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Layer's Aid betting calculator - calculating liability and layable backer's stake on Lay bets. The Layer's Aid calculator calculates: Your liability on a Lay bet How much you can afford to lay for a given liability Calculating your liability on a Lay bet This shows that if you want to lay a selection for £50 at 3.75, your liability would be £137.50.

Layer's Aid betting calculator - calculating liability and layable backer's stake on Lay bets

In other words, unless you had other outstanding positions in the same market, you would need to deposit £137.50 into your betting exchange account to cover the bet. Calculating how much you can afford to lay for a given liability In this example, you have £100 in your betting exchange account and would like to lay a horse for as much as you can at 1.21. Layer's Aid shows you that you can afford to lay £476.19 at that price. Extrabet.com - sports betting, bet in-play, bet in-running. Get our weekly sports betting update email: You're using an old version of Internet Explorer, which may be causing this site to run slowly.For the best performance we recommend upgrading Internet Explorer or using Google Chrome or Firefox.

extrabet.com - sports betting, bet in-play, bet in-running

Fluminense v Figueirense 45' - 2nd Goal (Flu) Internacional v Vitória 39' - 4th Corner (Int) 8' - 2nd Corner (Amé) Sat 18:00 Set 1, Game 1 - Cornet holds to 15 Bouchard v Kucova Set 1, Game 6 - Bouchard holds to 15 QF1: Laaksonen v Dzumhur Set 1, Game 7 - Laaksonen holds to 40 Desein Pospisil QF1: Desein v Pospisil Set 3, Game 2 - Desein holds to 30 J. Bot 7th, 0 Outs Sun 08:00 Sat 23:30 Sun 00:05 Sun 04:00 Sun 06:00 Sun 10:00 Sun 12:00 Sun 12:30 Sun 13:00 Sun 14:00 Sun 14:05 Sun 14:30. Kelly criterion. In probability theory and intertemporal portfolio choice, the Kelly criterion, Kelly strategy, Kelly formula, or Kelly bet, is a formula used to determine the optimal size of a series of bets.

Kelly criterion

In most gambling scenarios, and some investing scenarios under some simplifying assumptions, the Kelly strategy will do better than any essentially different strategy in the long run (that is, over a span of time in which the observed fraction of bets that are successful equals the probability that any given bet will be successful). It was described by J. L. Kelly, Jr in 1956.[1] The practical use of the formula has been demonstrated.[2][3][4] In recent years, Kelly has become a part of mainstream investment theory[7] and the claim has been made that well-known successful investors including Warren Buffett[8] and Bill Gross[9] use Kelly methods. Statement[edit] where: If the gambler has zero edge, i.e. if b = q / p, then the criterion recommends the gambler bets nothing. 1. 2. To 3. . ) for . Betfair.com: Online Betting, Sports Betting, Horse Racing, Football. IG Sport - Sports Spread Betting.