February 7, 2007

Sports Betting-How To Use The Kelly Criterion

Like many rules in the gambling business, the Kelly Criterion should just be a guideline. If you're new to statistical betting, you may want to follow it almost blindly until you get the hang of it but over time you'll develop your own skills that will allow you to take the Kelly Criterion into consideration but to use it as one of several different ways to weigh the information at hand.

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