kelly criterion and table limits
December 5th, 2019 at 12:50:00 PM
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Hey everyone,
I hope someone can help me with kelly criterion.
I need to compare 2 different casino games.
For example, 1st game have $200 max bet and 1% player edge, but based on kelly criterion the maximum growth rate is $900 bet.
2nd game have $500 max bet and 0.5% player edge, but the maximum growth rate is $600 bet.
Std dev equal for both game.
What's the game give me the maximum bankroll growth? How to compare games with different EV?
I hope someone can help me with kelly criterion.
I need to compare 2 different casino games.
For example, 1st game have $200 max bet and 1% player edge, but based on kelly criterion the maximum growth rate is $900 bet.
2nd game have $500 max bet and 0.5% player edge, but the maximum growth rate is $600 bet.
Std dev equal for both game.
What's the game give me the maximum bankroll growth? How to compare games with different EV?
