kelly betting

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    Optimal Kelly Bet

    2 questions: I understand that if your advantage is 2%, you should be betting 2% of your bankroll for optimal kelly betting for a 13.5% RoR. Or 0.7 of that, or 0.5 of that, or whatever your "kelly criteria" you want to play with is. But that assumes you're betting $0 at any advantage <0%...
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