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General discussion about Bf Bot Manager v3 software for Betfair, Betdaq and Matchbook betting exchanges
By wolf67
#20237
I would like to set the staking rule with Kelly Criterion but don't really get the settings, i would like to bet 2% of my bank for each bet for example £200 which would then be £4 first bet what divisor do i use for that and what the % of expected win have to be to stay at 2%/£4 (first bet) of my bank for the strategy?
Thanks for your help :D
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By BfBotManager
#20238
Hi wolf67,

At Kelly staking plan settings form you have detailed explanation in blue letters. Just enter your settings to formula and then do calculations to find the settings that will work like you want them to. Then test it in simulation mode.

You can duplicate strategy and run them at same time to test different Kelly settings and compare results.

Regards,
Rade