Betting odds payout calculator
Check out your potential winnings and calculate your bet returns with Paddy's Bet Calculator! ✓Online Betting Calculator ✓Free Odds Calculator. – To calculate your potential payout on a favorite, all you need to do is divide your stakes (the amount of money you wagered) by the value resulting from the. With our betting odds calculator, input your stake & betting odds payout calculator in American, Decimal, or Fractional formats to calculate the payout for your bets. Work out your sports bet returns for: Accumalators, Lucky 15's, Doubles and more. ✓ William Hill can calculate the payouts for different types of bets.
Betting odds Calculator
What is the easiest way to calculate odds? To convert from a probability to odds, divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds are 0.1/0.9 or '1 to 9' or 0.111. To convert from odds to a probability, divide the odds by one plus the odds.
Betting Odds Calculator
To win. Simply follow these steps: Step 1 : Input your odds. Betting Odds Formats The first step to understanding betting odds is to note the three most crucial betting odds formats, which are American, decimal, and fractional odds. Comprehensive Guide on Betting Odds American Odds The American odds are the most popular type of odds on sportsbooks and are also identified as Moneyline odds.
Confidence Level i. Moneyline Pick. Point Spread Pick. Puck Line Pick. White Sox. Run Line Pick. The Milwaukee Brewers take on the St. Blue Jays. Maple Leafs. Golden Knights. Red Sox. See Less See More. Betting odds payout calculator Why Use a Sports Betting Calculator. Fortunately, a bet calculator offers you accurate information on your outcome.
It factors in different aspects like odds, bet type, and stake amount to offer you accurate insight into your likely payout. Save Time : Manually calculating potential winnings from complex bets can be time-consuming. With a bet calculator, you can quickly streamline this process and get accurate results in record time.
Convenience : Bet calculators like ours are easily accessible so long as you have an internet connection. You can quickly analyze your potential bets and likely winnings from any location. Understand the Risks and Rewards : Using a bet calculator, you can get insights into the risks and rewards attached to different bet types. You can quickly evaluate different scenarios and make a more calculated betting decision.
Great Tool for Learning : A bet calculator can be a useful learning tool if you are a new sports bettor. It can help you understand how your wager determines your likely winnings and other valuable insights that can give you an edge when betting. Point Spread Guide Futures A futures bet is used to make long-term bets.
Implied Probability Calculator The implied probability is a factor that is important in deciding whether to place a bet or not. Loading Winter Special Premium Hockey Key Takeaways A betting odd calculator is your best option if you are after accurate results regarding potential payouts.
Our betting calculator calculates results using American, decimal, and fractional odds. 
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. You will then repeat that process however many times is necessary — for example, if you have placed multiple bets — and then may also be able to add information related to Dead Heats or any situation when Rule 4 may have come into play.
A spread bet is on the forecasted point differential between two teams. In each bet, a push is also possible if the Lakers win by exactly seven points. That would mean each side gets their money back. As for the odds, the most common number for spread bets is , but that number varies depending on the location, sportsbook and how popular each side is.
However, there are states where odds are worse in order to get the state more money such as or This is also called the vig , which is the amount the sportsbook charges per bet. If two teams are equal, PK will be given alongside a team name which means the matchup is considered a "pick 'em. Similar to a spread bet, if the Cowboys and Giants combine for exactly 49 points, it's a push and each side get their money back.
Also similar to spread bets is that the odds can vary. These odds may be the easiest of the three to understand just by looking at the numbers. The team with the higher of the two numbers is the underdog and the team with the lower of the numbers is the favorite. The return can be calculated by multiplying the bet with the the decimal odds.
Fractional odds are most popular in the United Kingdom and Ireland, and are often the choice for horse racing. Also, a lot of sportsbooks in the United States will use fractional odds for futures odds. Similar to decimal odds, the return can be determined by multiplying the odds and the bet.
Above, times 2. With the rise of legal sports betting in the US, there are now a lot of the best sportsbooks for people who want to bet on sports. It has never been easier to bet on sports in the United States, whether you use your computer or another gadget. Some of the best sports betting apps have welcome prizes that include bonus bets, deposit matches, and much more.
You can also use these sportsbooks to find the best prices for the games you want to bet on. One of the best things about legal sports betting is that you can make deposits in many different ways, like with PayPal and credit cards. This makes it easy for sports bettors to use the site and gives new players a way to get the most out of the betting bonuses they can get.