Re: Reasons for Kelly

Posted by Bisser on July 13, 1997 at 12:30:09: In Reply to: Reasons for Kelly posted by Grimy Fellow on July 12, 1997 at 09:16:26:

I am totally confused by 2. If I am making bets at positive expectation, then I am expected to win! How can I be expected to lose? I guess when you write "expected to lose" you don't mean the total expected value of my bets but something else. Can you please explain this in more detail...

Thanks!
Bisser

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Follow Ups:

• Re: Reasons for Kelly Grimy Fellow 07:53:29 7/15/97 (2)
  • Re: Reasons for Kelly Bisser 12:31:25 7/15/97 (1)
    • Re: Reasons for Kelly Pete Moss 13:39:57 7/15/97 (0)
• Re: Reasons for Kelly David D'Aquin 16:46:39 7/13/97 (18)
  • Re: Reasons for Kelly Bisser 11:17:26 7/14/97 (17)
    • Re: Reasons for Kelly Pete Moss 17:10:05 7/14/97 (16)
      • Isn't log($) arbitrary? Thicko 04:02:09 7/15/97 (13)
        • Re: Isn't log($) arbitrary? Pete Moss 13:24:50 7/15/97 (1)
          • P.s. (Re: Isn't log($) arbitrary?) Pete Moss 13:27:33 7/15/97 (0)
        • Re: This is the million dollar question! Bisser 12:22:53 7/15/97 (10)
          • Re: This is the million dollar question! David D'Aquin 17:48:55 7/15/97 (2)
            • Re: This sounds like a great reason to use Kelly... Bisser 18:08:48 7/15/97 (1)
              • Re: This sounds like a great reason to use Kelly... David D'Aquin 21:06:55 7/15/97 (0)
          • Re: This is the million dollar question! Pete Moss 13:32:04 7/15/97 (6)
            • Re: This is the million dollar question! Bisser 17:00:45 7/15/97 (5)
              • Re: This is the million dollar question! Pete Moss 19:23:43 7/15/97 (4)
                • Re: E(log G) or E(G) Bisser 20:20:09 7/15/97 (3)
      • Re: Reasons for Kelly Bisser 20:06:48 7/14/97 (1)
        • Re: "bet" or "bad" Bisser 20:58:47 7/14/97 (0)

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