In a previous post, I did a simple analysis to determine when you’re likely to make money while playing Acey Deucey. The upshot of that post is basically that there aren’t many good opportunities to bet, so when you get a chance, you have to bet big. The unanswered question from that post is “how much?” If you see a K-2 spread, you know that’s a good time to bet, but what fraction of your bankroll should you bet? This post will set out to answer that question.
Acey Deucey and the Kelly Criterion
Acey Deucey and the Kelly Criterion
Acey Deucey and the Kelly Criterion
In a previous post, I did a simple analysis to determine when you’re likely to make money while playing Acey Deucey. The upshot of that post is basically that there aren’t many good opportunities to bet, so when you get a chance, you have to bet big. The unanswered question from that post is “how much?” If you see a K-2 spread, you know that’s a good time to bet, but what fraction of your bankroll should you bet? This post will set out to answer that question.