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Knowledge Base

Everything you need to understand PropJuice, our AI models, and how to use them effectively.

Key Terms

Edge

The mathematical advantage a bet offers based on the difference between model probability and implied odds. A positive edge indicates expected profitability if the bet were made repeatedly. For example, if a model estimates a 60% win probability but the line implies 50% (even odds), the edge is approximately 10%.

+EV (Positive Expected Value)

A bet with positive expected value has a higher probability of winning than the odds imply. Over many bets, +EV wagers should produce profit even if any individual bet may lose. A +EV pick at +200 odds (33% implied probability) might have a model probability of 40%—meaning you lose more often than you win, but the payouts when you win more than compensate.

Ensemble Model

A prediction system that combines multiple independent models to produce a consensus output. By aggregating different algorithms, training approaches, and feature sets, ensembles typically outperform any single model. PropJuice uses 30+ models in its ensemble.

Component Model

An individual model that contributes to an ensemble. Each component brings different strengths—some excel at certain game types, bet types, or conditions. Component performance is tracked individually to weight their contributions appropriately.

Projection

A model's predicted value for a game outcome or player statistic. Projections may be point estimates (Player X will score 24 points) or probability distributions (60% chance of covering the spread). Most useful when compared against betting lines to identify edge.

RMSE (Root Mean Squared Error)

A measure of prediction accuracy that calculates the average magnitude of errors. Lower RMSE indicates better predictions. RMSE penalizes large errors more heavily than small ones, making it useful for evaluating point projections.

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