Comment by jedberg
4 years ago
Sadly this only works in games with a positive expected outcome, so it's not actually useful in a casino unless you're a card counter.
4 years ago
Sadly this only works in games with a positive expected outcome, so it's not actually useful in a casino unless you're a card counter.
Nah, you just use the technique to conclude that the optimal percentage of your bankroll to bet to maximize expected logarithmic wealth is 0% ;)
Ok, fair point. :)