Sports Betting Odds Calculator-Sports Betting Calculations

Example

Converting American odds of -150 to decimal odds results in 1.67.

Scenario

A user unfamiliar with American odds wishes to understand the equivalent in decimal format for easier comprehension.

Example

Calculating the payout for a $100 bet on a team with decimal odds of 2.5 results in a $250 payout ($150 profit).

Scenario

A bettor wants to know the potential return from a bet based on the offered odds before placing a wager.

Example

Estimating the implied probability of -200 American odds, which equates to a 66.67% chance of winning.

Scenario

A user seeks to understand the bookmaker's perceived likelihood of an event's outcome to make informed betting decisions.

Example

Analyzing a 3.5 point spread favoring Team A, the calculator shows how a bet on Team A would require them to win by more than 3.5 points for a successful wager.

Scenario

A bettor looking to place a bet on a football game wants to understand the implications of the point spread on the game's outcome and betting strategy.

Example

For a basketball game with an over/under of 220.5 points, the calculator can help assess the bet on whether the total score will be over or under this threshold.

Scenario

A sports enthusiast is considering an over/under bet and wants to analyze how often both teams have combined for scores above or below a certain point total in past games.