But the Kelly criterion does not maximize the log of the expected value of the bankroll. It maximizes the expected value of the log of the bankroll. The way to maximize the log of the expected value of the bankroll is to take all of the bets with all of your money.
But the Kelly criterion does not maximize the log of the expected value of the bankroll. It maximizes the expected value of the log of the bankroll. The way to maximize the log of the expected value of the bankroll is to take all of the bets with all of your money.