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Kelly Criterion calculator

Our Kelly Criterion calculator will calculate your optimal bet stake.

kelly criterion calculator

Odds format:
Save settings
Bet Bank:
Kelly Multiplier %:
% Winning chance:

The Kelly Criterion

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

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