Tag: Kelly Criterion
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Sizing Your Sports Bets Like a Professional
Welcome to the first class of 8rain University, where we dive deep into the nuances of sports betting. Today, we’re focusing on bet sizing, a critical aspect that can greatly influence your success. We’ll discuss the Kelly Criterion, deving methodologies, and provide examples to enhance your understanding and confidence in managing your betting strategy. Understanding…
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Moving Beyond Kelly: Sizing Your Bets to Make More Money
If you’ve heard people discussing units, flat betting, or the Kelly Criterion and felt a bit lost, you’re not alone. Understanding how to adjust your bet sizing is crucial for any bettor. Let’s dive into the various methods and see what works best for you. Photo by Vitaly Taranov on Unsplash Forget Units: Why They…