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Example of the optimal Kelly betting fraction, versus expected return of other fractional bets. In probability theory, the Kelly criterion (or Kelly strategy or Kelly bet) is a formula for sizing a sequence of bets by maximizing the long-term expected value of the logarithm of wealth, which is equivalent to maximizing the long-term expected geometric growth rate.
John Larry Kelly Jr. (December 26, 1923 – March 18, 1965), was an American scientist who worked at Bell Labs. From a "system he'd developed to analyze information transmitted over networks," from Claude Shannon's earlier work on information theory , he is best known for his 1956 work in creating the Kelly criterion formula.
Jessica Kelly Siobhán Reilly [1] (born 18 July 1977) is an English actress. She first appeared on screen in 1995 on the series The Biz.Her other television work includes starring roles in the British crime drama Above Suspicion (2009–2012), the American psychological medical drama Black Box (2014), the American anthology crime drama True Detective (2015) and the historical fantasy drama ...
Leighton Schubert, state representative from Caldwell, Texas; former Houston resident [53] Jim Sharp, state court judge, 2009–2014; Stephen Susman (1941–2020), plaintiffs attorney and a founding partner of Susman Godfrey; Sylvester Turner, 62nd mayor of Houston; Kathryn J. Whitmire, first female mayor of Houston; served five terms
I think this is probably what is meant by "Kelly criterion" -- which means that the Kelly criterion is not in fact a formula at all. If that's right then the article should be corrected. Otherwise, it should be explicitly stated which formula is the one called "Kelly criterion." Nathaniel Virgo 01:37, 27 February 2023 (UTC) @Nathanielvirgo
HPI, LLC, also called HPI, is a limited liability corporation based in Houston, TX specializing in the design and development, engineering, manufacturing, testing, installation, and commissioning of control and monitoring systems for industrial turbo-machinery applications. [1]
The “Texas Hold ’Em” singer made a grand appearance today at a Harris campaign rally in Houston—her hometown—where she was joined by her former Destiny’s Child bandmate, Kelly Rowland.
McCann is a writer and has appeared as a commentator on US Cable News Channels such as Fox and CNN amassing over 1,000 on—air interviews. In 2012 McCann created the Kembativz Brand, LLC with Michelle Washington. The company focuses on teaching individual protective measures to civilians and corporate clients.