Betting Calculators
Strike Rate Calculator
Track your betting win percentage and compare it to the break-even rate for your average odds. Calculate ROI, edge, and average profit per bet to evaluate your performance.
How to Use This Calculator
- Enter the total number of bets you have placed
- Enter the number of winning bets
- Enter your average decimal odds
- Enter your average stake per bet
- View 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 is a good strike rate?
A good strike rate depends on your average odds. At odds of 2.00, you need above 50% to profit. At odds of 3.00, you only need above 33.3%. What matters is your strike rate relative to the break-even rate.
What is the break-even strike rate?
The break-even rate is the minimum win percentage needed 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 mean in betting?
Return on Investment (ROI) measures your profit as a percentage of total amount wagered. A 5% ROI means you profit $5 for every $100 bet. Anything above 0% means you are profitable.