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OT: Is Denver really the better Superbowl bet?

Posted By: leobueno
Date: Wednesday, 4 January 2012, at 6:32 p.m.

In Response To: OT: Is Denver really the better Superbowl bet? (leobueno)

Leo said:

"Since the "real" odds have to sum to 1, I calculated "relative" odds (implied odds * 1/sum implied odds)."

Leo meant:

Since the "real" PROBABILITIES have to sum to 1, I calculated "relative" PROBABILITIES (implied odds * 1/sum implied odds).

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