Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
lordnacho
on Feb 23, 2023
|
parent
|
context
|
favorite
| on:
Probability 101, the intuition behind martingales ...
Plug the numbers into the Kelly criterion.
The fraction of your wealth you should bet when the coin is fair and you get paid evens is zero.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
The fraction of your wealth you should bet when the coin is fair and you get paid evens is zero.