Re: Simple Kelly Problem
Hi Aaron,
Thanks so much for your thoughtful reply. I was thinking of applying it in a shuffle-tracking situation where I'd be flat-betting the first 3 decks, and then employing a different flat bet (smaller) for the remainder. Upon some analysis, though, it looks like I'll have to develop more precise tracking skills than I have now, in order to find a risk/reward tradeoff that's remotely palatable for a poker player.
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