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Meaning of Kelly criterion | Babel Free

Noun CEFR B2

Definitions

A formula used to determine the optimal size of a series of bets in order to maximize the logarithm of wealth.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

kelly drive kelly green Kelly pool Kelly Ridge Kelly's eye Kellyana

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