This article summarizes a investigate conducted in order to judge the optimal parameters for money management strategies. The investigate is supported on a comparison between statistics of crowning vs. secondary European football leagues activity in 2008/09 and 2009/10 seasons.

Definitions

In order to present the results of the research, a number of definitions are required.

* Value bet is the measure of inconsistency between punters’ and bookmakers’ predictions for the upcoming correct outcome. Each outcome has a distinct value.
* A continuance look refers only to the continuance of potentially profitable outcomes. For example, if the quantity of a win is 50%, then only outcomes with ratio higher than 2 are considered a continuance bet. The instruction is as follows: ratio x the quantity of a win. If the continuance is higher than 1, the look is considered a value bet.
* The probabilities of home win draw away win are estimated by the average oftenness of their attendance during a season.
* Kelly’s strategy defines the optimal stake that a punter should locate on a favorite.
* Given the continuance of apiece outcome, the profit is calculated supported on the hypothesis that the punter places a stake according to the Kelly’s strategy. If the sporting stake is negative, the punter doesn’t play. The profit is calculated using bookmakers’ average sporting odds.
* An optimal continuance look is the continuance look that brings the maximal profit.
* Data from ten crowning and ten secondary leagues from the following European countries was analyzed: Austria, England, Netherlands, France, Germany, Greece, Italia, Scotland, Espana and Turkey.

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