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Kelly Criterion Calculator

Find the mathematically optimal amount to stake for long-term bankroll growth. Enter the odds, your estimated win probability, and your bankroll — then choose Full, Half, or Quarter Kelly to match your risk tolerance. Completely free, no account needed.

Kelly Criterion Calculator

US
%
$
Results
Suggested stake$41.67
Full Kelly
8.33%
Applied fraction
4.17%
Your edge
+5.0%
Break-even prob
40.0%

Full Kelly suggests staking 8.33% of your bankroll. Most bettors use Half or Quarter Kelly to reduce volatility while keeping most of the long-term growth.

Informational tool only — not betting advice. The Kelly Criterion relies entirely on your own probability estimate; an overestimate leads to over-betting. 18+. Bet responsibly at licensed operators.

1

Enter the odds & probability

Type the odds and your own estimated chance the bet wins. Kelly only creates value when your estimate beats the odds' break-even line.

2

Add your bankroll

Enter your total bankroll so the calculator turns the optimal fraction into a concrete dollar stake.

3

Pick a Kelly fraction

Full Kelly maximizes growth but is volatile. Half or Quarter Kelly keeps most of the upside with far smaller swings.