2 ms·
The Kelly criterion[1] is a good starting point. When it was run as an experiment, a game with a .6 player edge had 28% of players go bust. [1] https://en.m.wi
by User23 5y ago
The Kelly criterion[1] is a good starting point. When it was run as an experiment, a game with a .6 player edge had 28% of players go bust.
[1] https://en.m.wikipedia.org/wiki/Kelly_criterion https://en.m.wikipedia.org/wiki/Kelly_criterion
- willhinsa 5y agoAnd just to add: > If the bettors had followed the Kelly bet, 94% of the participants would have been expected to reached the cap [of $250 after starting from $25]