Bankroll Mgmt and Learning to play
03-18-2014
, 10:40 PM
03-19-2014
, 04:27 AM
And you should realize this sht is no joke.
If Spladle were here he might say this: know your own range in every spot on every board.
An academically bent observer might say that he were describing "an informal, intuition-based variant of fictitious play". But WTF would they know.
You would know more, namely that you should seek to know your own range in every spot on every board.
And that's all you would really need to know.
BR management's soul lies not far from that of its forlorn Silly Cousin's - Money Management.
I'll bet you a tidy sum Warren Buffet never read John Kelly's paper. DUCY?
If Spladle were here he might say this: know your own range in every spot on every board.
An academically bent observer might say that he were describing "an informal, intuition-based variant of fictitious play". But WTF would they know.
You would know more, namely that you should seek to know your own range in every spot on every board.
And that's all you would really need to know.
BR management's soul lies not far from that of its forlorn Silly Cousin's - Money Management.
I'll bet you a tidy sum Warren Buffet never read John Kelly's paper. DUCY?