TheSnapper's Bank: $1 450,80
TheSnapper's Start Bank: $198,00
Mr. Kelly's Bank: $3 045,89
Mr.Kelly's Start Bank: $20,00
Longshot Larry's Bank: $173,88
Longshot Larry's Start Bank: $100,00
Shannon's Demon: $1 769,05
initial investment: $1 779,74
profit: -$10,69
Total Funds: $4 659,88
-----------------------------------------------------------
A quiet weekend, not much accomplished in terms of gambling. Mr.Kelly went 7/10 for a $30 profit. I went 5/9 for a -$104 loss. Longshot Larry was a rather limited 2/2 for a $4 profit.
------------------------------------------------------------
Tracking Mr.Kelly's stats:
Total Bets Wins Losses Total Points Profit Edge% Total Stake Total Pofit ROI%
650 451 199 128,65 19,79% $32 035,44 $2 934,06 9,16%
Hmmmn...now I have something to ponder. Mr.Kelly has been rolling along at a solid 19% profit at level stakes over the past 650 bets. His Kelly staking levels are set for a 10% edge. The stats say that he should move his Kelly Stakes up to 19% to fully maximize his edge. However, his edge according to the stakes he has bet indicate that this edge is only 9%, which gives the contradictory indication that his current Kelly Stake of 10% is too high.
So, I'll just leave it for now and continue to collect data and see how it goes.