fhmesq44 said:
Chop,
What is the formula to make the -1 (by combining ML and -1.5) if your book doesn't offer them? Both with favorites and dogs if the formula is different. Thanks.
Here is the formula Illini taught me last year. Looks hard but after doing it 5 or 6 times you can convert the line in less than a min.
If you like -1, you can get a better line by betting some on the ML and some -1.5. Pinnacle basically rips you off by about 3 cents on every -1 line. It just takes a little algebra, but it's well worth it. Here is an example.
Pinnacle
White Sox (-132)
White Sox -1.5 (+164)
White Sox -1 (+111)
Instead of betting 100 to win 111 at -1, do this.
Bet $56.90 at -132 to win $43.11
Bet $43.11 at -1.5 (+164) to win $70.70.
If White Sox win by 1, you break even, just like the -1 line.
If they win by 2 or more, you win $113.81 instead of $111.
So, you get almost +114 instead of +111
You just have to know how much to bet on the ML, then bet all the would be profits from that on the -1.5 line. To figure out how much to bet on the ML, just do this.
Take 100/132=.7576
Add 1 = 1.7576
Take 100 and divide by 1.7576.
=56.90