kelly_lay_dec

price

<p>Base probability of event that is being laid</p>

<p>Rate of commision charged on WINNINGS</p>

commision_rate

Calculates the Kelly criterion (Kelly, J.L. (1956) <doi:10.1002/j.1538-7305.1956.tb03809.x>) for bets given quoted prices, model predictions and commissions.
Additionally it contains helper functions to calculate the probabilities for wins and draws in multi-leg games.

kelly_lay_dec: Kelly for lay bet

Description

Usage

Arguments

Value