I would like to start an educational thread on rec.gambling to answer the question, “Whats the `optimal wager in a given favorable situation?”
To start off, in this article I supply a bibliography of Kelly criterion related literature. I highly recommend Michael Dalton’s “Blackjack: A Professional Reference” as a means of doing just this sort of literature search, though it has a lot of room for improvement. It also supplies a basic blackjack dictionary; unfortunately, in this case the definition of Kelly criterion is too simplistic for our needs. I don’t have very many of the references below, unfortunately. But maybe *you* have some of them and can post a summary of the optimal wagering information… Following each reference, I have listed the source of the reference in brackets. If the source is me I list it as: {Me} Dalton, Michael, “Blackjack: A Professional Reference”, Spur of the Moment Publishing, 1991. – Simplistic definition of Kelly criterion, plus several references. {Me} Epstein, R.A., Theory of Gambling and Statistical Logic. New York: Academic Press, rev. 1977… There is a wealth of… gambling and probabilis
Related Questions
- Can a manager accept an alternative to education when requesting higher than the minimum educational standard for a given occupational group?
- I would like to start an educational thread on rec.gambling to answer the question, "Whats the `optimal wager in a given favorable situation?"
- Where did Special educational needs come from!!?
