1. 11-14-13 03:18 AM #1
    Jikos
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    How to profit with an edge?

    How do you make the most out of a good bet? Let's say you know you're going to hit 60% of the time, what would be the most profitable system of betting?
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  2. 11-14-13 03:35 AM #2
    allin1
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    this should help

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  3. 11-14-13 08:07 AM #3
    Sarunas
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    have look of the mans of honest. is the mans of integrity?
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  4. 11-14-13 08:29 AM #4
    allin1
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    Quote Originally Posted by Sarunas View Post
    have look of the mans of honest. is the mans of integrity?
    who?
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  5. 11-14-13 09:53 AM #5
    Sarunas
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    the mans in video. is truth?
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  6. 11-14-13 12:28 PM #6
    allin1
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    Quote Originally Posted by Sarunas View Post
    the mans in video. is truth?
    google kelly criterion if you want to learn more about it

    the math is good

    or to answer your question: yes, it's truth, and the man in the video is one of the integrous people I have met on sbr
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  7. 11-14-13 04:48 PM #7
    Jikos
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    Thank you, I know about kelly criterion I just am not sure how to apply it when there are like 20 bets in a day.
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  8. 11-14-13 05:54 PM #8
    HeeeHAWWWW
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    Quote Originally Posted by Jikos View Post
    Thank you, I know about kelly criterion I just am not sure how to apply it when there are like 20 bets in a day.
    You bet slightly smaller. See calculator here:

    http://www.sportsbookreview.com/betting-tools/kelly-calculator/

    As an example, set 0.333 Kelly multiplier, hit calc, it says stake size of 1.84%. Now set number of independent events to 5, it drops to 1.71%. At 10, it drops to 1.55% each bet. At 15, it's 1.42%

    Note that even 1/3 Kelly may be too aggressive, and you'll have some pretty wild swings. I'd suggest starting at 1/4.
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