Working Out Betting Odds Payout

Decimal odds have slowly become the standard odds format used
at sports betting sites. Some sites still use moneyline or
fractional formats, but the decimal option is easily the most
common. The likely reason is that it’s widely considered to be
the most straightforward of all three.

Working Out Betting Odds Payout

Calculating Payouts From Positive Moneyline Odds The following simple equation is used to calculate the potential profit of a wager with positive moneyline odds. Potential Profit = Stake x (Odds/100) Since. American odds for betting on the favorite work by showing how much money you would have to bet in order to win $100. Things are different when betting on an underdog. The positive number shows how much you can win if you risk $100. You may notice that this is similar to 'odds-on' bets. Odds are simply the way prices and payouts are shown at a horse track. The numbers displayed as 4-7 or 2-5 tell you what you pay and how much you get back if the horse you bet on wins. The first number tells you how much you could win, the second number is the amount you bet. In Summary Betting odds represent the probability of an event to happen and therefore enable you to work out how much money you will win if your bet wins. As an example, with odds of 4/1, for every £1.

On this page, we show the required calculations to work out
potential profits and payouts from decimal odds. We include
examples of these calculations and provide a chart showing the
payouts for several commonly used odds.

Odds Payout Chart

Calculations Required

There are two calculations to know to work out the potential
profit and total payout of a bet using decimal odds as follows.

Using These Calculations

How To Calculate Odds Payouts

The following examples illustrate how these calculations work

Decimal Odds Payout Chart

Betting

How To Figure Payout On Odds

The following chart shows the potential profits and total
payouts for various commonly-used decimal odds, based on a $10
stake.

Betting Odds Payout Calculator

OddsPotential ProfitPotential PayoutOddsPotential ProfitPotential Payout
2.00$10.00$20.001.909$9.09$19.09
2.10$11.00$21.001.80$8.00$18.00
2.25$12.50$22.501.667$6.67$16.67
2.375$13.75$23.751.571$5.71$15.71
2.50$15.00$25.001.50$5.00$15.00
2.75$17.50$27.501.444$4.44$14.44
3.00$20.00$30.001.40$4.00$14.00
3.50$25.00$35.001.364$3.64$13.65
4.50$35.00$45.001.333$3.33$13.33
5.50$45.00$55.001.286$2.86$12.86
Comments are closed.