![]() ![]() Calculating Sports Betting Payouts of American/Moneyline Odds Bets To calculate your payout, divide the amount wagered by the denominator, multiply it by the denominator, and add the staked amount again. In this example, consider that you bet with $21 on Team Red, and they won. Let's say you wagered an odd number which is not the multiple of the denominator. ![]() #Bet unit calculator plus#So, if you placed a bet of $50 on Team Red and they won the match, you get a payout of $110, which is $60 in profit plus your original bet of $50 back. The numerator (the number on the left) tells you how much you can win while the denominator (the number on the right) tells you how much you need to wager to win the amount the numerator tells you.įor a better understanding, consider another match by Team Blue and Team Red as an example, where the odds are:Īny easy way to calculate payout is if you wager an amount that is a multiple of the denominator. When reading fractional odds, always keep in mind that it shows the amount you need to wager to win a certain amount. Calculating Sports Betting Payouts of Fractional Odds Betsįractional odds, also called UK odds (as it is most commonly used in the United Kingdom and in Ireland), are one of the oldest forms of odds used in sports betting and were first used in horse racing betting. When it comes to payout calculation, all you need to do is to multiply the amount you wagered to the odds of the team you placed your bet on, regardless of whether they are the favorite or the underdog.įor example, if you bet $10 on Team Bleu and won, you'll get a total payout of $15 ($10*1.50), which means you get a net profit of $5. In the same sense, that would make Team Red the underdog as they have the higher number of odds. In this example, Team Blue is the favorite as they have the lower numbers in the odds. Calculating Sports Betting Payouts of Decimal Odds Betsĭecimal odds often also called European odds (because of the region they are most popularly used), digital odds, or continental odds, are what most bettors consider the easiest to read and understand when it comes to calculating your payout.Ĭonsider the following example between Team Red and Team Blue in a game with decimal odds, where the numbers are: We'll be covering how you calculate payouts depending on the odds given to you. #Bet unit calculator how to#Without the odds, there would be no way for bettors to make a profit from their wagers and without the proper understanding of how it works and how to calculate sports betting payouts, no bettor could place a strategic wager. The odds are what makes sports betting what it is. ![]()
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