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Re:Kelly Criterion by dragonwriter on Friday April 16, 2021 @03:55PM (#26838403)
All those sources of uncertainty of the actual probabilities are, while in some cases not typical of a real coin (although uncertainty about actual bias one has been informed of certainly is), fairly typical all of real-world situations in which people face, so I’m not at all certain that that invalidates any application of the results to real-world situations.

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