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A comment on What is ergodicity? (2016). Parent comment

Re:What is ergodicity? (2016) by kgwgk on Wednesday June 26, 2019 @06:06PM (#20289723)
> If you bet more than that in the long run you will go broke.

The optimal bet is not the same as the critical bet separating the positive growth and negative growth regions.

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Re:What is ergodicity? (2016) by yellowstuff on Thursday June 27, 2019 @04:08PM (#20298142)
You're correct. Betting more than double the Kelly amount results in negative expected growth:

https://wizardofodds.com/gambling/kelly-criterion/

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