- 3 Bankroll Management Systems to Avoid
Just to make it clear - all progressive systems are pure evil. They might be very fun, as you can succeed many times to achieve your initial goal. But remember - one bad run can bust your whole bankroll. [...]
- Kelly Criterion in Sports Betting
Developed by J.L. Kelly, in 1956, the mathematical formula has over the years served as the best alternative of maximizing profit while minimizing risk. Unlike other betting criteria which never bother on bettors money, Kelly’s C has the ability to bridge the gap between losing a bet and the entire bankroll. [...]
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