True/Fair Odds Converter
for Microsoft Excel
simple spreadsheet to take out the bookie’s margin from the average
bookmaker odds and tell you what the ‘true/fair odds’ should be (no
margin) according to these odds.
E.G. Below, the average odds for the home team is 2.54 – I have entered this into the yellow cell. This has been converted to 2.68 by removing the bookie’s margin from the full 1X2 (Home/Draw/Away) market. I can also see that the ‘true/fair chance’ according to this formula is 37.32% for the home team to win.
Can be used on laptop/computer, tablet or iPhone
This spreadsheet should help improve your betting.
This item will be emailed to you (most likely within a few hours) as soon as I see your email/payment.
Any questions, don’t hesitate to ask. You can send me a message through eBay.
Some feedback from my oddscompilers/systems:
item is protected under UK Copyright Law as it was created by myself.
Please do not attempt to copy or redistribute this work in part or full.
Copyright © 2017 Philip Lyons. All Rights Reserved