Betting Strategies

Site Terminology and How to Read the Tables

Friday, October 24, 2014 by Gregory Wagner
An explainer of the terminology on the site and what each of the columns of the tables mean.

Parlay Bets are Sucker Bets

Sunday, October 5, 2014 by Gregory Wagner
In the long run, parlay bets are suckers bets you have a better edge on betting on single game bets.

Optimized Betting for Multiple Games at the Same Time 

Saturday, October 4, 2014 by Gregory Wagner
Kelly betting is an optimal betting strategy when you are making a few bets at the same, but when you are making many bets using the better's edge would be a better method. This is shown by a paper by Chris Whitrow

Kelly Betting for Fun and Profit  

Friday, September 19, 2014 by Gregory Wagner 
The Kelly criteria is a proportional betting strategy that uses the betting odds and probability of correct prediction to calculate an optimal bet.


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