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Kelly calculation
The Kelly estimate suggests a positive stake for this edge.
Kelly steps
| Net odds | 1.10 |
| Win probability | 52.00% |
| Loss probability | 48.00% |
| Full Kelly | 8.36% |
| Bankroll risk | 4.18% |
| Recommended stake | $41.82 |
Frequently Asked Questions
What does the Kelly Criterion calculate?+
The Kelly Criterion estimates what percentage of your bankroll to stake based on odds and your estimated probability edge.
Should I use full Kelly?+
Many bettors use half Kelly or quarter Kelly because full Kelly can create large stake sizes and higher bankroll volatility.
When does Kelly suggest no bet?+
Kelly suggests no stake when your estimated probability does not create a positive edge at the available odds.