Kelly Criterion Calculator Downloads & RevenueKelly Criterion Calculator · App Store
Not in any tracked top chart right now.
Updated 8 Nov 2026 · rankings refresh through the day
DeveloperHergott Technologies, Inc
CategoryGames
PriceFree
Released
Rating★ 3.5 (4)
Version1.2
Age rating17+
First seen by us
24 Oct 2026
Kelly Criterion Calculator update history & changes
Last change · 3 events since 12 Mar 2021Full timeline ↓Full timeline · 2 events in the last 12 months
- 🆕Kelly Criterion Calculator first spotted by AppInsiderUnited States (found via developer)
- 🆕Kelly Criterion Calculator released on the App Store
Collected from the stores by AppInsider since we first spotted the app. Dates are when we saw each change.
Rating
3.5 ★
4 ratings
Measured
Kelly Criterion Calculator on the App Store
App details
App ID
1557600774
Publisher
Hergott Technologies, Inc
On the store since
Mar 2021
5 years on the store
Minimum OS
iOS 13.0+
iPhone 6s and later
Devices
iPhone · iPad
Universal purchase
Content rating
17+
1 content note below
Languages
1
EN
Size
0 MB
Also listed in
Finance
Content notesFrequent/Intense Simulated Gambling
Where it ranks now
Every top chart it appears in across 30 countries.
| Country | Charts | Rank |
|---|---|---|
| Not charting right now. | ||
Ratings
App Store, worldwide.
Rating
3.5 ★
4 ratings
Measured
Ratings
4
Measured
About Kelly Criterion Calculator
"In probability theory and intertemporal portfolio choice, the Kelly criterion (or Kelly strategy or Kelly bet), also known as the scientific gambling method, is a formula for bet sizing that leads almost surely to higher wealth compared to any other strategy in the long run (i.e. approaching the limit as the number of bets goes to infinity). The Kelly bet size is found by maximizing the expected value of the logarithm of wealth, which is equivalent to maximizing the expected geometric growth rate. The Kelly Criterion is to bet a predetermined fraction of assets, and it can seem counterintuitive. It was described by J. L. Kelly Jr, a researcher at Bell Labs, in 1956.
For an even money bet, the Kelly criterion computes the wager size percentage by multiplying the percent chance to win by two, then subtracting one. So, for a bet with a 70% chance to win the optimal wager size is 40% of available funds.
The practical use of the formula has been demonstrated for gambling and the same idea was used to explain diversification in investment management. In the 2000s, Kelly-style analysis became a part of mainstream investment theory and the claim has been made that well-known successful investors including Warren Buffett and Bill Gross use Kelly methods. William Poundstone wrote an extensive popular account of the history of Kelly betting."
- Wikipedia (https://en.wikipedia.org/wiki/Kelly_criterion)
For an even money bet, the Kelly criterion computes the wager size percentage by multiplying the percent chance to win by two, then subtracting one. So, for a bet with a 70% chance to win the optimal wager size is 40% of available funds.
The practical use of the formula has been demonstrated for gambling and the same idea was used to explain diversification in investment management. In the 2000s, Kelly-style analysis became a part of mainstream investment theory and the claim has been made that well-known successful investors including Warren Buffett and Bill Gross use Kelly methods. William Poundstone wrote an extensive popular account of the history of Kelly betting."
- Wikipedia (https://en.wikipedia.org/wiki/Kelly_criterion)
Latest updates
1.2
improvements to design