Book Percentage - anywhere?

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  • Burdett
    Junior Member
    • Sep 2012
    • 29

    #1

    Book Percentage - anywhere?

    Hello

    Is anyone familiar with where you could get the Book Percentage?

    I want to test a market odds for its competitiveness, before proceeding to place a wager. As the book fills, the odds near to 100%. Looking at distant horse races, yet to fill with competitive orders - its possible to see Book Percentages in their 1000's. You can field out poor odds by testing the odds themselves, but I thought better than this, is to overview the competitiveness of the book overall.

    Any assistance, much appreciated.

    David.
  • Franklin1
    Junior Member
    • Mar 2012
    • 91

    #2
    It's not given in the API, you need to calculate it yourself

    Comment

    • JayBee
      Junior Member
      • Oct 2010
      • 114

      #3
      For the Back overround sum the reciprocals of each entrant's back odds and multiply by 100.

      e.g.

      2.0 = 1/2 = 0.5
      3.0 = 1/3 = 0.333...
      5.0 = 1/5 = 0.2

      sum = 1.033

      % = 103.3%

      That and more in my book (endorsed by Betfair) - See link below


      Originally posted by Burdett View Post
      Hello

      Is anyone familiar with where you could get the Book Percentage?

      I want to test a market odds for its competitiveness, before proceeding to place a wager. As the book fills, the odds near to 100%. Looking at distant horse races, yet to fill with competitive orders - its possible to see Book Percentages in their 1000's. You can field out poor odds by testing the odds themselves, but I thought better than this, is to overview the competitiveness of the book overall.

      Any assistance, much appreciated.

      David.

      Comment

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