Hi Don,

A two part question.

Does NO consider fixed bets or optimal resizing bets?

From an article by Brett Harris:

For a given ratio of max bet to min bet, a spread can be found which maximises the log growth of the bankroll, this corresponds to the spread which minimises the ratio of VAR/EV^2=NO for the entire system, with the growth rate given by G = 1 + 1/(2*NO).

I don't quite follow the second equation:
G = 1+1/(2*N0)

Is this the growth rate when betting optimally (resizing)?
Can you give an example using the formula with a NO of 14,000?

Thanx for your time
good cards