Video Poker Glossary
Kelly Betting
a (money management) strategy that sets the wager amount for optimal bankroll growth. Under Kelly Betting, the bet size is chosen based on the game's return and current bankroll size. For video poker, bet sizes are limited to certain common denominations. For that, and other reasons, strict Kelly Betting is not practical with video poker. On the other hand, Kelly Betting can be used to estimate the bankroll requirements for a given positive expectation game or playing situation with a fixed bet size. Kelly Betting does not elucidate the Risk of Ruin, however.
Return to main glossary searching for "Kelly Betting"
Contact Us   Follow vpfree2 on Twitter
All rights Reserved © 2019 vpFREE2