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## How do you calculate your bet size?

Your default bet size should be **three times the big blind**: 3 x $2 = $6. If four people called the big blind (red frame and number), you could add another: 4 x $2 = $8. Your total bet would be $6 for your base bet + $8 for four limpers = $14 total.

## How is Kelly formula calculated?

The Kelly formula simply and elegantly states that an investor should calculate **edge divided by odds** to determine how much to invest in a security. … The Kelly formula (edge/odds), in expanded form, is: (P*W-L)/P. In this formula, P is the payoff, W is the probability of winning, and L is the probability of losing.

## How much is a 4 bet?

Usually, a 4bet should be **about 2.25x the 3bet size**. Therefore, assuming hero open-raised 3bb and villain 3bet to 10bb, a good amount to 4bet would be about 22.5bb total. It’s not uncommon for players to simply double a 3bet amount when 4betting in position, and re-raise to 2.25x when out of position.

## How do you size a 3 bet?

The 3x rule means that your 3Bet should always be **at least 3x the original raise**. For Example: Player A raises to 3 dollars. Player B should 3Bet to 9 dollars.

## Does Warren Buffett use Kelly Criterion?

The Kelly Criterion is a method of analyzing your odds and assigning a number to those odds. Big-time investors such as Warren Buffett and Bill Gross have recently revealed that they use a **form of the Kelly Criterion** in their investment process.

## What is a good Kelly score?

Investors can put Kelly’s system to use by following these simple steps: Access your last 50 to 60 trades. … To do this, divide the number of trades that returned a positive amount by your total number of trades (both positive and negative). This number is better as it gets closer to one. **Any number above 0.50 is good**.

## What is bet size?

Although fashions in bet sizing are always changing, and advanced players have different reasons for betting different sizes, the following are widely accepted definitions: Small bet: about half the pot. **Medium sized bet: between half and three quarters of the pot**. Large bet: more than three quarters of the pot.