Soccer Mystic - Betfair trading software

Home > Examples > Price Probability
Betfair | Betdaq | WBX

Price Probability betting calculator


The Price Probability calculator calculates:
  • The implied probabily of any given price
  • the mathematically correct price for any given probability
Calculating the implied probability of any given price
This shows that a price of 2.62 implies a probability of 38.17%. In other words, if a horse is priced at 2.62 and you think that it has more than a 38.17% chance of winning, you would be getting good value by backing it at 2.62. Conversely, if you thought that the horse had less than a 38.17% chance of winning, you would lay it at 2.62.




Calculating the mathematically correct price for any given probability
This shows that if you thought Tiger Woods had a 70% chance of winning a golf tournament going into the final day, the mathematically correct price would be 1.43. If you want to back (lay) Tiger, you would try to back him at a higher (lower) price in order to get some value.




if you would like to advertise in this space.



Buy the Bet-IE Betfair betting calculator for just £65.

Bf Bot Manager Official Betfair API solution with 3 fully automated bots.

BlueSq Betting Get the best online betting odds from BlueSq.

Online Casino King Find the best online casino games at the Online Casino King.

Betdaq offers liquid in-running markets and multiple betting.

120x60_Football Betfair prices are on average 20% better than any bookmaker.

30 Day Free Trial - MarketWatch Options Trader Free 30 Day Trial of MarketWatch's Options Trader Newsletter

30 Day Free MarketWatch - Technical Indicator Free 30 Day Trial of MarketWatch's The Technical Indicator Newsletter

Click Here For The Wall Street Journal Online Get The Wall Street Journal for 75% off!

Partners
Advanced Ratings
Arbforum
Bet On Euro 2008
Bet72 - Risk Free Betting
Bookmaker review
Breeders' Cup Betting
Football Betting Help
Free Bets
Free Bets UK
Free Bettings Tips
Investment Racing Club
Irish Oaks Betting
Lay My Bet
Matched Betting
Melbourne Cup Betting
Microgaming Bonuses
Monster Punter
Odds Comparison
OddStorm
Online Casino
Online Casino Review
Online Casinos
Online Gambling
Priceform
Punter's Lounge
Sports Betting Review
TOP WETT TIP
Value Bets

Home  |  Toolbar  |  Links  |  Partners  |  Webmasters  |  Advertising  |  Disclaimer  |  Sitemap  |  Contact

 SoccerWays Top Soccer Sites Top 100 Football Sites  Top Betting Sites

Copyright © 2009, Arb Cruncher. All Rights Reserved.