betting odds (Scripts) Publisher's description
from a k
The function takes in n money line odds
The function takes in n money line odds. For example a soccer match, +100 for an underdog win, -125 for the favored team to win, and +220 for a draw. The function calculates the percentage of your bet that should go to each outcome in order to minimize your loss no matter what event actually occurs.
I'm mainly curious if I coded it correctly, so I would really like some input. I am convinced that for n=2 it works, but I'm not sure about highr n's.
System Requirements:MATLAB 7.0.1 (R14SP1)
Program Release Status: Major Update
Program Install Support: Install and Uninstall