Starting Bankroll: $1,000
Current Bankroll: $1,078.51
Goal Bankroll: $10,000
Days Remaining: 234
Required EV (as a % of bankroll): 0.956%
Kelly Multiplier: .22
Risk $26.96 to win $39.36 on Toronto +146
Risk $26.42 to win $11.01 on St. Louis -240
Risk $22.43 to win $20.58 on Chi. Cubs - 109
Risk $20.82 to win $17.21 on Tampa Bay -121
Going forward, the calculations will be slightly different. I will still be determining our required EV based on the compound interest formula. However, rather than taking the "optimum" bet and setting it equal to said EV, I will plug all qualified bets into Kelly and adjust the Kelly Multiplier such that the Kelly EV = Our EV. The only thing that changes now is that our EG becomes maximized with respect to our EV.
Good luck to all!
Current Bankroll: $1,078.51
Goal Bankroll: $10,000
Days Remaining: 234
Required EV (as a % of bankroll): 0.956%
Kelly Multiplier: .22
Risk $26.96 to win $39.36 on Toronto +146
Risk $26.42 to win $11.01 on St. Louis -240
Risk $22.43 to win $20.58 on Chi. Cubs - 109
Risk $20.82 to win $17.21 on Tampa Bay -121
Going forward, the calculations will be slightly different. I will still be determining our required EV based on the compound interest formula. However, rather than taking the "optimum" bet and setting it equal to said EV, I will plug all qualified bets into Kelly and adjust the Kelly Multiplier such that the Kelly EV = Our EV. The only thing that changes now is that our EG becomes maximized with respect to our EV.
Good luck to all!
