New Kelly Criterion Calculator

Kelly Criterion Calculator

A Kelly Criterion calculator has been added to the Online Calculators area of the Tools section.

What is the Kelly Criterion?

The Kelly criterion is a simple formula that calculates the proportion of your balance to wager on a particular gamble. Learn more about the Kelly criterion.

Kelly Criterion Calculator

The online Kelly criterion calculator determines a recommended stake based on the prevailing odds and your estimated probability that the selection will win.

All of the major odds formats are supported. The calculator also supports markets where a push/refund is possible as well as lay betting on a betting exchange such as Betfair. Fractional Kelly betting is also supported.

Two versions of the calculator are available: a bookmaker version and a betting exchange version.

View the calculator


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