Betting Odds Calculator: How to bet on sports and get all the right wagers!

Our odds calculator is ideal for telling you the best way to figure potential rewards for a wide range of game bets. It shows the amount you will win dependent on the chances and all out bet. That way, you’ll know the specific total you would win before setting any picks at your most loved sportsbook. 

The following is a clarification on the most proficient method to wager on sports by utilizing our wagering chances number cruncher to get all the information you have to make the correct bets! 

odds calculator

Instructions to Use Our Betting Odds Calculator 

Stage 1: 

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Enter your odds calculator. Our adding machine underpins every single significant arrangement: 

  • American Odds (- 400) 
  • Decimal Odds (1.25) 
  • Partial Odds (1/4) 
  • Inferred Probability (80%) 

Most wagering destinations offer every odds calculator alternative. It’s completely up to you which type you like. We utilize the American style here at Odds Shark. 

Stage 2: 

Enter the measure of cash you wish to wager. Our number cruncher will deal with the rest. You’ll perceive how much cash you’ll win, and the complete payout you’d get. We set the wager add up to $100, however you can enter any total you need as long as your bankroll can deal with it. 

Odds and Probabilities  Format Definitions

There are three strategies for expressing chances that most bookmakers and sites support. Suggested Probability is additionally helpful while assessing a wager or checking how likely a result is. 

American Odds 

Positive Figures (+): The chances express the rewards on a $100 wager. Ex: American chances of +120 would win $120 on a $100 wager. 

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Negative Figures (- ): The chances show what amount must be wagered to win $100 benefit. Ex: American chances of – 120 would win $100 on a $120 wager. 

Decimal Odds 

Decimals odds calculator quote the potential return should the wager succeed, comparative with the stake.

In the event that $10 is wagered at chances of 4, the all out returned is $40 ($10 x 4) and the potential benefit is $30 ($10 x 4 short the $10 stake). 

Fractional Odds 

Utilized for the most part in the United Kingdom and Ireland, portions quote the potential benefit should the wager succeed, comparative with the stake. On the off chance that $10 is wagered at chances of 3/1, the potential benefit is $30 ($10 x 3) and the all out returned is $40 ($30 in addition to the $10 stake). 

Implied Probability 

Odds calculator connects to likelihood. A 4/1 wager is relied upon to win one in each five endeavors, along these lines the likelihood is 20%. 

Utilizing Moneyline Odds 

The moneyline is one of the most widely recognized wagers. This is a straight-up wager. You should pick the victory-promising team.

Suppose you need to wager on a NBA game. The chances would look something like this: 

Boston Vs New York: Moneyline
OptionOdds
BostonEVEN
New York-120

Odds Conversion Table

FractionalDecimalAmericanImplied Probability
1/51.20-50083.3%
2/91.22-45081.8%
1/41.25-40080%
2/71.29-35077.8%
3/101.30-333.376.9%
1/31.33-30075%
4/111.36-27573.3%
4/91.44-22569.2%
5/42.2512544.4%
11/82.38137.542,1%
9/110.0090010%
10/111.0010009.1%
20/121.0020004.8%
50/151.0050002%
100/1101.00100001%
1000/11001.001000000.1%

Total

Total or OVER/UNDER wagering is the point at which you bet on the joined score of the two groups contending in some random game, and whether the complete will be OVER or UNDER the sportsbook’s expectation. 

The total that is set by the oddsmakers depends on how they anticipate a game unfurling from a scoring point of view. 

At wagering locales, Totals wagers would look something like this: 

Boston Vs New York: Total
OptionOdds
OVER 104.5-110
UNDER 104.5-110

You would type – 110 in the American Odds segment to perceive the amount you’d win dependent on the total bet. On the off chance that you accept the joined score for the two groups will be 105 focuses or more, you would wager the OVER. In the event that you figure the joined score for the two groups will be 104 focuses or less, you would wager the UNDER. 

Point Spreads – Odds Calculator

For point spread wagers, the oddsmaker changes the line with the goal that the dark horse gets a preferred position. 

The chances would look like so: 

Boston Vs New York: Point Spread
OptionOdds
Boston +3.5-115
New York -3.5-105

Prop Odds – Odds Calculator

Prop wagering is a bet dependent on events or non-events during a game or season. These occurrences may not relate with the result of a game or even the last score not at all like point spreads, total or straight-up wagers. 

Props are what we call curiosity wagers since they can comprise of individual player or group achievements, and will seem like so at wagering destinations: 

James Harden – Total Points Scored (30.5)
OptionOdds
OVER 30.5 Points-115
UNDER 30.5 Points-115

In this player prop, you’re wagering on the quantity of focuses that James Harden will score in a game. You can wager OVER or UNDER the oddsmaker’s line of 30.5 focuses for The Beard. 

On the off chance that you wager OVER 30.5 and Harden scores at least 31 focuses, at that point your wager wins. On the off chance that he doesn’t, it loses. 

In the event that you wager UNDER 30.5 and Harden scores 30 focuses or less, your wager wins. On the off chance that he scores more, your wager loses. 

Futures – Odds Calculator

The fates bet is perfect in case you’re hoping to make long haul wagers. You would pick the group underneath you accept is going to lift the Larry O’Brien Championship Trophy, and enter their chances in the American Odds segment. 

Odds To Win The NBA Championship
TeamOdds
Los Angeles Lakers +200
Milwaukee Bucks+225
Los Angeles Clippers+300
Boston Celtics+1500
Houston Rockets+1500
Toronto Raptors+1600
Denver Nuggets +2200

Odds Calculator FAQs: 

How would you convert the American odds calculator to Fractional? 

Positive Odds (+): The American chances separated by 100. Ex: American chances of 400 = 400/100 = 4/1. 

Negative Odds (- ): Minus 100 isolated by the American chances. Ex: American chances of – 400 = – 100/ – 400 = 1/4. 

How would you convert wagering chances to likelihood rate? 

Decimal: 1 separated by the decimal chances, duplicated by 100 to give a rate. Ex: Decimal chances of 4 = (1/4) x 100 = 25%. 

Partial: 1 partitioned by (the fragmentary chances in addition to 1), increased by 100 to give a rate. Ex: Fractional chances of 4/1 = (1/((4/1) + 1)) x 100 = 20%. 

American Positive Odds (+): 100 separated by (the American chances in addition to 100), duplicated by 100 to give a rate. Ex: American chances of 25 = (100/(25 + 100)) x 100 = 80%. 

American Negative Odds (- ): Multiply the American chances by – 1 and utilize the positive incentive in the accompanying recipe: American chances isolated by (the American chances in addition to 100), duplicated by 100 to give a rate. Ex: American chances of – 400 = (400/(400+100)) x 100 = 80%. 

How would you convert American chances to Decimal odds calculator? 

  • Positive odds calculator (+): 1 or more (the American chances partitioned by 100). Ex: American chances of 400 = 1 + (400/100) = 5. 
  • Negative odds calculator (- ): 1 less (100 partitioned by the American chances). Ex: American chances of – 400 = 1 – (100/ – 400) = 1.25.