Calculate Sports Betting Odds
Posted : admin On 4/15/2022Calculator
The sports betting calculator above allows you to see various outputs such as decimal odds, implied win probability, amount returned on a bet (or “payout”), and bet profit. The yellow fields above are input. If you want to bet on Golovkin to win the fight (8/13 odds), calculate your winnings by multiplying your wager by the quotient of 8 ÷ 13 (0.615). If you bet $10, your winnings would be $6.15 (10 x 0.615). Sports betting odds are calculated based on a variety of things including injuries and trades, current team form, the weather, and beyond. How players are betting also determines the odds, which is.
This is the % that you will need to win a bet with the entered odds in order to break even. For example if the odds were +150 you would need to win that bet 40% of the time (4 out of every 10 bets) in order to break even. Any percentage higher than 40% and you will be profiting.
This is a great tool for beginners that are learning how to use another type of betting odds (whether it is American, Decimal or Fractional that you are new to). It is also a great tool to show you how often you need to be winning your bets given certain odds to break even. A lot of beginner bettors will take big underdogs and not realize how often they need to win their bets to just simply break even. For example if you are betting -200 favorites you will need to win 67% of your bets (2 in every 3) just to break even.
Sports Betting Odds Converter
This is a great tool for beginners that are learning how to use another type of betting odds (whether it is American, Decimal or Fractional that you are new to). It is also a great tool to show you how often you need to be winning your bets given certain odds to break even. A lot of beginner bettors will take big underdogs and not realize how often they need to win their bets to just simply break even. For example if you are betting -200 favorites you will need to win 67% of your bets (2 in every 3) just to break even.
Betting Odds Calculator Parlay
I hope you find this sports betting odds calculator helpful and feel free to link out to your calculations in any forums you use, with your friends, or on your own blog if you have one.