Is there a better money management system?

Dan Kelly · 02-13-16, 09:11 AM

imo, Kelly Criterion (no relation) is the only way to manage speculative money.

https://en.wikipedia.org/wiki/Kelly_criterion

BoL

GunShard · 02-13-16, 09:44 AM

I posted my other betting rules on one of your threads, here's the Kelly Criterion calculator link among other helpful links:

1. Covers Consensus "Fade the public": http://contests.covers.com/Consensus...us/ALL/Overall

2. Kelly Criterion Calculator "Money management": http://www.albionresearch.com/kelly/

3. Professional sports bettor Billy Walters on a podcast. Mentions that he fades by fading sports bettors that he knows. http://traffic.libsyn.com/pregame/FP...5_1st_half.mp3

An article on Billy Walters and sports betting:

Meet the world's most successful gambler

http://espn.go.com/espn/feature/story/_/id/12280555/how-billy-walters-became-sports-most-successful-controversial-bettor

For four decades, other gamblers have tried to be Billy Walters while investigators have tried to bring him down. And for four decades, the world's most successful sports bettor has outrun them all.

jjgold · 02-13-16, 10:00 AM

good stuff

daneblazer · 02-13-16, 10:11 AM

Try the All in on the Chargers system

Smoke · 02-13-16, 10:15 AM

Just try the t-weasel school of betting. Don't count small moneyline wagers that way when you lose it don't count