builtbykev
669479097c
REPORT-FIRST per the arc order. G-a is HELD — the data changes the recommended dials. No engine code touched. Replayed against live ledger_entries (576 rows, 6 game days, 470 settled) because the "30 days of stored snapshots" does not exist: snapshot Redis keys are latest/previous only at 24h TTL, and no backtest harness exists anywhere in the repo. Findings that change the plan: - The -400 floor shipped this morning was the whole win: past -400 hit 80.3% against an 86.9% breakeven = -13.29u / -7.7% ROI on 173 settled. - Arc 2's incremental cut over the live gate is ~11 props in 6 days. The only material change is gating the flex band behind 2x EV. - The flex band (-161..-250) is our BEST band (+2.2% ROI, n=70) and the takeable band is flat (-0.3%, n=209) — the opposite of the assumption behind EDGE_FLEX_WALL. Recommend shipping the knob with enforcement OFF until EV is persisted and measured. - ev_pct/p_win are on NO ledger row, so the EV half of the gate cannot be replayed at all. C-led (persist EV) is now the highest-leverage item. - Confidence is monotonic but understates hit rate by ~20-25 points, and the entire public ledger contains only B and C grades — zero A/A+. That breaks hero v2 (isAB) and undermines "A-RATED" copy. Escalated. - L-a answered: alt_lines carry NO odds and the feed has no alternate markets. L-b is blocked on a data source, not engine work. - C-led needs no odds backfill (locked_odds 99.1% populated). - U-deg: the projection==0 leak is already closed (0 since 07-18). - C4 confirmed in data (359/376 MLB closes == the lock). Stays suppressed. Co-Authored-By: Claude Opus 4.8 (1M context) <noreply@anthropic.com> Claude-Session: https://claude.ai/code/session_01SmNjJAwEnqHPtXbvSZR8kA
243 lines
14 KiB
Markdown
243 lines
14 KiB
Markdown
# MODEL TRAIN — VALUE ENGINE
|
||
|
||
**Status:** Arc 1 (steps 1–6) SHIPPED on main `7a925f4` (2026-07-19). Arcs 2+ OPEN.
|
||
**Written retroactively** (2026-07-19) per CLAUDE.md rule #1 — Arc 1 was built from a
|
||
plan that lived only in a session context that was lost. Everything in the "SHIPPED"
|
||
sections below was read off the code ON DISK, not from that plan or from memory.
|
||
|
||
**Doctrine (Kev):** VYNDR promotes bets people actually take — roughly the **−160 to
|
||
+200** band — that ALSO carry a genuine vig-free edge. Not plus-money-only, not heavy
|
||
chalk. *Grade* answers "is this a good read"; *value* answers "does the price pay you."
|
||
They are separate fields and must stay separate.
|
||
|
||
---
|
||
|
||
## 1. WHAT ARC 1 SHIPPED
|
||
|
||
### 1.1 De-vig — `src/utils/devig.js` (new)
|
||
|
||
Two-way **multiplicative** (proportional / normalized-implied-probability) de-vig.
|
||
Each side's implied probability is divided by the sum of both; the sum's excess over 1
|
||
is the `overround`. Method is recorded on the payload as `devig_method:'multiplicative'`.
|
||
|
||
| Export | Behavior |
|
||
|---|---|
|
||
| `americanToImpliedProb(a)` | `+`: `100/(a+100)`; `−`: `−a/(−a+100)`. Null on non-finite or `0`. |
|
||
| `americanToDecimal(a)` | Total-return multiple incl. stake. Null on non-finite or `0`. |
|
||
| `impliedProbToAmerican(p)` | Null outside `(0,1)`. `p>0.5` → negative (favorite). |
|
||
| `devigTwoWay(overOdds, underOdds)` | `{method, overround, over:{fair_prob,fair_odds}, under:{…}}`. **Returns `null` if EITHER side is missing/invalid** — fair values are never synthesized from one side. |
|
||
| `evPct(modelProb, american)` | `modelProb × decimal − 1`, as a percentage rounded to **one decimal**. Null on bad input. |
|
||
|
||
Rounding: probabilities/overround to 3 dp (`round3`); `ev_pct` to 1 dp.
|
||
|
||
### 1.2 Config knobs — the ACTUAL values on disk
|
||
|
||
**`src/config/valueEngine.js`** (new — the promotion gates):
|
||
|
||
| Knob | Env var | Default in code | Meaning |
|
||
|---|---|---|---|
|
||
| `TAKEABLE_ODDS_CEILING` | `TAKEABLE_ODDS_CEILING` | **−160** | Most-juiced favorite we will PROMOTE. |
|
||
| `TAKEABLE_ODDS_MAX` | `TAKEABLE_ODDS_MAX` | **+200** | Longest dog we will PROMOTE. |
|
||
| `VALUE_EV_THRESHOLD` | `VALUE_EV_THRESHOLD` | **2** (i.e. 2 % EV) | Minimum EV for the `value` flag. |
|
||
|
||
- `isTakeable(american)` → `a >= −160 && a <= +200`. **Strict**: `null`, `''`,
|
||
`undefined`, and non-finite are `false` (the `Number(null)===0` fabrication trap).
|
||
- `isValue(american, evPct)` → `isTakeable(american) && Number.isFinite(evPct) && evPct >= 2`.
|
||
|
||
**`src/config/rareEventMarkets.js`** (pre-existing, from the same-day rare-event work —
|
||
the refusal layer that sits UNDERNEATH the promotion gates):
|
||
|
||
| Knob | Env var | Default in code | Meaning |
|
||
|---|---|---|---|
|
||
| `JUICE_ODDS_FLOOR` | `JUICE_ODDS_FLOOR` | **−400** | Graded side at or past this price → **refused, not graded**. |
|
||
| `RARE_EVENT_LINE_MAX` | — (constant) | **0.5** | Line at/below which the rare-event rules apply. |
|
||
| `RARE_EVENT_STATS` | — (constant) | `doubles, triples, home_runs, stolen_bases, steals, blocks` | Backup list for props with NO odds. |
|
||
|
||
**Knobs that DO NOT EXIST** (verified by grep across `src/`, `web/src/`, `tests/`):
|
||
`TAKEABLE_CEILING` (real name is `TAKEABLE_ODDS_CEILING`), `EDGE_FLEX_WALL`,
|
||
`HARD_JUICE_WALL`, `LADDER_ODDS_MAX`, `MIN_RUNG_PROBABILITY`. If those were in the
|
||
original plan, they are **unbuilt** — see §3.
|
||
|
||
### 1.3 What the gate ACTUALLY does today
|
||
|
||
Reported as-built, not as-designed. There are **two independent layers**, and only the
|
||
first one can refuse a grade:
|
||
|
||
**Layer A — the refusal wall (`JUICE_ODDS_FLOOR`, −400).** In `analyzeViaEngine1`, the
|
||
FIRST thing that happens — before `computeFeaturesForProp`, before any projection:
|
||
|
||
```
|
||
if (isTooJuiced(rawProp)) → suppressedRareResult('juiced_no_edge')
|
||
```
|
||
|
||
Characteristics of the shipped behavior:
|
||
- **A flat price wall, NOT edge-aware.** It looks only at the graded side's American
|
||
price. No EV, no projection, no edge, no flex band participates in the decision.
|
||
- **The wall is −400, not −250.** There is no −250 constant anywhere in the codebase.
|
||
- It runs **pre-feature**, so a refused prop costs zero feature computation.
|
||
- Odds absent → `isTooJuiced` is `false` (can't judge from a price that isn't there);
|
||
the structural `RARE_EVENT_STATS` rule is the backup for that case.
|
||
- Output is a refusal, not a bad grade: `grade:null`, `insufficient_data:true`,
|
||
`suppressed:true`, `suppressed_reason:'juiced_no_edge'`, plus branded "No read —…"
|
||
copy in `reasoning.summary`.
|
||
|
||
The other two refusals in the same family: `rare_event_under` (rare stat, under, line
|
||
≤ 0.5 — pre-feature, needs no projection) and `rare_event_over_below_line` (rare stat,
|
||
over, line ≤ 0.5, and the model does NOT project above the line — checked after the
|
||
projection exists).
|
||
|
||
**Layer B — the takeable band (−160 … +200).** This gate **never refuses a grade**.
|
||
It is a *promotion* filter, applied only where a read is featured:
|
||
- Today its ONLY enforcement point is `heroPropService.pickHeroProp`
|
||
(`if (!isTakeable(g.book_odds)) continue`).
|
||
- Every graded read still carries `takeable` / `value` as flags for consumers.
|
||
- The full board shows every graded read regardless of band. Parlay Lab is exempt by
|
||
design (juiced legs combine into takeable payouts).
|
||
|
||
So: **edge-aware promotion, price-only refusal.** The `-400` wall decides what gets
|
||
graded; EV + the `−160/+200` band decide what gets promoted.
|
||
|
||
### 1.4 The value triplet
|
||
|
||
Attached in `analyzeViaEngine1`'s existing p_win/Kelly `try` block (so it inherits the
|
||
"real quantile probability × real book odds, or nothing" rule, and the whole block is
|
||
additive — a throw never breaks the read):
|
||
|
||
| Field | Source | Absent when |
|
||
|---|---|---|
|
||
| `book_odds` | the graded side's actual price (`under_odds` if under, else `over_odds`) | no side odds |
|
||
| `fair_odds`, `fair_prob` | `devigTwoWay(over, under)` for the graded side | **either** side unpriced |
|
||
| `model_odds` | `impliedProbToAmerican(pWin)` | no quantile probability |
|
||
| `overround`, `devig_method` | from the de-vig | either side unpriced |
|
||
| `ev_pct` | `evPct(pWin, sideOdds)` | no pWin or no side odds |
|
||
| `takeable` | `isTakeable(sideOdds)` | no side odds |
|
||
| `value` | `isValue(sideOdds, ev)` | no ev |
|
||
|
||
The intended render (Design's, not built): *"book −145 · vig-free −132 · model −110."*
|
||
|
||
### 1.5 Hero v2 — `heroPropService`
|
||
|
||
Old rule: largest `|projection − line|` among A/B candidates. **New rule:** among A/B
|
||
candidates, keep only those with a finite `ev_pct` **and** a takeable `book_odds`, then
|
||
take the **highest `ev_pct`**. The `gap` is still computed and returned for display, but
|
||
it no longer selects. Empty-slate fallback (most recent real graded read, any grade, by
|
||
timestamp) is unchanged. `toHero` now also passes through
|
||
`ev_pct / value / takeable / book_odds / fair_odds / model_odds`.
|
||
|
||
### 1.6 Distribution + tests
|
||
|
||
- Fields ride the existing `...result` / `...data` spreads into `grades:{sport}`,
|
||
`/api/snapshot/:sport`, `/api/hero-prop`, `/api/scan`. Documented in
|
||
`BACKEND_HANDOFF.md` ("Value Engine fields").
|
||
- `src/utils/tierGating.js` deletes `alt_lines` (below Desk) and `kelly` (below the
|
||
Kelly tier). It does **not** touch the value fields — `ev_pct`, `value`, `takeable`,
|
||
and the triplet are currently visible to **every tier including free**. That is an
|
||
unmade product decision, not a verified choice (see §3).
|
||
- Suite: **276 suites / 3306 tests**, green, `next build` exit 0. New:
|
||
`tests/unit/devig.test.js`, `tests/unit/valueEngine.test.js`;
|
||
`tests/unit/heroPropService.test.js` rewritten for the EV rule.
|
||
|
||
---
|
||
|
||
## 2. LAWS THIS TRAIN INHERITS (do not relax)
|
||
|
||
- **Absent beats wrong.** One side unpriced → `fair_odds` is absent, never
|
||
extrapolated. No price → `takeable` is absent, not `false`-by-coercion.
|
||
- **`Number(null) === 0`** is the standing fabrication bug of this codebase. Every new
|
||
numeric path gets a strict guard (`valueEngine.isTakeable` is the model).
|
||
- **Grade ≠ value.** An A read with `value:false` is honest output: right read, price
|
||
gone. Never let the value flag re-letter a grade.
|
||
- **Refusal is a product surface**, not an error. Refused reads carry branded copy.
|
||
- Market values are REAL book numbers at a timestamp; only projection / grade / edge /
|
||
EV / fair price are model output and must be labeled MODEL.
|
||
|
||
---
|
||
|
||
## 2A. ARC 2+ BOARD — STATUS (Kev's arc list, 2026-07-19)
|
||
|
||
Full arc definitions live in the Session-63 order. Status only here; update as each ships.
|
||
|
||
| Item | Status | Note |
|
||
|---|---|---|
|
||
| **G-a** the real gate | **HELD for ruling** | Built nothing yet — the G-b report changes the recommended dials. See `specs/audit-data/gate-simulation.md` §2.4. |
|
||
| **G-b** gate simulation | ✅ **REPORTED** | `specs/audit-data/gate-simulation.md`. Replayed over the ledger, NOT snapshots (no 30d snapshot store exists). |
|
||
| **G-c** never-empty honesty | open | Rare but real on thin MLB nights. |
|
||
| **S-a** line-moved truth | open | Shares plumbing with C-clv — build together. |
|
||
| **S-b** board ranks on EV | open | Blocked-ish: EV not persisted; live payload has it. |
|
||
| **L-a** per-rung odds? | ✅ **REPORTED — NO** | Rungs are synthetic, carry no price. Feed offers no alternate markets. §3 of the report. |
|
||
| **L-b** per-rung EV ladder | **BLOCKED** | Needs a real price per rung. Probe PropLine first. |
|
||
| **C-cal** calibration | ✅ **REPORTED** | Confidence monotonic but ~20-25pts miscalibrated; **only B/C grades ever emitted**. |
|
||
| **C-led** ledger speaks value | open — **recommended next** | `locked_odds` already 99.1% populated: units/ROI need no backfill. EV columns are net-new, forward-only. |
|
||
| **C-clv** fix C4 | open | Confirmed broken in data (359/376 MLB closes == lock). Keep suppressed. |
|
||
| **D-ref** visible refusals | partial | Copy already ships on refusals; new `gate_*` reasons land with G-a. |
|
||
| **D-par** parlay lab | open | Gate must NOT apply inside the Lab. |
|
||
| **D-tier** tier gating | **DECIDED, not enforced** | Free/Analyst: value marker + grade + triplet. Desk: ladder + per-rung EV + Kelly. Today ladder/Kelly are already Desk-gated; triplet ungated = correct per this ruling. |
|
||
| **D-ev** consolidate EV | open | `devig.evPct` vs `processing/EVCalculator.js` (used only by `UnifiedOddsProvider`). |
|
||
| **U-deg** MLB degradation | ✅ **STATUS REPORTED** | `projection==0` leak **already closed** (0 occurrences since 07-18). `edge_pct` scale still broken. |
|
||
| **U-fp** Arc 1 fingerprint | open | Do it on the first deploy this train ships. |
|
||
|
||
### Backtest harness
|
||
**None exists** (grep-verified). `migrations/006` defines `grade_outcomes` +
|
||
`player_calibrated_weights` and **no code reads or writes them**. The G-b/C-cal replay was
|
||
done in SQL against `ledger_entries`; a real harness is still owed before any weight change.
|
||
|
||
## 3. NOT YET BUILT — checklist to reconcile against the full arc list
|
||
|
||
Verified absent from the codebase as of `7a925f4`. Kev supplies the complete arc list;
|
||
mark each done/open against this.
|
||
|
||
**Engine / gates**
|
||
- [ ] Edge-aware juice wall — a soft/flex band where a big enough edge can survive a
|
||
juiced price (`EDGE_FLEX_WALL`, `HARD_JUICE_WALL` — neither exists; today's wall
|
||
is the single flat `JUICE_ODDS_FLOOR` −400).
|
||
- [ ] `TAKEABLE_ODDS_*` enforced on any surface beyond the daily hero (featured rows,
|
||
top-of-board, alerts). Today: hero only.
|
||
- [ ] Alt-line ladder value gates (`LADDER_ODDS_MAX`, `MIN_RUNG_PROBABILITY` — neither
|
||
exists). The ladder in `analyzeViaEngine1` is still the S62 build: fixed shifts
|
||
`[−1, −0.5, 0, +0.5, +1]`, filtered to `line > 0`, sorted by `edge_pct`. It has
|
||
**no odds ceiling and no per-rung probability floor**, and its rungs carry no
|
||
`ev_pct` / `fair_odds` / price at all.
|
||
- [ ] EV-rank the board itself. `slateAdapter.flattenToEdgeBoard` still ranks on
|
||
`edge` (guarded by `EDGE_BOARD_SANE_MAX = 40`), not `ev_pct`.
|
||
- [ ] Reconcile the orphan `src/services/processing/EVCalculator.js` (a separate,
|
||
older EV path used only by `UnifiedOddsProvider`) against `devig.evPct` — two EV
|
||
implementations currently coexist.
|
||
- [ ] Multi-way / three-way de-vig, and alternatives to multiplicative (Shin,
|
||
power/log). Two-way multiplicative is the only method implemented.
|
||
- [ ] Best-price de-vig across books (today the triplet de-vigs whichever single
|
||
book's two-sided price came through on the prop).
|
||
|
||
**Surfaces (nothing on the frontend reads these fields yet — grep-verified zero hits
|
||
for `ev_pct` / `fair_odds` / `model_odds` / `book_odds` / `suppressed_reason` under
|
||
`web/src/`)**
|
||
- [ ] Value triplet rendered on the reveal card / board row / hero.
|
||
- [ ] VALUE marker (and the honest "A but no value" state).
|
||
- [ ] Visible-refusal moment — the "No read —…" copy is generated and shipped on the
|
||
payload but is not displayed anywhere.
|
||
- [ ] EV shown as the headline number instead of / alongside edge %.
|
||
|
||
**Product / policy**
|
||
- [ ] Tier policy for the value fields — currently ungated to free (§1.6).
|
||
- [ ] Alerts on takeable +EV reads (the config comment anticipates "future alerts").
|
||
- [ ] Ledger/record split by `value` (does the model's +EV subset beat its overall
|
||
record?). `ledger_entries` stores no EV or fair price today.
|
||
- [ ] Settlement/CLV interaction with fair price — CLV is still locked-vs-closing
|
||
LINE, not vs closing FAIR price. (Note: **C4 — CLV capture is broken** and
|
||
suppressed on public surfaces; see `specs/audit-data/clv-capture-broken.md`.
|
||
Any fair-price CLV work is blocked behind C4.)
|
||
|
||
**Verification debt**
|
||
- [ ] Arc 1 is **not deploy-fingerprinted**. Post-deploy, confirm `/api/hero-prop`
|
||
returns a hero with a takeable `book_odds` and a finite `ev_pct`, and that
|
||
`/api/snapshot/mlb` grades carry the triplet.
|
||
- [ ] Known upstream contamination: **`specs/audit-data/mlb-grade-degradation.md`** —
|
||
projection == 0 on ~9/25 MLB grades and a broken `edge_pct` scale. EV is
|
||
computed from the quantile probability, not from `edge_pct`, so it is not
|
||
directly poisoned — but hero ranking and any EV-vs-edge comparison sit on top of
|
||
that pipeline. Fix the degradation before trusting arc-1 numbers in aggregate.
|
||
|
||
---
|
||
|
||
*Arc 1 recorded 2026-07-19 from the code at `7a925f4`. Update this file in the same
|
||
commit as any arc that ships.*
|