kelly_moneyline: Kelly fraction for moneyline bets

Description Usage Arguments Value

View source: R/wagers.R

Description

A Kelly-criterion for a bet on two wagers for favorite vs underdog team to win.

Usage

1
kelly_moneyline(p, a, b, u, v)

Arguments

p

true probability of favorite winning

a

winnings if favorite wins

b

wager to throw down for favorite -b

u

winnings if underdog wins +u

v

wager to throw down for underdog

Value

numeric


shill1729/KellyCriterion documentation built on Oct. 12, 2020, 4:21 a.m.