OZmium Sports Betting and Horse Racing Forums - Strike rates, runs of outs and banks

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Strike rates, runs of outs and banks

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#11

14th November 2005, 04:10 PM

jfc

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Join Date: Jan 1970

Location: Sydney

Posts: 402

Quote:

Originally Posted by Duritz

System A has a 22% s/r, ave div $4.80. What's the % of bank you should outlay and be safe?

System B has a 6% strike rate, ave div $17.20. What's the % of it you should outlay and be safe?

I'm amazed that no one here has supplied the one and only correct solution.

The Kelly Criterion says Edge/Odds.

If you believe in the long-term consistency of the systems:

System A: Edge=5.6%

Stake = 1.47% (=5.6/3.8%)

System B: Edge=3.2%

Stake = 0.1975%

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