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Originally Posted by
MJ1
EV is greater with 33% RoR than 13.5% RoR so how can you say the latter will grow your bankroll faster? How do you define what is 'optimal'? EV and RoR are mutually exclusive, no?
Instead of arguing, you would do well to read about the Kelly criterion and optimal bankroll management. It isn't like there isn't a wealth of material on the subject on the internet.
EV might be greater with 100% ROR also, no? Don't you understand that your bankroll grows as a function of TWO simultaneous concepts -- both e.v. and variance -- and not just one of those functions?
Don
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