Have you wanted a sports betting magic formula? The Kelly Criterion, a mathematical method, can maximize bankroll increase over time. Break this method into small bits before diving into difficult equations. Logic Behind Math Imagine flipping a coin. Win with heads, lose with tails. How about if the coin landed on heads 60% of the time? To maximize winnings, use the Kelly Criterion to determine how much to stake. It calculates the best wager size based on the victory probability (60%) and odds presented (heads payment). Applying Kelly Criterion to Sports Betting Sports betting is more complicated than a coin… ( Read More )