Example of the optimal Kelly betting fraction, versus expected return of other fractional bets.
What's the optimal stake size for sports betting? How is it calculated?
Kelly Criterion: Determine how much you should bet
The Kelly Criterion tells you how much of your bankroll to bet.
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We look at the general kelly criterion result here, where we can deal with bets of any odds.Before we were able to say how much to bet tooptimise the expecte ...
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