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settrans
5721 days ago
> We did not really have an optimal betting strategy, at least nothing that can be proven scientifically, there is no such thing.
Ah, but there is.
http://en.wikipedia.org/wiki/Kelly_criterion
2 comments
zb
5720 days ago
The optimal (Kelly) strategy for Roulette is not to play. It even says so on that wiki page.
link
rfrey
5720 days ago
The Kelly criterion is a money management strategy to maximize profit
given a positive expectation
, which roulette does not have and cannot.
link