Betting Profit Formula:
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Betting unit profit represents the net gain or loss from a wager, calculated by multiplying the units bet by the odds and then subtracting the original stake. It's a fundamental metric for evaluating betting performance.
The calculator uses the betting profit formula:
Where:
Explanation: The formula calculates the total return (units bet × odds) and subtracts the original stake to determine pure profit.
Details: Tracking unit profit helps bettors manage their bankroll effectively, compare performance across different bet sizes, and maintain consistent staking strategies.
Tips: Enter your bet size in units (where 1 unit typically equals 1% of bankroll) and the decimal odds. Both values must be positive numbers (odds ≥ 1).
Q1: What's the difference between profit and return?
A: Return includes your original stake, while profit is the net amount gained after getting your stake back.
Q2: How do I convert fractional odds to decimal?
A: Divide the numerator by the denominator and add 1 (e.g., 5/2 = 2.5 + 1 = 3.5 decimal odds).
Q3: What is a good unit profit?
A: Professional bettors typically aim for 5-10% ROI (return on investment) long-term.
Q4: Should I always bet the same unit size?
A: Consistent unit sizing helps track performance, but some strategies use variable units based on confidence.
Q5: How does this relate to bankroll management?
A: Tracking unit profit helps determine optimal bet sizes while protecting your bankroll from excessive risk.