Our betting odds calculator is here to help you make your sports bets with a little extra precision. Perfect for seeing whether you should make that bet or try something else.
You can simply use our calculator for a simple moneyline bet on your favorite football team or a massive parlay bet on this weekend’s basketball. It’s fully customizable, easy to use and you can access it 100% free of charge. Below, you’ll find some handy tips for making the most out of this awesome piece of software.
Our betting odds calculator is here to reveal how much you can win from your sports bets. It can be used across all sports, all major odds formats, and with a variety of bet types.
We’d recommend using this calculator simply because it gives you a fast way of seeing what your potential returns could be. Obviously you can do all of that mental arithmetic yourself, but most of us would probably avoid having to do too much math.
You can use our calculator to perform simple tasks like calculate your potential returns from a moneyline bet on Monday night football, or even get seriously complex with calculating payouts from a Super Yankee on Breeders’ Cup horse racing. Whatever kind of bet you throw at it, our bet calculator can more than live up to the task.
We think that our betting odds calculator is an essential piece of kit for anyone who likes to bet on sports. Here are the main pros and cons of using this bet calculator:
We’ve made sure that the calculator on this page can be accessed from the browser of any modern smartphone or tablet. So once you load it up, you just need to do the following things to see exactly how much you can win from your sports bet:
Once you have done this, the calculator should automatically show you what your potential return could be should you win your bet. Just remember that there may be additional steps to take for some of the more complicated bets such as each-way bets, parlay bets and so on.
Let’s have a quick look at some of the different ways that you could use our betting calculator to bet on your favorite sports. We’ve picked a moneyline bet on football with American odds, a parlay bet on basketball with decimal odds, and an each-way bet on horse racing with fractional odds as examples:
So let’s say that you were a fan of the New York Giants and you wanted to bet on your team to beat the Chicago Bears. You wanted to bet $10 and you could fire up our odds calculator that would reveal the potential payouts for betting on each team:
| Team | American moneyline odds to win | Total potential returns |
|---|---|---|
| New York Giants | +300 | $40 |
| Chicago Bears | -150 | $16.67 |
From this, you’d see that the Giants are the underdogs and you’d have a tough time winning this bet, but get potentially more in return. Conversely, a bet on the Bears would be safer, but your returns wouldn’t be quite so impressive.
For this parlay bet, you wanted to bet $5 on Oklahoma City Thunder, Los Angeles Lakers and the Houston Rockets each to win their next games in the NBA. You could simply type in the odds for each team into our calculator and see your potential returns:
| Team | Odds to win |
|---|---|
| Oklahoma City Thunder | 1.50 |
| Los Angeles Lakers | 2.00 |
| Houston Rockets | 2.50 |
From this, you would see that you have the potential to win a total return of $30 from your parlay bet. Just remember that parlay betting is hugely risky, and so you should be careful to only play with stakes that you don’t mind losing.
Let’s imagine that you wanted to bet on this year’s Kentucky Derby. You were thinking about backing the favorite, but weren’t totally sure whether it would win the race.
As such, you decided to make a $10 each-way bet, and you could enter in the regular win fractional odds and the place fractional odds and the calculator would automatically calculate the potential payout for you.
Just remember that this calculator can perform a range of other more complex bet types that are synonymous with horse racing. So that whether you want to try a Patent, Trixie, Yankee or Heinz, our calculator should more than meet the challenge.
We’ve made sure that our odds calculator is easy to use, but you’ll still need a little experience to make the most out of it. Check out these simple tips to get you started:
It’s definitely worth using our bet calculator to figure out which sportsbook is giving you the best odds. After all, you can simply punch in the odds for the same sporting event from different sportsbooks and see who comes out on top in terms of the returns you could receive. Perfect for seeing whether you should stick with your preferred betting site or try some Borgata betting instead.
Our odds calculator gives you a simple way to play with different types of sports bets and see what your potential returns could be. This offers you a great way to extend your betting abilities beyond standard single bets, and you could learn the appeal of most complex bet types ranging from Round Robins to Heinz bets and beyond. Just remember that these exotic bets may require an extra level of expertise and may also be restricted for use with certain sports such as horse racing.
Don’t forget that you can also use our bet calculator for live betting. This is where the odds will be changing in real-time in accordance to the action and you can speedily use our calculator to figure out your potential payout. Just note that you’ll have to be quick but our calculator should be more than up to the task.
It’s always best to define what stake you are wagering with before you use our bet calculator. This means setting yourself a budget of money that you don’t mind losing. Once you have done this, then feel free to play around with different bet types and odds amounts. Only when you know that you are fully in control of your bets should you try wagering on sports.
Our bet calculator also lets you combine multiple selections into a variety of parlays and accumulators. While these kinds of bets can be a whole lot of fun, they can also be pretty risky. After all, you’ll need each leg of your parlay to win for you to succeed with your overall bet. So be careful about including any more than three selections in your parlay and consider only filling it with surefire favorites.
By now you should understand that our betting odds calculator offers you a great way to get a little more clinical in how you bet on sports. After all, it lets you experiment with different bet types, different odds amounts and you can set your stake accordingly.
Just remember that all of our sports betting calculators will require care and you shouldn’t forget to bet responsibly at all times. As long as you remember that, then there should be little reason why you can’t have plenty of fun with our betting odds calculator.
Right here on our site, as our bet calculator is completely free to use. It also works wonderfully from the browser of any smartphone, tablet or computer.
Our bet calculator works great for football, basketball, baseball, hockey and any other sports. You can also try it for some more complex racing bets too.
It depends on how much you are betting with and what you are betting on. Our bet calculator should help you see your potential returns.
Yes, while many people will simply be using it as a standard moneyline bet calculator, you can also use it for horse racing bets. This means that you can calculate your returns for each-way bets, or even exotic bets like Trixies, Patents and Yankees.
