Quote:
Originally Posted by sjk
Mark,
Anyone who makes a line and looks for overlays is using the public odds in making the comparison.
Most would have a requirement that there be a cushion between the value presented by the public odds and the expected return based on a personally derived line, such as looking for opportunities where the overlaid value is 100% greater than the oddsline expected return. (I am using a requirement along those line)
Making a composite odds line really does nothing more than adjust the required cushion percentage. You can manipulate the inequalities and turn a requirement about a composite line into a requirement on the oddsline at a higher cushion percent.
SK
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TX very much for the response. It's well known that I'm an intuitive handicapper who constructs no handicapping line, but instead goes by feel in assessing value-which, of course, traces directly to closing odds.
So, you are saying that "smoothing" means blending the actual odds with the computer-churned line before comparing that product with the raw, real-time odds to assess value?
