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MJ: CVCX Question: Optimal betting
Suppose I set the kelly-factor to 0.5, and then adjust minimum chip size to $25. The ROR now jumps up to 20.3%, even though the k-f is set at 0.5. Does this mean that the k-f is affectively 1.25? Would this still be considered as "optimal" betting?
Also, why does CE become -$24? I thought CE is 50% of EV.
See link below.
Thanks,
MJ
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