2 out of 2 members found this post helpful.
Did you find this post helpful?
Yes |
No
Originally Posted by
Sonny
Don't forget about the variance! (Or average squared result, as some prefer)
0.5 * advantage / variance * bankroll
-Sonny-
You're misunderstanding. He accounted for the variance for full Kelly by multiplying by 0.7.
Don
Bookmarks