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	<title>Shannon Archives - MultiMedia</title>
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		<title>Kelly gambling</title>
		<link>https://www.telework.ro/en/kelly-gambling/</link>
					<comments>https://www.telework.ro/en/kelly-gambling/#respond</comments>
		
		<dc:creator><![CDATA[Nicolae Sfetcu]]></dc:creator>
		<pubDate>Sat, 07 Feb 2009 17:28:50 +0000</pubDate>
				<category><![CDATA[Wagering]]></category>
		<category><![CDATA[ bets]]></category>
		<category><![CDATA[application]]></category>
		<category><![CDATA[data communications]]></category>
		<category><![CDATA[equation]]></category>
		<category><![CDATA[equation of ill-gotten gains]]></category>
		<category><![CDATA[gambler]]></category>
		<category><![CDATA[gambler's ruin]]></category>
		<category><![CDATA[gambling]]></category>
		<category><![CDATA[information theory]]></category>
		<category><![CDATA[Kelly gambling]]></category>
		<category><![CDATA[optimal betting strategy]]></category>
		<category><![CDATA[Pierce]]></category>
		<category><![CDATA[relation]]></category>
		<category><![CDATA[scenario]]></category>
		<category><![CDATA[Shannon]]></category>
		<category><![CDATA[theory of information]]></category>
		<guid isPermaLink="false">https://www.telework.ro/?p=1005</guid>

					<description><![CDATA[<p>Kelly gambling is an application of information theory to gambling and (with some ethical and legal reservations) investing. An important but simple relation exists between the amount of side information a gambler obtains and the expected exponential growth of his &#8230; <a class="kt-excerpt-readmore" href="https://www.telework.ro/en/kelly-gambling/" aria-label="Kelly gambling">Read More</a></p>
<p>The post <a href="https://www.telework.ro/en/kelly-gambling/">Kelly gambling</a> appeared first on <a href="https://www.telework.ro/en">MultiMedia</a>.</p>
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