Author Topic: "Value Bet" the favourite  (Read 742 times)

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"Value Bet" the favourite
« on: Thu, 02 July, 2015, 14:14 »
Hi,

Here is a common scenario, at least it is for me  :).

2 back bets on, no green up forthcoming. I want to "Value Bet" the favourite according to the percentage chance of it winning as against the percentage chance of one of the other two winning.



How do I calculate the bet amount to place on the fav, so that all 3 bets will properly reflect their chances of winning?

Any ideas very welcome.

Larp

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Re: "Value Bet" the favourite
« Reply #1 on: Sun, 05 July, 2015, 23:12 »
Hi,

Got it sorted.

Thanks anyway
Larp