Originally Posted by
Wrecktangle
I've had up to 40% of my bankroll out on simul events. And then went 0-10 one Sunday.
This will rapidly separate you from Kelly. I've had way too many 0-6, 7-0, 0-10, 9-1, etc events over just the last 6 months to be explained away as random independent events. After running all the events thru the binomial, I was finding that I had a 3 in 10000 chance, a 4 in 1000, a 1.5 in 10000, etc. i.e. these events are not results from a Gaussian Dist. as the tails were much too thick.