vp_wiz wrote: "Bottom line, I'm suggesting that never exceeding a kelly bet (assuming that your primary goal is bankroll growth) isn't a sound strategy."
There are plenty that would disagree with you.
vp_wiz wrote: "But under that goal, I think playing 120% of kelly is advantageous over the alternate of 60%."
Very few people would advocate overbetting Kelly. There is a reason.
vp_wiz wrote: "Generally, I'm going to look to keep my wager at 40%-80% of kelly, where my own gut comfort of play volatily and ROR is a more important driver. I grasp what I sacrifice in exchange."
Actually, you are playing Kelly and don't even know it. The use of half Kelly is pretty standard, again there are reasons.
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Posted by: nightoftheiguana2000@yahoo.com
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