Percent of Bankroll Question

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wk36
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Percent of Bankroll Question
« on: September 27, 2014, 10:49:28 PM »

I am new to this but I have been doing a good deal of research lately on value bets. I am limited because I live in the USA but still managed to find 10 games or so today that offered value. However, all the bets would require taking a soccer side on the money line at an average of +300 or so. How much would I need to adjust my percent of bankroll played since I am taking all dogs? I would be more susceptible to long losing streaks, correct? Is 2% still okay?
Thanks
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qbet
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Re: Percent of Bankroll Question
« Reply #1 on: September 28, 2014, 09:38:16 AM »

Too much in my opinion. Say you have a 5% edge at +300 odds. 2% is already more than Kelly. In my limited experience American bookies are not that soft. Maybe your edge is smaller or you don't have any. 0.5-1% is better. You should try to find value in handicap lines as you can bet more there.
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wk36
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Re: Percent of Bankroll Question
« Reply #2 on: September 28, 2014, 04:27:06 PM »

Most of the bets were in the 2-3% edge range. I haven't looked into Kelly thoroughly yet. I will do so and hopefully find more clarification. Thx.
« Last Edit: September 28, 2014, 04:36:11 PM by wk36 » Logged
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