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The Science of Calculating Winning and Losing Streaks
This article is a short journey to the theme ‘risk management’ as we are often asked…
How high should be a starting bank?
Is 5,000 units enough?
Well, there is no standard answer to this question. It all depends on the individual...
How to Calculate Losing Streaks & Optimal Bankroll
In this article we will teach you to determine how large your starting bank needs to be to avoid bankruptcy by calculating the longest losing streaks that can be expected from your chosen betting strategy.
What is Bankroll Management?
Bankroll...
The Challenge of Predicting Individual Events
Why is it so awfully difficult to predict single events accurately, when the synergy of multiple events aggregated together seems far easier to guess?
Many people are able to predict how things will develop in their personal lives over a period...
Is Football Betting Safer than Stock Market Trading? A Few Thoughts…
In the German language version of my article, “An observation about stock trading and football betting” a comment was recently received from a keen observer (translated as follows):
“Companies can go bust. Then the entire share...
Similarities and Differences between Stock Trading and Football Betting
Analysing Investments
In the stock market there is a rule of thumb: Buy shares when the stock chart heads in a direction from bottom left to top right, and don’t burn your fingers when the curve is falling from top left to bottom right.
Whether...