bankroll_plot: Bankroll Simulation

In papagorgio23/bettoR: Sports Betting Tools

Bankroll Simulation

Description

This function simulates and visualizes a bettors bankroll over a number of bets using their edge.

Usage

bankroll_plot(
  bets = 256,
  win_rate = 0.55,
  bet_size = 100,
  sim_length = 1000,
  avg_odds = -110,
  odds_type = "us",
  current_bet = NULL,
  current_win = NULL
)

Arguments

bets	The number of bets (256)
win_rate	The average expected win rate of the bets (0-1)
bet_size	The dollar amount of each bet. (100)
sim_length	The number of simulations. (1,000)
avg_odds	The average odds of the bets (-110)
odds_type	Type of odds for the output. Possible values are: us, American Odds dec, Decimal Odds frac, Fractional Odds
current_bet	Optional input - Your current total number of tracked bets. (125)
current_win	Optional input - Your current total amount won/loss from your tracked bets. (950)

Value

Plot showing the bankroll results of the simulated bets. The function also outputs the percentage of positive and negative final bankroll over the course of the simulation.

Examples

bankroll_plot(
  bets = 256,
  win_rate = 0.55,
  bet_size = 100,
  sim_length = 1000,
  avg_odds = -110,
  odds_type = "us"
)
bankroll_plot(
  sim_length = 500,
  avg_odds = -110,
  win_rate = 0.5455
)
bankroll_plot(
  sim_length = 250,
  avg_odds = -115,
  win_rate = 0.5255,
  current_bet = 100,
  current_win = -500
)
bankroll_plot(
  sim_length = 300,
  avg_odds = -109,
  win_rate = 0.57,
  current_bet = 175,
  current_win = 5000
)
bankroll_plot()

papagorgio23/bettoR documentation built on May 24, 2023, 5:01 a.m.