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Reverted edits by OrwellFaradd (talk) to last revision by Intergalactyc
Line 785: Line 785:  
     <ref Name="OptimalBet">The optimal bet can be calculated using the Kelly criterion for bet sizing:<samp>
 
     <ref Name="OptimalBet">The optimal bet can be calculated using the Kelly criterion for bet sizing:<samp>
 
     <br/>Proportion to bet = Chance of Winning - (Chance of Losing / Profit Margin on Win).
 
     <br/>Proportion to bet = Chance of Winning - (Chance of Losing / Profit Margin on Win).
     <br/>Proportion to Bet = (23 / 30) - ((7 / 30 ) / 2)
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     <br/>Proportion to Bet = (23 / 30) - ((7 / 30 ) / 1)
     <br/>Proportion to Bet = 65%</samp></ref>
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     <br/>Proportion to Bet = 53.3%</samp></ref>
 
</references>
 
</references>
  
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