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A comment on Beating the bookies – how the online sports betting market is rigged. Parent comment

Re:Beating the bookies – how the online sports betting marke... by shakedown1 on Sunday October 22, 2017 @05:35AM (#15525905)
Interesting. Are you refering to kelly criterion?
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Re:Beating the bookies – how the online sports betting marke... by au_gambler on Sunday October 22, 2017 @07:16AM (#15526222)
There needs to be some degree of risk aversion given the uncertainties in estimating your edge. I am thinking more along the lines of a CRRA utility function - something a little less aggressive than kelly.
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Re:Beating the bookies – how the online sports betting marke... by qwtel on Sunday October 22, 2017 @11:53AM (#15527316)
in your opinion, is there any practical benefit over just using half kelly?
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