Let G be a graph and let 0 ≤ p , q and p + q ≤ 1 . Suppose that each vertex of G gets a weight of 1 with probability p , 1 2 with probability q , and 0 with probability 1 − p − q , and vertex weight probabilities are independent. The \textit{fractional vertex cover reliability} of G , denoted by FRel ( G ; p , q ) , is the probability that the sum of weights at the end-vertices of every edge in G is at least 1 . In this article, we first provide various computational formulas for FRel ( G ; p , q ) considering general graphs, basic graphs, and graph operations. Secondly, we determine the graphs which maximize FRel ( G ; p , q ) for all values of p and q in the classes of trees, connected unicyclic and bicyclic graphs with fixed order, and determine the graphs which minimize it in the classes of trees and connected unicyclic graphs with fixed order. Our results on optimal graphs extend some known results in the literature about independent sets, and the tools we developed in this paper have the potential to solve the optimality problem in other classes of graphs as well.