Guides

Working with basketball odds data, with code and real numbers.

• How to Remove the Bookmaker Margin from Odds

  Turn bookmaker odds into fair probabilities: the proportional and power methods, worked examples and Python code.

• Closing Line Value: What It Is and How to Measure It

  Why the closing price is the benchmark for any betting model, and how to measure CLV from odds history.

• How Much Do Basketball Odds Differ Between Bookmakers?

  Margins and price gaps across bookmakers, from NBA to minor leagues, measured on live odds.