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.

Package details

AuthorArvid Kingl [aut, cre]
MaintainerArvid Kingl <[email protected]>
LicenseMIT + file LICENSE
Package repositoryView on CRAN
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RKelly documentation built on Sept. 4, 2019, 5:03 p.m.