> The problem is kelly deals with binary results, Incorrect. https://entropicthoughts.com/the-misunderstood-kelly-criterion https://entropicthoughts.com/the-mi

> The problem is kelly deals with binary results, Incorrect. https://entropicthoughts.com/the-misunderstood-kelly-criterion https://entropicthoughts.com/the-misunderstood-kelly-criteri... The Kelly criterion generalises just fine to continuous, simultaneous, complicated allocations. All it takes is a list of actions which we are choosing from (and these can be compound actions with continuous outcomes) and the joint probability distribution of wealth outcomes after each action.