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Kelly Criterion Calculator

The Kelly Criterion is a popular staking method which suggests that your stake should be proportional to the perceived edge.

Kelly Criterion Staking Method Explained

  • Kelly Criterion - Settings

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  • Please enter your starting betting bank balance.
  • Enter your Kelly Fractional

  • Section Break

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  • Enter the odds you are receiving in Decimal format.
  • Your estimated probability of your selection winning.

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  • The bet amounts below will automatically calculate based on your bank and bet details entered.

  • Bet Amount - Calculations

What is the Kelly Criterion formula?

The basic Kelly Criterion formula is: (bp-q)/b

B = the Decimal odds -1
P = the probability of success
Q = the probability of failure (i.e. 1-p)

Further Reading

The Kelly Criterion Staking Method Explained

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