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Kelly Criterion – how to calculate optimal bet sizes
So, you’ve probably heard of the Kelly Criterion in the context of gambling or maybe also in the context of investing. When gamblers talk about the Kelly Criterion they are often referring to the idea of sizing your bets, which is the very intuitive idea that if you bet too much of a percentage of your total wealth…
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- 272
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Math & AlgorithmsTech Industry & Business2021
On Hacker News
| Submitted | Title on HN | Points | Comments |
|---|---|---|---|
| Jun 8, 2021 | Kelly Criterion – how to calculate optimal bet sizes by fernandohur | 272 | 129 |
