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A Streamlit app to calculate potential profits and losses from arbitrage betting. Input American odds and wagers for two teams. The app computes potential profits, bookmaker margins, and checks for arbitrage opportunities. Ideal for optimizing sports betting strategies. Easy-to-use interface.

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Arbitrage Betting Calculator

A Streamlit app to calculate potential profits and losses from arbitrage betting. Input American odds and wagers for two teams. The app computes potential profits, bookmaker margins, and checks for arbitrage opportunities. Ideal for optimizing sports betting strategies. Easy-to-use interface.

Features

  • Input American odds and wager amounts for two teams
  • Calculate potential profit/loss for each outcome
  • Determine bookmaker's profit margin
  • Identify arbitrage opportunities
  • User-friendly interface with streamlined input and output sections

Installation

  1. Clone the repository:
    git clone https://github.com/yourusername/arbitrage-betting-calculator.git
    cd arbitrage-betting-calculator
    
  2. Install the required dependencies:: Ensure you have Python installed. It's recommended to use a virtual environment.
    pip install streamlit
    
  3. Run the Streamlit app::
    streamlit run arbitrage.py
    
  4. View the app: The app will open in your default web browser. Now enter your data and find out whether an arbitrage exists or not, and how much can you expect to win/lose based on your wager and odds.

About

A Streamlit app to calculate potential profits and losses from arbitrage betting. Input American odds and wagers for two teams. The app computes potential profits, bookmaker margins, and checks for arbitrage opportunities. Ideal for optimizing sports betting strategies. Easy-to-use interface.

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