Kelly Thorp Betting
Channel: John Mount
Date: 25/02/2021

An example of using a Kelly / Thorp betting system. A write-up of the derivation of the method can be found here:

 https://github.com/WinVector/Examples/blob/main/Kelly_Thorp_betting/Simple_Betting.md , and the blog announcement here: https://win-vector.com/2021/02/25/kelly-thorp-betting/

I also have a note on why these methods don't apply to fair coin games (or sampling with replacement): 
 https://github.com/WinVector/Examples/blob/main/Kelly_Thorp_betting/When_Profitable_Betting_Systems_are_not_Possible.ipynb