Author Topic: pls i need a help  (Read 1556 times)

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pls i need a help
« on: 18 Jan 2015, 11:43 »
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

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Re: pls i need a help
« Reply #1 on: 18 Jan 2015, 16:55 »
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.

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Re: pls i need a help
« Reply #2 on: 22 Jan 2015, 19:28 »
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.
Greening Up

 

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