[eternalnewbie]

-124 means that:

x(100)-[(1-x)(124)]= 0
100x-(124-124x)=0
224x=124
x=.55357

So, this means that this is a good buy if you think the Braves will win this game about 55% of the time?

Also - this is my big question - do I have to add any other transaction costs into my calculations (e.g. if I am using pinnacle) or can I stop there.

Using, the same math, the probability of the Reds winning is about 46%. Should this always be adding up to about 100% (I tried this once before on another game and thought that for that game it added up to about 90% - I assumed that extra 10% was how the book was making its money).

Thanks in advance for your comments.