Excel LADZ
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Calculating Simple Betting Odds | 2023 MLB Model
🕑 Added 2023-07-16 05:14:09 +0000 UTCG'day lads, the file attached attached is just the Excel LADZ 2023 MLB Model, with a worksheet added named 'Sports Betting'. It includes three simple calculations: money line, over/under total runs and the run line. They are really simple calculations, and you can take a look at them below ๐
Comments
Tan vo
Awesome! looking forward to the update! Thanks!
Excel LADZ
G'day Tan, welcome ๐ฅ Definitely. In fact, I'm looking to make this update tomorrow or the day after. Apologies if it's an inconvenience.
Tan vo
Any update for 2024 season?
Carlos Torres
Hey lad ... !!! Any updates yet for the 2024 season?
Excel LADZ
Hi lad, sure will ๐ฅ I'll just need to update the Power Query in the model. The Power Query is what connects the file to the MLB Stats from the Baseball Reference website. All I need to do is change the 2023 link to the 2024 one ๐ I'll make a post when this goes up lad (at the beginning of the season).๐
Alex Alvarado
Will this work for the upcoming season?
Excel LADZ
G'day lad, not as of yet. The probability distribution (which effectively serves as the "predictor") in the model was from the research paper below, which you can take a look at: https://legacy.baseballprospectus.com/images/analytica/rpi_model.pdf
Jordan Bishop
have you backtested this to see how close to right it is?
