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Re:Kelly Criterion by bscphil on Friday April 16, 2021 @12:46PM (#26836186)
That's not a guarantee for any number of flips. For example, if you only flipped the coin one time, what does "60% of the time" even mean in that context? As your other replies have indicated, this is getting at the long-run frequency, meaning as you flip the coin more and more times, approaching infinity, the number of heads approaches 60%.

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