Implied odds

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Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Would there be any chance that Bet Angel's charts could include the option to express odds in terms of percentage implied odds, rather than Betfair prices, please?

Jeff
convoysur-2
Posts: 1110
Joined: Thu Jan 12, 2012 10:00 am

Hi Jeff
isnt that already available on the market overview tool ??
Marc
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Hi Marc

I don't think you can bring up graphs showing precise changes in implied odds. I think you can get a graph based on Betfair's standard graph, but as the x axis of that chart isn't to scale, I don't use it much.

Jeff
convoysur-2 wrote:Hi Jeff
isnt that already available on the market overview tool ??
Marc
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Euler
Posts: 26336
Joined: Wed Nov 10, 2010 1:39 pm

If you use the inplay trader tool, that will display odds by % and allow you place orders by clicking on the graph.
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

True, but it would be useful to do it pre-off.

There was a study a while back that showed that you could make a profit from backing steamers and laying drifters that met certain criteria (http://promo.betfair.com/tactemails/camb1a.htm). It would be interesting to see if that still holds.

BTW, the article says that: 'We classified a “drifter” as any horse whose implied percentage chance of winning decreased by 5% or more'.

That's incorrect. I know someone who's corresponded with the guy who carried out the study, and the correct figure is 50%. Ditto for steamers.

Jeff
Euler wrote:If you use the inplay trader tool, that will display odds by % and allow you place orders by clicking on the graph.
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