implied (Q106016)
From MaRDI portal
Convert Between Bookmaker Odds and Probabilities
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | implied |
Convert Between Bookmaker Odds and Probabilities |
Statements
11 June 2023
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Convert between bookmaker odds and probabilities. Eight different algorithms are available, including basic normalization, Shin's method (Hyun Song Shin, (1992) <doi:10.2307/2234526>), and others.
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