kellymulti2: Kelly Criterion for multiple simultaneous events/games

Description Usage Arguments Value

Description

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

Usage

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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.