News for hackers. Stuff that matters.

A comment on Kelly Criterion – how to calculate optimal bet sizes. Parent comment

Re:Kelly Criterion – how to calculate optimal bet sizes by anonymoushn on Thursday June 10, 2021 @01:35AM (#27457085)
You don't have a 1/4 chance of losing all your money if you repeatedly bet half of it on the trillion-to-one coin flip.
[ Parent | on HN ]

There are no comments on this comment yet.