1. #36
    TommieGunshot
    TommieGunshot's Avatar SBR PRO
    Join Date: 03-27-12
    Posts: 1,555
    Betpoints: 6350

    Quote Originally Posted by BuckyOne View Post
    But, more or less my point is no bet sizing tactic can overcome the ups and downs of betting 11 to win 10 for anybody I have ever known or heard of.
    If your point is valid, the most profitable bet size is 0.

  2. #37
    hehfest
    Tom, What do I do now?
    hehfest's Avatar SBR PRO
    Join Date: 09-28-08
    Posts: 7,857
    Betpoints: 4190

    1.5 Snowy. I will bet my whole bankroll on this game spread out all over the place. I have already spent about 8 hours capping it maybe more, and will probably really start to grind it out more tomorrow through Saturday capping for several hours each day. I am probably at 1.5 or even 1 every single year for this game.

    I have 2-3 props I absolutely love at this moment so far and I just started, but I will probably only bet a handful of those maximum.

  3. #38
    hehfest
    Tom, What do I do now?
    hehfest's Avatar SBR PRO
    Join Date: 09-28-08
    Posts: 7,857
    Betpoints: 4190

    Quote Originally Posted by The General View Post
    Lol the biggest coin flip of the year.
    Wow General, Once again sound just like that other Indiana guy in this forum.

    LOLLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL OLOL

  4. #39
    BuckyOne
    BuckyOne's Avatar SBR PRO
    Join Date: 01-02-15
    Posts: 2,727
    Betpoints: 19261

    Quote Originally Posted by TommieGunshot View Post
    If your point is valid, the most profitable bet size is 0.
    Just so hard to define precisely what scientific advantage or disadvantage we have on any given bet. Kelly sizing using past performance does not mean anything on the next event.
    We increase our bet size when we are at a disadvantage or do not bet at all when we have an advantage. Taking our chances at level bet sizing is my preference over some type of increase or decrease in bet size tactic.

    In theory, if we could sustain 55% over 3 years how to or when to bet bigger is a hard call but increasing the bet size has to be done. I prefer a move to a bigger bet size using a specific chunk of money.

    So, let's say you and I could go 55% on 1095 bets this year / win 600 and lose 495. Betting 100 that would get us 5,550. That would be a sin, too. Being that hot for that long and making that little. But, I just hate getting a couple of dimes ahead and giving it all back.

    Next time we 60 and 40 and win 1600 we could get back together and have a WITF should I do now discussion.

  5. #40
    Snowball
    Snowball's Avatar SBR PRO
    Join Date: 11-15-09
    Posts: 30,021
    Betpoints: 3780

    probably line up more parlays paired with Tampa.
    Already have about 10 of them with won sides.

  6. #41
    pilebuck13
    pilebuck13's Avatar Become A Pro!
    Join Date: 05-15-15
    Posts: 17,889
    Betpoints: 1717

    Quote Originally Posted by Hman View Post
    Betting on KC

    Tampa Bay Fan

    I'll win either way
    You have thought they would lose every playoff game this season

  7. #42
    TommieGunshot
    TommieGunshot's Avatar SBR PRO
    Join Date: 03-27-12
    Posts: 1,555
    Betpoints: 6350

    Quote Originally Posted by BuckyOne View Post
    Just so hard to define precisely what scientific advantage or disadvantage we have on any given bet.
    Reasonable estimates *should* be fine with fractional Kelly.
    Quote Originally Posted by BuckyOne View Post
    So, let's say you and I could go 55% on 1095 bets this year / win 600 and lose 495. Betting 100 that would get us 5,550. That would be a sin, too. Being that hot for that long and making that little. But, I just hate getting a couple of dimes ahead and giving it all back.
    With a 55% chance of winning a game, betting half-Kelly would mean a $3,700 bankroll. What the penetrate? That's like a few months of a minimum wage job. Have a job that pays more than McDonald's for a few years and it should be 10-times that. Which means betting $1,000 per game. Repeat until rich. If someone isn't doing that, it's because they aren't betting games that have a 55% chance of winning. Which just brings us back to the idea that the entire premise of guys "going 55/60% on picks overall" was complete bullshit.

First 12
Top