1. What is the Betting Winnings Formula?

The betting winnings formula calculates potential payout from a bet based on the stake amount and fractional odds. It provides a simple way to determine how much you stand to win from a successful bet.

2. How Does the Calculator Work?

The calculator uses the winnings formula:

Where:

• \( Stake \) — Amount of money wagered
• \( Fractional\ Odds \) — Odds in decimal format (e.g., 2.5 for 3/2)
• \( Winnings \) — Total payout (stake + profit)

Explanation: The formula multiplies your stake by the odds to determine your total return (including your original stake).

3. Importance of Winnings Calculation

Details: Calculating potential winnings helps bettors make informed decisions, manage their bankroll effectively, and compare different betting opportunities.

4. Using the Calculator

Tips: Enter your stake amount and the fractional odds in decimal format. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What's the difference between fractional and decimal odds?
A: Decimal odds represent total return per unit staked (including stake), while fractional odds show profit relative to stake.

Q2: Does this calculator include the original stake?
A: Yes, the result shows total return (stake + winnings). For just profit, subtract your stake.

Q3: How do I convert fractional odds to decimal?
A: Divide numerator by denominator and add 1 (e.g., 3/2 = 1.5 + 1 = 2.5).

Q4: What about American/moneyline odds?
A: This calculator uses decimal format. For moneyline odds, different formulas apply.

Q5: Are there any betting strategies this helps with?
A: Yes, calculating potential returns is fundamental to value betting and bankroll management strategies.