kellyBinary: The optimal bet for a binary wager

View source: R/binaryWagers.R

kellyBinaryR Documentation

The optimal bet for a binary wager

Description

The classical Kelly fraction that optimizes long-term log-growth.

Usage

kellyBinary(p, a, b)

Arguments

p

true chance of the event being bet on

a

dollars to win

b

dollars to risk

Value

numeric


shill1729/kellyfractions documentation built on July 16, 2025, 6:21 p.m.