A Biiiiig 10%
Sharky said:
your post implies a 2.0 to 2.2% increase, when in fact he agrees it is a 10% improvement...perhaps saying "going from a 2.0 to a 2.2% increase using..." would have been clearer
I still say 2.0% to 2.2% is misleading vs stating a 10% improvement, though they are the same thing. We can disagree. However, I will say this is one reason SCORE became popular because it's easier to see differences in $, which I also pointed out.
isn't your "swells to 20% if using resizing" extremely biased? is there any benefit in resizing any level count, or just multi?
The 10% improvement is very misleading because it assumes one is betting the same thing with both counts. It has one underbetting the superior count.
With a 10g kelly flat betting bank (not considering variance):
With hi lo you bet $200 with a 2% advantage = expectation of $4
with Halves you bet $220 with a 2.2% advantage = expectation of $4.84
Is the above approx 17.35%? and this is for a non resizing bank.
With just kelly flat betting the difference swells from 10% to approx 20%
(17.35%). Now if one resizes their bets based on wins and losses the difference above grows larger over time. Think compound interest.
So in reality what happens is:
With the higher level count you bet more at higher advantages.
With resizing that difference compounds.
Probably most players have resized their bank with wins and losses.
If one can count hi lo and halves in under 30s, which one should they use?
good cards
:joker::whip: