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i do like that. now you have me considering the true crux of the problem. i tend to believe the majority of bettors are -EV players. however, more than willing to accept your premise and explore that...

i have no idea what this even means, as you apparently have no idea who claude was.

i appreciate the link and the info.

we know well over 95% of bettors are going to lose, at least kelly helps them do it more slowly i suppose. and if they work hard and reach a level of...

at least have the decency to mention claude shannon during these smarter than thou rants.

completely disagree with this.

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love me some Eddie Thorp

Kelly is flawed because you can never truly calculate your Edge for any single, independent event....