(n.b. Still not sure if this is the right place, but it was suggested by @SRKX)
How would I calculate the percentage of my wealth to invest when LAYING/SHORT SELLING multiple mutually exclusive outcomes, using the kelly criterion?
Single exclusive outcomes for backing and laying I can do. Multiple mutually exclusive outcomes for backing I can do, but is there a specific calculation needed for laying multiple mutually exclusive outcomes?
There are already plenty of calculators that can do this regarding backing, but I can't seem to find nor calculate how to do this when it comes to laying?
I'd very much appreciate some direction. Thanks.