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Why Use Our Betting Odds Calculator?

Our online betting odds calculator is the perfect tool for anyone who wants to place a bet on a sporting event but isn’t sure how to calculate their potential winnings.

With just a few simple inputs, you can determine the potential payout for any type of bet, including money line, point spread, and over/under bets. Plus, our calculator is completely free to use, making it a great resource for anyone who loves to bet on sports.

How to Use Our Betting Odds Calculator

Using our online betting odds calculator is easy. Here’s how:

    1. Select the type of bet you want to place (single bet or parlay).
    2. Enter the odds for each team or player involved in the bet.
    3. Enter the amount you want to bet and see your potential winnings.

Moneyline Bet

A money line bet is the simplest type of bet and involves picking which team or player will win a particular game or match. Our betting odds calculator makes it easy to determine the potential payout for a money line bet, based on the odds for each team or player.

Point Spread Bet

A point spread bet involves betting on a team or player to win by a certain number of points or goals. Our betting odds calculator takes the point spread into account, so you can see the potential payout based on the odds and the spread.

Over/Under Bet

An over/under bet involves betting on whether the total score of a game or match will be over or under a certain number. Our betting odds calculator makes it easy to determine the potential payout for an over/under bet, based on the odds and the total score.

By using our online betting odds calculator, you can make smarter, more informed bets and increase your chances of winning big. Try it out today!

Odds Formats

Let’s look at the three main odds formats and how these are calculated to find your expected winnings.

American Odds

American odds are the most popular odds format in the U.S. and is the most simple way to determine how much you would win on a $100 wager. On underdog odds, the number next to the (+) sign indicates your winnings on a $100 wager. On favored odds, the number next to the (-) indicates how much you have to bet to win $100.

However, when using different stake amounts, you may prefer to use your betting calculator.

Decimal Odds

If you prefer to view your odds in Decimal format, which is more widely popular in European countries, you will have a little math to do if you aren’t going to use the betting calculator. All you need to do is multiply your odds by the stake, then deduct the stake. Sounds easy enough!

If you have odds of 9.0, and you want to bet $10, you will do the following calculation:

9.0 x 10 = 90
Then you will subtract your $10 wager.
90 – 10 = $80

This means a $10 wager will win $80 if you bet on the 9.0 decimal odds. The calculator can do this easily for you, but the math isn’t too complicated if you wanted to do it yourself.

Fractional Odds

Another popular U.S. odds format is fractional odds, which is easier to understand in your head than decimal is, for the most part. We all learned fractions growing up, so this one should be a piece of cake to work out – however, the betting calculator can solve this in a mere second, so it’s a nice feature to have when you don’t want to be wasting time on math.

The denominator is your stake, and the numerator is how much you would win. So if you had 9/1 odds, you would win $9 for each $1 wagered.

You can also find out the probability of that wager winning from the fractional odds as well.

Implied Probability

If you have the 9/1 odds still, and want to know the likelihood of that wager winning or the implied probability of that wager to win, you can do the following calculation:

Denominator/(Numerator+Denominator) = %
1/ (9+1) = .10 which equals 10%.

While all of these calculations are quite simple, a betting calculator can really help you speed up the process and do the math accurately for you before you place anything on your bet slip. We recommend getting to know how these odds formats work and how to calculate these, but it’s really not necessary when you have an excellent betting calculator bookmarked on your browser!

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*Please note – This calculator is available for your entertainment purposes and to give an approximation of payouts based on your bets. As odds fluctuate for exact payouts and returns, please use the betting slip at BetUS