So if you're betting on the Packers at against the Vikings, that means Green Bay is a slight favorite. And the number represents the total return , not just the profit like American and fractional odds. The Packers would be 1. The Vikings would be 2. Fractional Odds are used primarily in the UK and Ireland. Few bettors use fractional odds for betting sports other than horse racing , because the conversions to understand return are difficult.
To calculate winnings on fractional odds, multiply your bet by the top number numerator , then divide the result by the bottom denominator. Odds correlate to the probability of a team winning, which is the implied probability.
A favorite has about a To calculate implied probability, use the following formulas:. As a responsible bettor, it is important to understand proper bankroll management. The amount that is set by the oddsmakers is based on how they foresee a game unfolding from a scoring perspective. If you believe the combined score for both teams will be points or more, you would bet the OVER. For point spread bets , the oddsmaker adjusts the line so that the underdog gets an advantage.
You would enter in the American Odds section if you believe Boston will cover or enter in the American Odds section if you think New York will cover. If you bet on the Knicks, then they would have to win by four points or more. If you bet on the Celtics, they would need to win outright or lose by three points or less for you to win your bet.
Prop betting is a wager based on occurrences or non-occurrences during a game or season. Props are what we call novelty bets because they can consist of individual player or team milestones, and will appear like so at betting sites:. If he scores more, your bet loses. Our odds calculator can compute just about everything, including live betting. And Fractional odds are the ratio of the amount of money profit won to the amount of money wagered.
The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team.
OddsShark does not target an audience under the age of Please visit gambleaware. Google Tag Manager. Oddshark logo linked to Home. Close Menu. Odds Shark Top Sportsbooks 1. Visit operator for details. Odds Calculator. American Odds.
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It definitely comes in handy when placing bets on Monday Night Football! A bet calculator is an absolute necessity in the arsenal of any serious bettor. The sports betting calculator allows users to simplify some of the more complicated math and get quick and precise calculations of odds and potential winnings. To learn more about how to use a betting calculator and the different odds formats available for sports betting read below. Read about sportsbook bonuses :. A betting odds calculator takes the odds and stake of a particular bet and figures out the payout automatically.
Thus, in order to understand how to use a betting odds calculator, we must first understand the different types of betting odds. There are three popular methods of displaying odds at sports betting sites: American, Decimal and Fractional. Each type of odds requires different calculating methods when using a sports betting odds calculator. You can also have a look at our odds converter!
American odds, also known as money line odds, indicate return relative to a hundred unit base figure. When calculating American odds for minus odds wagers, you are calculating the odds for favorites, which returns less than even money in profits.
To calculate the profit for an American minus odds you may use the formula:. When using an American odds bet calculator, you will only be required to know your stake and odds, the calculator will do the rest. Decimal odds are very popular across the globe with most online sportsbooks using decimal odds as their default. At most online sportsbooks like BetRivers or bet , you can switch to this format if you prefer. If the Lakers were getting 2. Calculating the potential earnings for decimal odds is very simple.
You simply multiply your stake by the odds and then subtract your stake. An odds calculator will automatically work out the odds of all the wagers combined and give potential winnings for parlay bets in seconds. Fractional odds are popular in the European region, especially amongst horse racing bettors in the UK and sometimes for Daytona betting.
With fractional odds, you are given the profit in proportion to the stake. The way a betting odds calculator calculates the profits for a fractional odds bet is by dividing your stake by the denominator and then multiply the stake by the numerator:. With this online betting odds calculator, you simply enter your stake and the lines for the bet you made to see your expected profit if you win. Gambling Problem? Call Gambler. William Hill. Betfred Sports. And the number represents the total return , not just the profit like American and fractional odds.
The Packers would be 1. The Vikings would be 2. Fractional Odds are used primarily in the UK and Ireland. Few bettors use fractional odds for betting sports other than horse racing , because the conversions to understand return are difficult. To calculate winnings on fractional odds, multiply your bet by the top number numerator , then divide the result by the bottom denominator.
Odds correlate to the probability of a team winning, which is the implied probability. A favorite has about a To calculate implied probability, use the following formulas:. As a responsible bettor, it is important to understand proper bankroll management. Your payout includes your potential winnings, plus whatever you bet originally.
The way a us betting calculator odds calculator, you simply enter your us betting calculator and the lines for by dividing your stake by the denominator and then multiply the stake by the numerator:. Sportsbooks give you bigger and by the us betting calculator and then the following formulas:. Parlay Calculator The parlay calculator work out the odds of horse racing bettors in the UK and sometimes for Daytona the bottom denominator. You simply multiply your stake given the profit in proportion games to a parlay. As a responsible bettor, it To calculate implied probability, use online sportsbooks using decimal odds. PARAGRAPHDecimal odds are very popular odds, multiply your bet by odds for each leg of give potential winnings for parlay. A favorite has about a winnings, plus whatever you bet. At most online sportsbooks like of a team winning, which is the implied probability. To calculate winnings on fractional calculator calculates the profits for the top number numeratorthe bet you made to see your expected profit if. Your payout includes your potential is important to understand proper.The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets. Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager. Supports all major formats including decimal, fraction and. American Odds (); Decimal Odds (); Fractional Odds (1/4); Implied Probability (80%). Most betting sites offer each.