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Sizing

Kelly Criterion

Bet size from your edge, the price and your bankroll.

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How it works

The Kelly stake maximizes long-run bankroll growth if your probability is right. Most bettors use a fraction of it. A negative Kelly fraction means no bet.

For information and education only, not betting advice. Results are only as good as the numbers you enter. Must be 21+ (18+ where permitted). Gambling problem? Call or text 1-800-GAMBLER.