Our Betting Odds Calculator simplifies the process of figuring out your potential winnings. Just enter your bet amount and odds in any format (American, Decimal, or Fractional), and the calculator will instantly show your expected profit and total payout. It also shows you what your odds look like in other formats.
Odds are crucial in sports betting. They show two things:
There are 8 fields, but you only need to fill out 2, and the rest will update automatically.
Enter one of the following, and the calculator will fill in the rest:
Implied probability: The probability of winning expressed as a percentage.
The odds a sportsbook gives you are based on the implied chance of the outcome. If the implied chance is lower than the true chance, it’s a good bet.
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Essential information about horse racing betting — perfect for beginners and pros