Hey guys,
Playing around with the kelly calculator on sbrtools... Have read most of these posts, very informative.. and yes most stuff are over my head...
I do have a couple questions, if you guys can spare a moment...
I used the following as numbers in the calculator
Ind. Event. 6
-110 odds
Win prob of each play: 60% (yes its not realistic, but regardless im playing with this number)
Consecutive series: 17 (weeks of NFL)
Starting BR: 10k
No parlays, just straight bets... it calculates
669$ per play for the first 6
After 17 consecutive series it shows "Expected Bankroll: 104,502"
Questions are as follows:
1- How do you know what to bet week 2? Do I just re-do the calcs with new BR and change series to 16 with the rest of the settings the same?
2- Am i mis-interpreting anything or should my BR be 104,502 @ 60% over 17 weeks betting -110 ?
thanks,
egr99