...
*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.)
...
*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.)