Kelly Criterion
Updated:
Category: betting
A bankroll formula that calculates optimal bet size given your edge: f = (bp − q) / b. Maximises long-run growth; full Kelly is volatile, half-Kelly is standard.
In the context of Stake
This term belongs to the Stake ecosystem and online gambling. Understanding it helps you play more deliberately and make informed decisions about slots, bets and bankroll.
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FAQ — Kelly Criterion
What is Kelly Criterion?
A bankroll formula that calculates optimal bet size given your edge: f = (bp − q) / b. Maximises long-run growth; full Kelly is volatile, half-Kelly is standard.
How does Kelly Criterion apply on Stake?
This term belongs to the Stake ecosystem and online gambling. Understanding it helps you play more deliberately and make informed decisions about slots, bets and bankroll.