kelly_back_dec: Kelly for back bet

Description Usage Arguments Value Examples

View source: R/probability_functions.R

Description

Kelly for back bet

Usage

1
kelly_back_dec(price, p, commision_rate)

Arguments

price

Price to back in decimal odds

p

Probability of event to to materialise

commision_rate

Rate of commision charged on WINNINGS

Value

Kelly optimised fraction of stake relative to bank

Examples

1
kelly_back_dec(2,0.5,0.05)

RKelly documentation built on Sept. 4, 2019, 5:03 p.m.