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RKelly  

Translate Odds and Probabilities
View on CRAN: Click here


Download and install RKelly package within the R console
Install from CRAN:
install.packages("RKelly")

Install from Github:
library("remotes")
install_github("cran/RKelly")

Install by package version:
library("remotes")
install_version("RKelly", "1.0")



Attach the package and use:
library("RKelly")
Maintained by
Arvid Kingl
[Scholar Profile | Author Map]
All associated links for this package
First Published: 2019-09-04
Latest Update: 2019-09-04
Description:
Calculates the Kelly criterion (Kelly, J.L. (1956) ) 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.
How to cite:
Arvid Kingl (2019). RKelly: Translate Odds and Probabilities. R package version 1.0, https://cran.r-project.org/web/packages/RKelly. Accessed 07 Mar. 2026.
Previous versions and publish date:
No previous versions
Other packages that cited RKelly R package
View RKelly citation profile
Other R packages that RKelly depends, imports, suggests or enhances
Complete documentation for RKelly
Functions, R codes and Examples using the RKelly R package
Some associated functions: chance_to_draw_n_games . chance_to_win_n_games . kelly_back_dec . kelly_criterion . kelly_lay_dec . 
Some associated R codes: probability_functions.R .  Full RKelly package functions and examples
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