manifold/web/lib/calculation/contract.ts

67 lines
1.8 KiB
TypeScript

import { Bet } from '../firebase/bets'
import { Contract } from '../firebase/contracts'
export function getProbability(pot: { YES: number; NO: number }) {
const [yesPot, noPot] = [pot.YES, pot.NO]
const numerator = Math.pow(yesPot, 2)
const denominator = Math.pow(yesPot, 2) + Math.pow(noPot, 2)
return numerator / denominator
}
export function getProbabilityAfterBet(
pot: { YES: number; NO: number },
outcome: 'YES' | 'NO',
bet: number
) {
const [YES, NO] = [
pot.YES + (outcome === 'YES' ? bet : 0),
pot.NO + (outcome === 'NO' ? bet : 0),
]
return getProbability({ YES, NO })
}
export function getDpmWeight(
pot: { YES: number; NO: number },
bet: number,
betChoice: 'YES' | 'NO'
) {
const [yesPot, noPot] = [pot.YES, pot.NO]
return betChoice === 'YES'
? (bet * Math.pow(noPot, 2)) / (Math.pow(yesPot, 2) + bet * yesPot)
: (bet * Math.pow(yesPot, 2)) / (Math.pow(noPot, 2) + bet * noPot)
}
export function calculateWinnings(
contract: Contract,
bet: Bet,
outcome: 'YES' | 'NO' | 'CANCEL'
) {
let { dpmWeights, pot } = contract
const { amount, outcome: betOutcome, dpmWeight } = bet
if (outcome === 'CANCEL') return amount
if (!dpmWeights) {
// Fake data if not set.
dpmWeights = { YES: 100, NO: 100 }
}
// Fake data if not set.
if (!pot) pot = { YES: 100, NO: 100 }
return betOutcome === outcome
? 0.98 *
(dpmWeight / dpmWeights[outcome]) *
pot[outcome === 'YES' ? 'NO' : 'YES'] +
amount
: 0
}
export function currentValue(contract: Contract, bet: Bet) {
const prob = getProbability(contract.pot)
const yesWinnings = calculateWinnings(contract, bet, 'YES')
const noWinnings = calculateWinnings(contract, bet, 'NO')
return prob * yesWinnings + (1 - prob) * noWinnings
}