TheSnapper's Start Bank: $198.00
Mr. Kelly's Bank: $1 945,10 (+ 9625,50% profit)
Mr.Kelly's Start Bank: $20.00
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Well, June is almost over so it's time to take stock of the month's betting.
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TheSnapper: Profit: $786,35
Level Stakes Profit (in units): +26,71 units
Mr. Kelly: Profit: -$590,78
Level Stakes Profit (in units): +15,90 units
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Hmmmn. So, I won the month rather easily, but as you can see there is a curious difference between us. Mr. Kelly posted a loss, even though he had a respectable level stakes profit. Take a look at this statistic:
TheSnapper's longest winning streak: 19 wins , $961,75
longest losing streak: 4 losses, -$406,99
Mr. Kelly's longest winning streak: 6 wins, $474,11
longest losing streak: 4 losses, -$639,64
So, you can see just how important the winning and losing streaks are for Kelly stakers. Mr. Kelly couldn't string together a big winning streak all month, like he did back in May. A 19-win streak for him in June would have put his bank to over $18,000! Unfortunately, the best he could muster was a measly 6 win streak.
