## Binomial Test Calculator

One of the most important parts of building a strategy is making sure it's statistically significant. This calculator can help. Enter the number of winners, the total number of bets, and the expected success rate (default 50%). The calculator uses a binomial test to determine the likelihood that the number of winners is due to chance.

The dropdown, while more technical, allows you to customize how the test is run. "Less Than" (default) tests if strategy underperformance is due to chance, while "Greater Than" tests if strategy overperformance is due to chance. "Two Sided" combines these into a direction-less test on the strategy's overall performance.