Soccer match odds are 2.5 - 3.0 - 3.0
Suppose the true chances are 50%-25%-25%
Would you bet 1 unit on the ML @2.5 for a 0.25 $EV = 25% yield
Or would you bet 2 units on Home DNB/AH0 @1.8 for a 0.30 $EV = 15% yield, lesser edge but more profit
Or would you just go full Kelly on the ML.
Suppose the true chances are 50%-25%-25%
Would you bet 1 unit on the ML @2.5 for a 0.25 $EV = 25% yield
Or would you bet 2 units on Home DNB/AH0 @1.8 for a 0.30 $EV = 15% yield, lesser edge but more profit
Or would you just go full Kelly on the ML.