Betting odds how much did i win

The sports odds calculator will then tell you the amount you stand to win and the total payout. A good gambler is looking for value in numbers more so than value in teams or players. Our odds calculator provides those hard numbers instantly, calculated automatically, in all different formats, so that bettors know all the exact numbers before making an informed decision on which outcome to back at their favorite sportsbook. For example, the New York Yankees could be- on the moneyline for a home game against the Toronto Blue Jays at some Ontario sports betting sites.

Then go to our parlay odds calculator, plug in the odds and see the potential payout. The betting calculator can help with all sorts of wagers. A bet on the Patriots at these NFL odds means they need to beat the Dolphins by eight points or more in order to win the bet.

Totals are much the same. The Rockets are listed first as the away team at the best online betting sites, and bettors decide if the total combined score will be more or less than Props often have different odds than the standard for point spread betting. An NBA player prop bet looks something like this:. Horse racing odds are generally displayed in the fractional format. The number on the left of the backslash tells you the amount you stand to win by wagering the amount on the right. You can also just multiply the amount you want to bet by the fraction to calculate your profit.

Then add the bet amount to arrive at your total payout. This page allows you to convert odds to American odds or decimal odds, so it is an effective horse racing bet calculator. With point spread comparisons, public betting consensus, the very latest odds in all sports and the odds calculator, Bookies. Novice sports bettors can lean heavily on the calculator as they learn more about point spreads and different types of odds.

Even the most experienced players still have use for it, especially as an odds convertor to avoid tricky math. It can be used as a moneyline calculator, a horse bet calculator, a chance calculator, for point spreads and totals, or any other wager you might be considering.

No matter your knowledge or experience level, the betting calculator can help everyone make smarter decisions with their bets and amount wagered. We use cookies to improve our service and to enhance your user experience. For more information, or to change your cookie settings, please click Privacy Policy. Bookies Sports Betting Odds Calculator.

Sports Betting Odds Calculator Betting odds come in several different formats. A betting odds calculator uses the same criteria and mathematical principles a person uses — it simply streamlines the process.

Let's look:. A single bet is a bet made on one selection, with the opportunity to make a profit by guessing the outcome of one match. Multiple bets are when a gambler places several single bets into one large wager and must choose the winning outcome in each round to win the bet as a whole. Expected value is the average amount a bettor can expect to win or lose if they place the same bet on the same odds multiple times. Bettors use this value to compare bookmakers' odds and predict which one will offer the best winnings.

To find the expected value of a bet, multiply the probability of winning by the amount you could win on the bet, and then subtract the probability of losing multiplied by the potential amount lost on each bet. In summary: calculating the expected value of your bets may be the most useful sum you can make to determine whether a bookmaker is offering decent odds.

A moneyline bet is more common in the USA, and is a wager made on who will win the game or event, irrespective of point spread. Implied probability is used frequently in sports betting odds and is found by converting decimal or fractional odds into percentages. In short, it is the chance a bookmaker believes an event will happen. Sports betting sites often adjust their implied probability statistics to give themselves an edge, otherwise they would make little profit.

Enter the odds, including the positive or negative sign, and then click out of the box for the other odds to appear. Enter the odds, including the fraction sign, and then click out of the box for the other odds to appear.

Enter the number minus the percentage sign and click out of the box for the other odds to appear. This field displays the amount of money you will win, not including your original wager, based on the odds and stake you enter.

On this page you'll be able to convert your odds using our odds convertor across the three different formats, hassle-free. For sports fans that want to convert various odds across online sports betting sites or exchanges manually, whether it's American football or tennis , these are the basic formulas:. For example, are you planning to keep it simple with a single bet on one race?

Or, alternatively, are you looking to take a chance on a larger gamble with an accumulator? Thankfully, that is where online odds calculators come into their own. These handy tools can make a huge difference to your betting activity, providing you with a full overview of the options available and ultimately helping you to place the bet — or combination of bets — that works best for you.

In this article, we are going to take a closer look at the concept of odds calculators, how they tend to work, and the key benefits that they can offer in terms of boosting your betting balance. On the most basic level, odds calculators are designed to help you understand the implications of your bets and ultimately determine what returns you will receive if you are successful. Such tools tend to operate in a standard format, with them first asking you to input the type of bet that you have made or are planning to make.

This could be anything from a single to a Yankee to Super Heinz or an accumulator. The calculator may also ask you to either enter the odds in the decimal or fraction format, but we will touch upon the key issues related to that further on in this article.