[url=https://cutt.ly/tgUsZ9U][img]https://i.ibb.co/TvdVKkx/fixed-matches-banner.gif[/img][/url] [url=https://bit.ly/3dWKdMz][img]https://i.ibb.co/Lv6390Z/join-button.png[/img][/url] п»їKelly Criterion Calculator. Welcome to the Kelly Criterion calculator. We have built all the tools you need to make your sports betting (and specifically your knowledge of the Kelly Criterion) better! Below we have a Kelly Criterion calculator and some more information on the Kelly Criterion in general. Other Betting Calculators. Kelly Criterion Calculator Acca Calculator Arbitrage Calculator Bonus Bet Calculator Decimal to Fractional Odds Dutching Calculator Fractional to Decimal Odds Hedge Calculator Lay Bet Calculator Middle Calculator Multi Calculator Odds Converter Overround Calculator Parlay Calculator Staking Calculator Strike Rate Calculator Win Loss Calculator. How does the Kelly criterion calculator work? By entering your bankroll, the odds and your estimated probability of winning, the Kelly Criterion calculator will tell you how much you should wager on a certain event to maximise your value and profit. Use the Kelly Criterion Calculator here. 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1. According to the Kelly criterion, you should place a wager of approximately 1.18 % of your account balance on this selection. After applying the fractional Kelly value of 0.04 , this adjusts to a wager of approximately 1.71 % of your account balance. Based on your account balance of $ 1,000 , this equates to a wager of $ 11.76 . The Kelly criterion returned a value of -0.0061 . After applying the fractional Kelly value of 0.0 , this adjusts to -0.0061 of your account balance. Because this number is below 0 you should not back the selection at the available odds. What is the Kelly Criterion? The Kelly Criterion is a method by which you can used your assessed probability of an event occurring in conjunction with the odds for the event and your bankroll, to work out how much to wager on the event to maximise your value. By inputting the odds, the probability of the event occurring and your betting balance, you will be able to determine the amount you should wager on the event. The fractional Kelly betting input is a way to change how aggressive or conservative you are with your wagering (1 being the standard and moving towards 0 the more conservative you wish to be with your wagering). Ultimately, the Kelly Criterion calculator, if you are accurate with your assessed probability should increase your value and profit over a long-term period. Sports Betting Calculators. Learn how to bet on sports by using our betting odds, odds value, odds converter, and hedging calculators to get all the data you need to make the right wagers. Betting Odds Calculator. The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets. Parlay Calculator. The parlay calculator allows you to input the odds for each leg of your parlay to quickly calculate the payout of your bet. Odds Value Calculator. Using the odds value calculator allows you to see the value which you would expect to receive for a bet based on the probability of that outcome occurring. Betting Odds Converter. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. Hedging Calculator. Using the hedging calculator you can see how you can guarantee yourself a profit on your live bets. Enter your bets and see how much to you need hedge. Sports Betting Hold Calculator. The hold percentage is the margin the sportsbook takes on both sides of the game. By calculating the hold, you can determine what percentage of the time you would need to be correct on that bet to make money long term. Sports Betting Spread to Moneyline Converter. The spread to moneyline converter allows you to see the estimated moneyline for a specific point spread. Sports Betting Odds Calculators. Moneyline Odds Calculator. Parlay Calculator. Over/Under Calculator. Place your bets! We've done the homework for you and checked out these sportsbooks. We're confident you'll have a great experience at any of these sportsbooks. MyBookie is an industry-leading online sports betting website, providing a safe and secure place for all your online betting needs. Recognized as one of the most respected online entertainment companies, MyBookie offers the level of client care and industry expertise you’d expect from a world-class sportsbook. SportsBetting , domiciled in Panama, operates as its own business, with unique offers, lines and specials. SportsBetting.ag will continue to be a standalone brand offering sports wagering, horse betting, digital casino, poker and live casino. Backend services are supplied by BetOnline.ag, ASI, DGS and other well known software and back-office service providers. TopBet is an established group that brings innovation and integrity to the table. They are a Curacao-regulated and Philippines-based sportsbook whose management team has decades of experience in the space. They arrived on the scene in 2011 with an aggressive but sensible bonus structure (100 percent up to a maximum of $1000) and unique new offers such as TopBet Parlay Challenges contests and more. They promote a “no-frills and no-gimmicks approach to online sports betting” on their website. Betting Odds Calculator. The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets. Top Offers. American Odds are the default odds at American sportsbooks. These odds are based on winning $100 for a given bet. Betting a Favorite: The odds for favorites will have a minus (-) sign , and represent the money you need to risk to win $100 . So if you're betting on the Packers at -140 against the Vikings, that means Green Bay is a slight favorite. You need to risk $140 to win $100 on the Packers. If they win, you profit $100 and get your original $140 back. The rest of the world uses Decimal Odds , in part because it’s easier to convert them to implied probabilities than American Odds. Decimal odds represent the amount a bettor wins for every $1 wagered . And the number represents the total return , not just the profit like American and fractional odds. The Packers would be 1.714 in decimal odds as a -140 favorite in American odds. For every $1 risked, you’re profiting 71.4 cents, plus your $1 back. Fractional Odds are used primarily in the UK and Ireland. Few bettors use fractional odds for betting sports (other than horse racing), because the conversions to understand return are difficult. To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10 * 2) / 5, which is $4. Did you notice those percentages add up to more than 100%? That’s because of the vig, which is a sportsbook’s cut for facilitating your bet. To calculate implied probability, use the following formulas: For negative numbers (favorites), drop the minus sign, then do: For positive numbers (underdogs) : The bet amount is how much you’re risking on a given bet. As a responsible bettor, it is important to understand proper bankroll management. Sports Betting Odds. NFL Odds & Betting Lines NBA Odds & Betting Lines College Football Odds & Betting Lines College Basketball Odds & Betting Lines MLB Odds & Betting Lines NHL Odds & Betting Lines. Expert Picks. NFL Picks & Analysis NBA Picks & Analysis College Football Picks & Analysis College Basketball Picks & Analysis MLB Picks & Analysis NHL Picks & Analysis. Online Sports Betting News & Offers. State Legalization Tracker Colorado New Jersey Pennsylvania Indiana West Virginia Tennessee Illinois Michigan Virginia Iowa. Best Online Sportsbooks & Reviews. DraftKings PointsBet BetMGM William Hill FanDuel Parx FOX Bet. The Action Network. DOWNLOAD MOBILE APPS. Copyright 2021 В© Action Network Inc, All Rights Reserved. | | DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER. This service is intended for adult users only. 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