The Kelly formula can be explained in one sentence.

This thing can be used to calculate the proportion of funds that should be wagered in each game.

If the expected net profit of the game is zero or negative, the conclusion given by the Kelly formula is that no bet is a win.

But this is only an ideal state, because in terms of probability, it is not impossible to encounter several black swan events in a row, or even 10 times.

And if you win a lot of money in the casino, you will definitely be noticed by the casino.

Then there will be a black book. From now on, whenever you walk into the casino, you will definitely be invited out.

After the casino starts to use the Kelly formula in the future, pure players will not be able to win the casino anyway.

Even the more games you play, the worse you will lose.

Therefore, many geniuses in mathematics began to set their sights on other gaming industries.

Football and horse racing have become the goals of these people.

But here comes the problem again, there are more uncertain factors in horse racing.

If you want to win, you need a lot of actual combat data, and include more factors that will affect the outcome into the formula for testing.

And this method is really effective, and there are really people who are watching the Hong Kong Island horse racing, this plate is big enough for the pool.

And made a profit of more than 1 billion US dollars in one fell swoop.

I even had the experience of guessing the winner of 9 games in one day.

But after that guess, the other party did not go to collect the money.

The reason is simple, if you don't take the money, you won't be noticed.

The result also confirmed the man's vision, and only then did he earn 1 billion US dollars.

After hearing Li Changheng's selective explanation, the people present all looked at him with more curiosity and awe.

This is an example of actually using knowledge for one's own benefit.

Not to mention that in everyone's opinion, Li Changheng has guessed the winning horse 6 times in a row, that is to say, in everyone's opinion, he has really mastered the wealth code.

Use Mahui directly as an ATM.

"Sir, we strongly invite you to become the seventh executive director of the Jockey Club, and we also hope that you can become the chief technical advisor of the Jockey Club."

Li Changheng smiled and said, "I remember that you have already stipulated that only people with local household registration can become executive directors."

"We can..."

Without waiting for the other party to finish speaking, Li Changheng interrupted, "Forget it, I don't want to be scolded.

But becoming a member is no problem, and you can rest assured that since I have revealed the secret, it is actually not difficult for you to deal with it. "

After speaking, Li Changheng looked at the 14 racehorses on the track that were ready to start.

Youyou said, "I actually hope that I will lose once."

These words immediately made everyone puzzled.

But Li Changheng himself understands that only if this horse loses, Ding Xie's good luck will be over.

------

After coming out of the Jockey Club, Li Changheng's smile never broke.

It made Ruan Mei think that he was just pretending to be happy, she held his hand worriedly and said, "Don't think about it so much, think about taking Angela and Laura there for a big meal."

Upon hearing this, Angela immediately answered, "Daddy, let me treat you to roast goose, okay?"

Li Changheng smiled and picked up Angela, kissed her face several times, "No problem."

Jimmy and Big D looked at the convoy that had already left, and looked at the check in their hands with puzzlement.

"What is the boss thinking, so happy to lose?"

After Jimmy thought about it, he said nonsense, "I guess the boss didn't think of betting on horses with his own formula, but kept his eye on Wall Street.

Now that I find out that my formula has errors and omissions, it is equivalent to increasing my winning rate on Wall Street. "

Big D immediately believed it, and scratched his head, "The boss has never lost in Wall Street. Now that he is even better, doesn't that mean he can make more money?"

"Of course," Jimmy said in an adoring tone, "Jockey Club invites the boss to be the executive director, but the boss is not willing to be the executive director. There must be some new plan brewing.

It's a pity that we are just short mules. Apart from fighting and killing, we have no chance to be the second Frank Abagnale. "

Speaking of this, Jimmy felt for the first time that he often went to the university to attend lectures, which was definitely a well-known decision.

Facing the big d, he said, "Let's go, I'm going to attend class."

Big D stared blankly at Jimmy who was leaving quickly, and then muttered cursingly as he walked, "Pu Jie, no matter how hard you learn, you're still not a short mule."

But as he talked, Big D became envious again.

Any fool can see that Li Changheng is really optimistic about Jimmy, otherwise he would not mention him often.

"Wait", Big D hurriedly turned around and wanted to call Jimmy, saying that Li Changheng was in the private room and had ordered to do something to Zhongqingshe.

"Damn it, bastard, I'm going to kill someone, I'm running faster than a rabbit."

Li Changheng was anxious to let Jimmy and Big D do it because he knew that with today's off-course betting, there was also the matter of Ruan Mei becoming a new board member of the Jockey Club.

The outside world will soon know that he is the boss behind the recent spate of events.

At that time, someone will definitely be watching the five Ding Xie and his son, and if they think about it, someone might get involved.

That night, in a milk tea shop in Tsuen Wan.

Da D was sitting carelessly at a table in the middle, drinking milk tea and eating barbecued pork rice, but staring at the door from time to time.

It wasn't until almost 10 o'clock in the evening that a middle-aged man with a ponytail came in Shi Shiran.

"Big D, I heard that you are going to get rich, but you can even hook up with Boss Ruan."

"You are looking for death if you are riding a horse."

Big D originally wanted to instigate Chang Mao and ask him to ask Ding Xiaoxie to come out.

When the time comes to ambush the knife hand and kill Ding Xiaoxie, the other three brothers of the Ding family will be fish on the chopping board to be slaughtered.

But he didn't expect Changmao to be so unreliable. If it got to the boss's ears, wouldn't he just kill himself?

Even if he knew it had nothing to do with him, if Boss Ruan was dissatisfied, how could he make a fortune in the future?

The long-haired Jian Da picked up the ashtray and walked over with an angry face.

He quickly waved his hands, "Don't, don't, don't, I have a big mouth."

After finishing speaking, he slapped himself on the mouth several times~lightnovelpub.net~ Chang Mao would definitely not take the initiative to give in.

But now that the big d has really caught up with Ruan Mei, who is known as the landlady of Tsim Sha Tsui, then everyone is no longer a player of the same level.

Not to mention how big the power of the big d will expand in the future, as long as Changmao still wants to make a fortune with the big d, he will not dare to really offend the big d.

Big D shook his head helplessly, put down the ashtray in his hand and cursed, "Sooner or later you will die from this broken mouth."

Long Mao shrugged, "Tell me, what do you want from me?"

"Call me and ask Ah Xiao out for a drink, how about it?"

"No way," Changmao is not stupid, "Back then we cut off people's friendship together, and Ah Xiao and I worshiped the second master's brothers."

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