Overview
The Kelly Criterion Calculator helps traders determine the optimal position size to maximize long-term growth while minimizing the risk of ruin.
How it Works
Input your:
- Bankroll: Total funds available for trading.
- Win Probability: Your estimated chance of winning the bet.
- Odds: The payout odds offered by the market.
The calculator will output the percentage of your bankroll to wager.
[!WARNING] Full Kelly can be volatile. Many traders use "Half Kelly" or "Quarter Kelly" to reduce variance.