the Kelly Calculator and Parlays...?

[Long John Silver]

In the calculator's output, there are the tabs for "Stakes for parlays of size..", and I'm guessing that when there are nonzero results in the 2, 3-team sections, it means that it would be good to throw a little spare change into those parlays.

My question would be what is the calculator assuming about the parlay payouts? Standards like 13-5, 6-1, et cetera?

Then do I check it against the Parlay Calculator to see if there's any value in that particular parlay?

Thanks,
Long John Silver

[LT Profits]

It assumes true parlay odds based on the odds that you inputted for each leg.

[Ganchrow]

Exactly what LT said.

The parlays are a part of the optimal Kelly solution which, for a Kelly multiplier of 1, yields maximal expected growth.

[Long John Silver]

Makes sense. Thank you very much.