Quote Originally Posted by thorpe:
This comes up every year. Here is how the math works:
Thanks.
The tricky part is determining what the exact chances are of the second team scoring after the first team scores. You mentioned 60%. How was that percentage arrived at? Is that based upon a bunch of prior data? Why not 55% or 65%, for example.
Also, I agree halftime definitely plays a part in the equation. If a team scores at the end of the second quarter, they might also get the ball first in the third quarter, resulting in two consecutive possessions for them. But how
much of a factor does this contribute to our equation?
In the Super Bowl line that I gave above, from last year's Super Bowl, YES was listed at -180. So let's do the math.
If you like the YES, in order for this to be a profitable bet for you, YES would have to occur 65 percent of the time:
65 wins at +100 = $6,500.00
35 losses at -180 = -$6,300.00
Profit of $200.00 after 100 such bets.
If you like the NO, you need to win this 39% of the time, at +160, to make a small profit:
39 wins at +160 = $6,240.00
61 losses at -100 = -$6,100.00
Profit of $140.00 after 100 such bets.