What are the pros and cons of using fractional Kelly versus full Kelly?

[Mike_25]

I have been using fractional Kelly for several years. But recently I am wondering, would full Kelly produce better results? Perhaps some of you with more experience can share the pros and cons as you see it. In my view, full Kelly seems risky cause you bet more of your bankroll on each bet. But if done right, it might produce bigger wins. I would love to hear what you all think on this topic.

 

[Nii]

I prefer the fractional Kelly. It's profits are lowered and it's yield doesn't come at a pace that one would ideally love but it greatly minimizes and spreads your bankroll thereby limiting your losses.