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Thread: expenses, risk & kelly betting

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    expenses, risk & kelly betting

    Is it possible to factor expenses into your calculations about busting, doubling etc.? It seems to me that half kelly betting could be riskier than full kelly depending on expenses.

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    Quote Originally Posted by Meistro123 View Post
    Is it possible to factor expenses into your calculations about busting, doubling etc.? It seems to me that half kelly betting could be riskier than full kelly depending on expenses.
    there is a whole bunch on this in the archives over on Wong's site written by the late Mike Canjar (Mathprof).

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