Hey Folks,
I'm new here at SBR (clearly). A co-worker of mine who is what I would very much consider a pro told me about arb and Kelly Criterion. He sent me here to check out some posts from Ganchrow (who I guess is gone now?). He claims that he and his brother have made a huge bankroll just off of their betting. After looking around here, I don't doubt it. What he told me made it seem a lot like trading options in the financial markets. We have our own form of arbitrage. I've read Ganchrow's posts on EV + EG and both parts of the Kelly Criterion. While the math is mind numbing, the principle is clear. I'm lacking on taking the knowledge and applying it to successful betting and sizes. Sports betting is completely new to me (despite living in Vegas). Texas Hold 'Em is my only gambling knowledge. I usually play a tables, just using pot odds and calculating outs really. I played briefly online at Bovada with some half decent HUD until they got rid of their poker service. That being said, I'm a bit lost at this point and hoping for some guidance. All help is appreciated.
-TheProfitcy
I'm new here at SBR (clearly). A co-worker of mine who is what I would very much consider a pro told me about arb and Kelly Criterion. He sent me here to check out some posts from Ganchrow (who I guess is gone now?). He claims that he and his brother have made a huge bankroll just off of their betting. After looking around here, I don't doubt it. What he told me made it seem a lot like trading options in the financial markets. We have our own form of arbitrage. I've read Ganchrow's posts on EV + EG and both parts of the Kelly Criterion. While the math is mind numbing, the principle is clear. I'm lacking on taking the knowledge and applying it to successful betting and sizes. Sports betting is completely new to me (despite living in Vegas). Texas Hold 'Em is my only gambling knowledge. I usually play a tables, just using pot odds and calculating outs really. I played briefly online at Bovada with some half decent HUD until they got rid of their poker service. That being said, I'm a bit lost at this point and hoping for some guidance. All help is appreciated.
-TheProfitcy