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This function calculates the fair odds for a bet.

Usage

fair_odds(line = -110, odds = c(-110, -110), type = "us")

Arguments

line

Line for the specific bet (-115)

odds

Vector with all lines for a wager (-115, -105)

type

Type of odds. Possible values are:

  • us, American Odds

  • dec, Decimal Odds

  • frac, Fractional Odds

Value

True Expected probability of bet

Examples

fair_odds(1.8, c(1.8, 2.1), type = "dec")
#> [1] 1.857143
fair_odds(-115, c(-115, -105))
#> [1] -104
fair_odds(258, c(285, -122, 258))
#> [1] 290
fair_odds(line = -100, odds = c(-100, -120))
#> [1] 109