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Kelly Criterion put to the test.

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Posted: #201
Crazy game so far.. gonna be one helluva finish!
 
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Posted: #202

Record 18-9-1

Balance: $3666.84

 
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Posted: #203

Alright Guys:

Bears -10 -110

Risking 124.67 to win 113.43

54% kelly wager

 
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Posted: #204
You da man.  Damn, they took their foot off the pedal a bit too early though, eh?  I was afraid Seattle would go for a two pointer to get it to 10.
 
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Posted: #205

19-9-1

Bankroll $3,780.68

 

 
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Posted: #206

NCAAB

Pittsburgh -6 against syracuse

55% Kelly wager         

Risking $207.94 to win $189.04

 

 
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Posted: #207

Ha, am just about to post this pick for myself, been waiting for this game for a couple weeks.

Good to know you're on the same side!

Go Panthers! 

 
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Posted: #208

Go Panthers!!!

 
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Posted: #209

Record 20-9-1

Bankroll $3969.72

 
Prospect
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Posted: #210
You are absolutle money in the bank.  If only all my investments could be as reliable as you.
 
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Posted: #211
I get charged 2-3% per year for RRSP's that have anemic returns.  And they call sports betting a racket.
 
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Posted: #212
Which Kelly calculator are you utilizing? Is there a good one available on the web?
 
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Posted: #213

I use an excel spreadsheet that calculates it for me!! 

 
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Posted: #214

Patients!!!

We are beating the books right now and they dont even know it!!!!

LOL 

 
Prospect
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Posted: #215
I have a Pavlovian Response to your thread. 

When I see there is a new posting, I start to salivate at the thought of making cash!
 
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Posted: #216

RUFF RUFF!!! Haha thats funny I like your style MickJam

 
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Posted: #217

Packers +3 Steelers +3

-120

57% kelly wager

Risking $127.03 to win $105.86

 
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Posted: #218
56% Kelly wager sorry typo
 
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Posted: #219
This is a 6 point tease, I assume?  Can you get it at this?  I would have it at +2.5 each.
 
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Posted: #220

6.5 point teaser

6 point tease would put the odds at -110 the extra half point puts it at -120

 
Prospect
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Posted: #221
What book is that?  I get it at -130 on Sports Interaction.
 
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Posted: #222

beted

 
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Posted: #223
shitty book but I always get paid!!!
 
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Posted: #224

Packers +3 Steelers +3

57% Kelly wager

Risk $127.03 to win $105.86

I hope everyone continues to follow and gain profits from this thread.  I want to point out as most followers know this is a very agressive form of investing.  I have already begun to scale down my wagers.  I will continue to push for 55% winners and those are going to be the majority of the wagers going foward.  I will still aim for 57% on my big plays but the bottom line is WE DONT WANT TO OVERBET.  Kelly wagering can be volatile if not used correctly.  Im no professional but I feel that years watching and soaking in all the information I know today will only lead to my success in this business.  I have a passion for this and hopefully going foward we can all continue to learn.  I hope that doubters will continue to become believers.  Its easy to pick winners but difficult to invest your $ correctly.  Good luck guys.  I just felt like talking today so there it is!!! 

 
 
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Posted: #225

Good to see some emotion from you mtp! I was beginning to think you were an Autobot! HAHAHA 

I love this play as I see both teams winning outright. It's going to be 2 very entertaining games tomorrow!

Enjoy your weekend! 

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