kellymulti2: Kelly Criterion for multiple simultaneous events/games

In shearwavesplitter/GamblR: Gambling with R

Description

Determine the bet fractions for multiple (uncorrelated) games/event occuring at the same time

Usage

kellymulti2(probhome, oddhome, oddaway, probtie = NULL, oddtie = NULL,
  homenames = NULL, awaynames = NULL, oddstype = default.GamblR.odds(),
  fraction = 1, ou = FALSE)

Arguments

probhome	Probability for the home teams to win
oddhome	Odds for the home teams
oddaway	Odds for the away teams
probtie	Probability of ties (optional)
oddtie	Odds for ties (optional)
homenames	Names of the home teams
awaynames	Names of the away teams
oddstype	Format of input odds (e.g. decimal, see Convert odds)
fraction	Bet fraction (for fractional Kelly)
ou	Over/under bet? (TRUE/FALSE)

Value

A dataframe containing the matchup names along with the fractonal bet amount for the simultaneous Kelly Criterion

shearwavesplitter/GamblR documentation built on May 30, 2019, 8:27 a.m.