Games::Bettor::Kelly - A class that holds the methods for a kelly formula bettor
Version 1.0
use Games::Bettor::Kelly;
$bettor = Games::Bettor::Kelly->new( winner => 75, odds => 2);
This method represents a bettor who always bets using the Kelly Criterion system. Basically, the Kelly bettor bets only a portion of his bankroll. This criterion is supposed to balance risk of ruin with the best rate of return. Since only a portion of the bankroll is bet, the bettor can never go broke.
$method = Games::Bettor::Kelly->new( winner => $winning_percentage, odds => $odds ); winner: The percentage of the time you expect to win expressed as a percentage, ie 65. odds: The left side of an odds expression. 5:1 would be expressed as 5 and even money odds would just be 1:1 or 1.
$method_name = $method->name(); Returns the name of the betting method.
$amount = $method->get_bet( bankroll => $bankroll ); Returns the amount to bet for this trial. The bankroll argument is the amount of the bankroll currently for the Bettor object using this method.
Troy Denkinger, <tdenkinger at gmail.com>
Please report any bugs or feature requests to bug-games-bettor at rt.cpan.org, or through the web interface at http://rt.cpan.org/NoAuth/ReportBug.html?Queue=Games-Bettor. I will be notified, and then you'll automatically be notified of progress on your bug as I make changes.
You can find documentation for this module with the perldoc command.
perldoc Games::Bettor::Kelly
You can also look for information at:
Copyright 2006 Troy Denkinger, all rights reserved.
This program is free software; you can redistribute it and/or modify it under the same terms as Perl itself.
