Kelly's formula can be explained in one sentence.

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

If the expected net payoff of the bet is zero or negative, Kelly's formula concludes 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 or even 10 black swan events in a row.

And if you win regularly in the casino, you will definitely be noticed by the casino.

Then there will be a black book, and in the future, whenever you walk into a casino, you will definitely be invited out.

When casinos also start to use Kelly's formula in the future, pure players will never win casinos anyway.

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

Therefore, many geniuses in mathematics have begun to focus on other industries.

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

But the problem comes again, there are more uncertainties in horse racing.

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

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

And in one fell swoop earned more than 1 billion US dollars in profit.

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 very simple, if you don't take the money, you won't be noticed.

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

After listening to Li Changheng, the people present gave selective explanations, and their eyes suddenly became more curious and awe-inspiring.

This is a real example of using knowledge for your own benefit.

Not to mention that in everyone's opinion, Li Changheng has guessed the top horse six times in a row, which means that in everyone's opinion, he has really mastered the code of wealth.

Take the horse 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 technical general advisor of the Jockey Club."

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

"We can,,."

Before Li Changheng could finish speaking, he interrupted, "Forget it, I don't want to be scolded.

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

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

Youyou said, "I actually want to lose once."

This sentence immediately confused everyone.

But Li Changheng himself understood that only if this horse lost, Ding Crab's good luck would end.

------

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

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

When Angela heard this, she immediately answered, "Daddy, I'll treat you to roast goose, okay?"

Li Changheng hugged Angela with a smile and kissed her on the face several times, "No problem."

Jimmy and Big D looked at the team that had already driven away, and looked at the check in their hands with puzzlement.

"What is the boss thinking, so happy when you lose?"

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

Now that I find that my formula is wrong, it is equivalent to increasing the winning rate on Wall Street. "

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

"Of course," Jimmy said in a adoring tone, "The Jockey Club asks the boss to be the executive director, but the boss doesn't want to be the boss, so there must be some new plan brewing.

It's a pity that we are just short mules, and we don't have a chance to be the second Frank Abagnale except to fight and kill. "

Speaking of this, Jimmy felt for the first time that it was absolutely a well-knowing decision that he often went to college to attend lectures.

To the big D, he said, "Let's go, I'm going to the lecture."

Big D stared blankly at Jimmy who walked away quickly, and then scolded and muttered as he walked, "Fujie, no matter how much you learn, you are not a short mule."

But after talking, Da D became envious again.

Even an idiot could see that Li Changheng was really optimistic about Jimmy, otherwise he wouldn't always mention him a few words.

"Wait," Da D hurriedly turned around and wanted to call out to Jimmy, saying that Li Changheng was in the private room and told him to do something to the Zhongqing Society.

"Nima, bastard, I'm going to cut people, and run faster than a rabbit."

Li Changheng was in a hurry to let Jimmy and Da D do it because he knew that with today's off-market betting and Ruan Mei becoming a new board member of the Jockey Club.

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

At that time, someone will definitely be staring at Ding Crab's father and son, and if they want to do it again, maybe someone will get involved.

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

Da D sat carelessly at a table in the middle, drinking milk tea and eating barbecued pork rice, but his eyes stared at the door from time to time.

It was not until almost 10 o'clock in the evening that a middle-aged man with a ponytail came in.

"Big D, I heard that you are going to develop, and even Boss Ruan can hook up."

"You are courting death on a horse".

Da D originally wanted to turn against Chang Mao and let him ask Ding Xiao Crab to come out.

At that time, the ambush knifeman killed Ding Xiao crab, and the other three brothers of the Ding family were the fish on the chopping board, and they were slaughtered.

But I didn't expect that the long hair is so unreliable. If this is spread to the boss's ears, wouldn't he kill himself directly?

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

Seeing that Da D picked up the ashtray, Chang Mao walked over with an angry face.

He waved his hand hurriedly, "Don't, don't, don't, I have a big mouth."

After saying that, he slapped himself in the mouth several times with his hand.

Before it was replaced, Chang Mao would definitely not take the initiative to be soft~lightnovelpub.net~ But now that Da 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 Big D will expand in the future, as long as Longhair still wants to make a fortune with Big D, he will not dare to really offend Big D.

Da D shook his head helplessly, put down the ashtray in his hand and cursed, "You will die on this broken mouth sooner or later."

Longhair shrugged, "Tell me, what's the matter with me?"

"Call me and ask Axiao out for a drink, how about that?"

"Isn't it?" Chang Mao is not stupid. "We cut off friendships together back then, and I and Ah Xiao worshipped the second master's brother."