You can tell whether a pick is a favorite or an underdog by the sign. Instead, American odds tell you a few things. Unlike fractional or decimal betting odds, American odds aren’t exactly stake multipliers. However, once you get the gist of it, it’s actually quite simple. Reading American betting odds can seem a little daunting to the uninitiated. You’ll also be able to see your exact potential payout. Finally, enter the specific American, decimal, or fractional odds in the corresponding space.Īfterward, the sports betting odds calculator will instantly give you the odds converted across all three formats. Choose whatever format that the betting market you’re looking at is quoted in. Next you select your preferred format: fractional, decimal, or American. Don’t worry about currencies, as the betting odds calculator works regardless of the currency you’re gambling with. Simply input your real or hypothetical stake. Results will be instantly computed and displayed upon entering the needed data.įor the odds betting calculator to work, you’ll first need to enter your bet amount.

All you need to do is input the relevant information in each field and then let the bet calculator work its magic. Using our betting odds calculator is extremely simple. Vegas Insider makes no representation or warranty as to the accuracy of information given or the outcome of any game or event. The content on this page is for informational purposes only. In short, the odds betting calculator provides you with everything you need to learn how to read betting odds and calculate payouts.

The betting odds calculator even lets you figure out exact payouts for specific stakes with odds in any format. You can use it to switch between odds formats without hassle. Our betting odds calculator helps you make sense of the odds regardless of format. It takes a bit of experience (and quick mental math) to make conversions between them. Each is popular with bookmakers in different world regions. Reading them accurately is crucial and not always easy.įor starters, there are several different ways to express betting odds or formats.

They’re what determines how large (or small) a payout you’ll get if your selection proves a winner. There are many different uses for a bet calculator, and it is a huge convenience to those who have access to one.īetting odds are at the core of any sports betting experience. That’s why we offer users our nifty betting odds calculator. When you consider betting odds, things only get more complicated. With dozens of sports, hundreds of leagues and thousands of betting markets, there’s a lot to keep up with.

What does 45 odds mean