Ultimately the Kelly Criterion offers a distinct advantage over other staking methods such as Fibonacci and Arbitrage methods as there is a lower risk. You can also test the criterion for different values in this online sheet by using the code below.Ī negative percentage implies that you should not wager on this outcome. A positive percentage implies an edge in favour of your bankroll, so your funds grow exponentially. Therefore the Kelly Criterion would recommend you bet 4%. However, the coin is biased and has a 52% chance of ending up on heads.
Using a coin as an example of Kelly Criterion stakingįor example, consider you are betting on a coin to land on heads at 2.00.
