Episode 42: Bankroll Management, Kelly Criterion, and Evaluating Amateur Bettor's Picks
On this episode, Rob and Johnny discuss: Determining the Size of Your Bankroll Choosing a Staking System Flat-Betting vs Percentage Betting Kelly Criterion Could you Tackle Derrick Henry? Amateur Sports Bettor Picks & Much more... Check out LayItWithLuke's betstamp profile - https://betstamp.app/u/LayitWithLuke SportsBetting #betstamp ON TWITTER... Follow CirclesOff @CirclesOff Follow Rob @RobPizzola Follow betstamp @betstamp SHOW INDEX: (00:00) Intro (04:25) Bankroll Management/What is Bankroll? (08:23) Determining Size of Bankroll (11:34) Determining Risk Profile (14:27) Choosing a Staking System (17:45) Flat-Betting vs Percentage (22:15) Probablities - Kelly Criterion (34:49) Tips for Bankroll Management (37:00) Adjusting Play Size (38:21) Lay It With Luke (54:00) Luke's Betting (56:00) Thought Process (1:05:00) Injury News Reactions (1:06:30) Unit Size Variance (1:15:00) Key Takeaways Learn more about your ad choices. Visit megaphone.fm/adchoices