Possibly Stupid Math Question: If you're willing to make a bet at 100:1 odds, should you take as many of that bet as you can get? What's the math for calculating that risk?
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The Kelly criterion is a math formula for how much to be based on how much money you have and how certain you are, maximizing gains over the long run while removing the possibility of bankruptcy.
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Bet*, not be
End of conversation
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