Sportsbook's Over Round Percentage

This function calculates the extra implied probability from each line of the bet. House Edge or Over Round.

Usage

over_round(...)

Arguments

...

Lines for a given bet (-115, -105)

Value

Bet's Over Round percent

Examples

over_round(-110, -110)
#> [1] 0.04761905
over_round(-125, -125)
#> [1] 0.1111111
over_round(285, -122, 258)
#> [1] 0.08861942