jacobs wrote: "Actually, the min-cost-royal strategy is optimal for any number of royal
cycles. It minimizes the average drop in bankroll between royals. The number
of royal cycles played doesn't alter that average."
Good point. Any strategy works with the Kelly criterion, it's just a matter of different Kelly numbers. And of course, there is a Kelly optimal strategy.
vpFREE FAQ Strategies http://www.west-point.org/users/usma1955/20228/V/FAQ_S.htm
vpFREE FAQ Strategies http://www.west-point.org/users/usma1955/20228/V/FAQ_S.htm 1 1038.6796 Royal Flush 2 48.8386 Straight Flush 3 24.7133 4/Kind 4 23.7749 4/royal 5 8.9654 Full House 6 5.9856 Flush 7 4.2856 trips 8 3.9942 Straight
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