{
 "cells": [
  {
   "cell_type": "markdown",
   "id": "81215b75-f5f8-4c17-9cd4-08b1b0ed4234",
   "metadata": {},
   "source": [
    "# Kelly Criterion"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 1,
   "id": "1f931497-c1f9-4cb4-969a-058676e42a24",
   "metadata": {
    "tags": []
   },
   "outputs": [],
   "source": [
    "import penaltyblog as pb"
   ]
  },
  {
   "cell_type": "code",
   "execution_count": 7,
   "id": "a558178b",
   "metadata": {},
   "outputs": [
    {
     "data": {
      "text/plain": [
       "np.float64(0.017142857142857158)"
      ]
     },
     "execution_count": 7,
     "metadata": {},
     "output_type": "execute_result"
    }
   ],
   "source": [
    "odds_offered = 2.75\n",
    "true_prob = 0.4\n",
    "fractional_kelly = 0.3\n",
    "pb.kelly.criterion(odds_offered, true_prob, fractional_kelly)"
   ]
  }
 ],
 "metadata": {
  "kernelspec": {
   "display_name": "venv",
   "language": "python",
   "name": "python3"
  },
  "language_info": {
   "codemirror_mode": {
    "name": "ipython",
    "version": 3
   },
   "file_extension": ".py",
   "mimetype": "text/x-python",
   "name": "python",
   "nbconvert_exporter": "python",
   "pygments_lexer": "ipython3",
   "version": "3.13.1"
  }
 },
 "nbformat": 4,
 "nbformat_minor": 5
}