04/08/2026
You don’t need a finance degree to size your bets. But there’s a 300-year-old formula that might stop you from bleeding your bankroll.
I’ll be real. First time I heard about the Kelly Criterion, I thought it was some math nerd nonsense from a Discord guy talking about “optimal bet sizing.”
Then I lost 40% of my bankroll in two weeks flat betting NFL props at five units.
That’s when I started paying attention.
You don’t need a finance degree to size your bets. But a 300-year-old formula might actually help you stop bleeding units.