J
Julio88
Guest
A Kelly bet in blackjack is a betting system designed to maximize the player's expected return. It is based on the Kelly criterion, which states that a player should bet a fixed percentage of their bankroll in order to maximize their expected return. The percentage to bet depends on the player's edge over the house, or the expected return rate. In blackjack, the Kelly bet is often calculated by dividing the player's edge by the number of decks in the shoe. For example, if the player has a 1% edge over the house and there are 8 decks in the shoe, the Kelly bet would be 0.125%.
