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Old 10-15-2007, 09:24 PM
daveT daveT is offline
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Join Date: Jun 2005
Location: disproving SAGE
Posts: 2,458
Default Re: Why You Shouldnt Play HUSNG with 20 Buyins

Forgot about Kelly Criterion. The problem I have with it, and I believe TNixon's theory closely resembled full Kelly. Is that you are not able to know if your numbers will be true. It is a different ball-game than Economics, where your expectations can be calculated with more accuracy.

I have several WRs: 2,5,6,10,11,20, my over-all for turbos, my over all for regulars, and my over-all. Even if I decided to use strictly my WR for regulars, because of my sample size, I am not able to determine what my real WR is. I know that my over-all does not reflect what should be happening. But most importantly, I cannot determine what will happen to the WR when I move up to the next level. I could do some number finagling and just assume that I am winning 53% to show the absolute max I need.. interesting.
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