Roulette Wheel Game

Discussion in 'Trading' started by JB3, Feb 12, 2016.

  1. Yes, the OP needs to relax the requirement that the bet size is fixed at the size of the account. Once this requirement is dropped, we can talk about Kelly, optimal F, leverage space, Sharpe, mean-variance, growth-optimality, probability of the shortfall, risk aversion, common utility functions (quadratic, logarithmic, exponential), and all other good stuff related to the problem at hand.
     
    Last edited: Feb 17, 2016
    #41     Feb 17, 2016
    IAS_LLC likes this.
  2. Mysteron

    Mysteron

    This clarifies the game for me, so I wouldn't play unless the bet size was reduced.

    Image1.png Image2.png
     
    Last edited: Feb 21, 2016
    #42     Feb 21, 2016