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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.

Fill in the required fields to see your result.
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.

Fill in the required fields to see your result.

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.