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Tsm betting software on youtube
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If you had given each point a value of 0. It is very important to consider the risks before deciding upon your final settings, as losses can be significant. As you can see, in race 8 the target profit of 40 points was reached and exceeded. At this point all the profit is withdrawn and the sequence started again with 5 points as the target.
If you then go on to win at or over you will clear ALL outstanding losses and give the expected profit. In itself, this is a very powerful staking plan and if you can work out your optimum variables, you can very often turn a negative betting sequence positive. The above example can be shown in TSM by using the following settings. You can also set the divisor used. In the example above the divisor was 3. This may not be ideal for some users, but this limitation is unavoidable. Click, to enlarge image It may be useful to use both the Windows version of The Staking Machine for simulations, and the TSMapp version for storage and betting results analysis.
As displayed, the Monte Carlo simulator provides users of The Staking Machine with a wealth of information related to their betting strategy. The Kelly Criterion staking system aims to increase your betting bank at an optimal and maximum rate, the Kelly formula was developed in , by John L. Since most bets are placed at varying odds, the optimum bet amount would need to be calculated for each individual bet.
The Staking Machine will allow you to check how effective the Kelly Criterion staking formula may be on your winning betting system, with a single click. Furthermore, if using the Kelly Criterion for inplay betting, or with a betting bot and varying win probability. The betting bot would need to calculate the edge on the fly. If using The Kelly Criterion within betting automation, and betting bots, the perceived edge for usage with the Kelly Formula would need to be incredibly accurate.
The odds used here were all in a similar range, just less than 2. Bettors with the ability to pinpoint a bet, and apply a mathematical win probability above the odds currently on offer, along with a very high degree of precision, may find the Kelly formula highly efficient. If you asked Warren Buffet for his opinion, he might say the Kelly Criterion is better suited to the stock market. This is effectively an implied divisor to all risk calculations being carried out.
If using the correct divisor and bankroll management in sports betting, much the same could be accomplished though. In this formula example, P is the payout in fractional odds, W is the probability of a win, and L is the probability of loss, with S being the stakes fractional form. A divisor can be applied by The Staking Machine to the bet size calculated or stake, to reduce the liability or risk of each bet. This in turn will also decrease the payout.
Assuming your research and data leading to the edge calculations are correct, with an extreme degree of accuracy. Although this is configurable in TSM and can be increased or decreased. Click, to enlarge image This is all based on you having a winning betting system or strategy, your strategy must have an edge in order for any staking strategy available with The Staking Machine to work successfully, and with any continuity.
The Kelly Criterion is seen as very aggressive staking, it looks to multiply your bankroll and gains at a maximal mathematical rate. Click, to enlarge image The Staking Machine pops the percentage staking strategy right below level stakes on the Windows application, or TSMapp version. And also displaying a number of other metrics, such as maximum drawdown.
Depending on your betting strategy, other staking plans may prove more lucrative however. All this data, covering over 40 different staking systems is available at the click of a button. Monte Carlo simulations can be run across all betting staking plan systems simultaneously. This follows a similar idea to the Kelly Criterion and Kelly formula to maximise to potential of a winning betting strategy. Doing so, by altering the stake depending on the assumed edge, or winning possibility in comparison to the payout.
The difference is, while the Kelly Criterion uses a mathematical model to determine the exact risk amount for any individual bet or betting strategy. With a units or points based staking strategy, your pro horse racing or football tipster, will determine an advised pts or unit amount to be applied to each bet. Frank and follow the predictions, his racing tips are currently available through the popular Betting Gods sports tipster service.
While Quentin Franks tips are for horse racing only, Betting Gods host multiple other tipsters covering a complete range of sports, including football tips, greyhound predictions, most major US sports and much much more. To follow a winning betting system, be sure to take a look at Betting Gods. Or they can be used in combination, with the Windows version being used to carry out more CPU intensive staking simulations.
The applications differences are clearly explained on the purchase page of TSM , with the cloud version being slightly more expensive and based on a subscription, rather than a desktop application purchase as with the Windows version. TSMapp would be the obvious choice for Apple Mac bettors. Support is lightening fast, via email, or the contact form on The Staking Machine website.
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