Calculate Sports Betting Odds

7/24/2022

Sports Betting Odds Payout Calculator
How Do Betting Sites Calculate Odds
How Does Bet365 Calculate Odds
Sports Betting Parlay Odds

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: Convert Fractional Odds & Decimal Odds You can convert fractional odds into decimal odds.
Now you have a +EV bet, because your probability of winning is better than the odds you’re being offered. Plus $13 into the money won per bet, and $10 into the money lost per bet, then set both probabilities.

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. 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). A series of calculators to help a sports bettor convert odds, size bets correctly or evaluate winrate.

Calculator

Implied Odds:

Sports Betting Odds Payout Calculator

How Do Betting Sites Calculate Odds Calculating

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.

How Does Bet365 Calculate Odds

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 Parlay Odds

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.

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