Normally you get about a 15% increase in power from alky alone. Now you can make that percentage increase with more timing, and compression. But you have to make sure you motor is completely built for it.
In kart racing were everyone has the same style blueprinted motors you have to run alky. Or either be left behind. But these motors cost well over $1000 and are built from the ground up to be a full competition motor.
Stock class isn't really stock.
It's a blueprinted alky converted carb
Stock class racing aftermarket cam
Billet stock length rod with bearings
Blueprinted ignition timing
Block prep (align bore, decked, honed, and even welding if needed)
Ring gap set, rings fitted
Cylinder head milled
3 angle valve job
stiffer valve springs to match the cam profile
crank end play checked
Now torque everything down to the correct recommended torque spec's and DYNO the motor.
And I'm sure I'm leaving out a lot.