evaluate_price
Calculate fair odds, expected value, margin-adjusted threshold, and scaled Kelly stake by comparing a betting price to your own probability.
Instructions
Judge a price against your own probability: fair odds, EV, minimum odds and a scaled Kelly stake.
Args: probability: your probability for the outcome, e.g. 0.55 (not 55) odds: the decimal price on offer, e.g. 1.90 margin_pct: how much better than fair a price must be before you take it kelly_fraction: stake scaling; 0.25 means quarter Kelly
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| odds | Yes | ||
| margin_pct | No | ||
| probability | Yes | ||
| kelly_fraction | No |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| result | Yes |