This is a free demo version with input restrictions. If you would like to use the full version of the algorithm, get in touch to arrange access.
This calculator is a partial implementation of the algorithm described in the blog post Universal Kelly calculator. To use it:
- First, select the number of simultaneous two-outcome bets to consider.
- Then, enter the characteristics of each bet - win probability p and net fractional odds b for each of the two outcomes - as defined in the original formula.
- When done, press the Calculate button and the results will appear in the "Model Output" column.