Baseball Run Line Odds Calculator
I have been asked a lot in the past about run line odds. The questions range from how it is determined to whether there was value betting them.
A lot of you love betting the runline on those favorites. You can turn a home team that is -135 to +150 if you give up the one run. This is very significant and many of you take the bait and bet on the favorite by turning them into a dog. This gives the bettor an impression that he/she is betting with more value.
But run Line odds are just like ML odds, sometimes there is value but sometimes there isn't. Understanding how to come up with an accurate run line odd requires an understanding of probability and past statistics of baseball winners. To keep all of you from having to to worry about all of that, I am creating this tool to help you convert those moneyline odds and see if there is value betting on the runline.
It is still in BETA VERSION and does not work 100% yet. But you can try it out and give me your impressions.
Run Line Odds Calculator - Ver 1.0
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Limitations
- Does not really work for spreads around -105, -110, etc.
- This PHP version outputs different value than my personal program.
- National League / American League conversion factors are assumed identical.
- Conversion factors used is identical across the spread ranges even though it realistically not so.
- Does not max out the moneyline spreads to accurate realistic limits.
- DOES NOT WORK for heavy chalk like -200.
Plans for Ver 1.01
- Does not really work for spreads around -105, -110, etc.
- Use realistic limits to the possible moneyline spread ranges.
- Fix it from working for heavy chalk like -200.
Plans for Ver 2.01
- Take into account National League / American League teams.
- Use different conversion factors for different spread ranges.
PLEASE email me further suggestions for improvement = info@easybaseballbetting.com
Link to this page and tell your friends about it.
