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A series of useful functions in betting.

Project description

odds-helpers

Functions

Function Parameters Aliases Description
moneyline_to_prob ml, places=2 to_p, to_prob, ml_to_p, ml_to_prob Converts a moneyline to implied probability
prob_to_moneyline prob to_ml, p_to_ml, prob_to_ml Converts a probability to moneyline format
remove_vig prob1, prob2 no_vig Removes the vig from two probabilities, returning fair odds
total_juice ml1, ml2 juice Calculates the total juice/vig from two moneylines
payout price, wager profit Calculates the payout for a given price and wager amount
base_to_risk ml, base_amt Converts a base amount to risk amount based on moneyline
ml_to_fractional ml Converts moneyline to fractional odds
get_ev ml, est_prob, unit=1, verbose=True Calculates expected value given moneyline and estimated probability
get_kelly p, ml, verbose=True Calculates Kelly criterion bet fraction

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