Strike Rate Tool

Track your win percentage against the break-even rate for your average 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. Type in the total number of bets you’ve placed
  2. Type in the number of winning bets
  3. Type in your average decimal odds
  4. Type in 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 counts as a good strike rate?

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

What is the break-even strike rate?

It’s the minimum win percentage needed to avoid losing money 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) is your profit as a percentage of total wagered. A 5% ROI means $5 profit per $100 bet. Anything above 0% means you’re in profit.