To find out, we compared
the implied probabilities from BetOnline's latest odds to the probabilities generated by FiveThirtyEight's College Football Predictions.
When we subtract
the implied probability from the Westgate from our «true» probability, the result is a 21.01 % edge on the under.
I guess his odds have improved a little... and by a little, I mean a swing in
implied probability from 0.99 % to 40 %.
For the probability of a Conservative majority we give an average of
the implied probability from sites offering this market.
Not exact matches
As a result, the
implied probability of 4 (or greater) rate hikes in 2016 (as predicted by the dot plot) dropped
from 4.7 % on Wednesday to under 1 % on Friday.
Weigel also confuses ecclesiological categories (what makes the Church) with eschatological categories (who is saved), misusing a text
from St. Augustine to
imply that we can now, with some
probability, of living persons know who is «wheat» and who is «weed.»
In terms of
implied probability, that translates to a change
from 41.15 % to 44.05 %.
Since May, the
implied probability that Brogdon will win has improved
from roughly 44 % to 85 %.
That means their
implied probability moved
from 21.74 % to 28.57 %.
A steam move triggered by Pinnacle on the Marlins at +112 caused the Giants to immediately move
from -121 to -107, over a 3 % swing in
implied probability.
Although books still aren't sold on them as one of the top World Series contenders (
implied probability goes
from 9.1 % to 10 %), they do expect the addition of Quintana to help them topple the mighty Brewers and win the NL Central.
If the Angels are -120 and move to -110 when Trout is missing
from the lineup, their
implied probability of winning only moves about two percent:
from 54.5 % to 52.4 %.
Their
implied probability of winning the division has improved nearly 10 %,
from 54.6 % to 63 %.
Antetokounmpo has moved
from +1000 to +250 in this short stretch — close to a 20 % spike in
implied probability.
With their overtime win over Tampa Bay, the Packers improved
from +20000 to +4000 to win the Super Bowl, an
implied probability increase of 0.5 % to 2.44 %.
Their odds jumped
from 12/1 to 7/1, nearly a 5 % swing in
implied probability, while the Packers fell
from 7/1 to 10/1, a 3.5 % drop.
Converted into
implied probabilities, New York's odds of winning the title improved
from 1 % to 1.79 %.
After accounting for the juice, their
implied probability of winning the division improved
from 54.49 % to 64.63 %.
Below we have compared the
implied probabilities (bookmakers» opening odds) to
probabilities from FiveThirtyEight:
Gurley's second consecutive huge game improved his odds
from 20/1 to 2/1, nearly a 30 % jump in
implied probability.
The table below compares the current championship odds and
implied probabilities at the Westgate Las Vegas Superbook with the latest
probabilities from our bracket simulator in order to find undervalued teams.
Bell's odds have jumped
from 12/1 to 6/1, marking the biggest swing in
implied probability.
The table below displays the current Super Bowl odds and
implied probability (IP)
from ten prominent offshore sportsbooks.
The C's have also closed the gap in the East, going
from +250 to +175 to win the conference (7.79 % increase in
implied probability).
Though nobody besides the Warriors and Cavs really has a decent chance at winning the title, Boston's
implied probability fell
from 7.69 % to 4.58 % within a week after the season began... not good.
This translates to an
implied probability increase
from 33 % to 44 %.
After being blown out at home by the Rams, the Hawks fell
from 18/1 to 60/1, an
implied probability change of 5.3 % to 1.6 %.
Perhaps the biggest loser of the bunch is Louisville, who has slipped
from 15/1 to 40/1 (~ 4 % drop in
implied probability) following the Rick Pitino scandal and subsequent firing.
Not only have we listed our
probabilities, we've also converted 5Dimes» College Basketball Futures to
implied probabilities to separate the pretenders
from contenders.
In the table below, you will find the odds
from three different sportsbooks with the accompanying
implied probabilities (IP).
By converting the latest odds
from 5Dimes and The Greek into an
implied probability, I was able to pinpoint several potential value plays.
The table below uses the current NCAAB Championship Futures
from 5Dimes to produce an
implied probability of winning the title.
Our research reveals that although Kentucky's
probability to win the title moved
from 34.6 % to 38.5 %, the value is still on taking the field at -120 That's because -120 equates with an
implied probability of 54.55 % which is still slightly lower than 61.5 % chance we give the field of winning the title.
It's worth noting that we used closing lines
from Pinnacle and that our
implied odds account for juice, meaning that the actual
probability for all of these figures would be slightly higher.
In other words, the
implied probability of Carey butchering a challenge has dropped
from 58.33 % to 47.62 %.
The drop
from +275 to +400 represents a -6.67 % swing in
implied probability.
Since the initial analysis was published, Florida's odds of winning the national championship have improved
from +4000 to +2200 at 5Dimes, which means their
implied probability improved
from 2.44 % to 4.35 %.
By converting the moneylines
from oddsmakers to the
implied probabilities to win, we used our Bracket Simulator to...
The table below compares the
implied probabilities at 5Dimes and The Greek with the
probabilities from our bracket simulator.
After their home loss to the Rams, the Cowboys» odds have dropped
from 8/1 to 16/1, a -5.23 % swing in
implied probability — even worse than the Raiders movement.
At Bookmaker, their Super Bowl odds went
from 7/1 (12.5 %
implied probability) to 25/1 (3.85 % IP).
This swing corresponds with an
implied probability shift
from 2.44 % to 20 %, tops in the league.
Their 33 - 0 victory over the Cardinals moved them
from 40/1 to 18/1 — an
implied probability increase of nearly 3 %.
Following their thrilling win over Penn State, Ohio State has jumped
from +600 to +350, making them the second most likely team (22.2 %
implied probability) to win the title.
The move
from +175 to -130 represents about a 20 % increase in
implied probability... not too shabby.
Now they're at +21000, meaning their
implied probability has improved slightly
from 0.40 % to 0.47 %.
Based on «true» odds, that are the
implied probability when you remove the juice
from the betting lines, Kansas» chance of cutting down the nets has improved the most.
The laws of independent
probability imply that there is a 1 in 4 million chance that all of your maternal or paternal chromosomes could come
from just one grandparent!
To summarize his argument, the rational for seeking low volatility dividends stocks is that «Volatility is considerably persistent through time, and the
implied volatility
from options prices is a key signal for determining the
probability of corporate distress.The higher the
implied volatility, the higher the
probability of distress.
You need to understand the
implied probability (the true odds of an event occurring)
from the binary price.