What is a good minimum edge or +ROI?

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  • kpoutlaw
    SBR Hustler
    • 09-24-10
    • 53

    #1
    What is a good minimum edge or +ROI?
    I read in Stanford Wong's book that you should have a MinEdge of at least 2.5% and that requiring a MinEdge of at least 5% is good too.

    What do you guys recommend?

    I found three NBA games today in which my edge was

    Sacramento Kings Over 206.5 +4.4%
    Portland Trailblazers -9 +2.82%
    Wizards Over 211.5 +0.33%

    Based on odds of 1.88 and using Pinnacle odds as a measure with the NBA half point calculator..

    I was thinking of flat-betting each game to win around $50...I know that it is advisable to adjust my bets in proportion to my edge, but since I'm only betting around $50 dollars per game, is this recommendable?

    Any thoughts or opinions would be appreciated...Thanks
  • FourLengthsClear
    SBR MVP
    • 12-29-10
    • 3808

    #2
    Kelly Criterion
    Search for the threads in the forum started by Ganchrow.
    Comment
    • subs
      SBR MVP
      • 04-30-10
      • 1412

      #3
      Hi KP,

      just to make it easier, simple kelly:

      stake = edge/(decimal odds -1). i would use half kelly.

      good luck buddy
      Comment
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