ODDSPIRA v1.4

How Oddspira Calculates Results

Oddspira turns user-entered odds, probabilities and expected-goals estimates into transparent mathematical outputs. It does not predict certain outcomes and it does not have access to bookmaker systems or private information.

Last reviewed: 10 July 2026Calculation version: 1.4

Odds & Value

Formula

Implied probability = 1 ÷ decimal odds. Fair odds = 1 ÷ estimated probability. EV = probability × odds − 1.

Important assumptions

The probability entered by the user is independent and reasonably calibrated.

Limitations

A positive result depends completely on the quality of the probability estimate.

Poisson football model

Formula

P(k goals) = e^(−λ) × λ^k ÷ k!. Score probabilities are combined into 1X2, totals and BTTS markets.

Important assumptions

Scoring rates are constant and home and away goal counts are treated as independent.

Limitations

Line-ups, red cards, tactics, game state and score correlation are not modelled automatically.

Bankroll & staking

Formula

Fixed percentage, flat stake and fractional Kelly calculations are compared under losing-streak scenarios.

Important assumptions

The bankroll is separate from essential money and entered probabilities are not overstated.

Limitations

No staking method can turn a negative-value strategy into a profitable one.

Accumulator & systems

Formula

Independent probabilities and decimal odds are multiplied. System bets enumerate all relevant combinations.

Important assumptions

Selections are treated as independent unless the user accounts for correlation.

Limitations

Same-match and related selections can make simple multiplication misleading.

No-Vig

Formula

Raw implied probabilities are divided by their total so the normalized market sums to 100%.

Important assumptions

The complete set of mutually exclusive outcomes has been entered.

Limitations

Proportional normalization may not reflect uneven margin distribution.

Dutching

Formula

Target return = total stake ÷ Σ(1 ÷ odds). Each stake = target return ÷ outcome odds.

Important assumptions

Covered outcomes and settlement rules are compatible.

Limitations

Rounding, commission, stake limits and price movement can change real returns.

Bet Tracker

Formula

ROI = net profit ÷ settled stake. Drawdown is measured from the historical bankroll peak.

Important assumptions

Every bet, including losses, is recorded consistently.

Limitations

Short samples can be dominated by variance and do not prove a strategy.

Limitations

Oddspira turns user-entered odds, probabilities and expected-goals estimates into transparent mathematical outputs. It does not predict certain outcomes and it does not have access to bookmaker systems or private information.