Topic: Maximize Betting Volume (Read 477 times)
The Kelly Criteria requires that you have a precise estimate how your odds on winning. That's simply impossible with sports betting unless you have the most consistent team in the world.
The only way to maximize betting size (and volume) is to use Kelly Criteria (Google it) on sports betting. But you should be sure about your advantage as otherwise result will be negative.
Depends on the game.
In most of them is to min bet unless there's some kind of progressive jackpot.
Best strategy is to not play at all, but I don't think that's what you want to do.
In most of them is to min bet unless there's some kind of progressive jackpot.
Best strategy is to not play at all, but I don't think that's what you want to do.
Anyone know what the best strategy is to maximize your total betting volume given a set bankroll?
The best way to maximize your betting volume is to bet in parlays. If you are sure about a result you can join it with another match and your pay will increase a lot.
I find 0.1% the safest and less stressful, going to 1% every now and again but be careful as 1% soon becomes %10 and then you betting alot of yout bankroll.
Depends on the game, and depends on what you mean by "maximize betting volume". Dice for instance has a fixed edge (typically 1%) so your expected loss is always going to be 1% of you wager. In other words, your expected volume is going to be 100x your bankroll. So really, the only thing you can control for is the volatility. Make a lot of bets, and you're volume is going to be extremely close to that. Make a small amount of large bets, and you'll be able to do either a lot more, or a lot less than that.
Other game (like poker or bustabit) you should be able to have infinite expected maximal volume if you only play when the game conditions suit you
Other game (like poker or bustabit) you should be able to have infinite expected maximal volume if you only play when the game conditions suit you
Anyone know what the best strategy is to maximize your total betting volume given a set bankroll?
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