FWIW, even if you don't understand the maths you should at least understand the high level purpose of the kelly criterion. This is almost the exact opposite of reality, and what we just spent hours proving on your behalf.
Can you please tl;dr this for me then? Something I'm not catching on to I guess. If the risked amount is a % of the bankroll (as per Dooglus), that % remains the same. So let's say there's 100 BTC in the BR, and 99.84% can be lost (99.84). Player loses 100 BTC chasing it. Now there's 200 BTC there, but he can chase after 199.68 of it (meaning his 100 + 99.68/99.84 of what he was chasing), and this could go on forever.
A cap would prevent this, is my understanding (based on a few others also breaking it down). But am I misunderstanding something with the above?
And I absolutely thank you for your help better understanding this, and Dooglus as well,
. Despite the hiccups, I think it was fairly alerting.(Also, I wasn't trying to be abrasive or devalue your assistance and/or previous/current knowledge on the subject, but rather explain that if people that deal with this a lot weren't completely aware, then to expect someone -- since he calls out me, specifically -- with no math background to know it all is a bit asinine)