Bankroll Management for Sports Trading and Betting Using the Kelly Criterion for Stake Sizing
Sports Betting 101
Understanding the Kelly Criterion is key for any bettor with a goal of becoming a professional sports bettor and do sports betting for a living. This video explains the following topics
What is the Kelly Criterion?
- How to apply it when trading sports and betting.
- How it relates to profits and risk.
- Why the Kelly Criterion is superior to flat stake sizing for bankroll management.
It is hosted by Marius from Trademate Sports.