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SUMMARY
‘Adventure’ staking can help you land profits
THE KELLY KNOCKOUT PLAN
The Kelly Criterion is a money management and clutching system that is designed to maximise the growth of your bankroll over the long term.
Put another way, it gives bettors a method of calculating the optimal amount to bet on a horse and the best way to take advantage of overlays and underlays.
SUMMARY
Is this the best staking plan ever?
K.O. WITH KELLY
In his book Commonsense Betting, which is arguably the finest book written on the betting and the mathematics of horse-racing, US author Dick Mitchell wrote about various staking plans.One was the 'square root' plan whereby a base bet is established, say $20, and each bet you place is $20 plus the square root of any profit accumulated.
