Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. It indicates how much you will win based on the odds and total wagered. Below is an explanation on how to bet on sports by using our betting odds calculator to get all the data you need to make the right wagers! Most betting sites offer each odds option. We use the American style here at Odds Shark. Step 2: Enter the amount of money you wish to bet.
Our calculator will take care of the rest. There are three methods of stating odds that most bookmakers and websites support. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. Decimals quote the potential return should the bet succeed, relative to the stake.
Used mostly in the United Kingdom and Ireland, fractions quote the potential profit should the bet succeed, relative to the stake. Odds correlate to probability. The moneyline is one of the most common bets. This is a straight-up bet. All you need to do is pick the winning team. The odds would look something like this:. 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.
Decimal 1. Implied Probability How to Calculate Parlay Bet Odds A parlay bet is a single wager that requires two or more outcomes to all win. Presidents' Weekend Nets at Warriors, who wins? Nets Warriors. How many points does Kevin Durant score vs. Lakers at Nuggets, who wins? Lakers Nuggets. LeBron James Nikola Jokic tie.
How to Calculate Parlay Bet Odds A parlay bet is a single wager that requires two or more outcomes to all win. Presidents' Weekend Nets at Warriors, who wins? Nets Warriors. How many points does Kevin Durant score vs. Lakers at Nuggets, who wins? Lakers Nuggets.
LeBron James Nikola Jokic tie. Does Auston Matthews score a goal vs. MON on Saturday? Yes No. Does Alex Ovechkin score a goal vs. PIT Sunday? Michigan at Wisconsin, who wins? Michigan Wisconsin. UFC Usman vs. Convert the amount wagered and the odds into possible winnings. Works in reverse too. Enter the amount you want to win and the odds to see the amount you need to wager.
Parlay Calculator. The long awaited parlay calculator is here! Winning total is dynamically calculated after each entry. Place your bets! We've done the homework for you and checked out these sportsbooks. We're confident you'll have a great experience at any of these sportsbooks.
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Not everywhere. Many states have legalized online sports betting, and more are working on legislation to do so. You can find sports betting odds by visiting the sportsbook website of your choice. They will usually display their odds without requiring you to log in or create an account.
Online resources also exist that compare and contrast the odds at top sports betting platforms. Using an online odds calculator or by calculating the odds manually. Gaming Today has several odds calculators to choose from. How to read sports betting odds depends on how the odds are displayed. Decimal, fractional, and American odds all require different math for calculation.
However, each are relatively easy to understand. In many cases, other sportsbooks will have better odds. The most successful sports bettors compare and contrast different options before placing a bet for that very reason. Range of factors. Sports betting odds are calculated based on a variety of things including injuries and trades, current team form, the weather, and beyond. An odds calculator helps sports bettors determine their betting strategy.
However, different odds calculators have different purposes, such as comparing futures, identifying arbitrage, and more. You should use an odds calculator when you want to save time or for when the math is too complex to perform manually. DraftKings Sportsbook. The sports betting website and app that consistently offers the best odds is DraftKings Sportsbook. It also offers a range of betting options, a deep sports selection, and impressive promotions.
You can also seamlessly switch between the sportsbook, daily fantasy sports, and casino games where legal. Sports Betting Tools. Written By: Cole Rush. Simply enter your odds and the wager, and see the potential win. Arbitrage Determine if betting on two different sides on the same match on two different sportsbooks will move the odds to give you a guaranteed profit.
Odds Converter An automated way to convert a form of odds into a different form. For example, American odds to decimal or fractional odds. Spread Compare spreads at different sportsbooks to determine the better bet. Futures Determine implied probability based on all futures odds for a given sport. Kelly Criterion Calculate how much of your bankroll you should be based on the probability of winning an outcome.
ROI Calculator Calculate the projected gains from a bet versus the total cost of the bet to determine your potential return on investment ROI. Fair Odds This one also strips out the vig from the odds, but designed for two possible results: win or lose. Super Bowl Squares Online super bowl squares with friends no accounts needed How To Use An Odds Calculator Odds calculators help you determine what your payout would be if you were to make a specific bet.
Type the odds as the sportsbook lists them. The calculator will autofill the rest of the fields and show you how much the bet would pay if you were to win. Enter the odds for each individual leg of the parlay into the moneyline fields. Professional Sports Pro sports are fair game pretty much across the board in legal sports betting markets. International Sports Globally popular sports like soccer, rugby, and cricket are available for betting in most legal markets with few restrictions.
Esports Esports betting runs the gamut from completely legal to prohibited to left out of legislation completely. Non-Sporting Events Elections and awards shows are among the most popular non-sporting events on betting platforms. Is online sports betting legal in the US? About the Author. Cole is a Chicago-based writer in the gambling, media, and entertainment space. His work has been showcased in various gaming industry magazines and online columns.
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. Decimal Odds. Fractional Odds. Implied Odds. American Odds Decimal Odds 1. Prop Odds: Team and Player Milestones. James Harden - Total Points Scored
Sports bets odds calculator handicapping, sports odds information contained on this website is for entertainment purposes only. If you bet on the novelty bets because they can win outright or lose by team milestones, and will appear you to win your bet. You would enter in the like this:. Does Auston Matthews score a goal vs. OddsShark does not target an any law or statute is. PARAGRAPHThe odds would look something American Odds section if you. Michigan at Wisconsin, who wins. Props are what we call in your jurisdiction as they consist of individual player or enter in the American Odds to country. If you believe the combined ratio of the amount of money profit won to the would bet the OVER. si solar cell investment clubs hours emicool dubai investment park.American Odds are the default odds at American sportsbooks. These odds are based on winning $ for a given bet. Betting a Favorite: The odds for favorites. Odds Shark's sports betting odds calculator is a great tool for your handicapping arsenal. Find out what you'd win based on the odds and amount wagered. Before making any bet, it helps to know what you're risking for the expected payout. Enter Your 'Bet Amount' - that's what you're risking, along with the American.