Tutorial · 0:38
EV and Kelly Calculator
A 38 seconds walkthrough in Ross's voice, with captions on screen. The EV and Kelly calculator prices your edge and sizes the bet.
Transcript
The EV and Kelly calculator prices your edge and sizes the bet.
Enter the price you can get and your own estimated win chance.
EV is what the bet returns per dollar over the long run, if your win chance is right.
Add your bankroll to see the stake in dollars.
Kelly sizes the bet from that edge. Quarter Kelly is the house default, because your win chance is an estimate, not a fact.
Full Kelly swings hard, which is why a quarter is the default everywhere.
It runs on the same odds math as every board.