Quote:
Originally Posted by banacek
For you Kelly bettors, the optimal betting fractions for this case are:
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I agree with your calculation, but I would change my wagering strategy to "conditional" based on the toteboard odds.
What I am saying is that although your calculations reveals .10W and .16P I would make my wagering strategy a function of the toteboard odds.
Therefore as the toteboard odds changes I would conditionally adjust my wagering, but not exceeding the 1:1.6 ratio.