I am looking for a calculator that can process the stakes for exclusive (not independent) outcomes at Kelly other than 1.0
I want it for Soccer to see how much I have to split my bet between 1 and X for example.
I know of http://rldinvestments.com/Kelly%20Calculator/js/Money%20Management.html and http://www.sportsbookreview.com/betting-tools/kelly-calculator/
Both are very good and seem to be the same calculator but cannot do what I am asking.
Ps Kelly 1/4 is not simply 1/4 of what you get with Kelly 1. It is integrals inside the calculation.
Full Kelly calculator
- blackjim
- Gaining experience
- Karma: 1
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Re: Full Kelly calculator
Do you have an algorithm on how that works?
If so, I can help you with the implementation ( as in make it a web-app for example ).
If so, I can help you with the implementation ( as in make it a web-app for example ).
- Dentz
- Gaining experience
- Karma: 12