t-selections

The "t-selections" Optimal Wagering Strategy

Below is the t-selections optimal wagering strategy based on the Kelly Criterion. I have opted to minimize the inherent volatility present in the Kelly Criterion by incorporating a fractional strategy... In order to use the wagering strategy accurately and effectively, please follow these instructions:

Optional Fields:

• T - Track
• R - Race number
• H - Horse number

Required Fields:

• Starting Bankroll
• O - Odds of the horse
• p w % - Predicted win % (as a decimal, i.e., .27 for 27%)
• w l - Enter w or l for winning or losing bet
• p - mutual payout of winning horse

Automatically Calculated Fields:

• % w - Percentage of bankroll to bet based on the odds and the predicted probability of winning
• w A - Wager amount
• R - Total return on the bet
• t B - Running bankroll amount