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Multiple Kelly Criterion Calculator

This calculator is the implementation of the blog post Numerically solve Kelly criterion for multiple simultaneous bets. This software is provided as is for educational purposes, and not intended for business use. To use this calculator, first select the number of simultaneous bets to consider. Then, enter the characteristics of each bet - win probability p and net fractional odds b - as defined in the original formula. When done, press the Calculate button and the results will appear aligned on the right.

Number of simultaneous bets:
  • Bet#1 : p b