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Kelly Criterion Calculator

Find the mathematically optimal stake size for value bets

How it works

Enter your estimated true probability and the bookmaker odds to find the optimal percentage of your bankroll to stake according to the Kelly Criterion.

Quick Example

Scenario: You estimate Sundowns have a 60% chance of winning, and the odds are 1.90.
Kelly formula: (bp - q) / b, where b = 0.90, p = 0.60, q = 0.40
Calculation: (0.90 x 0.60 - 0.40) / 0.90 = 15.6%
Kelly suggests staking 15.6% of your bankroll. Most experienced bettors use half-Kelly (7.8%) to reduce variance.

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