The Kelly Criterion Calculator is a utility tool designed to assist users in determining optimal bet sizing based on probability theory. It applies the Kelly criterion formula to calculate the percentage of assets to wager, aiming to maximize the expected geometric growth rate of wealth. The app is marketed as a practical implementation of the scientific gambling method originally described by J. L. Kelly Jr.
Overview · Full Intel report in progress
The App DNA
What makes this app unique?
For Individuals interested in applying mathematical formulas to determine wager sizes for gambling or portfolio management.
What does it look like?
Key features
Calculates the optimal wager size percentage by maximizing the expected value of the logarithm of wealth.
Provides a specific computation method for even money bets by multiplying the win probability by two and subtracting one.
How much does it cost?
Velocity
Who built it?
Hergott Technologies
4 apps tracked · Games
Optimal Bet: EV Sports Betting
Optimal DFS
Fantasy Football ProjectionsUser Sentiment
What do users think recently?
How are ratings & reviews evolving?
Not enough recent reviews to extract reliable themes yet.
Read the full review analysisCompetition
Competitive landscape for Kelly Criterion Calculator
How's the Games market?
The rivals identified
The Analyst's Read
Key takeaways for Kelly Criterion Calculator
Where is it heading?
Bottom line
This app serves as a specialized calculator for applying the Kelly criterion to determine bet sizing percentages.
Report last updated