Can someone explain the Kelly Criterion method?

[5 star bomb]

Thanks

[smitch124]

Justin's video a good place to start

[AgainstAllOdds]

Its purpose or how to do it? I dont have the patience to show you how to do it but its most basic purpose is to bet the proper % of you bankroll in correlation to you edge %.


If im wrong someone correct me.

[MonkeyF0cker]

There is a forum called the Think Tank here where there are plenty of threads related to Kelly. You can look but don't touch. Please.