If you lose $10 on a tennis match, BJ, how much should you bet next, if the next match is Roddick $3 vs Hewitt $1.40. Alternately, what if the odds were reversed (ie Roddick $1.40 vs Hewitt $3). What would you do in each case to follow your previous advice of betting more "on the winner".
Let's assume you get it wrong (thus losing your bet) and the next match is either Roddick $3 vs Federer $1.40 or Hewitt $3 vs Federer $1.40. What to bet then? It is simple to say "bet more on winners than on losers" except that we don't know which is which until AFTER the match. Can you clarify this advice by showing us what we should do in the above. Thanks.