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 Iām not at all certain that that invalidates any application of the results to real-world situations.
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