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Uh do you mean "bet 0% of your wealth every time"? Or does betting some number greater than 0% lead to net positive expected gains for an individual?


Kelly criterion defines the optimum ratio.


The Kelly Criterion, in this case, suggests that the optimum bet size is ~25% of your wealth.

Making 4 separate bets in each round with 25% of your wealth produces the following results:

Investors: 100,000 Iterations: 100 Portfolio size: 4

Avg wealth: $130.041 Median wealth: $11.6259

Winners: 85,902 Investestors worth < $0.01: 119

Max wealth: $86,177.5 heads: 241 tails: 159




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