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February 17, 2025 63 mins

Our special guest on the Betting 360 podcast features an interview with Dan Abrams, the author of "But How Much Did You Lose?".

Dan shares his journey from poker to sports betting, and how he applies mathematical concepts like the Kelly Criterion to optimise betting decisions. He explains the difference between expected value and expected growth and the importance of managing variance in betting.

When should you cash out? Abrams details hedging strategies, including his neutral hedge gambit, and how they are impacted by bankroll size. The interview also covers techniques like middling, arbitrage and scalping. He has some great advice for both beginner and experienced sports bettors, emphasising risk management and awareness of correlations between bets.

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