Half Kelly Growth Rate

[cuts you up]

I read that using half Kelly your BR will grow at 3/4 the rate it will at full Kelly. I researched every entry in the index for Kelly in BJA3 and could not find an answer to this question. With half Kelly you should be getting about half the money on the table that you do with full Kelly, how then can you grow your BR at 3/4 the rate when your win rate is a direct percentage of the money you get into play?

[DSchles]

I read that using half Kelly your BR will grow at 3/4 the rate it will at full Kelly. I researched every entry in the index for Kelly in BJA3 and could not find an answer to this question. With half Kelly you should be getting about half the money on the table that you do with full Kelly, how then can you grow your BR at 3/4 the rate when your win rate is a direct percentage of the money you get into play?

Yes, you're right. No such discussion in BJA3.

Without getting into more complicated math, the 3/4 growth rate is correct and relates to the fact that the formula for such growth rate is not linear, but rather logarithmic.

Don

[cuts you up]

Thanks. I am digging into BJA3 but may need to take math courses at night to get the most out of it. A great piece of work, very comprehensive.