Model Train arc 1 (engine): de-vig + EV + takeable/value gates + hero v2 + triplet

Steps 1-6 — make "real opportunities at takeable prices" the engine, not a filter.

1. DE-VIG (src/utils/devig.js): two-way multiplicative de-vig strips the vig and
   returns fair prob + fair price per side + the overround. One side missing →
   fair UNAVAILABLE (null), never faked. Method noted in code + the `devig_method`
   field.
2. EV (devig.evPct): ev_pct = model prob × decimal − 1 at the graded side's
   ACTUAL price. This is the ranking signal now, replacing raw |model−consensus|.
3. TAKEABLE gate (src/config/valueEngine.js, TAKEABLE_ODDS_CEILING −160 .. +200,
   env-tunable): promoted surfaces only (hero/featured/alerts). The full board
   still shows everything; Parlay Lab exempt; JUICE_ODDS_FLOOR (−400) stays the
   absolute backstop underneath. Strict null-guard (Number(null)===0 would have
   made a missing price "takeable").
4. VALUE flag: passes BOTH gates (takeable AND ev_pct ≥ VALUE_EV_THRESHOLD).
   Grade = read quality; value = the price pays you. Shipped in payloads.
5. HERO v2 (heroPropService): highest ev_pct among takeable A/B reads — a huge
   gap on a −900 line is trivia, not an opportunity.
6. VALUE TRIPLET: book_odds · fair_odds · model_odds on every read (snapshot,
   hero, scan — they all spread the grade). Handoff documents the fields; the
   rendering is Session-2 Design's job.

All wired in analyzeViaEngine1's existing p_win/kelly block (real quantile
probability × real book odds, or nothing). 33 new tests; suite 276/3306 green.

Co-Authored-By: Claude Opus 4.8 (1M context) <noreply@anthropic.com>
This commit is contained in:
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'use strict';
/**
* De-vig engine (Model Train, step 1) — the foundation for EV + value.
*
* A two-sided prop price carries the book's vig (the "overround"): the two
* sides' implied probabilities sum to MORE than 1. De-vigging strips that back
* out to FAIR probabilities that sum to 1, and converts them back to a fair
* (vig-free) price per side.
*
* METHOD: multiplicative / proportional de-vig — each side's implied prob is
* divided by the total. It's the standard, distribution-free two-way method
* (a.k.a. "normalized implied probability"). Simple, transparent, and correct
* for two-way markets; we note it in the stored `method` field.
*
* If only one side is priced, fair values are UNAVAILABLE (null) — never faked.
*/
const round3 = (n) => Math.round(n * 1000) / 1000;
/** American odds → implied probability (WITH the vig). Null on bad input. */
function americanToImpliedProb(american) {
const a = Number(american);
if (!Number.isFinite(a) || a === 0) return null;
return a > 0 ? 100 / (a + 100) : (-a) / ((-a) + 100);
}
/** American odds → decimal odds (total return multiple incl. stake). */
function americanToDecimal(american) {
const a = Number(american);
if (!Number.isFinite(a) || a === 0) return null;
return a > 0 ? 1 + a / 100 : 1 + 100 / (-a);
}
/** Probability → fair American odds. Null outside (0,1). */
function impliedProbToAmerican(p) {
if (!Number.isFinite(p) || p <= 0 || p >= 1) return null;
// Even money (50%) is +100 by convention → favorites (p > .5) go negative.
return p > 0.5 ? -Math.round((p / (1 - p)) * 100) : Math.round(((1 - p) / p) * 100);
}
/**
* Two-way de-vig. Given BOTH sides' American odds, return fair prob + fair price
* per side plus the overround. Null when a side's odds are missing/invalid —
* the caller marks fair as unavailable rather than inventing it.
*/
function devigTwoWay(overOdds, underOdds) {
const po = americanToImpliedProb(overOdds);
const pu = americanToImpliedProb(underOdds);
if (po == null || pu == null) return null;
const sum = po + pu; // > 1 by the vig
if (!(sum > 0)) return null;
const fairOver = po / sum;
const fairUnder = pu / sum;
return {
method: 'multiplicative',
overround: round3(sum - 1),
over: { fair_prob: round3(fairOver), fair_odds: impliedProbToAmerican(fairOver) },
under: { fair_prob: round3(fairUnder), fair_odds: impliedProbToAmerican(fairUnder) },
};
}
/**
* Expected value (%) of staking one unit on `american` when the model gives the
* side probability `modelProb`. EV per unit = p·decimal 1. Positive = the bet
* is +EV at the price you'd actually pay (the vig is already baked into the
* actual price, so this is the true "does it pay you" measure). Null on bad input.
*/
function evPct(modelProb, american) {
const dec = americanToDecimal(american);
if (!Number.isFinite(modelProb) || modelProb <= 0 || dec == null) return null;
return Math.round((modelProb * dec - 1) * 1000) / 10; // one decimal place
}
module.exports = {
americanToImpliedProb,
americanToDecimal,
impliedProbToAmerican,
devigTwoWay,
evPct,
};