Quick Kelly Question

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  • roasthawg
    SBR MVP
    • 11-09-07
    • 2990
    #1
    Quick Kelly Question
    What's the correct way to handle push probability with Kelly.... if there's a 20% chance of winning, a 70% chance of pushing, and a 10% chance of losing should you use 66.7% chance of winning and 33.3% chance of losing for Kelly?
    Tags: None
    • Data
      SBR MVP
      • 11-27-07
      • 2236
      #2
      For a single bet, yes.
        Comment
        • roasthawg
          SBR MVP
          • 11-09-07
          • 2990
          #3
          Perfect, thanks.
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