Sharkbetting's getDelta (exchange-baseline). Plug the numbers straight into the formula from Section 3:
((2.10 - 1) / (1.95 - 1)) * 100 = 115.79
A rating of 115.79 is a strong value signal. The bookmaker is offering an outcome at roughly 15.8 percent better than the price liquid Betfair money is matching at.
Consensus-baseline. Swap the exchange price for the 2.06 bookmaker consensus and the same formula yields:
((2.10 - 1) / (2.06 - 1)) * 100 = 107.84
Same outcome, materially weaker rating. A 107.84 reading reads as a moderate edge that many bettors would skip after factoring in commission, variance, and bookmaker limit risk.
Why the gap matters here. Betfair at 80,000 GBP of matched liquidity represents real money positioned by sharp participants in a market that clears continuously. The 2.06 consensus averages eight bookmaker books that may all be pricing off the same upstream model, so the consensus is closer to a single opinion expressed eight ways than to eight independent reads. When exchange volume is high, the exchange price is the sharper anchor and exchange-baseline finds value the consensus quietly hides.
Takeaway: in high-liquidity EU markets, exchange-baseline finds value that consensus-baseline misses.