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Someone to build a excel for sports betting Someone to build a excel for sports betting

05-01-2018 , 05:51 AM
So would someone be interested in making a excel for me for sports betting if i give you exactly what I need like the bet amount, the odds the player was backed at.

A excel displaying basically the same thing that pokerdope displays

http://www.pokerdope.com/poker-variance-calculator/

but just to suit sports betting instead, so something like..

count
Expected winnings
risk of ruin
std dev
variance
average mean
Probability of running below observed win rate
Probability of running at or above observed win rat
Minimum bankroll for less than 5% risk of ruin

Someone reputable from this forum would be ideal with a understanding it what is required for sports betting. And I would pay upfront for the work involved whatever the amount is.
Someone to build a excel for sports betting Quote
05-03-2018 , 10:38 AM
You can't really do this for sports betting:

For poker all-ins you can calculate the probability of each outcome (almost) exactly (ie: you have to assume the remaining deck is distributed uniformly; when actually it won't be because of the folded-out players' strategies biasing the deck in favour of smaller cards, etc).

The best you can do for sports betting is assume that either your own odds (ie: if you have created your own "tissue"), or the public's odds, are close enough and use them in place of the actual outcome probabilities.

Alternatively, you can use bootstrapping, but if you bet at very disparate odds (eg: betting outsiders in non-handicap horse races, etc) you'll need a fairly long history of bets for this work properly.

Juk
Someone to build a excel for sports betting Quote

      
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