Kelly Criterion

The Kelly criterion is the bet size that maximises long-run growth given an edge: with win probability p and reward-to-risk b, the fraction to risk is p…

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What is Kelly Criterion in crypto trading?

The Kelly criterion is the bet size that maximises long-run growth given an edge: with win probability p and reward-to-risk b, the fraction to risk is p minus (1 − p) divided by b. It is an upper bound, not a recommendation — full Kelly assumes you know your edge exactly, and in markets nobody does. Half Kelly or less is the practice.

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