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Old 12-01-2011, 09:56 AM   #1
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Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

As the title says it's a simple question. Is Kelly Criterion brmb 2 risky in hu sng micro/small/medium stakes? I personally is in doubt with the system, dunno if i like it 2 a tournament format like sng - where there is so much varience in turbo husng, dunno if its 2 risky.

Please only answer 2 this post if u r an experienced hu sng turbo playr.
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Old 12-01-2011, 10:16 AM   #2
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Re: Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

[x] fastest br growth
[ ] least stress

so take ur pick. generally if u dont wanna deal w large swings use 1/2 Kelly b4 u reach mid/high stakes
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Old 12-01-2011, 02:37 PM   #3
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Re: Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

risk of ruin with Kelly is 0. So the answer to your question is no, it's not risky.

read this excellent thread from the man above me

http://forumserver.twoplustwo.com/18...ah-brm-884641/
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Old 12-01-2011, 03:11 PM   #4
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Re: Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

depends on how optimistic you approximate your roi imo.
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Old 12-01-2011, 03:22 PM   #5
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Re: Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

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Originally Posted by genher View Post
risk of ruin with Kelly is 0. So the answer to your question is no, it's not risky.

read this excellent thread from the man above me

http://forumserver.twoplustwo.com/18...ah-brm-884641/
thats only theoretical (risk of ruin), but ya, kelly and 1/2 kelly are the most optimal.
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Old 12-01-2011, 07:37 PM   #6
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Re: Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

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thats only theoretical (risk of ruin).
explain pls?
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Old 12-01-2011, 08:22 PM   #7
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Re: Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

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thats only theoretical (risk of ruin), but ya, kelly and 1/2 kelly are the most optimal.
2/3 kelly>1/2 kelly.
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Old 12-01-2011, 08:54 PM   #8
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Re: Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

I never understood why going 1/2 or 2/3 and not full kelly
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Old 12-01-2011, 09:03 PM   #9
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Re: Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

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explain pls?
they don't offer $0.10 HUSNGs
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Old 12-01-2011, 09:07 PM   #10
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Re: Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

if you round it to the closest stake or mix stakes you should be close to risk of ruin = 0. Shouldn't you? Not being a dick ...just asking
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Old 12-01-2011, 09:11 PM   #11
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Re: Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

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they don't offer $0.10 HUSNGs
hahahaha hilarious
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Old 12-01-2011, 09:44 PM   #12
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Re: Kelly Criterion brm - is it risky 2 use in husng moving up from small stakes?

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if you round it to the closest stake or mix stakes you should be close to risk of ruin = 0. Shouldn't you? Not being a dick ...just asking
They assume there's a level for you to keep moving down and that ruin really means $0. But more practically if your $1000 bankroll goes to $20 and you're playing the $1 games on Kelly, you've hit ruin in all meaningful sense of the word to a player with a $1000 bankroll.
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