[vpFREE] Re: Pressing your bet

Totally useless example. "Let's say" there is an 11-8 JOB machine or a standard BJ game that pays on ties. All useless hypotheticals that will never exist.
--- In vpFREE@yahoogroups.com, 007 <007@...> wrote:
Let's say there's a gambling
> proposition, similar to blackjack, that pays even money and has a
> 50.5% chance of winning and a 49.5% chance of losing. That's a 1%
> advantage and the Kelly Criterion says to bet 1% of one's bankroll on
> it.

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