(05-17-2021, 09:59 AM)Kammrath Wrote: I would give the Mavs maybe a 20% chance to win the series at best ....
If the probability that the Clippers will win the series is greater than 78.261%, then [Clippers at -360] is a good bet (i.e., +EV).
If the probability that the Clippers will win the series is less than 78.261%, then [Clippers at -360] is a bad bet (i.e., -EV).
78.261% is the break-even point for a bet on the Clippers at -360.
If the probability that the Mavs will win the series is greater than 27.027%, then [Mavs at +270] is a good bet (i.e., +EV).
If the probability that the Mavs will win the series is less than 27.027%, then [Mavs at +270] is a bad bet (i.e., -EV).
27.027% is the break-even point for a bet on the Mavs at +270.