Paul is not Ajeya, and also Eliezer only gets one bit from this win, which I think is insufficient grounds for behaving like such an asshole.
Buying at 12% and selling at 84% gets you 2.8 bits.
Edit: Hmm, that’s if he stakes all his cred, by Kelly he only stakes some of it so you’re right, it probably comes out to about 1 bit.
Paul is not Ajeya, and also Eliezer only gets one bit from this win, which I think is insufficient grounds for behaving like such an asshole.
Buying at 12% and selling at 84% gets you 2.8 bits.
Edit: Hmm, that’s if he stakes all his cred, by Kelly he only stakes some of it so you’re right, it probably comes out to about 1 bit.