Re: Which method would yeild the greatest net result?
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The Kelly system says to bet 5.5% of your roll on #4 at every turn (the Kelly-sized bet on #2, 25% of your roll each turn, gives a better rate of return than #1, but not as good as #4).
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#4 will have higher ROI, but will make less money because the wagers are much smaller. For instance, on the first trial, EV of #2 is $12.50, while EV of #4 is $6.05.
That is why I said take #2 and bet 25% in my OP.
Paul
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