Betting Formula:
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The Winning Bet Calculator calculates your potential payout from a successful bet based on your stake and the odds offered. It helps bettors understand their potential returns before placing a wager.
The calculator uses the simple betting formula:
Where:
Explanation: The formula multiplies your stake by the decimal odds to determine your total return if the bet wins.
Details: Understanding potential payouts is essential for bankroll management, comparing betting options, and making informed wagering decisions.
Tips: Enter your stake amount in your preferred currency and the decimal odds offered by the bookmaker. Both values must be positive numbers (odds ≥ 1).
Q1: What are decimal odds?
A: Decimal odds represent the total payout per unit staked. For example, odds of 2.50 mean you get 2.5 times your stake back if you win.
Q2: Does this include my original stake?
A: Yes, the payout shown includes both your winnings and your original stake returned.
Q3: What's the difference between decimal and fractional odds?
A: Decimal odds show total return (stake × odds), while fractional odds show profit relative to stake (e.g., 3/1 means 3 profit plus 1 stake returned).
Q4: Can I use this for parlay bets?
A: This calculator is for single bets only. For parlays, you would multiply all the odds together before multiplying by your stake.
Q5: What about bookmaker commissions?
A: This shows gross payout before any commissions or taxes that might apply in your jurisdiction.