kellyMultipleBets: Optimal allocations among many independent bets
In shill1729/sportsbets: Sports betting modeling and analysis
kellyMultipleBets R Documentation
Optimal allocations among many independent bets
Description
Given independent alternatives to wager on on the same trial, going up to
a percentage of one's bankroll, optimal allocations are computed via
log-maximization of terminal wealth.
Usage
kellyMultipleBets(ps, a, b, restraint = 1)
Arguments
ps
vector of chances
a
vector of win payouts
b
vector of risk payins
restraint
percentage of wealth to restrict to
Value
vector
shill1729/sportsbets documentation built on Dec. 27, 2022, 10:53 p.m.
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| kellyMultipleBets | R Documentation |
Optimal allocations among many independent bets
Description
Given independent alternatives to wager on on the same trial, going up to a percentage of one's bankroll, optimal allocations are computed via log-maximization of terminal wealth.
Usage
kellyMultipleBets(ps, a, b, restraint = 1)
Arguments
ps |
vector of chances |
a |
vector of win payouts |
b |
vector of risk payins |
restraint |
percentage of wealth to restrict to |
Value
vector
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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