New Posts For Thread: Different Strokes For Different Folkshttps://community.betfair.com/general_betting/go/thread/view/94082/26788637/different-strokes-for-different-folksNot many would do this ~Lays , 50% of floatBack to win 6.00 and under, a combination of 'Kelly Criterion' and average edge on float.Back to win over 6.00, Bets are overlay type, chance of winning times 50% of float.Have been experimenting with excelJust another way of skinning a cat!If nothing else the spreadsheet can show what can be done with a few simple formulas, how to lay out a spreadsheet, howto keep tabs on performance and as a database for further study.Party on.https://community.betfair.com/general_betting/go/thread/view/94082/26788637/different-strokes-for-different-folks?post_id=484309377#484309377Just another way of skinning a cat!If nothing else the spreadsheet can show what can be done with a few simple formulas, how to lay out a spreadsheet, howto keep tabs on performance and as a database for further study.Party on.Tue, 01 Feb 2011 03:58:59 -0600Complexity rules eh Compound ?https://community.betfair.com/general_betting/go/thread/view/94082/26788637/different-strokes-for-different-folks?post_id=484308713#484308713Complexity rules eh Compound ?Tue, 01 Feb 2011 03:47:13 -0600TheSnapperAs all my bets and lays are at BSP it is not possible to use 'Kelly'. On top of that using 'Kelly' on an average of 7 selections in an event is impracticable.If there was only one bet per event then 'Kelly' would be the preferred staking ifhttps://community.betfair.com/general_betting/go/thread/view/94082/26788637/different-strokes-for-different-folks?post_id=484304933#484304933TheSnapperAs all my bets and lays are at BSP it is not possible to use 'Kelly'. On top of that using 'Kelly' on an average of 7 selections in an event is impracticable.If there was only one bet per event then 'Kelly' would be the preferred staking ifTue, 01 Feb 2011 02:04:46 -0600No doubt...it is rather complex and dubious that it would perform better than Mr. Kelly would. I prefer to keep things simple .... there is a kind of elegance in simplicity.https://community.betfair.com/general_betting/go/thread/view/94082/26788637/different-strokes-for-different-folks?post_id=484303861#484303861No doubt...it is rather complex and dubious that it would perform better than Mr. Kelly would. I prefer to keep things simple .... there is a kind of elegance in simplicity.Tue, 01 Feb 2011 01:31:41 -0600Not many would do this ~Lays , 50% of floatBack to win 6.00 and under, a combination of 'Kelly Criterion' and average edge on float.Back to win over 6.00, Bets are overlay type, chance of winning times 50% of float.Have been experimenting with excelhttps://community.betfair.com/general_betting/go/thread/view/94082/26788637/different-strokes-for-different-folks?post_id=484300297#484300297Not many would do this ~Lays , 50% of floatBack to win 6.00 and under, a combination of 'Kelly Criterion' and average edge on float.Back to win over 6.00, Bets are overlay type, chance of winning times 50% of float.Have been experimenting with excelMon, 31 Jan 2011 23:51:01 -0600