SamSuka
Excel LADZ
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Calculating Simple Betting Odds | 2023 MLB Model

G'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 👍

Calculating Simple Betting Odds | 2023 MLB Model

Comments

Awesome! looking forward to the update! Thanks!

Tan vo

G'day Tan, welcome 🔥 Definitely. In fact, I'm looking to make this update tomorrow or the day after. Apologies if it's an inconvenience.

Excel LADZ

Any update for 2024 season?

Tan vo

Hey lad ... !!! Any updates yet for the 2024 season?

Carlos Torres

Hi lad, sure will 🔥 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 👍 I'll make a post when this goes up lad (at the beginning of the season).😃

Excel LADZ

Will this work for the upcoming season?

Alex Alvarado

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

Excel LADZ

have you backtested this to see how close to right it is?

Jordan Bishop


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