Start Bank: $198,00
The Race To Florida started yesterday. Mr. Kelly did well - a profit of $9,53 on a stake of $11,63. He won 3/4 lay bets. Mr. Kelly's bank increased by a massive 47% on his first day in the competition. A great start for the great man from Texas!
My bank also kept grinding away. A profit of $9,55 to raise the total to $447,90
The (pseudo-)Kelly Stakes for Mr Kelly range from 20% to 39% across the price ranges 2,00-4,00
Based on a $20 start bank and a 10% edge, these are Mr.Kelly's liability stakes:
Bank 2.0-2.2 2.2-2.5 2.5-2.8 2.8-3.0 3.0-3.5 3.5-4.0
$20,00 $4,00 $4,40 $4,80 $5,40 $6,20 $6,80
They are not exactly correct Kelly Stakes because I am just using the lower stake value in each price band for convenience sake, so they will often be slightly lower than the true Kelly stakes... but close enough, I say!