[vpFREE] Re: Kelly Bankroll Question: Can this be right?

 

So you're saying double a royal ($4000) is fine for a bankroll to play?
I actually CAN bet 11 units on a 25c denom, if that would be the 100% optimal size (it would just mean I'd have to calculate out differently as I want to play EXACTLY $20k coin in per month)

--- In vpFREE@yahoogroups.com, "nightoftheiguana2000" <nightoftheiguana2000@...> wrote:
>
In the ideal situation you would always bet half your bankroll divided by the Kelly number. If that isn't an allowed bet size, bet the next lower valid size. So, for example, if your current bankroll is $4,000 , half is $2,000 , divided by the Kelly of 723 is $2.77, so that would likely be a 50c five coin bet of $2.50 but it could be a 25c 11 coin bet if that bet is available. Dividing your bankroll by two is the conservative Kelly system.

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