Have you ever asked the question, what are the odds of that?
Well now you can know by using the tissue price tool at Winners Odds.
I often find it a lot easier to think of a horses chances of winning a race in terms of a percentage as a pose to odds.
But when it comes to placing a bet, I need to know how the percentage chance of a horse winning translates into odds, so I can know if I am going to be taking value by betting on that horse.
In the case of horses that have a 50% chance of winning a race, the horses odds should obviously be even money. But not all percentages are as easy to translate into decimal odds off the top of your head.
So I put together a little spreadsheet that takes care of all of the calculations.
I use it a lot in my own betting, and you may find it useful too.
Here’s the link to the tool:
http://winnersodds.com/tissue-price-tool/
It’s a useful little tool for helping to pricing up races.
But remember , the tool only as good as you are.
Until next time,
Kenny Turnbull
