Math Model Question

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Ok, i came up with a % which i believe to foretell the chances of an underdog beating a favorite outright.

Here is the example from Sunday Night's NCAA BB Game.

USC -11 @ Oregon St.

I come up with Oregon St. having a 15.18% chance in beating USC outright regardless of location, which in fact they did.

Now my question is this.

How could i go about working that % into my excel based math model.

I had thought about adding 15% of Oregon St.'s predicted total points back into their predicted points, but that just doesn't seem like the right thing to do.

Or i could take 7.5% and add it into their projected points and subtract 7.5% from USC's projected points.

I really don't think messing with their projected points is the way to do this though.

Just looking for suggestions..

Any will be appreciated.

Thanks,
Cap
 

Woah, woah, Daddy's wrong, Mommy's right.
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If I understand the question properly, you need to know the money lines, not add or subtract anything from the spread. Then translate the money line into percentages. If Oregon is +900 you need to win 1 of 10 bets to break even, or 10% of your bets. If your model shows Oregon has a 15% chance to win, that would be +EV in your model. or, over 100 bets you would win 15*900 or 13,500 and lose 85*100 or 8500.
 

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I kind of figured that is what i'd end up using this for, just wasn't sure exactly how. Thanks for the advice, much appreciated fhm.

I do welcome more comments and/or thoughts also

Cap
 

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