Our Kelly Criterion calculator will calculate your optimal bet stake.
If you read through our betting guide, you would know that the Kelly Criterion is a staking plan that recommends a bet size by comparing the probability of an outcome as rated by you and, the odds provided by the betting agency.
How to use the Kelly Criterion calculator |
|
|---|---|
| Bet bank | The bet bank is the total amount of your betting funds |
| Kelly Multiplier % | The multiplier is normally set to 50%, for an aggressive betting strategy set it to 100% |
| Odds | Input the odds offered by the betting agency |
| % Winning chance | You need to input the probability (according to your own assessment) that your selection will win | Results | The calculator will tell you whether or not you should be betting and how much to stake |
