Originally Posted by accountinquestion View Post
It just dawned on me that Redietz despises Kelly as much as EV because his approach does not work at all for that. He just picks a few things where he feels the line is off after he does his handicapping.

He can't really estimate an EV with his methodology of hunches. SO it is also something worthy of his ridicule. As is applying Kelly to sports betting.

Evidently, unlike some folks, I have read the definition and caveats regarding use of Kelly Criterion, all of which are available if you simply Google it. Although, if you read the definitions carefully, it is possible for God to apply Kelly Criterion to sports betting.

I did not know there were so many omniscient people in the "AP" world. I salute you. You should probably start your own religion. Wait...you have, now that I think about it.

I love this. I get to bring in social psychological research from left field because it's apropos.