Ahh, Kelly criterion, correct?
...
*looks up Kelly criterion*
That’s definitely a related result. (So related, in fact, that thinking about the +EV slots the other day got me wondering what the optimal fraction of your wealth was to bid on an arbitrary bet—which, of course, is just the Kelly criterion.)
Ahh, Kelly criterion, correct?
...
*looks up Kelly criterion*
That’s definitely a related result. (So related, in fact, that thinking about the +EV slots the other day got me wondering what the optimal fraction of your wealth was to bid on an arbitrary bet—which, of course, is just the Kelly criterion.)