Remember that with the Kelly Criteria, you will not lose all your money straight away, because the stakes are decided as a percentage of the actual size of your fund. How often, and how well you are able to pick value-objects Experience is very important in the art of sports betting. Picking value objects correctly, and often enough, is the trickiest part. Only by gaining experience you can become a clever punter. The bookmakers do not offer a lot of value objects, so you have to shop around with several bookmakers, and look for objects with a high spread.
High spread means that bookmakers have different views to what is the correct odds on a match.
Use services on the Internet to compare odds from several bookmakers. Crastinum and Gamblersdomain are examples of excellent free services. Bookmakers rarely offer many value objects during a week. Do not expect to find value in more than 2-5 events during a week. When you find an object which you think has got value, check this event carefully.