Here is a very simplified function to simulate +EV betting for x bets with x amount of initial bankroll applying x % CLV/EV staking x percentage of the current bankroll.
Simplifications:
- No Kelly - just a fixed, user-defined stake size of x % of the current bankroll
- Only 50/50 bets
- Every bet is instantly settled
Purpose:
Just to give you a feel of the possible variance in x amount of bets and possible profits/losses.
There is, however, a tendency for less variation if you use similar settings, but with a kelly factor. That’s one of its biggest purposes.
How to run it:
Go to
choose your input parameters and click the button 
I encourage you to simulate the outcome with the same parameters a lot of time to get a feel for variance. Then change some settings and keep hammering the button again to observe changes to variance width.
User input:
- Number of total bets simulated
- CLV in %
- Stake size of current bankroll in %
- Initial bankroll
Output (Example with standard parameters):
| Wins: | 1009 |
|---|---|
| Losses: | 991 |
| Max. Uprise: | 125 % |
| Max. Drawdown: | 42 % |
| Highest Bankroll: | 2251 |
| Lowest Bankroll: | 576 |
| Current Bankroll: | 2119 |
| Initial Bankroll: | 1000 |
| Expected Profit in %: | 60 % |
| Current Profit in %: | 112 % |
| Expected Profit: | 600 |
| Current Profit: | 1119 |
Enjoy! 