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  1. It shows you the profit you would earn from a $100 bet if your wager is successful. Presuming you wager $100 on a moneyline with odds of +150 and win, you get a profit of $150 alongside your initial $100 wager, making a total payout of $250.

    • How to Use Odds Calculator?
    • Understand The Math Behind The Betting Calculator
    • More on Betting Odds
    • Final Tips For Using Odds Calculator

    There are a lot of fields in the odds calculator that may seem intimidating at first. Here’s a quick rundown of what each field means: 1. Bet Amount ($):This is where you enter the size of your bet. While the display is in dollars, you can think of it as any currency or unit. 1. To Win ($):Your winnings show up in this field. This is the overall pr...

    In this section, we explain the formulas behind our sports betting oddscalculator. While easy to use, the calculator uses multiple computation methods to provide the correct outcomes. Our calculator is a betting odds converter, meaning it can convert American odds to decimal and fractional odds. It also uses formulas to calculate implied probabilit...

    Let’s face it—odds are the most important aspect of sports betting. They determine potential payouts and indicate the probability of an event, helping bettors make decisions on their wagers. If you are keen to learn more about this topic, our betting odds guidehas more info. We explain how odds work, how to read odds, the different odds formats, an...

    Using a betting odds calculator is straightforward and simplifies the betting process. Enter your bet amount in dollars or any currency. The “To Win” field shows your profit, while “Payouts” displays your total return, including your original bet. American odds, expressed as positive or negative numbers, indicate profit on a $100 wager or the bet n...

  2. 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.

  3. 110 odds require a $110 wager to win $100. Bets with higher implied probability are given a higher negative value. For example, a bet placed at -400 odds would require you to wager $400 to profit...

  4. You can calculate your total payout by multiplying your bet size by the decimal odds. For example, a $10 bet at 2.5 decimal odds would payout $25. You can then subtract your bet from this total payout to find your potential profit ($25 - $10 = $15).

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  6. 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. Bet Slip. Expected Winnings. $ 0.00.