Flat Kelly staking

[skylark2009]

Flat Kelly Staking.

 

1. Start bank = 100pts

2. Flat Kelly stakes used as opposed to full Kelly stakes.

Full Kelly stakes are usually derived as a percentage of the current bank, increasing/decreasing in size depending on the suggested Kelly percentage of the current size of the bank. This makes full Kelly staking a very progressive staking method and high risk (especially so if your assessments prove to be too high and loses).

I'll unlink from the bank by converting the suggested Kelly percentage straight to points (essentially locking the bank at 100pts).

• Derived Kelly stake suggests 14.59% of the current bank, then the stake will be 14.59pts
• Derived Kelly Stake suggests 7.43% of the current bank, then the stake will be 7.43pts etc

This should flatten the stakes and make it a lot less progressive (hopefully).

 

@BillyHills

Hope this is ok to post here, if not then move to Glory Hunters.

 

[skylark2009]

Bet#1  2.10 Lingfield - Meringue @1/1 - 13.04pts

 

Edited September 5, 2018 by skylark2009
Added stake