Lesson #4 taught the standard way to strip vig from sportsbook odds — proportional devigging. It works on most markets. It doesn't work on all of them. This lesson is the longer story: three devigging methods, when each is right, and the one you should default to.
Every devigging method does the same job: takes the implied probabilities from a vigged market and converts them into a fair-probability estimate that sums to 100%. They differ in how they remove the vig.
The Sharp App is a comprehensive sports betting information app that offers users a range of tools, models, content, expert picks, props, bet tracking…
In sports betting, as in other areas of statistical analysis, there are two main approaches to estimating the probability of an event occurring: the…
This lesson from the Sharp Academy Statsational discusses what Pythagorean Win Expectation is, how to calculate it, and how to implement it in your…
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