espread: Estimate spread

In shearwavesplitter/GamblR: Gambling with R

Description

Estimate the effective odds for a different points spread

Usage

espread(mlodds, spreadodds, oldspread = c(-3, 3), newspread = c(-3.5, 3.5),
  oddstype1 = default.GamblR.odds(), oddstype2 = default.GamblR.odds())

Arguments

mlodds	Moneyline odds (vector of length two)
spreadodds	Odds for the original spread (vector of length two)
oldspread	The original points spread
newspread	The 'new' spread to convert to
oddstype1	Format of original odds (e.g. decimal, see Convert odds)
oddstype2	Format of output odds (e.g. decimal, see Convert odds)

Details

Extrapolates what the effective odds for a new point spread would be based on the original spread and the money line odds. Useful for deciding if a tip is worth tailing when your book has a different spread.

Value

A list containing containing the new effective odds and new points spread.

shearwavesplitter/GamblR documentation built on May 30, 2019, 8:27 a.m.