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Yeah, I'd go with that - if I had to guess I'd say 95%+. Obviously no staking system can help them (well aside from results suggesting they are -EV, then Kelly says not to stake at all!).



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It'll help losing players that are +EV but -EG though, by definition (ie those making good bets but drastically over-staking). That seems to be rather a lot of people.

The simulation: you can...

This has been a common response to Kelly for decades, with the assumption being that the flaw is merely overcome with sufficient accuracy. In other words: that your average estimate error is not...

That's a basic element of Kelly staking: it provides the maximal level of bankroll growth, but stake beyond that and it drops. Bet double the Kelly stake and your expected bankroll growth (aka +EG)...