Kelly (optimal) – the punter needs to estimate fair odds (in the European/decimal format) and then calculate the stake using :
Penny Falls
spread betting
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Football matches (particularly on Association and American football)
Non-casino gambling games
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The shell game
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PAULM, A $142,460 Jackpot winner from Georgia:
Gambling in Monaco
Wager between John Pierpoint Morgan and Hugh Cecil Lowther, 5th Earl of Lonsdale on whether a man could walk round the world and remain unidentified
