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Old 03-16-2008, 06:31 AM   #5 (permalink)
puff
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Join Date: 03-07-08
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Many thanks, guys.

Just trying to play around with the spreadsheet, putting in all the relevant parameters of my particular conundrum, but unless I'm missing something (and it's very possible, in fact probable, that I am!), it looks like the relevant read-only cell ("Stake", for "Position after Line Move") has been overwritten with an arbitrary number. Or perhaps it's just that I don't have Solver, and cannot Calculate Stakes. Either way, I still can't seem to make sense of it!

I thought the answer was just less than $400 too, RickySteve (833-455=$378). But I'm not sure that's right, since that gives you a new position of $833 @ average odds of ~ 2.14, and at those average odds, that would seem to be overstaking, according to Kelly.

Rest assured, Justin, I have every respect for market forces, just wanted to get a handle on the theory.
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