Thank you for getting back to me.
Unknown said:
You're basically asking what price is over 1.5 goals. These markets are bet to 105 or 106%.
Yes. Exactly what I am asking.
Unknown said:
Under 1.5 goals is +236 (100/3.36) = 29.36%
Over 1.5 goals = 105% - 29.36 %= 75.64% so (100/76.64) = 1.332
Over 1.5 = -301
Under 1.5 = +236
These are roughly the odds I would expect a book to offer. Remember that because of the favourite longshot bias the over 1.5 price is very close to the 100% line so adjusting for vig will not necessarily make the prices more accurate.
That is what was throwing me off a bit, the fact that these markets are priced to ~ 105%, which is one of the reasons I asked about adjusting for the no-vig.
Here is another thing, those numbers I quoted were from an online Bookmaker, not an exchange, so would I still not want to throw those two numbers, -301/236 into a No-vig calc and conclude that the true price for O/U 1’ Goals was +/- 252? It seems strange for me to not make a no-vig adjustment to a bookmaker line.
Hope that makes sense.
Thanks again.