| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5129829 | Statistics & Probability Letters | 2017 | 5 Pages |
Abstract
Formulas for the optimal Kelly bets when there is a pair of binary wagers are given. We show the relation to the Kelly bets for single binary wagers and show how the Kelly bets achieve mean variance optimality as well.
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
Bennett Eisenberg, Shuotao Diao,