Welcome to the Bet Payout calculator website. We have built all the tools you need to make your sports betting experience better! Below we have a bet payout calculator, and information about the different types of wager.

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How does the bet payout calculator work?

The bet payout calculator calculates the payout and profit of your single wager or parlay if it is successful. The payout is the total return you will receive from the sportsbook, whilst the profit is the return minus your original stake. Your stake is the amount you are willing to wager on your bet.

Use the Bet Payout calculator here

  • Please Enter Odds
  • Potential Profit: $0.00
  • Potential Winnings: $0.00

What are the different odds formats?

There are three main odds formats - American, Fractional, and Decimal.

American odds have a plus (+) or minus (-) sign in front of them, and must be greater than +100 or less than -100. The positive number represents how much profit you would make if you wagered $100, whilst the negative number represents how much you'd need to wager to make $100. For example, a $100 wager on +250 odds would earn you $250 in profit, whilst you would need to wager $250 on -250 odds to make $100 in profit.

Decimal odds can be any number greater than $1.00, and returns are calculated simply by multiplying the stake by the odds. This produces a result that shows your total payout, which is the sum of your profit and stake.

Fractional Odds, which are commonly used in Britain and Ireland, are represented with numbers either side of a slash (/), e.g. 7/2. The first number can be thought of as the return, and the second number the stake, which means for 7/2 the bettor would make 7 units for every 2 units they stake.

You can easily convert betting odds, and learn more about them using our Betting Odds Converter.

What are single bets and parlays?

To learn about a single bet, or a parlay , and many other betting terms, please head to our Wagering Terms website.