Keep up-to-date with more top-notch betting articles by following us on Twitter PinnacleSports. However, it does require precise calculation of the likelihood of an event outcome, and discipline of this method will not provide explosive growth of your bankroll.

Ultimately the Kelly Criterion offers a distinct advantage over other staking methods such as Fibonacci and Arbitrage methods as there is a lower risk. You can also test the criterion for different values in this online sheet by using the code below.Ī negative percentage implies that you should not wager on this outcome. A positive percentage implies an edge in favour of your bankroll, so your funds grow exponentially. On the other hand, a sports betting strategy plans to achieve a particular outcome long term. These methods or rules are usually tested to make sure they are functional when applied correctly. Therefore the Kelly Criterion would recommend you bet 4%. A sports betting system is a set of betting rules or principles that you can use to place likely bets. However, the coin is biased and has a 52% chance of ending up on heads. Using a coin as an example of Kelly Criterion stakingįor example, consider you are betting on a coin to land on heads at 2.00.

Sports betting systems that work