Kelly Criterion Calculator

Enter your bet odds, estimated win probability, and bankroll to calculate the optimal bet size using the Kelly Criterion.

Bet Odds
Estimated Win Probability (%)
Kelly Multiplier

1.0 = Full Kelly, 0.5 = Half Kelly, 0.25 = Quarter Kelly

Bankroll

Results

Kelly Percentage

8.00%

Recommended Bet Amount

$80.00

8.00% of bankroll

Expected Value

$11.64

Edge

+14.55%