Quote:
Originally Posted by 3put
This is true when there is a max risk amount.
However, most A+ books use a max base amount.
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I'm not sure I'm understanding you here.
Obviously, for a given edge there's one-to-one correspondence between a "base" amount and a risk amount, so if a book quotes you a max base that's no different from quoting a max risk.
Quote:
Originally Posted by 3put
In this case there is no fixed rule, but I think that when comparing bets with equal edge you must bet the bigger of the Kelly stake for the maximum bet in order to minimize the expected bankroll growth.
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I'm not following you at all.