Kelly Criterion Calculator

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

Bet Odds

American Odds

Estimated Win Probability (%)%

Kelly Multiplier

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

Bankroll$

Results

Kelly Percentage

8.02%

Recommended Bet Amount

$80.22

8.02% of bankroll

Expected Value

$11.71

Edge

+14.60%

First Bet Match Up to $250

Must be 21+. Gambling Problem? Call 1-800-GAMBLER. New users only. Terms & conditions apply.

More Info