# Kelly Criterion

TagLast edit: 7 Dec 2020 15:48 UTC by

the Kelly criterion (or Kelly strategy or Kelly bet), also known as the scientific gambling method, is a formula for bet sizing that leads almost surely to higher wealth compared to any other strategy in the long run (i.e. approaching the limit as the number of bets goes to infinity). (Wikipedia)

Posts from elsewhere: The Kelly Coin-Flipping Game: Exact Solutions

# Kelly *is* (just) about log­a­r­ith­mic utility

1 Mar 2021 20:02 UTC
99 points

# Tyranny of the Epistemic Majority

22 Nov 2022 17:19 UTC
189 points

# The Kelly Cri­te­rion in 3D

20 Feb 2021 8:21 UTC
47 points

# The Kelly Criterion

15 Oct 2018 21:20 UTC
101 points
(thezvi.wordpress.com)

# Kelly Bet or Up­date?

2 Nov 2020 20:26 UTC
50 points

# Sim­ple Kelly bet­ting in pre­dic­tion markets

6 Mar 2024 18:59 UTC
38 points
(unstablerontology.substack.com)

# How to Lose a Fair Game

14 Aug 2020 18:41 UTC
36 points

# Why bet Kelly?

15 Nov 2022 18:12 UTC
32 points

# Kelly Cri­te­ria and Two Envelopes

16 Aug 2012 21:57 UTC
11 points

# On Kelly and altruism

24 Nov 2022 23:40 UTC
15 points
(reasonableapproximation.net)

# When and why should you use the Kelly crite­rion?

5 Nov 2023 23:26 UTC
27 points

# Ruin­ing an ex­pected-log-money maximizer

20 Aug 2023 21:20 UTC
27 points
(reasonableapproximation.net)

# Calcu­lat­ing Kelly

22 Feb 2021 17:32 UTC
36 points

# Why Bet Kelly?

29 Nov 2022 18:47 UTC
16 points

# Kelly isn’t (just) about log­a­r­ith­mic utility

23 Feb 2021 12:12 UTC
35 points

# Never Go Full Kelly

25 Feb 2021 12:53 UTC
51 points

# “New­ton’s laws” of finance

21 Jun 2024 9:41 UTC
9 points

# A non-log­a­r­ith­mic ar­gu­ment for Kelly

4 Mar 2021 16:21 UTC
24 points

# Kelly Bet­ting Discussion

12 Mar 2021 0:10 UTC
20 points

# The Geo­met­ric Expectation

23 Nov 2022 18:05 UTC
147 points

# Kelly bet­ting vs ex­pec­ta­tion max­i­miza­tion

28 May 2023 1:54 UTC
35 points

# Kelly Bet on Everything

10 Jul 2020 2:48 UTC
100 points

# Kelly bettors

13 Nov 2018 0:40 UTC
24 points
(danielfilan.com)

# [Question] Gen­er­al­ize Kelly to Ac­count for # Iter­a­tions?

2 Nov 2020 16:36 UTC
24 points

# Gen­er­al­ized Kelly betting

19 Jul 2018 1:38 UTC
15 points

# [Dis­cus­sion] The Kelly crite­rion and con­se­quences for de­ci­sion mak­ing un­der uncertainty

6 Jan 2013 2:14 UTC
9 points

# The Art of the Overbet

19 Oct 2018 14:00 UTC
55 points
(thezvi.wordpress.com)

# Who wants to be a Million­aire?

1 Feb 2019 14:02 UTC
29 points