You’ll have noticed that we have plenty of tools here at Players.org all aimed at enhancing your experience online. Our betting calculators may just be some of the most useful, allowing you to easily convert odds, confirm hedging opportunities, and even highlight the implied probability.
We will be the first to say that betting calculators aren’t going to provide you with any guaranteed winnings. However, they will prove to be very effective in finding you the best value and implied probability.
This is ideal for those of you scoping the online betting scene in the search for top odds and discrepancies amongst sportsbooks. However, even for the “average” bettor, online betting calculators, like arbitrage calculators, are well worth checking out.
Simple tasks like effectively converting your odds into your preferred format can be achieved by clicking on an odds convertor. Here, you can type in your moneyline, fraction, or decimal, and soon find alternatives, including Malay, Hong Kong, and Indonesian odds.
In other instances, you may be wanting to establish how you can walk away with winnings from a hedged bet. In essence, these wagers require you to bet on alternative outcomes – if you can find a small discrepancy or a different sportsbook with a smaller vig/margin, you can often hedge effectively.
Of course, they are also great tools for building parlays and tricasts. Once you have the odds available to you and the stake you wish to place, you’ll find that the rest is completed within a matter of minutes, meaning you can save time and lock in your odds before they change again.
As briefly touched upon, you’ll be able to find betting calculators for all sorts of requirements. For the most part, we have found that the odds converter is the most popular – a calculator that can be used for everything from the moneyline to the first TD scorer. However, when considering the most popular bet types, we have found that calculators are often essential for the following:
A hedged bet refers to any two wagers that are placed on alternative markets on the same fixture. For example, in a match between the Bengals and the Giants, you will be betting on both teams to win.
Generally, you won’t find slippage in the odds at the same sportsbook. So, you’ll often place a bet on the Bengals to win at one site, and a bet on the Giants to win at another. The margin/vig plays a huge role in the value of this wager. If there is a significant difference, it can mean that you can walk away with winnings, regardless of the outcome. A hedging calculator will then show you the differences and potential wins.
A parlay is a very common bet placed by sports fans. Instead of placing individual bets, you’ll be required to choose a selection. You can build same-game parlays, cross-sport parlays, and just about anything in between. You’ll just need to bear in mind that all of your selections must come in for your wager to be considered a winner.
So, for instance, when looking at the Bengals and Giants again. You may build your parlay odds calculator up from the following, but all selections must be true in order to win:
If you’ve spent any amount of time around greyhounds and horse racing, then you’ll have heard of the tricast. In essence, this bet requires you to select who you believe will finish first, second, and third. Alongside the standard tricast, you’ll also find a combined tricast that allows you to select three horses and payouts will vary based on where they finish across the front three.
As an example, you will choose runner 2, runner 5, and runner 9 to finish first, second, and third in a tricast bet. With a standard tricast, the only way to win is with the race finishing as follows:
Of course, with a combined tricast, you’ll end up spending more to cover the additional outcomes. However, provided runner 2, runner 5, and runner 9 land somewhere in the top 3, you’ll walk away with some winnings.
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The spread is a fairly simple bet type, but it is usually used in this context to compare with the moneyline calculator. A spread will look to “even the odds” by adding in a numerical advantage or disadvantage to the outcome. A spread betting calculator will then highlight the implied probability and compare that with the odds of a moneyline.
When looking at a spread, you’ll come across a (+) plus points for the underdog and a (-) minus points total for the favorite. For instance, you may be able to bet on the Bengals -7.5 against the Giants. Your bet would then win, provided that the Bengals beat the Giants by 8 or more points.
Now you’ve got a little insider information on the types of bets that could use a calculator, let us show you what we have in store.
| Hedging Calculator | This calculator is aimed at those of you looking to hedge your bets. Once you’ve entered both sets of odds, you’ll find the calculator will display the potential winnings. |
| Odds Value | This betting calculator is focused on the implied probability of winning. In short, this will display whether the bet is worth taking in the first place. |
| Betting Odds Converter | The odds converter allows you to quickly and efficiently convert one odds format into another. We currently cover Malay, Indonesian, Hong Kong, decimal, fractional, and moneyline. |
| Betting Odds Calculator | This betting calculator is very basic, providing you with a breakdown of the implied probability and the odds in various available formats. |
| Parlay Odds | The parlay calculator will allow you to add in the individual odds, present you with the overall odds, potential winnings, and a look at the implied probability. |
| Spread betting Calculator | This Players.org online betting calculator will compare the difference between the spread and the moneyline. Based on the implied probability, you can then decide it's worth. |
| Tricast betting Calculator | When using the tricast calculator, you’ll uncover the cost, combinations, and % of units, based on your three horse racing or greyhound racing picks. |
| Sports Betting Hold Calculator | The sports betting hold calculator provides you with the insight to effectively uncover the ‘vig’ or ‘margin’ or your chosen online sportsbook. |
We hope that you now feel confident in how to use a betting calculator effectively. Here at Players.org, we have ensured that all of our tools are completely free to use, allowing you to load up a range of calculators for all types of needs.
Whether you’re hedging, building parlays, focusing on a tricast, or simply want some Malay odds converted, you’re in the right place. Remember, we also have our own betting tips and online sports betting reviews backed by competitive betting odds – make sure you use all of our resources to your advantage.
A betting calculator can be used to convert the odds, confirm the implied probability, or highlight the EV. Simply enter your odds into the relevant box, and let our dedicated calculators do the work.
We aren’t suggesting that a betting calculator will solve all of your betting woes or provide you with any winnings, but they will certainly give you a better look at the potential outcomes and the odds associated with them.
It all depends on the type of bets you plan to place. You’ll find that you can make use of eight different betting calculators with us here at Players.org, including those better-suited to hedging, parlays, tricast, and more.
