kelly

Kelly criterion.

Example

const kelly = require('kelly');

kelly(1, 0.6);
// => 0.19999999999999996

Installation

$ npm install kelly

API

const kelly = require('kelly');

kelly(b, p)

Given two Number arguments, where b is the net odds received on the wager and p is the probability of winning, returns the fraction of the current bankroll (as a Number) that one should bet to maximize the long-run growth rate of the bankroll.