THE PRICE IS WRONG EP#19- Kelly Equation: The Bet-Sizing EQ used by Pros + CAW debate

GOOD BETS vs. GREAT BETS using the equation that all CAWs use. Why Most Horseplayers Can't Tell the Difference | + CAW Debate If you've ever cashed a winner and called yourself smart, this episode is going to sting. Today on The Price Is Wrong, I'm breaking down the Kelly Criterion aka the bet-sizing equation used by the sharpest gamblers, hedge fund managers, and professional horseplayers on the planet. It's the difference between getting lucky and getting paid. Most players have never heard of it. The ones who have mostly use it wrong. By the end of this episode, you won't. Then I go to war with a guest who debated me on X about CAWs, a former trader turned horseplayer. I'm bringing on a guest to debate the most explosive issue in horse racing right now: CAWs- Computer Assisted Wagering. Are the syndicates with rebates and millisecond pool access killing the retail bettor? What are possibilities to shift the landcape? Will they leave if they are taxed more appropriately? Or are they just the convenient scapegoat for players who don't know how to size a bet, find an edge, or read a pool? We don't agree. You decide. Topics covered: The Kelly Equation, explained without the math headache Why winning bets and good bets are not the same thing The single biggest reason recreational players go broke (and it's not picking losers) Live debate: Are CAWs the cancer of horse racing, or the excuse losers hide behind? The class-action lawsuit nobody's talking about, and what it means for your bankroll Luck Is Not a Choice. Math is. Press play. Subscribe → @thepriceiswrongg Follow on X #HorseRacing #KellyCriterion #CAW #Handicapping #ThePriceIsWrong #SportsBetting 🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/45660349...