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Old 10-12-2004, 02:17 PM
Ed Miller Ed Miller is offline
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Join Date: Sep 2002
Location: Writing \"Small Stakes Hold \'Em\"
Posts: 4,548
Default Re: A quick note about \"rareness\" of bets

I know we weren't talking about huge games and stuff (just the usual 1/2 games we play), but IF we were talking about huge life-savings type bets, even if it were +EV, wouldn't it still be correct to pass it up?

Yes. This is the principle behind the Kelly Criterion.
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