KewlJ
Well-Known Member
Ok, I gotta comment about something at BJTF today, and no it's not the gay guy stirring the pot, pretending to be a sock of me. I don't care about that, although if he really lives in Las Vegas and is young and gay.... Nevermind, just cabin fever and being cooped up too long getting to me. 
Ok, what I found a little disturbing was the "acceptable RoR" thread. Usually reliable Jabberwocky posted "Full Kelly means your top bet is .075 of your total playing bank".
Couple of things wrong with this actually. Besides the decimal being wrong, he completely left off the part of the formula about x advantage. That would not be the TOP bet (if the decimal was right), it would be the wager at a 1% advantage.
Don kind of pointed out that this was an error but didn't correct it. My guess is he wanted to see who else would notice. But I mean this appears to be a newer player looking for reliable information. Do we really want this misinformation to sit out there. I mean I guess it isn't like he is going to go running off to the casino today.
But still, Isn't somebody going to correct this.
Ok, what I found a little disturbing was the "acceptable RoR" thread. Usually reliable Jabberwocky posted "Full Kelly means your top bet is .075 of your total playing bank".
Couple of things wrong with this actually. Besides the decimal being wrong, he completely left off the part of the formula about x advantage. That would not be the TOP bet (if the decimal was right), it would be the wager at a 1% advantage.
Don kind of pointed out that this was an error but didn't correct it. My guess is he wanted to see who else would notice. But I mean this appears to be a newer player looking for reliable information. Do we really want this misinformation to sit out there. I mean I guess it isn't like he is going to go running off to the casino today.
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