Percentage of Bankroll and Profit Bet Sizing App.
Here's a little Excel workbook I created for incremental, percentage of bank bet sizing. The method increases your bet when you reach your preferred percentage of profit on the last current bankroll. You can enter your starting bankroll, your percentage of bank for bet calculation, your percentage of profit on the last current bankroll for timing bet increases, and your current bankroll, click a button, and your bet amount is displayed. I put it in the AllData RS Black Box program but decided to offer it, also, as a stand alone application, for those of you who would like to give it a try. There are instructions on the "Main" sheet explaining its operation.
If you are already profitable, it should help leverage your investments more efficiently than flat betting, Kelly/modified Kelly, or straight percentage of bankroll systems. You gotta make a specific level of profit before your bet size is increased. Lots of protection there.
If you are already profitable, it should help leverage your investments more efficiently than flat betting, Kelly/modified Kelly, or straight percentage of bankroll systems. You gotta make a specific level of profit before your bet size is increased. Lots of protection there.
percent_of_bank_and_profit_bet_sizing.zip | |
File Size: | 11 kb |
File Type: | zip |