Get Sequence of Coin Tosses and corresponding payouts
Usage
coin_toss_seq(
rounds = 1,
heads_prob = 0.5,
starting_capital = 100,
heads_factor = 2,
tails_factor = 0.5,
min_bet = 0,
max_payout = Inf,
betting_fraction = 1,
insurance_payoffs = c(0, 1),
use_insurance = FALSE,
insurance_cost = 0.1
)
Arguments
- rounds
Number of rounds to simulate
- heads_prob
Probability of heads
- starting_capital
Initial amount of money
- heads_factor
Factor to multiply bet by if heads
- tails_factor
Factor to multiply bet by if tails
- min_bet
Minimum bet
- max_payout
Maximum payout
- betting_fraction
Fraction of funds to bet
- insurance_payoffs
a list of the payoffs for insurance, one for each side of the coin
- use_insurance
Whether to use insurance
- insurance_cost
Cost of insurance