One of the statistics you can use when betting on basketball is Player Efficiency Rating or PER. It evaluates the player’s performance to date. Thus, here’s an advanced basketball betting guide on how to calculate Player Efficiency Rating.
Basketball sports news analyst John Hollinger created PER. The Memphis Grizzlies employed him because of his advanced stats knowledge in the NBA. Also, he started PER as a way to compare players’ production.
Standard basketball stats can be misleading. For example, a player has an average score of 25 points each game. However, he is weak on defense. PER considers both positive and negative contributions of the player to come up with a per-minute rating of his performance on both offense and defense.
How to Calculate Player Efficiency Rating
The Player Efficiency Rating considers 12 different statistics for the player. However, according to sports betting odds experts, they weigh stats differently. Thus, field goals are more valuable than defensive rebounds.
According to online gambling sources, some stats used to calculate PER include steals, field goals, and three-points made. Negative stats are turnovers, fouls, and missed free throws. Also, the stat creator placed more weight on stats that he feels are more vital. In addition, he put less weight on stats that are less of a factor in the player’s performance.
Many professional handicappers consider PER as the most accurate stat. Also, Hollinger’s formula is now being used as a standard in the NBA to calculate PER. He also considers the team’s pace and sets the league average PER to 15 every season as a way to standardize the stat.
The good news is that you don’t need to calculate PER. Instead, you can find every player’s PER online. Also, keep in mind that each media outlet uses a different formula and adjustments when coming up with their PER values.