Sports Handicapping News

A quantitative introduction to the Kelly criterion

A quantitative introduction to the Kelly criterion

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Kelly Criterion, sometimes known as the Kelly formula or strategy can be used to help sports bettors determine the optimal size of bet to make, in relation to long term bankroll management. 

 

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We have all come across a handicapper claiming to be on hot streak, and for a fee he would be willing to share his secrets with you. Lets examine when it's acceptable to pay for betting information and how to spot a "Tout".
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Hitting a big parlay can change your life.