Free Tool

Profit Calculator

Calculate your projected winnings before placing a bet. Supports single bets and parlays with instant profit, payout, and implied probability breakdowns.

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American format (e.g., -110, +150)

Betting Basics

Understanding Your Odds

What are American odds?

American odds use + and - signs. Positive odds (+150) show how much you win on a $100 bet. Negative odds (-110) show how much you need to bet to win $100.

How do parlays work?

A parlay combines multiple bets into one. All legs must win for the parlay to pay out. The odds multiply together, creating higher potential payouts but lower win probability.

What is implied probability?

Implied probability converts odds into a percentage chance of winning. For example, -110 odds imply a 52.4% win probability. This helps you evaluate whether a bet offers value.

How is profit calculated?

For positive odds: Profit = Stake x (Odds / 100). For negative odds: Profit = Stake x (100 / |Odds|). Your total payout is your original stake plus the profit.

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