Dale Cooper Posted August 31, 2009 Share Posted August 31, 2009 This is a bit broad but how the hell do I price up a game? Looking at the kelly staking plan but I'm not sure as to how to determine my edge exactly... Quote Link to comment Share on other sites More sharing options...
bahnhof Posted September 3, 2009 Share Posted September 3, 2009 Re: Kelly staking and calculating your edge Staking plan is nothing to do with pricing up a game. You could use Poisson distribution/elo ratings, amongst other techniques, to price up a game. However, when pricing up a game, I will also use my own knowledge of the game. For example, if I make Chelsea 1.3 to beat Hull, and I can get odds of 1.4, but Chelsea are missing 5 important players, I would probably adjust the odds closer to 1.4 and not place the bet. Quote Link to comment Share on other sites More sharing options...
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