Quote:
Originally Posted by qotd
Does anybody know how much a goal or a half-goal is worth with an NHL grand salami? I assume it changes pretty aggressively based on the actual number, but anything to ballpark it would help.
Poisson works fairly well for this. It's a great exercise to work out how to back into the market-implied mean and use that to value half points. Here's the formula in Excel to get you started...
Density Cumulative
1 =POISSON(1, mean, FALSE) =POISSON(1, mean, TRUE)
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30 =POISSON(30, mean, FALSE) =POISSON(30, mean, TRUE)