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Value Betting

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Replies: 215
By:
TheSnapper
When: 12 Feb 11 15:28
dammit jim...double up the stakes even if you don't need to!! It's only a bit of fun FFS!!!Laugh
By:
argosy
When: 12 Feb 11 15:47
Lori

The odds of a losing run of 15 in a fair sample is nearer to 50% and NOT 1 in 14 million
By:
Lori
When: 12 Feb 11 15:51
If you pick 15 1/2 shots, the chances are 1 in 14 million. If you expand the sample size, that's great but you'll be winning money along the way to cover the 15 loses when it turns up.

You'll lose 15 2/1 shots something like 1 in 500, but you'll still have nearly 1% of your bankroll left at that point even if it's the first 15 bets you have, which is more than adequate to rebuild.

The simple fact of kelly, no matter how you word it, is that you double your bankroll twice as often as you halve it. That means you quarter it once in nine, you divide it by 8 once in 27 and so on.

You'll have horrible unintuitive swings, yet it's still the optimal staking plan in a vacuum. (assuming you're not eating it and so on)
By:
Lori
When: 12 Feb 11 15:58
*The 1/2 came about because I thought the original question had both in the same race, i see that's not the case now, however all the other numbers presented are still correct as I gave all three cases.

It's something like 1.5% of your roll you have left even if you bet the 10/1 shot and it loses 15 times. Clearly you rebuild so fast that this is plenty.
By:
zipper
When: 12 Feb 11 16:15
The Management you soon recovered, hope you took my advice.
Re nose bleeds, I have at least 3 a day, but move on.
Ayr 4.30 Malin Bay. 5.05 Kings Guard
Lingfield 4.50 Franco is my name.
Back all 3 off the boards, any price the 3 horses the bookies  put up, back them till your ears ache.
By:
Lori
When: 12 Feb 11 16:20
For completeness, if you bet the 3/1 shot that should be 2/1, you still have 17% of your roll left after 15 straight losers.

I leave as an exercise for the reader to see just how quickly these two stakes rebuild when they have an average run of form, let alone a good one.
By:
zipper
When: 12 Feb 11 16:27
The Management the site  going down last week saved  me £1,400
at the time  nobody Believe me   its true   
but move on  you soon recovered   was it the white shirt  or white suspenders  belt   that did it for you   dont answer .its a mans  things   sorry girls   but  it  is a mans thing   Girls  you  know  how weak  we are   and we call you **** ..roll over darling
By:
zipper
When: 12 Feb 11 16:29
why   .ussy  not allowed
By:
zipper
When: 12 Feb 11 16:33
Land  of the FREE  home of the brave  and we cannot  post  ****
By:
zipper
When: 12 Feb 11 16:34
Lets try again  .. **** cat .  ive got two
By:
zipper
When: 12 Feb 11 16:36
dussy cat ,  grow up Betfair
By:
zipper
When: 12 Feb 11 16:38
Thats zip out
By:
zipper
When: 12 Feb 11 16:49
But before i  go lump on  Franco  Is my Name ..
By:
zipper
When: 12 Feb 11 17:08
The Management  you can see from my posts  zip has had a very poor  day re winners   But this is what sorts the Men from the Boys   and please  dont come re chasing   Ayr  5.05  Kings  Guards ..
zip will tell  you about  chasing tomorrow  .
By:
zipper
When: 12 Feb 11 17:15
The  Management .. zips been wrong  all afternoon  all my win bets   have been beat   , and no names  no pack drill   zip laid  3  all 3 won
By:
zipper
When: 12 Feb 11 17:37
Frog  try  this for value  zip in the next  2 hours thats about  7.30 pm   earth time ,  will go out with my wife and nusre  to our fav eating place  both will make sure  i enjoy the evening  hows that for value . and to boot  zip did his brains  today .. but the Nurse  said  darling  zip  you never had a brain  dont you just love em   and zip is paying  the  drinks are on me . good to talk ......
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