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The Kelly Criterion is a mathematical formula that helps determine the optimal bet size based on the perceived edge and the available odds. It provides a systematic approach to bankroll management and aims to maximize long-term growth while minimizing the risk of ruin. wealthy slots, When placing a point spread bet, it's important to understand how the odds are calculated. The odds associated with point spread bets are typically -110 for both the favorite and the underdog. This means that to win 0, you would need to bet 0. The sportsbook charges a small commission, known as the vig or juice, to facilitate the wager.

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