Hull City Football
Hull City Football
We conducted our own research on November 25, 2010, shopping all 31 teams that still had a chance to win the Super Bowl at four separate websites: 5Dimes, Sportsbook, Bovada, and TheGreek. We used just Hull City’s future odds. We made some calculations after entering the best Hull betting odds for each team into a spreadsheet. It was demonstrated that a sports bettor could place Hull predictions on any team that was fairly balanced using all four websites and expect to lose only 6.45% of their money. This suggests that future Hull betting odds are significantly better than they have ever been because of the Internet. Even if it’s just an informed guess, if I performed the calculations at Las Vegas sportsbooks, I’d believe the outcome falls between 30-45%.
The first step in computing juice is determining the average number of victories needed by each club to equal the current Hull tips. Calculating this involves dividing risk by return. To be clear, $100 wagered at +800 means $100 to win $800. Because a successful wager returns the $100 stake along with the $800 reward for a total payoff of $900, the payout is $900. The calculation for the break even point on Hull City +800 is 100/900=0.111, or 11.1%. Do a Google search for “Moneyline Converter” to discover a helpful program and avoid doing the math for the Hull tips each time.