When You Should Increase Your Bet

Finding the right way to size your bets doesn't have to be complicated. There are three basic approaches you can use. Captain Jack explains what they are, and what types of bets lead you to choose one over the other. To get our Bet Tracker, join our Discord here and check out the pinned message on the #general channel. https://unabated.com/discord The Kelly Criterion formula is: f* = (bp - q)/b Where: f∗ = fraction of bankroll to bet b = decimal odds − 1 (e.g., 2.50 odds = b-1.50) p = probability of winning (your edge) q = probability of losing = 1−p How to set up in Sheets/Excel: In A1: enter your bankroll (e.g., $1000). In A2: enter the odds in decimal format (e.g., 2.50). In A3: enter your estimated probability of winning (as a decimal, e.g., 0.55 for 55%). In A4: calculate q: =1-A3 In A5: calculate b (odds minus 1): =A2-1 In A6: Kelly fraction f*: =(A3*A5 - A4)/A5 In A7: Recommended bet size: =A1*A6 Optionally create a Kelly fraction variable in A8 and set to .25 or .125 for quarter Kelly or eighth Kelly, then in A9, to get your bet size scaled by Kelly fraction, use: =A7*A8 Sign up for Unabated today at unabated.com/pricing Line shopping is one of the single most important things a bettor can do to get an edge over the books. Unabated makes that simple with our odds screens across every major American sport. Best of all, they’re free to use for all: https://www.unabated.com —----------------------------------------------- Take our odds screen and so much more to the next level by signing up Unabated Premium and get access to best-in-class sports betting tools like the Unabated Line, the alt-line calculator, the partial-game derivatives calculator, articles, livestreams and direct access to some of the sharpest minds in sports betting today to help refine your approach as you take on the books: https://unabated.com/pricing —----------------------------------------------- Follow us: Twitter:   / unabatedsports   Instagram:   / unabatedsports   Listen to The Unabated Podcast: https://podcasts.apple.com/us/podcast... Sign up for our newsletter: https://unabated.com/newsletter Talk to us: Discord:   / discord   0:00 - Intro 1:03 - How to Size Your Bets 4:59 - Knowing Your Sports Betting Edge 6:40 - The Hybrid Betting Method