Calculate Strike Rate
Your win rate versus the break-even mark for your average odds.
How to Use This Calculator
- Enter the total number of bets you’ve placed
- Enter how many of them won
- Enter your average decimal odds
- Enter your average stake per bet
- Get 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 makes a good strike rate?
It hinges on your average odds. At 2.00 you need to clear 50% to profit. At 3.00 you only need above 33.3%. What actually counts is your strike rate measured against the break-even rate.
What's the break-even strike rate?
It’s the minimum win percentage you need to stay out of the red at your average odds. It equals 1 divided by your average decimal odds. At 2.50, the break-even rate is 40%.
What does ROI mean in betting?
Return on Investment (ROI) shows your profit as a percentage of everything wagered. A 5% ROI means $5 profit for every $100 bet. Anything above 0% means you’re in the green.