Sunday, May 29, 2016

Modified Exchange Spread Calculator

I've made a slight addition to the exchange spread calculator.  It now includes two different measures of the size of the spread.  What used to be displayed as the spread is the difference between the odds implied by the best 'Bet For' available and the best 'Best Against' available, which is now labeled as 'Spread Diff' and there's also a column for 'Spread Pct' (expressed as the difference in implied chance of winning over the chance of the best available 'Bet For' offered (which will always have a higher implied chance of winning than available 'Bet Against' odds.

For example, if a horse has a Bet For of 4 available (25%) and a Bet Against of 5 available (20%), the spread diff would be 5% and the spread pct would be 20% (5%/25%).  Here's an example what the calculator display looks like now.  As before, sign up for my email list and send me an email at zelvin30@hotmail.com if you want a copy of the calculator.  Also, let me know if you'd be interested if I create a 'live' version that updates in real-time.


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