Bookmaker's odds Equal margin (no bias) Margin proportional to odds

Home Away Margin Home Away Home Away

1.28 4.02 3.00% 1.318 4.141 1.305 4.278
1.22 4.8 2.80% 1.254 4.934 1.241 5.146
1.22 4.74 3.06% 1.257 4.885 1.243 5.111
5.47 1.18 3.03% 5.636 1.216 5.964 1.201
3.09 1.42 2.78% 3.176 1.460 3.229 1.449
8.95 1.09 2.92% 9.211 1.122 10.293 1.108
1.22 4.74 3.06% 1.257 4.885 1.243 5.111
3.34 1.37 2.93% 3.438 1.410 3.512 1.398
2.4 1.63 3.02% 2.472 1.679 2.490 1.671
2.1 1.81 2.87% 2.160 1.862 2.165 1.858
 Odds Ratio Logarithmic function
Home Away Home Away
1.304 4.284 1.298 4.353
1.241 5.156 1.234 5.266 Popluate columns A and
1.243 5.123 1.236 5.241 C with the bookmaker's
5.983 1.201 6.161 1.194 home and away odds
3.231 1.448 3.256 1.443 and the spreadsheet
10.399 1.106 11.081 1.099 will automatically
1.243 5.123 1.236 5.241 calculate the 'true' odds
for the four margin
3.515 1.398 3.551 1.392
models. It will handle
2.491 1.671 2.499 1.667 up to 1,000 rows of
2.165 1.858 2.168 1.856 odds.