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  • #1 by NIKOLAS the GREEK on 18 Jan 2015
  • can any one help me to set up the Kelly staking plan????????

    what is the strike rate??
    average odds??

    if my lay lucky (winning) bets  are 22.5%

    and average lay price is 1.23

    thanks
  • #2 by tupp on 18 Jan 2015
  • If you win with flat bet, Kelly could be used to optimize the grow rate of your bankroll with respect to risk. There is a risk in my opinion to use Kelly if you miss calculated the value (=probability*odds-1), which will result in a to large bet size.

    But ofcours if you for sure know the value of you bets and you do profit with flat stakes, then you have a pleasant task to optimze your bankroll grow rate.
  • #3 by barniani on 22 Jan 2015
  • Thanks tupp, that just confirms my doubt. I still have to try and see this for myself but so far, I think that's pretty it.
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