20th October 2003, 09:02 AM
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Member
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Join Date: Jan 1970
Location: Canberra
Posts: 730
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JFC - please enlighten us all on your superior risk management methods!
I have looked at Kelly quite extensively but have dismissed it as too risky and too impractical for horse racing - obviously you disagree so would love to hear your opinion.
I use percentage of bank as my preferred system with the percentage depending on the system I am using and the level of risk for that bank (like Chris I allocate seperate banks to different betting systems). For my two current horse-racing "systems" I use 2% and 5% of bank (reducing) and for tennis I use 5% of bank non-reducing.
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