Originally Posted by redietz View Post
I have read the definition and caveats regarding use of Kelly Criterion, all of which are available if you simply Google it.
In other words, you never read Kelly's original paper.

To prove you at least Googled it, tell us the Kelly bet for a 56% handicapper laying -110 with a bankroll of $10k? Then what is his bankroll after winning 56 and losing 44 sequential Kelly bets? What is his bankroll after 40 seasons of this?