Kelly criterion question

[mybookies]

Hy, I didnt posted much, but will now a little. If you use kelly criterion and that calculation tells you to place 20$ bet with 100$ bankroll, how much do you place later in day if you find new value bet, but old one didn't settled yet. You now have 80$ and one bet that is gonna be played later. Do you just calculate kelly from 80$ that is left, or you put into calculation that one pending bet you have? If so, how?

 

[musk]

Kelly criterion Hypothesis is very simple actually. Where there is big value place larger bets ( This is very simplified , but that is the conclusion ). When you start with an initial bankroll of 100 as you say it is rather impossible to get a 20 bet unless the value is huge. Nevertheless you should apply the kelly criterion to whatever the current bankroll ( at the time of placing a bet ) is.
That way if lets say you have 100 initial bankroll and you get lets say a 10% value you will be prompted ( regarding again the margin you have set up at kelly ) to place a bet at a 10 stake. The same stake would be placed at 5 when bankroll is 50 and so on. There are some kelly calcs you could use to place bets out there.