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A comment on Math behind Dope Wars drug trading for profit. Parent comment
If you want to learn more about how to hedge bets, read about things like moment theory or the Kelly criterion.
Also, taking a measure like variance would be much more meaningful than just the spread of the payoff.
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If you want to learn more about how to hedge bets, read about things like moment theory or the Kelly criterion.
Also, taking a measure like variance would be much more meaningful than just the spread of the payoff.