Poker Swing Calculator

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A fight broke out between a poker dealer and a player at a popular Las Vegas Strip poker room Wednesday evening.

Texas Hold'Em Introduction. This poker calculator will give you the odds of a win, loss, and tie for each player. Click on any card and it will be used in the position indicated by the yellow frame.

A 42-second video began circulating on social media that showed a player fighting with a dealer in Aria’s poker room. The fight started at a poker table near the dealer box. As others in the room got involved and began separating the two, the dealer got in a couple of blows and the player ran away.

The dealer then chased after the player, who could be seen grabbing a small table to throw before others in the room were able to separate the two.

Shortly after the video went viral, a GoFundMe page was set up for the dealer in the video with a goal of $2,500. At the time of publishing, the page has already raised $5,775.

The page claims that the dealer, who is popular with regular players, was attacked by the player and that he was simply protecting himself. In a Wednesday tweet, Farah Galfond, wife of Phil Galfond and high-stakes crusher in her own right, said that he was berated and attacked. She also added that beer was thrown on him.

The incident may cost the dealer his license.

You can watch the video below:

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On 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.

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.

(Now, find a casino stupid enough to offer those odds!)

Poker

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.

WinSwing

Poker Win Calculator

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 Swing Calculator

Poker Swing Calculator Table

Do you prefer another strategy? Perhaps half or quarter Kelly methods?