Hrrrm, another way then is to look at your actual RoI, and use that to derive an average stake size. If you're producing 4% RoI, then stakes of 2.1% roughly equate to half-Kelly. That's quite...
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Hrrrm, another way then is to look at your actual RoI, and use that to derive an average stake size. If you're producing 4% RoI, then stakes of 2.1% roughly equate to half-Kelly. That's quite...
The Kelly optimal stake with multiple bets is actually a reduced stake on each. It's not worth bothering about for most players, but 15 plays at once is a lot, so it's quite important for you.
See...