Betting Engine

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README.md

Election Betting Engine

Overview

This betting engine is a Python simulation that mimics betting on election outcomes. It allows users to place bets, calculates odds dynamically, and determines winnings after the election results.

Features

  • ElectionOutcome: Enumerates possible election results.
  • Election: Tracks total bets for each outcome.
  • Bet: Represents an individual bet with user, outcome, and amount.
  • BettingSystem: Manages bets, computes odds, and settles winnings.

Usage

Run the main() function to simulate the betting process, place bets on TRUMP_WIN or BIDEN_WIN, view the calculated odds, and determine the winnings post-election.

Installation

Clone the repository and run python election_betting_engine.py to start the simulation.


Betting Engine

This Python betting engine allows users to simulate election outcomes, offering functionality to place bets, compute odds, and determine winnings. It includes classes for tracking election bets, assessing odds, and allocating winnings post-election, encapsulating the complexities of a betting system.




Sections & Definitions:


1. Import Section

This block imports necessary libraries and modules for creating the betting engine



2. ElectionOutcome Class Definition

An enumeration defining the possible winners of an election.



3. Election Class Definition

Represents the event being bet on, tracking total bets for each outcome.



4. Bet Class Definition

A single bet, including the bettor's identity, chosen outcome, and bet amount.



5. BettingSystem

Manages betting operations, calculates odds, and settles bets based on the election results.



Main Function


Output