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  1. When American odds start with a ‘+’, they’re telling you how much you’ll win if you *wager* $100. If a team is -220 on the money line, that means you’d need to wager $220 to win $100. If a team is +175, that means you’d win $175 if you bet $100 and your bet cashes.

  2. For example, a decimal odds of 2.50 means you would enjoy a return of $2.50 for every $1 you wager. That is $1.50 profit and $1, which represents your stake. Decimal odds make it easier to know your returns on a parlay .

  3. You must be able to read the odds listed in order to understand how much you will make on a bet. The amount of cash that you make, your profit, is your payout. Some sports bets, such as those involving a point spread, usually pay approximate odds of 1:1. That means for every dollar wagered, you’re going to get that dollar plus another buck if ...

    • the $25 000 wager means that you have made one step to make a decision1
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  4. Betting Calculator. Before making any bet, it helps to know what you're risking for the expected payout. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. See what your total payout and winnings will be. Betting Calculator Parlay Calculator.

  5. The total amount, including the original bet and the potential profit, is calculated based on the wagered amount and the odds. This betting calculator will enable you to accurate calculate your sports betting wins and payouts as well as convert odds from American and European.

  6. You can calculate a parlay payout with a parlay odds calculator, the second tab on our sports betting calculator. Simply input the odds for each leg of the parlay and the amount you wish to bet, and you will see what your potential payout should look like.

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