eML_emp: Calculate the expected value of wagering on either team's...

In przybylee/NFLpredictions: A package for predicting the outcomes of NFL games

Calculate the expected value of wagering on either team's moneyline using the empircal distribution.

Description

Calculate the expected value of wagering on either team's moneyline using the empircal distribution.

Usage

eML_emp(
  design,
  home,
  away,
  wager = 1,
  hBL = -110,
  aBL = -110,
  home_effect = TRUE
)

Arguments

design	List of season data as produced by get_design(), contains design matrix X, scores Y_diff, and a list of teams
home	Name of the home team, could be a substring
away	Name of the away team, could be a substring
wager	Amount of money being wagered in dollars
hBL	The home team's moneyline given as American
aBL	The away team's moneyline given as American
home_effect	Logical, indicates if there is home field advantage

Value

A data frame indicating the the expected values from wagering on each team's moneyline based on the empircal distribution.

Examples

design <- get_design(regssn2021)
eML_emp(design, "Rams", "Bengals", wager = 100, hBL = -155, aBL = 185)

przybylee/NFLpredictions documentation built on Feb. 9, 2025, 9:22 p.m.