Risk of Ruin cover image

David & Goliath, Part I

Risk of Ruin

CHAPTER

Kelly Betting Is a Roller Coaster

Most serious gamblers use some form of Kelly betting to size their bets. You could go out and play exactly properly for two or three months at a time and lose there was always that lingering in the background. Once you're at the bottom you bought them out so it was actually possible I mean you could you could go broke.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner