AVG Line (zero-margin)
AVG Line (zero-margin)
We combine different sportsbook odds by assigning different weights to each sport.
Our teams leverage the average line data to search for valuebets and identify arbs’ values.
Margin removal algorithm
We calculate p1_avg and p2_avg from the system of equations:
(p1_avg - 1) / (p1 - 1) = (p2_avg - 1) / (p2 - 1)
1/p1 + 1/p2 = 1/(1 - M)
Where M is the margin of a bookie.
And p1 and p2 are the prices of each outcome in a 2-way market.
How can you benefit from using AVG Line Odds Feed:
- Use it as a diagnostic tool to find overvalued odds in your own line.
- Use it together with Arbs API to see what the odds should be to eliminate the arbitrage situation.
- Use it in combination with other reference bookies when defining your trading strategy and creating your own line. Looking for specific bookmakers’ odds? See this page.
Willing to create your own AVG Line from our data? Click here.