Kelly Criterion put to the test.
Bankroll: 3,820
Record 31-19-1
Winning 62%
+1820 since 11/20/2010
Tough couple of losses. This is the nature of the business. Keep chugging. Still on pace for 1st year goal!
Bankroll: 3,820
Record 31-19-1
Winning 62%
+1820 since 11/20/2010
Tough couple of losses. This is the nature of the business. Keep chugging. Still on pace for 1st year goal!
Bankroll: 4,001 units![]()
Record 35-21-1
Winning Percentage 62.5%
+2001![]()
Just watched Fab Five Documentary brought back alot of memories good stuff. Hopefully people are following some of the recent winners!!!
Bankroll: 4,001 units![]()
Record 35-21-1
Winning Percentage 62.5%
+2001![]()
Just watched Fab Five Documentary brought back alot of memories good stuff. Hopefully people are following some of the recent winners!!!
Very excited about the Tourney coming up.
I haven't really come on here much to talk but I thought it was important to educate everyone on the importance of kelly wagering. The purpose of this thread has nothing to do with my picks and I know it may seem that way but it has everything to do with MONEY MANAGEMENT and LONG TERM INVESTING. Anyone can do what I have done the past few months as long as you follow your principles in this business. I rarely like the action of everyday sports betting and find it very difficult because it takes away from the long term picture and goals I have set for myself. I have a full time job and go to Graduate School full time. This is my passion and hobby and I understand that in order to win you need the write formula. I would encourage anyone with some discipline to try and be more selective in their picks and do this because you love it and not to pay rent! I still truly believe that if this business hasn't humbled you then you have know idea how to win. Some may say I use the kelly wrong or have know idea what I'm talking about but the bottom line is my numbers and plays are legit. I want everyone to stay motivated. I plan on retiring at 45 one day and if I follow my principles who knows maybe i'll get their. GOOD LUCK ALL> Just a rant from a man who doesn't speak often.
Very excited about the Tourney coming up.
I haven't really come on here much to talk but I thought it was important to educate everyone on the importance of kelly wagering. The purpose of this thread has nothing to do with my picks and I know it may seem that way but it has everything to do with MONEY MANAGEMENT and LONG TERM INVESTING. Anyone can do what I have done the past few months as long as you follow your principles in this business. I rarely like the action of everyday sports betting and find it very difficult because it takes away from the long term picture and goals I have set for myself. I have a full time job and go to Graduate School full time. This is my passion and hobby and I understand that in order to win you need the write formula. I would encourage anyone with some discipline to try and be more selective in their picks and do this because you love it and not to pay rent! I still truly believe that if this business hasn't humbled you then you have know idea how to win. Some may say I use the kelly wrong or have know idea what I'm talking about but the bottom line is my numbers and plays are legit. I want everyone to stay motivated. I plan on retiring at 45 one day and if I follow my principles who knows maybe i'll get their. GOOD LUCK ALL> Just a rant from a man who doesn't speak often.
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