Kelly Calculator
Free
1.01for iPhone
Age Rating
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About Kelly Calculator
The Kelly Calculator is a simple calculator for the Kelly betting strategy.
The Kelly strategy is a formula used to determine the optimal size of a series of bets. In most gambling scenarios, and some investing scenarios under some simplifying assumptions, the Kelly strategy will do better than any essentially different strategy in the long run. It was published by J.L.Kelly in 1956 as a theoretical work. Edward O Thorp first demonstrated practical uses of the strategy in 1961.
The Kelly strategy is a formula used to determine the optimal size of a series of bets. In most gambling scenarios, and some investing scenarios under some simplifying assumptions, the Kelly strategy will do better than any essentially different strategy in the long run. It was published by J.L.Kelly in 1956 as a theoretical work. Edward O Thorp first demonstrated practical uses of the strategy in 1961.
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What's New in the Latest Version 1.01
Last updated on Oct 15, 2015
Old Versions
iOS 9 compatibility.
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Version History
1.01
Oct 21, 2011
iOS 9 compatibility.
Kelly Calculator FAQ
Click here to learn how to download Kelly Calculator in restricted country or region.
Check the following list to see the minimum requirements of Kelly Calculator.
iPhone
Kelly Calculator supports English