Hi, just wondering if it makes sense to adjust for open bets if i am doing on average 100 bets per day and usually 60-80% of the bankroll? My logic is that I should turn it off since the first bets placed have preference over the bets placed last and then while i am maintaining 60-80% of the bankroll, i will always put smaller bets. On the other hand i have been betting with the option turned on and have been profitable with a 5% yield so far after 3.000 bets. Thoughts?
The vast majority don’t have it on
Keeping it on means I am able to place 100 bets on average though, not sure if I turn it off it would be the same. So it is a question of what is more profitable in the long term, big number of adjusted bets or smaller number of big bets.
Profit will be the same as long as you bet same amount. With AFOB on may require 100 bets to place bankroll (in theory you can not place the entire bankroll since your stake just gonna get smaller and smaller…). With AFOB OFF may require 80 bets. Profit will be the same but you will spend more time placing bets. Like @emilovich wrote; majority do not have it on. There are better methods for bankroll management. RB has a great article about it.
If your goal is to place the bankroll with 100 bets then it is better to adjust your Kelly.
I have AFOB off and need about 90 -100 bets to place the BR.
Also, you will be able to have 100 open bets if stakes are 1% or less of your bankroll regardless of whether you turned on AFOB, use Kelly, or flat stake. I sometimes have 160-200 open bets during the peak days of an account (bet365) because profit has grown and I’m staking a lesser percentage of the BR. Say 6k in an account, ideally I’m meant to be staking 60, right? But in this case, i just go with 30/40 hence how I’m able to have allotta open bets to spread the variance.