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Probability of Winning Conversion to Odds (American Odds)

Source: R/implied_odds.R
implied_odds.Rd

This function provides the fair odds for a given win probability for a given bet.

Usage

implied_odds(prob, type = "us")

Arguments

prob

Probability of winning a bet

type

Type of odds. Possible values are:

  • all, All types

  • us, American Odds

  • dec, Decimal Odds

  • frac, Fractional Odds

Value

odds American Odds of that bet

Examples

implied_odds(0.4)
#> [1] 150
implied_odds(0.5238095, type = "all")
#>    Decimal American Fraction Implied.Probability
#> 1 1.909091     -110    10/11           0.5238095
implied_odds(c(0.3, 0.2, 0.909, 0.7143), type = "dec")
#> [1] 3.333333 5.000000 1.100110 1.399972
implied_odds(c(0.3, 0.2, 0.95, 0.7), type = "frac")
#> [1]  7/3    4 1/19  3/7