Yes, I got down to the Nash Bargaining part which is a bit harder and got confused again, but this helped as a very simple math intuition for why to Kelly Bet, if not how to calculate it in most real world betting situation.
Yes, I got down to the Nash Bargaining part which is a bit harder and got confused again, but this helped as a very simple math intuition for why to Kelly Bet, if not how to calculate it in most real world betting situation.