1. #36
    NunyaBidness
    NunyaBidness has a posse
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    Join Date: 07-26-09
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    Quote Originally Posted by bjpenn85 View Post
    0.45 x 0.45 x 0.45 = 0.09 = 9%..wouldnt spend to much money on that parlay
    Not enough information. What if its paying +1600?

  2. #37
    lecubs28
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    Quote Originally Posted by Vulcan300 View Post
    i personally take insight from some of the reputable members on the forum and usually parlay 2-3 fights with a few straight wagers if my initial take on a fight matches up with a majority of others on here. bankroll management is the biggest aspect since my start, one of the books i used to use didn't offer parlays which imo is one of the better sports to utilize them in.
    I just started reading this forum. Who would you name as the most reputable members/people that I should be listening to?

  3. #38
    hubster
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    Last thing I need to know before I try out the kelly system is if I am using the sbr tool http://www.sportsbookreview.com/betting-tools/kelly-calculator/

    Lets say I am making 5 bets in one day so I set 5 independent events and run the tool and get the results. As I go down the results let say for the first bet it says to wager 10 percent of my bankroll. Then lets say the next one is 5%. Do I do 5% of my original bankroll or 5% of my bankroll after making my 10% bet?

  4. #39
    varkolek
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    For simultaneous bets, I think you would stake percentages of your original bankroll.

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