|
|
 |
A positive expectation bet generally has more practical value if the probability
of winning is greater, holding the positive margin constant, or if the positive
margin is greater, holding the probability of winning constant.
While the positive expectation bet is the basic component of profitable sports betting,
deciding the level of risk exposure that a positive expectation bet warrants is
crucial. Overexposure to a positive expectation bet with a large margin but a small
probability of winning can be detrimental to the long term growth of funds. On the
other hand, underexposure to a positive expectation bet with a large margin and
a high probability of winning will also impair the growth of your fund.
Betgraphs continuously assigns and updates practical value ratings to the positive
expectation bets it discovers, so that subscribers can determine exactly how they
should allocate their funds. Our algorithms build on the scientific work published
in 1956 by J. L Kelly, Jr. in “A New Interpretation of Information Rate”, and the
output is made available to subscribers under the trademark ‘mScope’.
|
|
|
|
 |
|
|
|