get_arb_single: Find arbitrage opportunity information for an...

In aRbs: Find Arbitrage Opportunities for Sports Matches

Description

Find (among other information) the implied total probability of all listed outcomes, Pr(Omega), and if an arb is available, the best bookie combination to exploit the arb.

Usage

get_arb_single(event, full = FALSE, print_urls = FALSE, in_play = TRUE)

Arguments

event	A www.oddschecker.com event URL, given as a string. This will be of the form: "https://www.oddschecker.com/football/english/championship/bournemouth-v-reading/winner"
full	A logical indicating whether or not the best bookie choices should still be returned for the event, even if there is no arb available.
print_urls	Logical. Should the URL of the event(s) be printed to the console while searching for arbitrage opportunities?
in_play	Logical. Should in-play arbitrage opportunities (arbs) also be returned?

Details

This function assumes that the listed outcomes are the only ones that are possible. Sometimes bookies may not offer odds on a realistic outcome, often if they feel like it is extremely likely to happen and therefore would offer next to no returns for any punter. This may mean that an outcome isn't listed and thus the function assumes it isn't possible. Therefore, the results of this function may be incorrect and assume a huge arbs is possible, when it isn't. It is therefore required that the user check the given outcomes given in the results, to ensure they form a complete set. Often, this is obvious however, as they are simply win, draw or lose.

aRbs documentation built on April 24, 2021, 5:08 p.m.