Wednesday, September 06, 2006

Error in my article

There is an error in my article on Betting NFL Regular Season Win Totals. I am hoping it will be fixed soon, but I have not received a response by the editor yet.

The error is in the last portion of "The Value of a Half-Win".
Here is the section:

------------
Example:
You want to bet the Under in the Bengals RSW. Which of these two wagers has better value?

Cincinnati Under 9 -130
Cincinnati Under 9.5 +100

By adding 50 cents to Under 9 -130, we see that it is equal to Under 9.5 +120 (when adding/subtracting cents in a money line, treat +100 like you would treat zero in a normal number line). Therefore, Under 9 -130 is better since the sportsbook is only offering you +100 to take Under 9.5.

-----------



This is the corrected version:

------------------

Example:
You want to bet the Under in the Bengals RSW. Which of these two wagers has better value?

Cincinnati Under 9.5 -130
Cincinnati Under 9 +100

By adding 50 cents to Under 9.5 -130, we see that it is equal to Under 9 +120 (when adding/subtracting cents in a money line, treat +100 like you would treat zero in a normal number line). Therefore, Under 9.5 -130 is better since the sportsbook is only offering you +100 to take Under 9.

-------------

No comments: