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Benny

13th May 2014 12:54 PM

Probabilities

In a soccer game between Man City and Everton there are 3 outcomes how do I calculate the probability of either outcome.

I'm going to the probability function in Excel. Can someone please help?

grizzle

13th May 2014 01:01 PM

Been expecting you Benny
I see Shaun is logged on, maybe he can help
Good luck with it mate

Rinconpaul

13th May 2014 01:06 PM

Benny, just divided the decimal price into 100 for each outcome. For example:
Man City $2.60....100/2.6= 38.46%
Everton $3.70......100/3.7= 27%
Draw $3.60..........100/3.6= 27.77%

grizzle

13th May 2014 01:15 PM

There you go Benny
Easy for the experts

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