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28: Plus EV Analytics Joins for a Discussion
Circles Off - Sports Betting Podcasts
Are You Directionally Right? Or Are You Magnitudaly So Wrong?
We're going to go on and talk about kelly criterion now. The principle behind it is, when you're betting and you believe you have a certain edge, it's very irresponsible. You shouldn't be betting the same amount on every single bet because others have different probabilities of winning. And there's something called the kelly method, which what it does not only factors in your perceived edge but also how much money you are staking as well.
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