Kelly criterion stake sizing strategy
ValueBetting has a built-in staking strategy: Kelly criterion for stake sizing. This will ensure optimal profits, but you can also use it to lower risk. Default Kelly is set to 30%.
Default max stake is 2%. The max stake is set in percent relative to your bankroll.
Default settings are minimum odds of 1.2 and maximum odds 3.1. Don’t bet on the highest odds just because they give the highest value. Higher odds are more unlikely to result in a win and this will increase the variance. Have an even lower max-odds to further reduce variance. For instance, don’t bet on value bets with odds higher than around 2.5. This is, of course, all depending on how much variance you are willing to take.
Minimum and maximum value
ValueBetting has default settings to show a minimum value of 2% and a maximum value of 20%. Betting on higher value will over time increase your yield (and your profits), and give you a larger buffer against shifting odds. If you have enough bets, try increasing the minimum value to 3%.