View Single Post
  #73  
Old 10-12-2007, 11:39 AM
TomCowley TomCowley is offline
Senior Member
 
Join Date: Sep 2004
Posts: 354
Default Re: Huge Value On THE TRIBE

The only danger in full kelly is that you're continually overestimating your edges. If you make a conservative estimate of your edge, and you have a realistic definition of your bankroll (rent due in 3 days is not part of your bankroll), failing to bet full kelly when possible is like hating money.
Reply With Quote