
Mar 29, 2024 -- 9:28AM, Manoleeds wrote:
He was asked how much of his bank he would have on if offered 5/2 heads . He said a lot of it -but Kelly criterion says 30% . I thought his 30k a week turnover was backing -didn't get the impression he laid. If so assuming a 5% profit on turnover (that's what Billy Hill is supposed to have made) then thats a profit of around £1500 a week tax free -or £80k a year -but I'd assume he'd have non gambling weeks -and of course it ain't guaranteed.
Does anybody in this day and age actually put any stock in the Kelly criterion stuff though?
Moreso, if you're actually getting 5/2 on an even money chance.........



Mar 29, 2024 -- 11:16AM, 1st time poster wrote:
was alex farquar the bloke in the newton abott video who lost £200 in one race, won a £100 in next race and said that was him level on the day,no wonder this lads doing ok if he learned from him,
He traded as Macbet on tye Scottish and Northern circuit. I'd doubt he would be at Newton Abbott.
Mar 29, 2024 -- 11:42AM, formoftheace wrote:
Second biggest layer in Scotland to fearless Freddie.
These days in the ring are never coming back are they?