Same Side Kelly Calculator
Same Side Kelly Calculator Info
If you are considering betting on the same side of an existing bet, the same side kelly calculator will show you how much to wager while maximizing the expected growth of your bankroll.
Betting on the same side frequently comes into play when you are limited and want to know if further bets on the same side, perhaps at a reduced edge, are indicated.
- Odds
- The odds of the new bet.
- Probability
- The probability the new bet wins.
- Payout
- The payout of the existing bet as a percentage of your bankroll.
- Odds Format
- Specifies the format used in odds fields.
Math
- f
- The fraction of your bankroll to bet.
- p
- The probability the new bet wins.
- w
- The fraction of your bankroll represented by your existing bet.
- q
- The probability the new bet loses.
- b
- The net fractional odds of the new bet.
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