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Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. It indicates how much you will win based on the odds and total wagered. Below is an explanation on how to bet on sports by using our betting odds calculator to get all the data you need to make the right wagers!
Most betting sites offer each odds option. We use the American style here at Odds Shark. Step 2: Enter the amount of money you wish to bet. Our calculator will take care of the rest. There are three methods of stating odds that most bookmakers and websites support. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. Decimals quote the potential return should the bet succeed, relative to the stake.
Used mostly in the United Kingdom and Ireland, fractions quote the potential profit should the bet succeed, relative to the stake. Odds correlate to probability. The moneyline is one of the most common bets. This is a straight-up bet. All you need to do is pick the winning team. The odds would look something like this:. The amount that is set by the oddsmakers is based on how they foresee a game unfolding from a scoring perspective. If you believe the combined score for both teams will be points or more, you would bet the OVER.
For point spread bets , the oddsmaker adjusts the line so that the underdog gets an advantage. You would enter in the American Odds section if you believe Boston will cover or enter in the American Odds section if you think New York will cover. If you bet on the Knicks, then they would have to win by four points or more.
If you bet on the Celtics, they would need to win outright or lose by three points or less for you to win your bet. Prop betting is a wager based on occurrences or non-occurrences during a game or season. Props are what we call novelty bets because they can consist of individual player or team milestones, and will appear like so at betting sites:. Odds correlate to the probability of a team winning, which is the implied probability. A favorite has about a To calculate implied probability, use the following formulas:.
As a responsible bettor, it is important to understand proper bankroll management. Your payout includes your potential winnings, plus whatever you bet originally. Sports Betting. Best Books. Bet Amount. Bet Type Single Bet Parlay. American Odds. Decimal Odds.
To find out what the numbers really represent see understand odds as probability with overround. Post comment. Notify me when new comments are added. Must be a number greater than 1. Must be a number from You may also like Exclusive crypto sportsbook bonuses Crypto betting arbitrage alerts Odds archive Best odds crypto sportsbooks Frequently asked questions.
Leave a comment Click here to cancel the reply Your email address will not be published. Free bets Free spins Free rolls Deposit matches Get crypto bonuses. Edge alerts We have set up alerts when there are opportuntites to gamble crypto with the odds in your favor. Best odds sportsbooks Best odds frequency Edge 1 st Hong Kong odds are the preferred betting odds of Hong Kong and many Chinese speaking countries.
Many point to Hong Kong odds as the easiest and most straightforward to understand regarding odds types. The calculation is your potential profits. Betting in Indonesian but the vast country still has quite the sports gambling appetite. Football soccer betting is extremely popular in Malaysia.
The country of over 31 million also has an odds preference. Malaysian odds are similar Indonesian odds and decimal odds. However, 1. The calculation for Malaysian odds is simple enough. A bet on When it comes to bonuses, payout options and speeds, and betting limits — SportsBetting.
Their payouts are fast, and they accept accounts from all 50 U. If you are on the lookout for more ways to use calculators to your advantage, then let me introduce you to our free no-vig calculator , which can be used to calculate no-vig odds and probabilities.
Please wait Bet Now Review. Hong Kong Odds:. Indonesian Odds:. Malay Odds:. Please review the values you entered to make sure they are valid, and try again.