We do it the decimal way Down Under and nothing could be easier.
Informative explanation there bulldog. You amaze me at times gov'
Informative explanation there bulldog. You amaze me at times gov'
Best way to calculate units won and units lost???
- Thread starter kickserv
- Start date
yep Pawa.........as I said.......they do the decimal everywhere.....except in Nevada..........I wonder what prick came up with that whole -200 +350 crap...would love to get my hands on him
and yes Bulldog.......that was some amazing analysis
and yes Bulldog.......that was some amazing analysis
Bulldog well said !!!
Bulldog well said !!!
I have tried both sides of the risk to win factor.. I have found that for me its best to play based on % to win. It helps keep me off the high juice. As far as Uero pricing and American pricing whats the big deal? Its not like the odds change unless your betting to risk on DOGS and to win on FAVS. To each his own whether it be Decimal or American IMO. It's all good as long as you show a profit Take your decimal odds x it by how ever much you wagered and then you can get you wager amount + your amount won all wrapped in one. If you win of course
Bulldog well said !!!
I have tried both sides of the risk to win factor.. I have found that for me its best to play based on % to win. It helps keep me off the high juice. As far as Uero pricing and American pricing whats the big deal? Its not like the odds change unless your betting to risk on DOGS and to win on FAVS. To each his own whether it be Decimal or American IMO. It's all good as long as you show a profit
Take your decimal odds x it by how ever much you wagered and then you can get you wager amount + your amount won all wrapped in one. If you win of course 
personally, my best method of calculation, is comparing amount deposited to amount withdrawn (either that, or need to find all the scraps of paper that have fallen where they may)..
but.............................. Do want to comment on a method of calculation that does NOT work. (Koty's dad could go into much more detail on this, but i will go with the basics instead) %%%%%%%%%%%%%%????????????????? how in the HELL can one calculate anything accurately on percentages????
BASIC example:
your bankroll $1000
day one, you lose 30%......
currently you have 1000-300= for a total bankroll of $700 remaining!
day 2, you lose 30% again......
currently you have 700-210= for a total bankroll of $590.00
day 3, you lose 30% AGAIN (is it time to QUIT yet)
currently you have 590-177 = for a new total bankroll of $413.00
MOST COOL NOW!!!!!!!!!!!!! you feel REALLY lucky tonight and put a total of 100% of your bankroll on the line!!!
woooooo hooooo 413+413= 826 ........ hmmmmmm still under the 1000 that you started with, but you have only lost 90% on plays and gained 100%......so you can say that you are up 10%
imagine how easy it is for *someone* to fudge how they are doing by using percentages........
you need a spreadsheet to prove ANYTHING
make your own plays people
(either that, or need to find all the scraps of paper that have fallen where they may)..but.............................. Do want to comment on a method of calculation that does NOT work. (Koty's dad could go into much more detail on this, but i will go with the basics instead) %%%%%%%%%%%%%%????????????????? how in the HELL can one calculate anything accurately on percentages????
BASIC example:
your bankroll $1000
day one, you lose 30%......
currently you have 1000-300= for a total bankroll of $700 remaining!
day 2, you lose 30% again......
currently you have 700-210= for a total bankroll of $590.00
day 3, you lose 30% AGAIN (is it time to QUIT yet)
currently you have 590-177 = for a new total bankroll of $413.00
MOST COOL NOW!!!!!!!!!!!!! you feel REALLY lucky tonight and put a total of 100% of your bankroll on the line!!!
woooooo hooooo 413+413= 826 ........ hmmmmmm still under the 1000 that you started with, but you have only lost 90% on plays and gained 100%......so you can say that you are up 10%
imagine how easy it is for *someone*
to fudge how they are doing by using percentages........you need a spreadsheet to prove ANYTHING
make your own plays people
yyz said:
WHO's on FIRST.....baybeeeeeeeeeee???
at least big daddy understood me and he's *closer* in wisconsin.....LOL........ know i didn't explain it very well, but +100% is not always greater than -90%
GardenWeasel you were asking what decimal format is....well hopefully this helps:SIB
I hate Vegas format I find it just plain silly, but that's just me. Vegas format is only used in North America, everywhere else in the world uses decimal format (or fraction).
I just have never understood a -425 odds, I mean what if ya want to bet 75 bucks or say 143 bucks, the minus and plus are just silly in my opinion. decimal format is so much easier to use.
For those that want to convert vegas format to decimal format it is really easy (Note most offshore books have the decimal format as well as vegas format).
For +360 simply add 100, so +360 = $4.60 in decimal format.
For -360 simply add 100 and divide by 360. So 460 divided by 360 = $1.28 decimal format.
So easy........
if you bet 100 bucks on the fav you would receive 128 dollars and a profit of 28 bucks.
if you bet 100 bucks on the underdog you would receive 460 dollars and a profit of 360 bucks
As I said before whoever came up with that stupid Vegas format should be shot:mj16:
I hate Vegas format I find it just plain silly, but that's just me. Vegas format is only used in North America, everywhere else in the world uses decimal format (or fraction).
I just have never understood a -425 odds, I mean what if ya want to bet 75 bucks or say 143 bucks, the minus and plus are just silly in my opinion. decimal format is so much easier to use.
For those that want to convert vegas format to decimal format it is really easy (Note most offshore books have the decimal format as well as vegas format).
For +360 simply add 100, so +360 = $4.60 in decimal format.
For -360 simply add 100 and divide by 360. So 460 divided by 360 = $1.28 decimal format.
So easy........
if you bet 100 bucks on the fav you would receive 128 dollars and a profit of 28 bucks.
if you bet 100 bucks on the underdog you would receive 460 dollars and a profit of 360 bucks
As I said before whoever came up with that stupid Vegas format should be shot:mj16:
and this supposed to help?...:mj16:
isn`t it just easier to say(if you`re using say, 100 dollars or sheckels,or whatever you canadians use),-185 means ...-$185 to win $100?...
+110 means....laying $100 to win $110?....-220 actually means...-$2 hundred and 20 dollars to win one hundred dollars?.......
that`s o.k... it`s really not important that i keep abreast of the amount of your wagers....
but why make it so complicated?...:nooo:
thanks for trying...disregard my inquiry....
ahhhhhhhhhhh GW.........I knew you wouldn't get it:mj07: :mj07:
How can ya get any easier then decimal......sheeesh:SIB
Just times your wager by the odds, can't get any easier then that now can ya!
decimal odds = 1.50
wager 50 bucks x 1.5 = 75 bucks ...now that's easy, grade 4 students could understand that:scared
-425 -640 +125 +565 ....please:nono:
I understand how both odds work, just soooooo much easier in decimal format:SIB
Now if you really want to blow your mind.....you should see some British sportsbooks and FRACTION format:scared
How can ya get any easier then decimal......sheeesh:SIB
Just times your wager by the odds, can't get any easier then that now can ya!
decimal odds = 1.50
wager 50 bucks x 1.5 = 75 bucks ...now that's easy, grade 4 students could understand that:scared
-425 -640 +125 +565 ....please:nono:
I understand how both odds work, just soooooo much easier in decimal format:SIB
Now if you really want to blow your mind.....you should see some British sportsbooks and FRACTION format:scared
I don't get most of the above. My way of doing is more or less the same as kickserv's except for the European part.
I post picks here to help other people - my part in exchange for the help they give me. What's most useful to other posters is that I
- follow the Hippocratic Oath (only post plays I truly believe are likelier to win because I have a proven history success with similar picks -- not just making guesses for Internet glory)
- keep a true, accurate and meaningful record.
I always liked kickserv's testicle plays because they're balls and balls, not balls and oranges. So I keep my record for all picks between -120 and +120. I list me RECORD first, and then my pick afterward. I don't post lines that were only available hours ago - a real pet peeve of mine. People who list lines that are not currently available are basically bragging rather than trying to help others. A -120 to +120 record shows other people how good this poster is at picking straight up. Very important information.
Record: 21-13
Pick: Doobie State -4 (Phelps U.) -105 (5dimes)
For bets outside that range, I've gone to using units. Honesty is important here, and using this form (which I copied from someone, I forget who) is important.
Nadal over Stendhal
3.65 units to win 2.30 units.
Units: +1.55
And then, as with the 110 record, listing overall units. If the math is laid out beforehand, someone else can correct you when you total it up wrong.
There you have picks and history in easiest to grasp format. All that remains is your integrity in keeping your lines and math correct. Then you've got something that is actually useful to other posters.
The stuff about Euro vs US ways is irrelevant. Both are easy. The Euro way is not in fact easier than the American, that's just your bias. Both are valid and seem natural to those who grew up with them.
Again, I think the keys here are:
1) Hippocratic oath - do no harm to others through your posting - if you can't pick more winners than losers, don't post
2) posting your 110 record so readers have the best single gauge of your capping ability
3) posting lines that are actually available when you post, or at least explaining how you came by the special price.
I post picks here to help other people - my part in exchange for the help they give me. What's most useful to other posters is that I
- follow the Hippocratic Oath (only post plays I truly believe are likelier to win because I have a proven history success with similar picks -- not just making guesses for Internet glory)
- keep a true, accurate and meaningful record.
I always liked kickserv's testicle plays because they're balls and balls, not balls and oranges. So I keep my record for all picks between -120 and +120. I list me RECORD first, and then my pick afterward. I don't post lines that were only available hours ago - a real pet peeve of mine. People who list lines that are not currently available are basically bragging rather than trying to help others. A -120 to +120 record shows other people how good this poster is at picking straight up. Very important information.
Record: 21-13
Pick: Doobie State -4 (Phelps U.) -105 (5dimes)
For bets outside that range, I've gone to using units. Honesty is important here, and using this form (which I copied from someone, I forget who) is important.
Nadal over Stendhal
3.65 units to win 2.30 units.
Units: +1.55
And then, as with the 110 record, listing overall units. If the math is laid out beforehand, someone else can correct you when you total it up wrong.
There you have picks and history in easiest to grasp format. All that remains is your integrity in keeping your lines and math correct. Then you've got something that is actually useful to other posters.
The stuff about Euro vs US ways is irrelevant. Both are easy. The Euro way is not in fact easier than the American, that's just your bias. Both are valid and seem natural to those who grew up with them.
Again, I think the keys here are:
1) Hippocratic oath - do no harm to others through your posting - if you can't pick more winners than losers, don't post
2) posting your 110 record so readers have the best single gauge of your capping ability
3) posting lines that are actually available when you post, or at least explaining how you came by the special price.
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Only at Madjacks.....where Hippocrates and betting on sports meet back up on the other side. :mj07:
Actually, now that I think about it.....astute observation, Nelson. Hippocrates was from Greece. Try typing in www.thegreek.com and see what you get in return. :142smilie
-JC
Actually, now that I think about it.....astute observation, Nelson. Hippocrates was from Greece. Try typing in www.thegreek.com and see what you get in return. :142smilie
-JC
