Kelly Criterion Input
Input Data
Values
Probability - Enter your odds of winning, say, '.5' for a coin flip, or '.1' for one number out of 10.
Odds - Enter your net odds received, say '2' for 2 to 1 odds.
Bankroll - Enter the amount of money you have to bet. (Dollars)
Adjusted Kelly - Enter Your 'Kelly Adjustment' to divide. '1' for full, '.5' for Half-Kelly, '.25' for Quarter-Kelly, etc.
Kelly Criterion Calculation
Calculated Results
Values
Kelly Criterion (Adjusted)
Bet This Much (Adjusted)
Code created with assistance from
Political Calculations