The Kelly Criterion

How much to bet when the odds are on your side, long run growth and the risk of ruin.

Already bought a plan? Sign in to open this module.

How this module runs

01 · IntroductionWhat it is and why it matters
02 · Key PointsThe most important points
03 · The Math + PythonFormula, step by step, code
04 · Real WorldWhere it is used, best practice, common mistakes
05 · QuestionsExercises and interview
Mini projectOne small program

Mini projectA bet size report for one betOne small program on the topic, to run and to extend step by step.

Back to the course outline See the free e-book