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I am not using arbing strategy.

still focusing on the easy stuff



1) I can't/ am not willing sit there all day

2)Haven't got acess to software to notify me instead

3) Haven't got acess to software to place the bet for me, instead


later on it is a consideration.


The good aspect of value betting is that once you place the bet, you generally just leave it .Don't have to wait for it.


The bad aspect is the analysis, being wrong and that you are taking on risk and variance, unlike arb which is risk free.

 


Although an understanding of bookie spread and arbitiage as well as searching for the best odds, helps other strategies performance.




I personally wouldn't deviate from a fixed fractional alot, unless it was an extreme circumstance or the strategy was not fixed fractional in the first place. It just opens up Pandora's box. If I am tilting,  try and stop asap.


if odds were alot better, I might tweak it a bit but keep close to the fractional,but be conservative on other bets to try and counteract this. For example if the position size on a long shot optimal size should be 3%, but I like the bet( has good ev and difference in implied probability), I would make sure it is combined with other favourite bets, which might be 24% optimal size, so that  am still being within my limits. Every now and then I will place another bet on the same game, if odds move alot but will always make sure it is counteracted with other conservative bets.


I don't change it based on past successes.


 If bets become worse I would not make the bet after a certain point.


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