Strike Rate Calculator

Compare your win percentage to the break-even rate implied by your average price.

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 off 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 qualifies as a good strike rate?

A good strike rate is a function of your average odds. At odds of 2.00, you need above 50% to profit. At odds of 3.00, above 33.3% suffices. The decisive factor is your strike rate measured against the break-even rate.

What is the break-even strike rate?

The break-even rate is the minimum win percentage required to avoid losing money 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 signify in betting?

Return on Investment (ROI) expresses your profit as a percentage of total amount wagered. A 5% ROI means $5 profit per $100 bet. Any value above 0% indicates profitability.