Strike Rate Betting Calculator

Win rate versus break-even for your odds.

Please enter a valid number of bets
Please enter a valid number of wins
Please enter valid odds
Please enter a valid stake amount
Results
Strike Rate --
Break-Even Rate --
Edge --
ROI --
Avg. Profit per Bet --

How to Use This Calculator

  1. Input the total number of bets you have placed
  2. Input the number of winning bets
  3. Input your average decimal odds
  4. Input your average stake per bet
  5. Read your strike rate, break-even rate, ROI, and edge

Formula

Strike Rate = Wins / Total Bets × 100%

Break-Even Rate = 1 / Average Decimal Odds × 100%

Edge = Strike Rate - Break-Even Rate

ROI = ((Average Odds × Strike Rate) - 1) × 100%

Average Profit per Bet = Stake × ROI / 100

Frequently Asked Questions

What strike rate counts as good?

It hinges on your average odds. At odds of 2.00 you need above 50% to profit. At odds of 3.00 you need only above 33.3%. What counts is your strike rate measured against the break-even rate.

Define the break-even strike rate.

The break-even rate is the minimum win percentage needed to avoid a loss at your average odds. It equals 1 divided by your average decimal odds. At odds of 2.50, the break-even rate is 40%.

What does ROI mean in betting?

Return on Investment (ROI) expresses profit as a percentage of total amount wagered. A 5% ROI means $5 profit per $100 staked. Anything above 0% means you are profitable.