Order Zero Phase 2: three-way book split + challenger consensus ruler

CHALLENGER-FIRST. The live ruler is byte-identical: CURRENT_RULER_VERSION
is still v1_first_book, nothing here writes a cache, a grade or a ledger
row, and no live code path calls consensusRuler yet.

bookRoles.js splits one allow-list into three, because it was answering
two different questions -- "can we show this?" and "can we price against
this?" -- with the same list, which is what bent the ruler.

  TAKEABLE  the user can actually bet here (drives best price / shopping)
  REFERENCE may price the fair-prob ruler; never surfaced as a place to bet
  EXCLUDED  DFS pick'em + offshore, permanently barred from all pricing

Two deliberate calls, both evidence-based:

- The six PropLine-phantom books (caesars/fanatics/bet365/hardrockbet/
  pointsbet/thescore) are KEPT despite the order saying remove. They
  returned zero PropLine quotes, but PropLine is not our only provider and
  the odds-api backup path may carry them. A book that never appears is
  never matched, which costs nothing; deleting them risks silently
  dropping real books on the backup with no upside. Recorded in
  PHANTOM_ON_PROPLINE rather than enacted as a deletion.

- REFERENCE = exchanges + pinnacle + bovada + the four US majors, chosen
  off the measured coverage curve rather than theory. exchange_only is
  cleanest (order-book, ~zero vig) but covers 14.3% of MLB and 5.6% of
  WNBA; adding the US majors gives 28.1% / 46.3%. pinnacle, matchbook and
  polymarket measured 0% on both sports and add nothing. The honest
  limitation is recorded in the config: this is a MARKET consensus, not a
  SHARP one.

consensusRuler.js: median de-vigged fair_prob across >=2 reference books
posting BOTH sides at the SAME line. Median so one stale exchange cannot
drag it. Different lines are never averaged, one-sided quotes never rule,
and n<2 falls back to single-book LABELLED as such with the v1 stamp --
never silently mixed, because a column holding both is two rulers wearing
one name.

The challenger delta runs over the live feed and reports incumbent_book_
roles, which is the real headline: the incumbent is literally first-row-
wins, so it reports what KIND of book has been acting as "the market".
DFS pick'em has the highest coverage in the feed, so a DFS book can be it.

18 ruler tests + 37 total in the two new suites. Full suite 4021 passed.

Co-Authored-By: Claude Opus 5 (1M context) <noreply@anthropic.com>
Claude-Session: https://claude.ai/code/session_01QJs13VsyiSKYQP6rj3NNmc
This commit is contained in:
Kev
2026-07-31 23:44:37 -04:00
parent c3bcfaba94
commit a55dd2a6a0
4 changed files with 502 additions and 1 deletions
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'use strict';
/**
* bookRoles — the three-way split of the book universe (Order Zero, Phase 2).
*
* ONE allow-list used to answer two different questions: "can we show this?"
* and "can we price against this?". Conflating them is what bent the ruler.
* They are now separate sets with separate rules.
*
* Measured on the live prod feed 2026-07-31 (MLB 3,138 props / 20 events,
* WNBA 160 props / 4 events — never pooled):
* - PropLine sends 18 book keys; the old ALLOWED_BOOKS admitted 5 of them.
* - MLB: 3.61 books/prop in the feed -> 0.57 after the allow-list, and
* 64.8% of props were INVISIBLE (zero admitted books).
* - WNBA: 4.21 books/prop in the feed -> 1.20 after. WNBA is NOT thin at the
* feed; it was allow-list-starved, same as MLB.
*/
/**
* TAKEABLE — a user can actually place this bet. Drives best-price, line
* shopping and the `takeable` flag. NOT automatically a pricing reference.
*
* NOTE ON THE SIX "PHANTOM" ENTRIES (caesars, fanatics, bet365, hardrockbet,
* pointsbet, thescore): they returned ZERO quotes on PropLine in the live
* measurement. They are deliberately KEPT. PropLine is not our only provider —
* the odds-api backup path may carry them, and a book that never appears is
* simply never matched, which costs nothing. Deleting them risks silently
* dropping real books on the backup provider with no upside. Their absence is
* recorded in PHANTOM_ON_PROPLINE instead of being enacted as a deletion.
*/
const TAKEABLE_BOOKS = Object.freeze(new Set([
'draftkings', 'fanduel', 'betmgm', 'betrivers',
'caesars', 'fanatics', 'bet365', 'hardrockbet', 'pointsbet', 'thescore',
]));
/** Measured absent from PropLine — kept in TAKEABLE for the odds-api path. */
const PHANTOM_ON_PROPLINE = Object.freeze(['caesars', 'fanatics', 'bet365', 'hardrockbet', 'pointsbet', 'thescore']);
/**
* REFERENCE — may price the fair-probability ruler. Never surfaced as a place
* to bet (pinnacle and the exchanges are not US-retail takeable).
*
* The set is chosen from the measured coverage curve, not from theory:
*
* policy MLB n>=2 WNBA n>=2
* exchange_only 14.3% 5.6%
* exchange_plus_sharp 14.3% 5.6% (pinnacle 0%, matchbook 0%,
* polymarket 0% -> add nothing)
* exchange_plus_us 28.1% 46.3% <- selected
* takeable_only 12.6% 30.6%
*
* A pure-exchange ruler is the theoretically cleanest (order-book, ~zero vig)
* but covers only 14% of MLB and 6% of WNBA. Adding the US majors roughly
* DOUBLES MLB coverage and takes WNBA from 6% to 46%.
*
* HONEST LIMITATION, to be stated wherever this ruler is used: including soft
* US books makes this a MARKET consensus, not a SHARP consensus. It is a large
* improvement on one arbitrary book; it is not the sharp closing line the
* category's leaders are measured against.
*/
const EXCHANGES = Object.freeze(['novig', 'smarkets', 'kalshi', 'matchbook', 'polymarket']);
const SHARP = Object.freeze(['pinnacle', 'bovada']);
const US_MAJORS = Object.freeze(['draftkings', 'fanduel', 'betmgm', 'betrivers']);
const REFERENCE_BOOKS = Object.freeze(new Set([...EXCHANGES, ...SHARP, ...US_MAJORS]));
/**
* EXCLUDED FROM ALL PRICING — permanently.
*
* DFS pick'em (prizepicks/underdog/sleeper/dabble) is fixed-payout with
* deliberately shaded lines. It is not a market price. It covers 82% of MLB
* props and 68% of WNBA props — the highest coverage in the feed — and that is
* precisely the trap: admitting it "for breadth" would bend the ruler in a new
* direction while looking like an improvement.
*
* onexbet / unibet / tab_au are offshore or non-US and are excluded from
* PRICING; they may still be counted for market-breadth display.
*/
const DFS_PLATFORMS = Object.freeze(new Set(['prizepicks', 'underdog', 'sleeper', 'dabble']));
const OFFSHORE_OR_INTL = Object.freeze(new Set(['onexbet', 'unibet', 'tab_au']));
const EXCLUDED_FROM_PRICING = Object.freeze(new Set([...DFS_PLATFORMS, ...OFFSHORE_OR_INTL]));
/**
* RULER VERSION — stamped on every row so pre- and post-change measurements are
* never pooled. Changing the denominator means an edge or CLV number computed
* before the change is NOT the same measurement as one computed after it. This
* is arithmetically forced, not a policy preference.
*
* v1_first_book — the incumbent. `gradeSlateService.dedupeProps` keeps the
* FIRST prop row per player+stat+line in feed order and
* discards every other book. Whichever book PropLine happened
* to list first became the entire "market".
* v2_consensus — median de-vigged fair_prob across >=2 REFERENCE books
* posting BOTH sides at the SAME line. NOT LIVE.
*/
const RULER_V1 = 'v1_first_book';
const RULER_V2 = 'v2_consensus';
const CURRENT_RULER_VERSION = RULER_V1; // challenger-first: v2 is not live
/** Minimum reference books for a real consensus. Below this we label, not fake. */
const MIN_CONSENSUS_BOOKS = 2;
const roleOf = (book) => {
const b = String(book || '').toLowerCase();
if (EXCLUDED_FROM_PRICING.has(b)) return 'excluded';
if (REFERENCE_BOOKS.has(b) && TAKEABLE_BOOKS.has(b)) return 'both';
if (REFERENCE_BOOKS.has(b)) return 'reference';
if (TAKEABLE_BOOKS.has(b)) return 'takeable';
return 'unknown';
};
module.exports = {
TAKEABLE_BOOKS, REFERENCE_BOOKS, EXCLUDED_FROM_PRICING,
DFS_PLATFORMS, OFFSHORE_OR_INTL, PHANTOM_ON_PROPLINE,
EXCHANGES, SHARP, US_MAJORS,
RULER_V1, RULER_V2, CURRENT_RULER_VERSION, MIN_CONSENSUS_BOOKS,
roleOf,
};
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'use strict';
/**
* consensusRuler — the fair-probability ruler, v2 (Order Zero, Phase 2).
*
* NOT LIVE. Challenger-first: this computes alongside the incumbent so the
* delta can be reviewed before anything is flipped.
*
* WHAT IT REPLACES. Today's fair_prob is the two-way de-vig of ONE book — and
* not even a chosen one: `gradeSlateService.dedupeProps` keeps the FIRST prop
* row per player+stat+line in feed order. Whichever book PropLine happened to
* list first became the entire market. That is the ruler the model has been
* judged against.
*
* THE RULE
* 1. Group quotes by the SAME LINE. Two books at different lines are not
* pricing the same thing and must never be averaged.
* 2. Keep only TWO-SIDED quotes from REFERENCE books. A one-sided price
* cannot be de-vigged, so it cannot rule.
* 3. MEDIAN of the per-book de-vigged fair_prob — median, not mean, so one
* stale exchange cannot drag the ruler.
* 4. Require MIN_CONSENSUS_BOOKS (2). Below that, fall back to the incumbent
* single-book de-vig and LABEL it. Never silently mix the two: a column
* holding both is two different rulers wearing one name.
*
* Absent beats invented, throughout. No reference quote at all -> fair_prob is
* null and `source: 'none'`, never a fabricated number.
*/
const { devigTwoWay } = require('../utils/devig');
const { REFERENCE_BOOKS, MIN_CONSENSUS_BOOKS, RULER_V1, RULER_V2 } = require('../config/bookRoles');
const round4 = (n) => (Number.isFinite(n) ? Math.round(n * 10000) / 10000 : null);
function median(xs) {
if (!xs.length) return null;
const s = [...xs].sort((a, b) => a - b);
const m = Math.floor(s.length / 2);
return s.length % 2 ? s[m] : (s[m - 1] + s[m]) / 2;
}
/** Strict numeric: null/''/NaN are ABSENT, never 0. (`Number(null) === 0`.) */
function num(v) {
if (v == null || v === '') return null;
const n = Number(v);
return Number.isFinite(n) ? n : null;
}
/**
* Per-book de-vigged fair probability for one side, at one line.
*
* @param {Array} quotes [{ book, line, over_odds, under_odds }]
* @param {number} line the line to price at (exact match required)
* @param {'over'|'under'} side
* @param {Set} [books] which books may price (defaults to REFERENCE_BOOKS)
*/
function referenceFairProbs(quotes, line, side, books) {
const allow = books || REFERENCE_BOOKS;
const want = String(side || 'over').toLowerCase() === 'under' ? 'under' : 'over';
const target = num(line);
const seen = new Map(); // one quote per book — first wins, deterministic
for (const q of quotes || []) {
if (!q || !q.book) continue;
const b = String(q.book).toLowerCase();
if (!allow.has(b) || seen.has(b)) continue;
if (target == null || num(q.line) !== target) continue;
const over = num(q.over_odds);
const under = num(q.under_odds);
if (over == null || under == null) continue; // one-sided cannot be de-vigged
const dv = devigTwoWay(over, under);
if (!dv) continue;
const p = want === 'under' ? dv.under.fair_prob : dv.over.fair_prob;
if (p == null) continue;
seen.set(b, { book: b, fair_prob: p, overround: dv.overround });
}
return [...seen.values()].sort((a, b) => (a.book < b.book ? -1 : 1));
}
/**
* The ruler. Returns a labelled result — the label is load-bearing, because a
* consensus value and a fallback value are not the same measurement.
*
* @returns {{
* fair_prob: number|null, source: 'consensus'|'single_book'|'none',
* ruler_version: string, n: number, books: string[],
* spread: number|null, median_overround: number|null
* }}
*/
function consensusFairProb(quotes, line, side, opts = {}) {
const minBooks = Number.isFinite(opts.minBooks) ? opts.minBooks : MIN_CONSENSUS_BOOKS;
const refs = referenceFairProbs(quotes, line, side, opts.books);
if (refs.length >= minBooks) {
const ps = refs.map((r) => r.fair_prob);
return {
fair_prob: round4(median(ps)),
source: 'consensus',
ruler_version: RULER_V2,
n: refs.length,
books: refs.map((r) => r.book),
spread: round4(Math.max(...ps) - Math.min(...ps)),
median_overround: round4(median(refs.map((r) => r.overround))),
};
}
// FALLBACK — the incumbent, explicitly labelled as such. A single reference
// book is better than nothing but it is NOT a consensus, and pooling it with
// consensus rows would recreate the bent ruler inside a column that claims to
// be fixed.
if (refs.length === 1) {
return {
fair_prob: round4(refs[0].fair_prob),
source: 'single_book',
ruler_version: RULER_V1,
n: 1,
books: [refs[0].book],
spread: null,
median_overround: round4(refs[0].overround),
};
}
return { fair_prob: null, source: 'none', ruler_version: RULER_V2, n: 0, books: [], spread: null, median_overround: null };
}
/**
* CHALLENGER DELTA. The incumbent is "first row wins" — literally the first
* quote in feed order, whatever book that is. This reproduces it faithfully so
* the comparison measures the real change and not an idealised one.
*/
function incumbentFairProb(quotes, line, side) {
const want = String(side || 'over').toLowerCase() === 'under' ? 'under' : 'over';
const target = num(line);
for (const q of quotes || []) {
if (!q || !q.book) continue;
if (target != null && num(q.line) !== target) continue;
const over = num(q.over_odds);
const under = num(q.under_odds);
if (over == null || under == null) continue;
const dv = devigTwoWay(over, under);
if (!dv) continue;
return {
fair_prob: round4(want === 'under' ? dv.under.fair_prob : dv.over.fair_prob),
book: String(q.book).toLowerCase(),
ruler_version: RULER_V1,
};
}
return { fair_prob: null, book: null, ruler_version: RULER_V1 };
}
/** Both rulers plus the signed delta, for a single prop. */
function compareRulers(quotes, line, side, opts = {}) {
const incumbent = incumbentFairProb(quotes, line, side);
const consensus = consensusFairProb(quotes, line, side, opts);
const delta = (incumbent.fair_prob != null && consensus.fair_prob != null)
? round4(consensus.fair_prob - incumbent.fair_prob)
: null;
return { incumbent, consensus, delta_prob: delta, delta_pts: delta == null ? null : round4(delta * 100) };
}
module.exports = { consensusFairProb, incumbentFairProb, compareRulers, referenceFairProbs, __internals: { median, num, round4 } };
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@@ -250,6 +250,91 @@ const REFERENCE_POLICIES = Object.freeze({
takeable_only: ['draftkings', 'fanduel', 'betmgm', 'betrivers'], takeable_only: ['draftkings', 'fanduel', 'betmgm', 'betrivers'],
}); });
/**
* CHALLENGER DELTA (Order Zero, Phase 2 item 7). Computes BOTH rulers over the
* live feed and reports the difference. The live ruler is untouched — nothing
* here writes a cache, a grade or a ledger row.
*
* The headline is not the delta size. It is `incumbent_book_roles`: the
* incumbent is first-row-wins, so it reports WHICH KIND of book has been acting
* as "the market" — and DFS pick'em has the highest coverage in the feed.
*/
function rulerDelta(raw) {
const { compareRulers } = require('./consensusRuler');
const { roleOf } = require('../config/bookRoles');
const byPropLine = new Map(); // key -> [{book, line, over_odds, under_odds}] in FEED ORDER
for (const ev of raw || []) {
if (!ev || !Array.isArray(ev.bookmakers)) continue;
for (const bm of ev.bookmakers) {
if (!bm || !bm.key || !Array.isArray(bm.markets)) continue;
for (const mk of bm.markets) {
const pairs = new Map();
for (const oc of (mk && mk.outcomes) || []) {
if (!oc || !oc.description || oc.point == null) continue;
const k = `${oc.description}::${oc.point}`;
if (!pairs.has(k)) pairs.set(k, { player: oc.description, point: oc.point });
if (oc.name === 'Over') pairs.get(k).over = oc.price;
else if (oc.name === 'Under') pairs.get(k).under = oc.price;
}
for (const q of pairs.values()) {
const key = `${ev.id}|${q.player}|${mk.key}|${q.point}`;
if (!byPropLine.has(key)) byPropLine.set(key, []);
byPropLine.get(key).push({ book: bm.key, line: q.point, over_odds: q.over, under_odds: q.under });
}
}
}
}
const deltas = [];
const roleCounts = {};
let consensusAvailable = 0;
let bothAvailable = 0;
let disagree2pts = 0;
let disagree5pts = 0;
for (const [key, quotes] of byPropLine.entries()) {
const line = quotes[0].line;
const c = compareRulers(quotes, line, 'over');
if (c.consensus.source === 'consensus') consensusAvailable += 1;
if (c.incumbent.book) {
const r = roleOf(c.incumbent.book);
roleCounts[r] = (roleCounts[r] || 0) + 1;
roleCounts[`book:${c.incumbent.book}`] = (roleCounts[`book:${c.incumbent.book}`] || 0) + 1;
}
if (c.delta_pts != null && c.consensus.source === 'consensus') {
bothAvailable += 1;
deltas.push(c.delta_pts);
if (Math.abs(c.delta_pts) >= 2) disagree2pts += 1;
if (Math.abs(c.delta_pts) >= 5) disagree5pts += 1;
}
}
const sorted = [...deltas].sort((a, b) => a - b);
const at = (p) => (sorted.length ? round2(sorted[Math.min(sorted.length - 1, Math.floor((p / 100) * sorted.length))]) : null);
const abs = deltas.map(Math.abs).sort((a, b) => a - b);
return {
prop_line_groups: byPropLine.size,
consensus_available: consensusAvailable,
consensus_available_pct: byPropLine.size ? round2((100 * consensusAvailable) / byPropLine.size) : null,
comparable: bothAvailable,
// WHICH KIND of book has been serving as "the market" under first-row-wins.
incumbent_book_roles: roleCounts,
delta_pts: sorted.length ? {
mean: round2(deltas.reduce((a, b) => a + b, 0) / deltas.length),
median: at(50), p10: at(10), p90: at(90),
abs_median: abs.length ? round2(abs[Math.floor(abs.length / 2)]) : null,
abs_p90: abs.length ? round2(abs[Math.floor(0.9 * abs.length)]) : null,
} : null,
disagree_ge_2pts: disagree2pts,
disagree_ge_2pts_pct: bothAvailable ? round2((100 * disagree2pts) / bothAvailable) : null,
disagree_ge_5pts: disagree5pts,
disagree_ge_5pts_pct: bothAvailable ? round2((100 * disagree5pts) / bothAvailable) : null,
};
}
/** One read-only probe. Never throws; classifies works / partial / no. */ /** One read-only probe. Never throws; classifies works / partial / no. */
async function probe(path, params, note, httpGet) { async function probe(path, params, note, httpGet) {
const get = httpGet || axios.get; const get = httpGet || axios.get;
@@ -350,6 +435,7 @@ async function verify(opts = {}) {
continue; continue;
} }
out.per_sport[sport] = analyseBreadth(raw, allowed); out.per_sport[sport] = analyseBreadth(raw, allowed);
out.per_sport[sport].ruler_delta = rulerDelta(raw);
const ev = raw.find((e) => e && e.id && Array.isArray(e.bookmakers) && e.bookmakers.length); const ev = raw.find((e) => e && e.id && Array.isArray(e.bookmakers) && e.bookmakers.length);
if (ev) firstEvent[sport] = { id: ev.id, key: PA.SPORT_KEYS[sport] }; if (ev) firstEvent[sport] = { id: ev.id, key: PA.SPORT_KEYS[sport] };
} catch (err) { } catch (err) {
@@ -409,4 +495,4 @@ async function verify(opts = {}) {
return out; return out;
} }
module.exports = { verify, __internals: { analyseBreadth, scrubKeys, probe, summarise, detectRedaction, REFERENCE_CANDIDATES, REFERENCE_POLICIES, DFS_PLATFORMS, BASE } }; module.exports = { verify, __internals: { analyseBreadth, scrubKeys, probe, summarise, detectRedaction, rulerDelta, REFERENCE_CANDIDATES, REFERENCE_POLICIES, DFS_PLATFORMS, BASE } };
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'use strict';
/**
* consensusRuler + bookRoles — Order Zero Phase 2.
*
* These tests lock the properties that make the ruler honest, not just the
* arithmetic: DFS can never price, different lines can never be averaged,
* one-sided quotes can never rule, and a fallback can never masquerade as a
* consensus.
*/
const { consensusFairProb, incumbentFairProb, compareRulers, referenceFairProbs } = require('../../src/services/consensusRuler');
const roles = require('../../src/config/bookRoles');
const q = (book, line, over, under) => ({ book, line, over_odds: over, under_odds: under });
describe('bookRoles — the three-way split', () => {
it('DFS platforms can never price: excluded, and absent from REFERENCE', () => {
for (const dfs of roles.DFS_PLATFORMS) {
expect(roles.REFERENCE_BOOKS.has(dfs)).toBe(false);
expect(roles.EXCLUDED_FROM_PRICING.has(dfs)).toBe(true);
expect(roles.roleOf(dfs)).toBe('excluded');
}
});
it('keeps the six PropLine-phantom books in TAKEABLE for the odds-api path', () => {
for (const b of roles.PHANTOM_ON_PROPLINE) expect(roles.TAKEABLE_BOOKS.has(b)).toBe(true);
});
it('pinnacle and the exchanges are reference-only, never takeable', () => {
for (const b of ['pinnacle', ...roles.EXCHANGES]) {
expect(roles.REFERENCE_BOOKS.has(b)).toBe(true);
expect(roles.TAKEABLE_BOOKS.has(b)).toBe(false);
}
});
it('the live ruler is still v1 — v2 is a challenger, not deployed', () => {
expect(roles.CURRENT_RULER_VERSION).toBe(roles.RULER_V1);
});
});
describe('consensusRuler — what may price', () => {
it('a DFS book is ignored even when it is the only book at the line', () => {
const r = consensusFairProb([q('prizepicks', 1.5, -119, -119)], 1.5, 'over');
expect(r.source).toBe('none');
expect(r.fair_prob).toBeNull();
});
it('three DFS books do not make a consensus', () => {
const r = consensusFairProb([
q('prizepicks', 1.5, -119, -119), q('underdog', 1.5, -118, -118), q('sleeper', 1.5, -120, -120),
], 1.5, 'over');
expect(r.n).toBe(0);
expect(r.source).toBe('none');
});
it('never averages across DIFFERENT lines', () => {
const r = consensusFairProb([q('novig', 1.5, -104, -104), q('smarkets', 2.5, 200, -240)], 1.5, 'over');
expect(r.n).toBe(1);
expect(r.source).toBe('single_book'); // the 2.5 quote is a different market
});
it('a one-sided quote cannot rule (it cannot be de-vigged)', () => {
const r = consensusFairProb([q('novig', 1.5, -104, -104), { book: 'kalshi', line: 1.5, over_odds: -103 }], 1.5, 'over');
expect(r.n).toBe(1);
});
it('counts a book once even if it appears twice', () => {
const refs = referenceFairProbs([q('novig', 1.5, -104, -104), q('novig', 1.5, -150, 130)], 1.5, 'over');
expect(refs).toHaveLength(1);
});
});
describe('consensusRuler — labelling and the median', () => {
it('n>=2 is a labelled consensus stamped v2', () => {
const r = consensusFairProb([q('novig', 1.5, -104, -104), q('kalshi', 1.5, -106, -102)], 1.5, 'over');
expect(r.source).toBe('consensus');
expect(r.ruler_version).toBe(roles.RULER_V2);
expect(r.n).toBe(2);
});
it('n==1 falls back and is labelled single_book stamped v1 — never called consensus', () => {
const r = consensusFairProb([q('novig', 1.5, -104, -104)], 1.5, 'over');
expect(r.source).toBe('single_book');
expect(r.ruler_version).toBe(roles.RULER_V1);
expect(r.fair_prob).toBeGreaterThan(0);
});
it('uses the MEDIAN so one outlier book cannot drag the ruler', () => {
const tight = [q('novig', 1.5, -104, -104), q('kalshi', 1.5, -105, -103), q('smarkets', 1.5, -103, -105)];
const withOutlier = [...tight, q('bovada', 1.5, -400, 300)];
const a = consensusFairProb(tight, 1.5, 'over').fair_prob;
const b = consensusFairProb(withOutlier, 1.5, 'over').fair_prob;
expect(Math.abs(b - a)).toBeLessThan(0.06); // a mean would move far more
expect(consensusFairProb(withOutlier, 1.5, 'over').spread).toBeGreaterThan(0.2);
});
it('over and under are complementary at a symmetric price', () => {
const qs = [q('novig', 1.5, -104, -104), q('kalshi', 1.5, -104, -104)];
const o = consensusFairProb(qs, 1.5, 'over').fair_prob;
const u = consensusFairProb(qs, 1.5, 'under').fair_prob;
expect(o + u).toBeCloseTo(1, 3);
});
it('no reference quote at all returns null, never a fabricated number', () => {
const r = consensusFairProb([q('onexbet', 1.5, -110, -110)], 1.5, 'over');
expect(r.fair_prob).toBeNull();
expect(r.source).toBe('none');
});
it('a null line does not become 0 and match a 0-line quote', () => {
expect(consensusFairProb([q('novig', 0, -104, -104)], null, 'over').source).toBe('none');
});
});
describe('consensusRuler — the incumbent it is challenging', () => {
it('incumbent is literally first-row-wins, and that row can be a DFS book', () => {
const qs = [q('prizepicks', 1.5, -119, -119), q('novig', 1.5, -104, -104)];
const inc = incumbentFairProb(qs, 1.5, 'over');
expect(inc.book).toBe('prizepicks');
expect(inc.ruler_version).toBe(roles.RULER_V1);
});
it('compareRulers returns a signed delta in probability points', () => {
const qs = [q('draftkings', 1.5, -140, 120), q('novig', 1.5, -104, -104), q('kalshi', 1.5, -103, -105)];
const c = compareRulers(qs, 1.5, 'over');
expect(c.incumbent.book).toBe('draftkings');
expect(c.consensus.source).toBe('consensus');
expect(c.delta_pts).toBeLessThan(0); // dk's favourite priced over above the exchanges
expect(Math.round(c.delta_pts * 100) / 100).toBeCloseTo((c.consensus.fair_prob - c.incumbent.fair_prob) * 100, 2);
});
it('delta is null when either side is unavailable — never 0', () => {
expect(compareRulers([q('prizepicks', 1.5, -119, -119)], 1.5, 'over').delta_pts).toBeNull();
});
});