Posted by DvBj on August 28, 1997 at 12:29:54: In Reply to: Re: Optimal Betting Question? posted by Richard Reid on August 26, 1997 at 06:40:41:Yes, I figured conditional probability was involved in calculating expected value, and thus optimal betting, but was trying to approach kelly from a different angle.
Well, it turned out the two angles were the same, and I appreciate the posts.