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RKelly: Translate Odds and Probabilities
Calculates the Kelly criterion (Kelly, J.L. (1956) <doi:10.1002/j.1538-7305.1956.tb03809.x>) for bets given quoted prices, model predictions and commissions. Additionally it contains helper functions to calculate the probabilities for wins and draws in multi-leg games.
Getting started
Browse package contents
Package details |
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| Author | Arvid Kingl [aut, cre] |
| Maintainer | Arvid Kingl <akingl2016@gmail.com> |
| License | MIT + file LICENSE |
| Version | 1.0 |
| Package repository | View on CRAN |
| Installation |
Install the latest version of this package by entering the following in R:
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