View Full Version : Kelly Criterion Calculator

18th January 2017, 06:09 PM
A (http://www.aussportsbetting.com/tools/online-calculators/kelly-criterion-calculator/)Kelly Criterion calculator (http://www.aussportsbetting.com/tools/online-calculators/kelly-criterion-calculator/) has been added to the Online Calculators (http://www.aussportsbetting.com/tools/online-calculators/kelly-criterion-calculator/) area of the Tools (http://www.aussportsbetting.com/tools/) section.

What is the Kelly Criterion?

The Kelly criterion is a simple formula that calculates the proportion of your balance to wager on a particular gamble. Learn more about the Kelly criterion (http://www.aussportsbetting.com/guide/the-kelly-criterion/).

Kelly Criterion Calculator

The online Kelly criterion calculator determines a recommended stake based on the prevailing odds and your estimated probability that the selection will win.

All of the major odds formats are supported. The calculator also supports markets where a push/refund is possible as well as lay betting on a betting exchange such as Betfair (http://ads.betfair.com/redirect.aspx?pid=9475&bid=8538). Fractional Kelly betting is also supported.

Two versions of the calculator are available: a bookmaker version and a betting exchange version.

View the calculator (http://www.aussportsbetting.com/tools/online-calculators/kelly-criterion-calculator/)

25th March 2017, 06:07 PM
I have recently viewed the calculator! Its super awesome. Better then other calculators.