G Garo Well-Known Member Jan 12, 2005 #1 I know that if you bet double the kelly bet you will eventually reach a bankroll of zero, but is this 3/4 kelly, 1/2 kelly, or 1/4 kelly?
I know that if you bet double the kelly bet you will eventually reach a bankroll of zero, but is this 3/4 kelly, 1/2 kelly, or 1/4 kelly?
T The Mayor Well-Known Member Jan 12, 2005 #2 Full... The Theorem is that if you are playing from a bankroll and your bet size is always at least 2xkelly (kelly being full kelly from that bankroll) then you will go broke with probability 1.
Full... The Theorem is that if you are playing from a bankroll and your bet size is always at least 2xkelly (kelly being full kelly from that bankroll) then you will go broke with probability 1.
