Bettor Ed Blog

If you're taking the step from recreational bettor to sharp, breakeven percentage is the first number you should know for any bet. This guide will provide clear definitions, correct formulas, worked examples, common traps, and quick mental math so you can use it today.

The Kelly Criterion is a bet-sizing formula that uses your edge and the odds to recommend how much of your bankroll to wager for maximum long-term growth. It is powerful, but it assumes your edge estimate is realistic and your risk tolerance is high.