Bob wrote: "Why do you believe I need to make growing a bankroll a top priority in my life?"
You don't at all. Kelly's system only applies if you want to avoid bankruptcy at all costs while maximizing log bankroll growth. If these are non-issues for you, the Kelly system is a poor fit. In particular, if you are willing to deal with some risk of bankruptcy, the Kelly system is too conservative. And if your bankroll is infinite you can even play negative expectation games with no risk assuming a finite lifespan.
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Posted by: nightoftheiguana2000@yahoo.com
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