Ok guys help me out here.
Heat V Bobs
Total 188.0 is a perfect flip on the exchanges with both sides available at 1.99 to back (50.25%). Given there is a 187.5 line out there I need to know what is 0.5 worth in the total here?
Over 188.0 = 1.99
Over 187.5 = < or > -110?
My calculation/guess is that the true price would be 1.93/1.94?