4 ms·

Who said anything about raising bets?

• theoracle101 11y ago
  The optimal betting strategy would be to "invest" a fractional percentage of your bankroll. See the kelly criterion from above. Not doing so is suboptimal
  • amouat 11y ago
    Sure. But you said "This is not true at all and a common fallacy". In fact, it is quite possible to reliably win when the odds offered are better than the actual odds. I guess we're just talking over each other - you made an assumption that I don't believe was clear from the context.