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    All Forums | Systems & Strategies

    Kelly Criterion put to the test.

    «First Previous 121314 ... 181920 Next Last»
    kreatture
    mtp104
    paul_scholes
    mickjam
    timc9842
    ...
    Participants:
    Search model icon
    Views: 63035
    Posts: 484
    «First Previous 121314 ... 181920 Next Last»
     
    kreatture
    kreatture
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    Posted: Feb. 12, 2011 - 12:03 PM ET #276

    That's BS man.. you posted it 6 minutes before the game started. Count it as a win if it does!

    Good Luck 

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    That's BS man.. you posted it 6 minutes before the game started. Count it as a win if it does!

    Good Luck 

     
    mtp104
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    Posted: Feb. 12, 2011 - 12:07 PM ET #277

    I stated 30 minutes from day 1 and will stick to it.  Only will count if it loses either way hopefully it makes us some money! 

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    I stated 30 minutes from day 1 and will stick to it.  Only will count if it loses either way hopefully it makes us some money! 

     
    paul_scholes
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    Posted: Feb. 12, 2011 - 12:41 PM ET #278

    Well I'll throw down a unit on Wisc-Milw since I was a little late on the parley :)
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    Well I'll throw down a unit on Wisc-Milw since I was a little late on the parley :)
     
    mickjam
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    Posted: Feb. 12, 2011 - 1:25 PM ET #279

    Me too.  No worries.
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    Me too.  No worries.
     
    timc9842
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    Posted: Feb. 12, 2011 - 2:22 PM ET #280

    mtp104,

    I have just started following the different strategies on this board, and will have to admit yours is one of the top sights I follow.  I understand the Kelly Criterion, but was wondering how you come up with your picks.  I am not wanting a detailed account, but just the idea in a nutshell.

    Several years ago, I did a correlation study on what statistics helps NFL teams cover the spread.  This was done in the days before EXCEL was available, so it took me awhile.  I found some very interesting things about the numbers.  It concluded that "Yards Per Pass Attempt Allowed" was the most key number for teams to cover.  I never really followed up with it, but your sight has kind of lit a fire under me again.

    Are you using any previous statistics to predict outcomes?  If so, what?  Just curious.  Thanks, Tim

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    mtp104,

    I have just started following the different strategies on this board, and will have to admit yours is one of the top sights I follow.  I understand the Kelly Criterion, but was wondering how you come up with your picks.  I am not wanting a detailed account, but just the idea in a nutshell.

    Several years ago, I did a correlation study on what statistics helps NFL teams cover the spread.  This was done in the days before EXCEL was available, so it took me awhile.  I found some very interesting things about the numbers.  It concluded that "Yards Per Pass Attempt Allowed" was the most key number for teams to cover.  I never really followed up with it, but your sight has kind of lit a fire under me again.

    Are you using any previous statistics to predict outcomes?  If so, what?  Just curious.  Thanks, Tim

     
    mtp104
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    Posted: Feb. 12, 2011 - 6:58 PM ET #281

    Timc Ill get back to tomorrow going out for night! 

    On the parlay hopefully someone besides myself made some money on it. 

    Winner Winner Chicken Dinner!!

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    Timc Ill get back to tomorrow going out for night! 

    On the parlay hopefully someone besides myself made some money on it. 

    Winner Winner Chicken Dinner!!

     
    cardsfan82
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    Posted: Feb. 12, 2011 - 7:32 PM ET #282

    Way to go MTP, you should most definitely count this in your record, but of course it's your thread and you should do whatever you want to do. I didn't see this until way late, but I got on the Wisc-mil game at least. Thanks for the win!!!

    How do you like bookmaker? Can you sell any points? Do you ever do any bets from your cell?

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    Way to go MTP, you should most definitely count this in your record, but of course it's your thread and you should do whatever you want to do. I didn't see this until way late, but I got on the Wisc-mil game at least. Thanks for the win!!!

    How do you like bookmaker? Can you sell any points? Do you ever do any bets from your cell?

     
    mtp104
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    Posted: Feb. 13, 2011 - 1:28 PM ET #283

    $4,756.86

    Record 28-12-1

    Timc,

    I'm not a professional to start as thats obvious.  I do not use a number generator.  I follow line movements on plays much of the time that I like.  I also follow other handicappers.  I use many tools and resources all of which are available to everyone.  I really think the internet allows us all the information to handicap games in many different ways.  Its easy to pick winners its hard to beat the mental side of this businnes along with money management.  I would advise people before they ever bet a game to understand that the mental edge and money  management edge is the most important tool.  When you combine strong plays, moneymanagement, and having a mental edge you can beat the books and be in the small % of people who win.  That is what makes me successful along with the fact that I have been humbled my the busiiness many times before!  Hopefully I didn't dissapoint you into thinking I'm some statistical guru.  Anyone can handicap a game until their brain explodes but that will burn u out.  Everyone needs to fnd a way to stay motivated and do what works for them. 

    Cardsfan,

    Bookmaker has always been good to me.  I do not place bets over the phone unless I absolutely have to which is rarely the case.  As far as selling points I have no idea.  If you are someone that plays everyday then you may not like Bookmaker because the lines aren't always good .  That is why finding the correct line is so important as we all know. 

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    $4,756.86

    Record 28-12-1

    Timc,

    I'm not a professional to start as thats obvious.  I do not use a number generator.  I follow line movements on plays much of the time that I like.  I also follow other handicappers.  I use many tools and resources all of which are available to everyone.  I really think the internet allows us all the information to handicap games in many different ways.  Its easy to pick winners its hard to beat the mental side of this businnes along with money management.  I would advise people before they ever bet a game to understand that the mental edge and money  management edge is the most important tool.  When you combine strong plays, moneymanagement, and having a mental edge you can beat the books and be in the small % of people who win.  That is what makes me successful along with the fact that I have been humbled my the busiiness many times before!  Hopefully I didn't dissapoint you into thinking I'm some statistical guru.  Anyone can handicap a game until their brain explodes but that will burn u out.  Everyone needs to fnd a way to stay motivated and do what works for them. 

    Cardsfan,

    Bookmaker has always been good to me.  I do not place bets over the phone unless I absolutely have to which is rarely the case.  As far as selling points I have no idea.  If you are someone that plays everyday then you may not like Bookmaker because the lines aren't always good .  That is why finding the correct line is so important as we all know. 

     
    mtp104
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    Posted: Feb. 13, 2011 - 1:32 PM ET #284

    My goal is the have this thread up for as long as possible and keep winning at a realistic%. 

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    My goal is the have this thread up for as long as possible and keep winning at a realistic%. 

     
    paul_scholes
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    Posted: Feb. 13, 2011 - 1:51 PM ET #285

    Quote Originally Posted by mtp104:

    My goal is the have this thread up for as long as possible and keep winning at a realistic%. 




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    Quote Originally Posted by mtp104:

    My goal is the have this thread up for as long as possible and keep winning at a realistic%. 




     
    mtp104
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    Posted: Feb. 16, 2011 - 6:03 PM ET #286

    NBA

    Indiana Pacers -1.5

    55% kelly wager

    Risking $261 to win 238

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    NBA

    Indiana Pacers -1.5

    55% kelly wager

    Risking $261 to win 238

     
    mickjam
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    Posted: Feb. 17, 2011 - 5:31 AM ET #287

    Looking at the boxscore, seems like Indiana just couldn't quite overcome a crappy 1Q.  They really are awful on the road.

    You had to lose one eventually, I guess.  Looking forward to the next pick!
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    Looking at the boxscore, seems like Indiana just couldn't quite overcome a crappy 1Q.  They really are awful on the road.

    You had to lose one eventually, I guess.  Looking forward to the next pick!
     
    cardsfan82
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    Posted: Feb. 17, 2011 - 10:12 AM ET #288

    I started to give up on this one, but they stormed back, then they looked dead again, only to pull back into it. Ugh, what a roller coaster, lol. It sure looked like they were gonna pull it out for ya MTP, but I guess not this time. Can't wait to see who you pick next!
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    I started to give up on this one, but they stormed back, then they looked dead again, only to pull back into it. Ugh, what a roller coaster, lol. It sure looked like they were gonna pull it out for ya MTP, but I guess not this time. Can't wait to see who you pick next!
     
    mtp104
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    Posted: Feb. 17, 2011 - 6:59 PM ET #289

    No excuses here! 
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    No excuses here! 
     
    mtp104
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    Posted: Feb. 17, 2011 - 8:06 PM ET #290

     Bankroll 4,495.86

    Record 28-13-1

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     Bankroll 4,495.86

    Record 28-13-1

     
    mickjam
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    Posted: Feb. 18, 2011 - 9:52 PM ET #291

    Reason # 238 of why Covers needs a delete function a la Facebook.  Douchebags like this.
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    Reason # 238 of why Covers needs a delete function a la Facebook.  Douchebags like this.
     
    mtp104
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    Posted: Feb. 18, 2011 - 11:27 PM ET #292

    Mickjam ?
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    Mickjam ?
     
    kreatture
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    Posted: Feb. 18, 2011 - 11:53 PM ET #293

    I'm confused too.. wrong thread maybe, mick?? Or maybe someone posted something here which was so lewd, Covers deleted it before we saw it.
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    I'm confused too.. wrong thread maybe, mick?? Or maybe someone posted something here which was so lewd, Covers deleted it before we saw it.
     
    cardsfan82
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    Posted: Feb. 19, 2011 - 1:14 AM ET #294

    Dang, what did I miss. I looked back to post 238 thinking maybe there was something there, but nope. I'm so lost, lol. Good luck sorting it out
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    Dang, what did I miss. I looked back to post 238 thinking maybe there was something there, but nope. I'm so lost, lol. Good luck sorting it out
     
    mickjam
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    Posted: Feb. 19, 2011 - 11:01 AM ET #295

    Sorry, didn't realize it would get deleted.  Some douchebag hawking fake handbags, shoes, other crap.

    The mods are omnipresent in Covers; that post didn't survive more than an hour.

    The #238 was just a stupid opening line, not a reference to post 238  I wanted to underline the fact that there are many many reasons why a delete function would be most handy.  Eliminating the clutter of handshakes, etc being another.
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    Sorry, didn't realize it would get deleted.  Some douchebag hawking fake handbags, shoes, other crap.

    The mods are omnipresent in Covers; that post didn't survive more than an hour.

    The #238 was just a stupid opening line, not a reference to post 238  I wanted to underline the fact that there are many many reasons why a delete function would be most handy.  Eliminating the clutter of handshakes, etc being another.
     
    mtp104
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    Posted: Feb. 19, 2011 - 12:31 PM ET #296

    NCAAB

    Two team parlay  Furman and Long Beach State

    Odds -117

    Kelly wager 55%

    Risking $111.79 to win $95.20

     

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    NCAAB

    Two team parlay  Furman and Long Beach State

    Odds -117

    Kelly wager 55%

    Risking $111.79 to win $95.20

     

     
    cardsfan82
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    Posted: Feb. 19, 2011 - 6:20 PM ET #297

    Just for you mick! lol Best of luck tonight mtp, and everyone else who tailed!
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    Just for you mick! lol Best of luck tonight mtp, and everyone else who tailed!
     
    mickjam
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    Posted: Feb. 19, 2011 - 9:13 PM ET #298

    I got home ten minutes too late for the play.  Looked in at halftime and thought damn, dodged a bullet.  Now I see Furman covered pulled it off.  Wondering if I should put some loose change on the back half of the parlay.
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    I got home ten minutes too late for the play.  Looked in at halftime and thought damn, dodged a bullet.  Now I see Furman covered pulled it off.  Wondering if I should put some loose change on the back half of the parlay.
     
    cardsfan82
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    Posted: Feb. 20, 2011 - 1:44 AM ET #299

    I hope you did mick! Nice win tonight mtp! Good luck with your next onw!
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    I hope you did mick! Nice win tonight mtp! Good luck with your next onw!
     
     
    mtp104
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    Posted: Feb. 20, 2011 - 11:20 AM ET #300

    Bankroll: 4,591.06

    Record: 29-13-1

    Nice come from behind winner on Furman yesterday.  Long Beach was winning that game from start to finish.

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    Bankroll: 4,591.06

    Record: 29-13-1

    Nice come from behind winner on Furman yesterday.  Long Beach was winning that game from start to finish.

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    • PART DEUX 216 Covers arrow

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