70 lines
2.0 KiB
TypeScript
70 lines
2.0 KiB
TypeScript
import { Bet } from '../firebase/bets'
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import { Contract } from '../firebase/contracts'
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const fees = 0.02
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export function getProbability(pool: { YES: number; NO: number }) {
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const [yesPool, noPool] = [pool.YES, pool.NO]
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const numerator = Math.pow(yesPool, 2)
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const denominator = Math.pow(yesPool, 2) + Math.pow(noPool, 2)
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return numerator / denominator
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}
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export function getProbabilityAfterBet(
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pool: { YES: number; NO: number },
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outcome: 'YES' | 'NO',
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bet: number
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) {
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const [YES, NO] = [
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pool.YES + (outcome === 'YES' ? bet : 0),
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pool.NO + (outcome === 'NO' ? bet : 0),
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]
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return getProbability({ YES, NO })
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}
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export function calculateShares(
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pool: { YES: number; NO: number },
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bet: number,
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betChoice: 'YES' | 'NO'
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) {
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const [yesPool, noPool] = [pool.YES, pool.NO]
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return betChoice === 'YES'
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? bet + (bet * noPool ** 2) / (yesPool ** 2 + bet * yesPool)
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: bet + (bet * yesPool ** 2) / (noPool ** 2 + bet * noPool)
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}
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export function calculatePayout(
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contract: Contract,
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bet: Bet,
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outcome: 'YES' | 'NO' | 'CANCEL'
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) {
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const { amount, outcome: betOutcome, shares } = bet
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if (outcome === 'CANCEL') return amount
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if (betOutcome !== outcome) return 0
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let { totalShares } = contract
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// Fake data if not set.
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// if (!totalShares) totalShares = { YES: 100, NO: 100 }
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const startPool = contract.startPool.YES + contract.startPool.NO
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const pool = contract.pool.YES + contract.pool.NO - startPool
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return (1 - fees) * (shares / totalShares[outcome]) * pool
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}
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export function resolvedPayout(contract: Contract, bet: Bet) {
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if (contract.resolution)
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return calculatePayout(contract, bet, contract.resolution)
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throw new Error('Contract was not resolved')
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}
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export function currentValue(contract: Contract, bet: Bet) {
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const prob = getProbability(contract.pool)
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const yesPayout = calculatePayout(contract, bet, 'YES')
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const noPayout = calculatePayout(contract, bet, 'NO')
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return prob * yesPayout + (1 - prob) * noPayout
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}
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