Hellow guys, Welcome to my website, and you are watching The Kelly Criterion Explained: The General Concept and Its Application In Sports Betting. and this vIdeo is uploaded by Sportsbook Review at 2011-07-15T15:18:24-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | The Kelly Criterion Explained: The General Concept and Its Application In Sports Betting |
| Video Uploader | Video From Sportsbook Review |
| Upload Date | This Video Uploaded At 15-07-2011 22:18:24 |
| Video Discription | SBRforum Sportsbetting Page http://bit.ly/_sports-betting THREAD FORUM VIDEOS http://bit.ly/forum-sbrforum SBR CONTEST http://bit.ly/SBRContests SBR SPORTSBOOK http://bit.ly/SBR-Sportsbook The Kelly Criterion is a key mathematical concept when it comes to sports betting, sports investing, or any kind of investing where a certain edge and a certain amount of capital is known. To put it simply, the Kelly Criterion tells you exactly how much to invest, or bet, if you think you have a good investment or bet being offered. The Kelly Criterion uses only two factors: the size of your edge, and the size of your capital. The Kelly Criterion can also be used to size may bets simultaneously, and is also used to estimate what your mostly likely bankroll landing point will be after a series of +EV bets. The Kelly Criterion may seem complicated at first, and there are some advanced aspects to it that can take a while to fully grasp. But the basics can be explained easily using an example of a coin flip. This video seeks to explain the basics of the Kelly Criterion as clearly and correctly as possible. To become more familiar with the Kelly Criterion and its applications in sports betting, you can go to the "Handicappers' Think Tank" forum at SBRForum.com, and you can also play around with the "Kelly Calculator" in the Betting Tools section of SBRForum.com. Join us NOW: Facebook: http://bit.ly/Facebook_SBRForum Twitter: http://bit.ly/Twitter_TheSBRforum |
| Category | Education |
| Tags | Kelly Criterion | Investing | wagering | sports betting | edge | bankroll management | math concept explained | definition | math education | expected value | expected growth | EV | EG |
