33 ms·
My reading is different, it’s more "together with the kelly criterion or a weaker version of it, you can say it doesn’t matter if you do". This is still "eh may
by Semaphor 4y ago
My reading is different, it’s more "together with the kelly criterion or a weaker version of it, you can say it doesn’t matter if you do". This is still "eh maybe I’ll be lucky" and not "it’s mathematically sensible" because
> What it means is that you would have to play the game for thousands of years with the jackpot being greater than 117 million each time in order to realize a positive expected return.