implied.probability: Calculate implied probability from odds.

View source: R/odds.R

implied.probabilityR Documentation

Calculate implied probability from odds.

Description

Calculate implied probability from odds.

Usage

implied.probability(odds)

Arguments

odds

A vector of either fractional or decimal odds.

Details

Implied probability is the reciprocal of the decimal odds.

Decimcal odds of 2.0 are equivalent to an implied probability of 50


DataWookie/gambleR documentation built on Jan. 31, 2024, 3:15 a.m.