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Build the book, add the vig to fair probabilities

De-vigging runs quotes to probabilities. Now run it the other way. Your model says the true probabilities are 70%70\% for the favorite and 30%30\% for the underdog, and you want to build in a 4%4\% margin.

What decimal odds should you post on each side?

Show a hint

De-vigging divides by the overround to remove margin. To add margin, multiply by it, then take reciprocals.

Your answer

This one is open-ended. Work it through, then check your reasoning against the full solution.

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