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Category: Betting Theory

What is Dutch Betting?

Posted on December 23, 2013 by Mike Wilson | 2 Comments
An overview of Dutch Betting and how to apply it.
Read more »

Priomha Capital – Australian Sports Betting Hedge Fund

Posted on September 19, 2011 by admin | 2 Comments
Previously we reported on the Galileo Managed Sports Fund, which claims to be the world’s first sports betting hedge fund. In 2009 Priomha Capital entered this space in Australia. It currently offers a multi-sport and event fund, called the Priomha…
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Kelly Criterion – Part 3d – Fractional Kelly Betting

Posted on July 27, 2010 by admin | 4 Comments
This post continues Part 3 of a series on the Kelly criterion and its application to sports betting. Part 1 provides an introduction to the Kelly criterion and a worked example. Part 2 provides a simple derivation. This post discusses…
Read more »

Kelly Criterion – Part 3c – Incorporating the Possibility of a Refund

Posted on July 26, 2010 by admin | 1 Comment
This post continues Part 3 of a series on the Kelly criterion and its application to sports betting. Part 1 provides an introduction to the Kelly criterion and a worked example. Part 2 provides a simple derivation. This post extends…
Read more »

Kelly Criterion – Part 3b – Accounting for the Time Value of Money

Posted on July 21, 2010 by admin | 0 Comments
This post continues Part 3 of a series on the Kelly criterion and its application to sports betting. Part 1 provides an introduction to the Kelly criterion along with a worked example. Part 2 provides a simple derivation of the…
Read more »

Kelly Criterion – Part 3a – Backing and Laying Bets with Betfair

Posted on July 18, 2010 by admin | 7 Comments
This post is Part 3 of a series on the Kelly criterion and its application to sports betting. Part 1 provides an introduction to the Kelly criterion along with a worked example. Part 2 provides a simple derivation of the…
Read more »

Kelly Criterion – Part 2 – Derivation

Posted on July 14, 2010 by admin | 7 Comments
This post is Part 2 of a series on the Kelly criterion and its application to sports betting. Part 1 of this series provides an introduction to the Kelly criterion along with a worked example. This post provides a simple…
Read more »

Kelly Criterion – Part 1 – Introduction

Posted on July 12, 2010 by admin | 5 Comments
In an earlier post I showed how to determine whether to place a bet on a particular sporting outcome. While the post discussed whether to bet, it didn’t determine how much to bet. This post will serve as the first…
Read more »

Managed to Green Up for the French Open

Posted on June 8, 2010 by admin | 0 Comments
I managed to “green up” for the Woman’s title in the 2010 French Open. By this I mean I managed to lock in a profit regardless of the outcome. I’m now on a streak for woman’s tennis. I prefer betting…
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Get a free 2010 FIFA World Cup Jersey!

Posted on May 28, 2010 by admin | 2 Comments
As a follow up to its previous promotion, Luxbet is now offering new members a 2010 FIFA World Cup jersey of your choosing from the 2010 FIFA World Cup. Sign up before July 18 2010 and deposit $150 or more…
Read more »
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