Perfect-thanks much :)

toetoe
01-14-2005, 01:40 AM
Betover,
Easy breezy way is to use the payout for $2 for r.o.i. As everybody can do a lightning-quick calculation from odds to payoff (e.g., 4/1 = $10, and vice versa ), it's a snap to go: 40 % x (?) = $2.40 return; ans.: 6, or 2/1
(?) x $14 = $2.10 return; ans.: 15% (6/1)
29% x $10 = (?) return; ans.: $2.90 (4/1)