Strike Rate Sports Calculator
Compare your win rate to break-even for your odds.
How to Use This Calculator
- Enter the total number of bets you’ve placed
- Enter how many of those won
- Enter your average decimal odds
- Enter your average stake per bet
- See 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's considered a good strike rate?
It all depends on your average odds. At odds of 2.00 you need above 50% to turn a profit. At odds of 3.00 you only need above 33.3%. The real question is how your strike rate stacks up against the break-even rate.
What is the break-even strike rate?
It’s the smallest win percentage you need to avoid losing money at your average odds. It works out to 1 divided by your average decimal odds. So at odds of 2.50, the break-even rate is 40%.
What does ROI mean when betting?
Return on Investment (ROI) shows your profit as a percentage of everything you’ve wagered. A 5% ROI means you make $5 for every $100 bet. Anything above 0% means you’re in the green.