Your optimal bet size is 25% of your bankroll. Hit calculate, and see that you should definitely take the bet. The Kelly Criterion bet calculator above comes pre-filled with the simplest example: a game of coin flipping stacked in your favor. It's most useful to determine the size of a position you should take. With hand waving and basic math you can also use it to help guide your investment decisions. The Kelly Criterion is a formula to determine the proper size of a bet with known odds and a definite payout.
The Kelly Criterion Bet Calculator Practical Application of the Kelly Criterion To Betting Strategies
We automatically calculate your ideal bet size with the Kelly Criterion and your assumptions.
On this page you'll find a Kelly Criterion Bet Calculator.
