Poker 3 Bet Sizing
Posted : admin On 4/15/2022On this page you'll find a Kelly Criterion Bet Calculator. Enter your assumptions on
- Probability of winning
- Odds and payouts
- Your current bankroll
- Any adjustments you want to make to be conservative
We automatically calculate your ideal bet size with the Kelly Criterion and your assumptions.
The Kelly Criterion Bet Calculator
Practical Application of the Kelly Criterion To Betting Strategies
The Kelly Criterion is a formula to determine the proper size of a bet with known odds and a definite payout. With hand waving and basic math you can also use it to help guide your investment decisions.
Poker players often times overlook bet sizing. They learn early on that a 2/3 pot-sized bet is standard, and for the rest of time they bet 1/2-3/4 pot in most situations. But there are many times when a different bet sizing strategy would prove to be much more profitable. Constructing the right range to 3-bet for value The goal when you 3-bet for value is to get more money in the pot with a hand that has an advantage over your opponent’s range. As a guideline, the weakest hand in your value 3betting range should have around 55% equity against your opponent’s continuing range.
Poker 3 Bet Sizing Calculator
It's most useful to determine the size of a position you should take.
Using the Kelly Calculator
The Kelly Criterion bet calculator above comes pre-filled with the simplest example: a game of coin flipping stacked in your favor.
- The casino is willing to pay 2 to 1 on any bet you make.
- Your odds of winning any one flip are 50/50.
- Therefore, your probability is .5... 50%.
- Your 'odds offered' are '2 to 1' (so enter 2).
- You have $1,000 with you.
Hit calculate, and see that you should definitely take the bet. Your optimal bet size is 25% of your bankroll.
Upswing Poker 3 Bet Sizing
(Now, find a casino stupid enough to offer those odds!)
Of course, you can see practical the practical value of Kelly betting when it comes to things with discrete results and obvious probabilities - say pot odds in a poker hand. Your mileage may vary.
Poker 3bet Size
What do you think about simple Kelly betting? Even though it is designed to never let you go bankrupt, Kelly still allows wild volatility swings.
Poker 3 Bet Sizing Odds
Do you prefer another strategy? Perhaps half or quarter Kelly methods?