I read about this on HN and then lost it for months when I wanted to apply it to a crappy game on a random discord server.
The game lets you bet on chicken fights and tells you the probability your chicken will win (starts at like 62% chance to win), so this kelly criterion is perfect. It's a bit incredible how reliable it is.
The game lets you bet on chicken fights and tells you the probability your chicken will win (starts at like 62% chance to win), so this kelly criterion is perfect. It's a bit incredible how reliable it is.