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#1
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Kelly Betting Question
Earlier today SIA had Rockies +1.5 -150 and both 5 Dimes and Pinnacle had the line Phillies -1.5 +151/Rockies +1.5 -161. I chose to bet the SIA line rather than arb it. For Kelly Betting purposes, should I be using +151/-151 or +156/-156 as the fair value, or somewhere in between?
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#2
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Re: Kelly Betting Question
i'd use 156 as the real value
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#3
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Re: Kelly Betting Question
[ QUOTE ]
i used 156 as the real value [/ QUOTE ] |
#4
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Re: Kelly Betting Question
Neither; handicap it to remove bettor biases.
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#5
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Re: Kelly Betting Question
[ QUOTE ]
Neither; use the market value to remove bettor biases. [/ QUOTE ] |
#6
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Re: Kelly Betting Question
Tom,
Isn't -156/+156 the market value? |
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