Simple Kelly Calculator

The Kelly formula or Kelly Criterion as it's often known is a mathematical formula for working out the optimum amount of money to stake on a bet to maximise the growth of your funds. You can read more about how it works in this Kelly Criterion Wikipedia article.

Usually, the bigger your edge on the odds the more you should bet but Kelly also takes into account the real chance of that bet winning and Kelly would advise a smaller bet for a 5% edge at even money (2.0) than a 5% edge at 1/3 (1.33).    



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The actual formula for Kelly Staking is below:

((odds-1) * (percentage estimate))  -  (1-percent estimate)     /    (odds-1)         X        100

*Your percentage estimate must be expressed as a decimal e.g. 70% will be 0.7

 

E.g. - Odds of 1.58 with estimated 70% chance

= ((0.58*0.7 – (1-0.7))  /   0.58)    x  100

= (0.106/0.58)   x   100

=18.28%
                         

Bulletin Board

***Backing every tip from our Tipster Table in March so far for £10 each would have returned £1269.18 profit!***

Remember that this is just a guide to the overall peformance of the board and much better returns are possible by following only the very best tipsters.

You can subscribe to our 4 and 5 star tipsters for just £24.99 a month (80p a day).

Click here to start making a profit from our tips.

*NEW! You can now try our 4 and 5 star tipsters free for 1 month! Find out more by clicking here

To maximise long term profits follow our premium tipster service Tipwise to advised stakes.

Table for Horse Racing in March

 Name W/L Profit £
1 Puntage Horse Racing  10/13 +444.40
2 WhippaSnappa Horse Racing  26/59 +345.85
3 Pointage Horse Racing  20/98 +320.00
4 Roland65 Horse Racing  18/97 +235.50
5 Tipwise Horse Racing  10/13 +195.30
6 Brian Horses Horse Racing  4/29 +180.00
7 Daily Nap Horse Racing  40/82 +175.52
8 Dynamite21 Horse Racing  32/50 +147.87
9 AppJoLays Horse Racing  11/1 +84.50
10 HorseLays Horse Racing  7/1 +52.20
The stake for each tip is 10 units

Table for Footy & Tennis in March

 Name W/L Profit £
1 AntaeusTen Tennis  7/3 +206.30
2 Footy Movers Football  13/24 +100.50
3 Brian Football  2/3 +41.20
4 Sharpy Football  3/1 +26.70
5 ColdGold Football  2/0 +20.00
6 Alcuni Football  7/13 -2.60
7 HG-AHCaps Football  17/26 -81.70
8 Bet Monkey Football  3/18 -113.70
9 Holy Grail Football  11/45 -216.60
The stake for each tip is 10 units

BetVictor - Best Odds


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They are always at the top of the market
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on football and horse racing



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