Glossary

(c) Quarter-Kelly stakes:

KC -3: b = 0.926, f* = (0.5405*0.926 - 0.4595)/0.926 = 0.0443, quarter = 1.11%, stake = **$222** - Over 47.5: b = 0.909, f* = (0.5412*0.909 - 0.4588)/0.909 = 0.0361, quarter = 0.90%, stake = **$180** - BUF ML: b = 1.50, f* = (0.4203*1.50 - 0.5797)/1.50 = 0.0340, quarter = 0.85%, stake = **$170**

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