Poisson Distribution Calculator
Model event probabilities for totals markets using the Poisson distribution.
Inputs
Probabilities
Probability Distribution
How It Works
The Poisson distribution models the probability of a given number of events occurring in a fixed interval, given a known average rate. It is widely used in sports betting for totals markets (goals, runs, points).
The probability mass function is: P(X = k) = (e^(-λ) × λ^k) / k!, where λ is the expected average and k is the target value.
To avoid numerical overflow with large values, this calculator uses iterative computation: start with P(0) = e^(-λ), then P(k) = P(k-1) × λ / k.
Fair odds are derived by converting cumulative probabilities to American odds format. Compare these fair odds against the sportsbook's posted lines to find value.
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