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Copyright © 2021 Pepijn van der Laan.
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The Kelly formula defines the tipping point between aggressive and suicidal bets

The Kelly formula defines the tipping point between aggressive and suicidal bets

William Poundstone – Fortune’s formula

Despite all mathematical considerations, the prerequisite for a truly successful betting strategy inside knowledge.

Tags Fortune's formula, History, Science, Statistics, William Poundstone

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Copyright © 2021 Pepijn van der Laan.
All rights reserved.