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-   -   So Am I A NIt? (http://archives1.twoplustwo.com/showthread.php?t=415842)

FabledHero 06-02-2007 07:53 AM

Re: So Am I A NIt?
 
I think risking 20% is a good all around amount.

derick 06-06-2007 01:47 PM

Re: So Am I A NIt?
 
[ QUOTE ]


A. How much do you think I would REALLY bet as a percentage of my bankroll?


[/ QUOTE ]


You will bet full Kelly.

For example if you have a 40% edge you bet 40% of your bankroll.

You won't bet much less than half Kelly in any event.


[ QUOTE ]



B. What proportion of all 100K to 10 Mil Americans would bet a higher proportion of their bankroll (lets also elimate those with pressing expenses)?

[/ QUOTE ]

I don't know about Americans but for Canadians my guess is 5% will bet much more than full Kelly.

15% will be around Kelly to half Kelly.

Anyone who bets much less than half Kelly is a nit... My guess 80% of the population is probably a nit.

The above stats are just made up guesses...

LiveNow 11-26-2007 01:37 AM

Re: So Am I A NIt?
 
oh hay there!

David Slongsky 11-26-2007 01:59 AM

Re: So Am I A NIt?
 
[ QUOTE ]
[ QUOTE ]
Needs more beedogs imo, do you see why?

http://beedogs.com/index_files/image002.jpg

[/ QUOTE ]

lmfao


Bee Dog ftw

[/ QUOTE ]

EWS87 11-26-2007 02:03 AM

Re: So Am I A NIt?
 
sick lock on the did david get hacked thread

genius55 11-26-2007 02:04 AM

Re: So Am I A NIt?
 
man sklansky is posting alot

Golfdish 11-26-2007 02:24 AM

Re: So Am I A NIt?
 
50% works for me.

dhg223 11-27-2007 05:13 PM

Re: So Am I A NIt?
 
I'll take 7/5 on my life.

imabigdeal 11-27-2007 05:58 PM

Re: So Am I A NIt?
 
sklansky how bored have you been lately?

newhizzle 11-27-2007 06:08 PM

Re: So Am I A NIt?
 
100k and 10 mil are two very different numbers

if i have 100k ill bet 100 percent without thinking twice

if i have 1 mil, id probably bet like a quarter of it, still leaving me pretty comfortable if i lose, id bet less cuz its a lot harder to rebuild

if i have 5 mil, id probably bet like 20%, iof i lose i still got 4 mil who cares

if i have 10 mil id actually probably bet half, i might go on tilt for a whi;e if i lose the bet, but really its worth the risk as i dont need more than 5 mil to be set living comfortably for life and its a huge +ev bet

but im a [censored] sicko


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