Fractional Kelly
The conservative version of the Kelly Criterion to protect your bankroll
Educational tool • Bet responsibly
📖 What is Fractional Kelly?
Fractional Kelly is a more conservative version of the Kelly Criterion. Instead of betting the full amount suggested by the formula, you bet only a fraction of that amount (usually 25% or 50%).
This approach significantly reduces bankroll volatility and the risk of ruin while maintaining most of the growth potential.
Fractional Kelly is recommended for the vast majority of bettors, especially beginners.
📊 Comparison: Full Kelly vs Fractional
Full Kelly (100%)
- ✓ Maximum theoretical growth
- ✗ High volatility
- ✗ High risk of ruin
Profile: Professional
Kelly 50%
- ✓ Good balance
- ✓ Reduces volatility
- ✗ Lower growth
Profile: Intermediate
Kelly 25%
- ✓ Low volatility
- ✓ Controlled risk
- ✓ Ideal for beginners
Profile: Everyone
Kelly 10%
- ✓ Very low risk
- ✓ Protects bankroll
- ✗ Slow growth
Profile: Small bankrolls
🧮 Fractional Kelly Calculator
Full Kelly
0%
Adjusted Kelly
0%
Expected Value
0%
Recommended Bet
$0.00
Risk Level:
📊 Comparison: Full Kelly vs Kelly 50% vs Kelly 25%
| Probability | Odds | Full Kelly | Kelly 50% | Kelly 25% | Bet ($1000) |
|---|---|---|---|---|---|
| 55% | 2.00 | 10% | 5% | 2.5% | $25 |
| 60% | 2.00 | 20% | 10% | 5% | $50 |
| 65% | 2.00 | 30% | 15% | 7.5% | $75 |
| 55% | 2.50 | 8.3% | 4.2% | 2.1% | $21 |
| 60% | 2.50 | 16.7% | 8.3% | 4.2% | $42 |
| 55% | 3.00 | 6.7% | 3.3% | 1.7% | $17 |
📈 Simulation: Bankroll Growth
Full Kelly
$0.00
Kelly 50%
$0.00
Kelly 25%
$0.00
Fixed Bet 5%
$0.00
Full Kelly:
0%
$0
Kelly 50%:
0%
$0
Kelly 25%:
0%
$0
Fixed Bet 5%:
0%
$0
Initial Bankroll:
0%
$0
* Simulation based on controlled randomness
✅ Advantages of Fractional Kelly
Protects Bankroll
Reduces risk of ruin
Consistent Growth
Maintains potential
Less Stress
Reduced volatility
Ideal for Beginners
Learn safely
For Educational Purposes Only: Bet responsibly.
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Frequently Asked Questions
Does Martingale really work?
Mathematically yes, but with practical limitations like finite bankroll and house limits.
What is the best odds for Martingale?
Odds above 2.0 are recommended to reduce the bet amount.
What is the minimum recommended bankroll?
We recommend at least $100 to start with $10 bets.