Kelly Calculator | Betting Tools – SBRpicks.com

Kelly Calculator | Betting Tools – SBRpicks.com

Calculates Kelly stakes for stakes on up to 15 simultaneous events or 15 mutually exclusive outcomes of a single event.
A Quantitative Introduction to the Kelly Criterion Part I — Expected Value vs. Expected Growth
Kelly Criterion Part II – Maximizing Expected Growth
Event Type Selector:
Either simultaneous independent events (like in several different games) or mutually exclusive outcomes (as in a single event that can have one of many winners, e.g., a horse race or even the American Idol contest ).
# Events/Outcomes:
The number of either simultaneous independent events or mutually exclusive outcomes.
Consecutive Series:
The number of times that this set of bets is to be sequentially repeated. This is included so as to determine expected and median bankrolls over multiple trials. (as an example, if the consumer expects that each Sunday he will have 5 betting opportunities and wished to determine bankroll expectations within the course of a 17-week NFL year, he had set”# Independent Occasions” to 5 and also”Consecutive Series” to 17).

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