View source: R/roulette_pl_calculator_Labouchere.R
roulette_pl_calculator_labouchere | R Documentation |
Calculates the potential profit or loss when someone is betting in the roulette based on the Labouchere Betting System.
roulette_pl_calculator_labouchere( bet_minimum, bet_maximum, initial_capital, profit_target, profit_sequence, simulations_num, trials_per_sim )
bet_minimum |
The minimum betting amount that the casino allows |
bet_maximum |
The maximum betting amount that the casino allows |
initial_capital |
The initial capital to be used |
profit_target |
The profit amount to be earned |
profit_sequence |
(Optional) the amounts of the bets to reach this profit amount. If omitted, the minimum betting amount will be used |
simulations_num |
The number of simulations to be run |
trials_per_sim |
The number of trials in each simulation |
A list containing the minimum, the maximum and the final balance for each simulation. Also the P&L graph for the last simulation will be plotted.
Tasos Grivas <tasos@openriskcalculator.com>
https://en.wikipedia.org/wiki/Roulette#Betting_strategies_and_tactics
# This software is covered by GPL license and provided strictly for educational # reasons (no actual investment/betting decisions should be taken based on this) # On top of these, the below example contains a tiny number of simulations and # trials just to pass CRAN tests - the user would have to highly increase both # variables when running these. pl_results = roulette_pl_calculator_labouchere(bet_minimum = 0.1 , bet_maximum = 3276.8, initial_capital = 20000, profit_target = 100, profit_sequence = rep(10,10), simulations_num = 100, trials_per_sim = 100) summary(pl_results$min_capital) summary(pl_results$max_capital) summary(pl_results$final_capital)
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