NAME
Algorithm::Kelly - calculates the fraction of of your bankroll to bet using the Kelly formula
VERSION
version 0.01
SYNOPSIS
use Algorithm::Kelly;
use feature 'say';
say optimal_f(0.5, 2); # 0.25optimal_f ($probability, $payoff)
Returns the optimal fraction of bankroll to wager, using the Kelly Criterion, given the $probability and $payoff. Payoff should be the net odds of the wager, so the value of 3-to-1 would be 3. The fraction() sub is exported by default.
AUTHOR
David Farrell <dfarrell@cpan.org>
COPYRIGHT AND LICENSE
This software is copyright (c) 2015 by David Farrell.
This is free software; you can redistribute it and/or modify it under the same terms as the Perl 5 programming language system itself.