New Posts For Thread: Kelly Criterion for E/W betshttps://community.betfair.com/general_betting/go/thread/view/94082/28032169/kelly-criterion-for-ew-betsAny maths heads know how to calculate the optimum stake for e/w bets? Its easy when you are dealing a single price but a little more tricky to calculate when you have two prices. Any ideas??i wish i could Martinchhttps://community.betfair.com/general_betting/go/thread/view/94082/28032169/kelly-criterion-for-ew-bets?post_id=502867545#502867545i wish i could MartinchTue, 19 Jul 2011 03:20:56 -0500if you know how to use excel solver you could do it numerically.... 3 outcomes (lose, place, win) and maximise log bankhttps://community.betfair.com/general_betting/go/thread/view/94082/28032169/kelly-criterion-for-ew-bets?post_id=502866313#502866313if you know how to use excel solver you could do it numerically.... 3 outcomes (lose, place, win) and maximise log bankTue, 19 Jul 2011 02:43:00 -0500Cheers - it does seem difficult to work out alrighthttps://community.betfair.com/general_betting/go/thread/view/94082/28032169/kelly-criterion-for-ew-bets?post_id=502864969#502864969Cheers - it does seem difficult to work out alrightTue, 19 Jul 2011 02:00:02 -0500Found a few old posts around the internet asking this and I've never seen a satisfactory answer.You can use the sbr calculator to work out the number for simultaneous non correlated events as a starting point I guess, which is the best I can offer. Hhttps://community.betfair.com/general_betting/go/thread/view/94082/28032169/kelly-criterion-for-ew-bets?post_id=502848525#502848525Found a few old posts around the internet asking this and I've never seen a satisfactory answer.You can use the sbr calculator to work out the number for simultaneous non correlated events as a starting point I guess, which is the best I can offer. HMon, 18 Jul 2011 20:34:56 -0500Any maths heads know how to calculate the optimum stake for e/w bets? Its easy when you are dealing a single price but a little more tricky to calculate when you have two prices. Any ideas??https://community.betfair.com/general_betting/go/thread/view/94082/28032169/kelly-criterion-for-ew-bets?post_id=502836109#502836109Any maths heads know how to calculate the optimum stake for e/w bets? Its easy when you are dealing a single price but a little more tricky to calculate when you have two prices. Any ideas??Mon, 18 Jul 2011 17:19:37 -0500