Flat Betting vs Kelly Criterion: Which Bet Sizing Method Wins Long-Term?
Two bet sizing methods dominate serious betting discussions: Both are logical.Both are mathematical.Only one fits most bettors in the real world. What Flat Betting Really Is Flat betting means: Usually: Flat betting assumes: It’s conservative by design. What the Kelly Criterion Tries to Do The Kelly Criterion sizes bets based on: The formula attempts to: And…
