3min chapter

The Macro Trading Floor cover image

It's Macro ShowTime!

The Macro Trading Floor

CHAPTER

Understanding Kelly Optimization and Decision-Making in Gambling and Poker

Exploring the use of Kelly optimization in decision-making, focusing on maximizing gains and minimizing risks in scenarios like gambling and poker, while discussing the divergence between theoretical calculations and real-life psychological factors.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode