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Betting Odds

Kelly Criterion Calculator

Calculates the mathematically optimal percentage of your bankroll to wager on a positive-EV bet using the Kelly Criterion, with optional fractional Kelly for reduced variance. Use it to maximize long-run growth while controlling ruin risk.

Betting Odds

Kelly Criterion Betting Calculator

Calculate the mathematically optimal fraction of your bankroll to wager on a bet using the Kelly Criterion. Ideal for bettors who want to maximize long-term bankroll growth while avoiding ruin.

Key differences

Kelly Criterion CalculatorKelly Criterion Betting Calculator
CategoryBetting OddsBetting Odds
Inputs required44
ResultOptimal Bet Size ($)Optimal Bet Size ($)
What it doesCalculates the mathematically optimal percentage of your bankroll to wager on a positive-EV bet using the Kelly Criterion, with optional fractional Kelly for reduced variance. Use it to maximize long-run growth while controlling ruin risk.Calculate the mathematically optimal fraction of your bankroll to wager on a bet using the Kelly Criterion. Ideal for bettors who want to maximize long-term bankroll growth while avoiding ruin.