Our betting odds calculator can show you your expected payout based on your bet amount and odds, as well as what your odds are in other formats and your implied probability of winning.
For example, if you want to see the -110 odds payout of your bet, just fill out the bet amount and odds in any one format and our payout calculator will show you the results!
Betting Odds Payout Calculator
To Win
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To Pay
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If you want to learn more about how to read odds and calculate payouts in each odds format, check out our .
While we go into more information in that guide, here are the betting odds payout formulas (profit; not total payout which would include the amount wagered) for each betting odds format:
- Calculate winnings from American Odds (Favorite): Winnings = Amount Bet / (Odds/-100)
- Calculate winnings from American Odds (Underdog): Winnings = Amount Bet * Odds / 100
- Calculate winnings from Fractional Odds: Winnings = Amount Bet * Odds
- Calculate winnings from Decimal Odds: Winnings = (Amount Bet * Odds) – Amount Bet
To calculate implied probability, you can use the following formulas:
- Calculate implied probability from American Odds (Favorite): Implied Probability = -Odds / (-Odds + 100)
- Calculate implied probability from American Odds (Underdog): Implied Probability = 100 / (Odds + 100)
- Calculate implied probability from Fractional Odds: Implied Probability = Denominator of Odds / Denominator of Odds + Numerator of Odds
- Calculate implied probability from Decimal Odds: Implied Probability = 1 / Odds
Other Betting Resources
We have a variety of other tools and resources other than our gambling odds payout calculator that you can use to help with sports betting:
