calculateTheoreticalHold: Calculates the theoretical hold
In pwu97/bettingtools: Betting Tools
Description
Usage
Arguments
Value
Examples
View source: R/betting_tools.R
Description
Returns the theoretical hold for a two-outcome line set. This corresponds
to the profit a sportsbook would expect to make were a player to bet on either side
of an event with all else being equal.
Usage
1
calculateTheoreticalHold(pair, precision = 4)
Arguments
pair
A vector representing the pair of outcomes in American odds format
precision
A numerical value representing the precision. The default precision
is set to 4 digits.
Value
A numerical value representing the theoretical hold.
Examples
1
2
3
4
5
calculateTheoreticalHold(c(-110, -110))
calculateTheoreticalHold(c(-1500, 875))
calculateTheoreticalHold(c(-1500, 875), precision = 7)
pwu97/bettingtools documentation built on May 27, 2020, 11:45 p.m.
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Description Usage Arguments Value Examples
View source: R/betting_tools.R
Description
Returns the theoretical hold for a two-outcome line set. This corresponds to the profit a sportsbook would expect to make were a player to bet on either side of an event with all else being equal.
Usage
1 | calculateTheoreticalHold(pair, precision = 4)
|
Arguments
pair |
A vector representing the pair of outcomes in American odds format |
precision |
A numerical value representing the precision. The default precision is set to 4 digits. |
Value
A numerical value representing the theoretical hold.
Examples
1 2 3 4 5 | calculateTheoreticalHold(c(-110, -110))
calculateTheoreticalHold(c(-1500, 875))
calculateTheoreticalHold(c(-1500, 875), precision = 7)
|
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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