Post
Topic
Board Gambling discussion
Re: Betting strategy question
by
Don Pedro Dinero
on 31/12/2022, 03:10:27 UTC
1 - will you take that bet?

Of course.

2 - if so, what % of your available funds would you put at stake (i.e. funds you're willing to gamble and afford to lose)?

Again, this is a single, non-repetitive bet.

I wouldn't break my rule of betting money I couldn't care less about losing, but I would bet more than usual. Even if it's clearly EV+, because it's a single bet, we're relying on variance for the outcome, and that outcome can be a loss.