Re:The Kelly criterion: How to size bets (2019)
by paulgb on Tuesday February 08, 2022 @09:08PM
(#30267767)
This depends on the distinction between a player having infinite plays (in which case the optimal strategy is to bet their minimum infinity times), and the player having a finite number of plays but considering the optimal play as that finite number of plays approaches infinity. It's not intuitive, and in retrospect, I think I could have explained it better in the post.
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