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New on CTAN: oddsmath

Datum: 2. Oktober 2026 07:28:31 MESZ
Edward Glush submitted the oddsmath package. Version: 1.0 License: lppl1.3c Summary description: Odds conversion and implied-probability macros for wagering-market documents Announcement text:
New package oddsmath v1.0: expandable macros for wagering-market documents - odds format conversion (decimal/American/fractional), implied probabilities, de-margined fair probabilities and overround for two- and three-way markets, expected value and Kelly fractions. Built on xfp so every macro yields a plain number usable in tables.
This package is located at https://mirrors.ctan.org/macros/latex/contrib/oddsmath More information is at https://ctan.org/pkg/oddsmath
Thanks for the upload. For the CTAN Team Manfred Lotz CTAN is run entirely by volunteers and supported by TeX user groups. Please join a user group or donate to one, see https://ctan.org/lugs .

Oddsmath – Odds conversion and implied-probability macros for wagering-market documents

Expandable macros (xfp-based) for documents about wagering markets: convert between decimal, American and fractional odds; compute implied probabilities; remove the bookmaker's margin (overround) to obtain fair probabilities in two- and three-way markets; and calculate expected value and Kelly stake fractions. Written for teaching materials and working papers on market calibration.

PaketOddsmath
Version1.0
Copyright2026 Edward Glush, Bet Better Pty Ltd
BetreuerEdward Glush

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