Assume that on one morning I make a total 100 bets with my $100,000 bankroll, each independent of one another, all even money, and I have a 3% edge on all of them. Each bet will be won/lost by the end of the day, and I won't be making any more bets that day. How much should I bet on each assuming I want to maximize growth? What would the bet amount be if I had a 5% edge on all of them?
Assume I can bet on credit, and I will not hit any house limits.
Assume I can bet on credit, and I will not hit any house limits.