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Strike Out

Written by John Jackson

“The difficulty lies, not in the new ideas, but in escaping from the old ones.”
John Maynard Keynes, 1935

Michael has suggested the staking strategy level stakes of twice the longest losing run for betting on a tipster’s recommendations; Eddie has suggested level stakes of three times an estimate of the longest losing run and estimates the longest losing run via the number of bets in a history and the historical strike rate. These are traditional approaches with intuitive appeal … but there are better methods, one of which I presented in my November money management article.

How then do I convince you to upgrade?

Let’s begin with a thought experiment where…

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