Negative Figures (-): The odds indicate how much must be bet to win $100 profit. Ex: American odds of -120 would win $100 on a $120 bet. Decimal Odds. Decimals quote the potential return should the bet succeed, relative to the stake. If $10 is bet at odds of 4, the total returned is $40 ($10 x 4) and the potential profit is $30 ($10 x 4 minus To work out the return on any bet, simply enter the Odds and the Stake. For example, if you were betting £100 on a 9-4 chance, enter: Odds = 9 (to) 4, Stake = 100, then click 'Calculate' The Instant Bet Calculator will then show the return on a: Win only bet Winning each way bet (1/4 odds) Winning each way bet (1/4 odds) Winning Place bet (1/4 3/5 :: (3/5) + 1 = 1.60. $100 + 1.60 = $160. Decimal Odds Calculation. Simply multiply the odds with the amount of money you bet – 2.67 :: 2.67 x $100 = $267. Specific Odds Converters Odds Converter. Sports betting odds feature different formats around the world, including three main types utilized in most North American and Euro markets. Thus, moneyline odds are also commonly referred to as American odds. They can be either a positive number or a negative number. A positive number shows how much profit a winning wager of $100 would make, while a negative number shows how much needs to be staked to win $100. The answer depends on what the horse’s odds are. Here are a few examples. Example 1: If the horse’s odds were going off at 2/1 your payout would be roughly $60,000 ($40,000 profit + $20,000 base wager). Example 2: If the horse’s odds were going off at 10/1 your payout would be roughly $220,000 ($200,000 profit + $20,000 base wager). Example 3: If the horse’s odds were going off at 60/1 These odds tell you that for every $1.00 you bet, you’re going to get $2.00 back. The payout on this sports bet is $2.00 ($1.00 bet + $2.00 payout = $3.00 return) Notice that you get the same amount of cash back on both bets but that you actually make double on the second wager. Bet $150 on Team A, win $100. Multiply the odds by the amount bet – that is how much you risk to win the amount. Example 2: Team A vs. Team B Team B is listed as the underdog at Indonesian odds of 2.40 This means that for each unit bet, you would win 2.40 units. Bet $100 on Team B, win $240. One needs to note that there are NO circumstances where those odds exist. Odds of 100 to 1 barely exists (such as a bet on a very very slow race horse. while 500–1 does not. Odds as high as 50–1 may be found in boxing. There was once a 45–1 payoff... As we mentioned, the calculation is a little more difficult. Multiply your bet by the top number, then divide the figure by the bottom number. As such, a $10 bet at 5/2 odds is (10×5) / 2, which pays out at $25. A $10 bet at ⅖ odds is (10×2), which pays out $4. Conversion Table for common Odds This Bet Calculator allows bettors to calculate the potential Payout for any single bet and has a simple ‘Add Odds’ function to calculate the Payout for a multiple bet. It might be one of the most basic calculations in betting but using the Bet Calculator above will help bettors enhance their understanding of what betting odds represent and
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