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2.03%. Betting less than 20% will have a lower average return, e.g. betting 10% will provide an average 1.5% increase. Betting over 38% percent will result in losing money over time.
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The following pages on the
English Knowledge use this file (pages on other projects are not listed):
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Example of the optimal Kelly betting fraction, versus expected return of other fractional bets.
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I, the copyright holder of this work, hereby publish it under the following license:
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