> If you bet more than that in the long run you will go broke. The optimal bet i... | Hacker News

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		kgwgk on June 26, 2019 \| parent \| context \| favorite \| on: What is ergodicity? (2016) > If you bet more than that in the long run you will go broke. The optimal bet is not the same as the critical bet separating the positive growth and negative growth regions.

yellowstuff on June 27, 2019 [–]

You're correct. Betting more than double the Kelly amount results in negative expected growth:

https://wizardofodds.com/gambling/kelly-criterion/

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