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Triggered betting
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MarkV
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Implied probability
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Topic: Implied probability (Read 2071 times)
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chilli
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Posts: 151
Implied probability
«
on:
22 Dec 2017, 08:47 »
Morning all
I'm looking to add a condition to a trigger that calculates the difference in implied probability between the favourite and 2nd favourite. ie I want the trigger to fire only if the favourite has an implied probability of greater than 10% over the 2nd favourite.
Any help appreciated
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MarkV
Moderator
Posts: 3626
Re: Implied probability
«
Reply #1 on:
22 Dec 2017, 17:22 »
Hi
Try:
selection: favourite
condition: selections trigger expression (1/r_1_back_price)*100 is greater than ((1/r_2_back_price)*100)*1.10
note: for this to be accurate you will need to ensure the market's back book % is close to 100%
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chilli
All members
Posts: 151
Re: Implied probability
«
Reply #2 on:
26 Dec 2017, 12:25 »
thanks for that. Much appreciated
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Implied probability
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