Kelly Calculator

Calculate the optimal bet size using the Kelly Criterion. Enter the odds and your estimated win probability to determine what fraction of your bankroll to wager.

%
$

Expected Value

26.00%

Fraction of Bankroll to Wager

11.82%

Amount to Wager with ${{ bankroll }} bankroll

$1182

Kelly Criterion calculates the optimal fraction of your bankroll to wager to maximize long-term growth. The multiplier (typically 0.25) reduces the Kelly fraction to minimize risk while still capturing most of the growth benefit.