How To Calculate Decimal Odds Payoutsĭecimal odds are easy to calculate. But simply just add your fractional odds into the calculator above, along with your stake and the Pickswise odds calculator will take care of the rest. If you’re looking to wager $50 and see 7/2, you would just multiply $50 by 3.5, which means you would win $175 if the bet cashes. 7/2 = 3.5, so you just multiply whatever you want to bet by 3.5. You just take the fraction, do the division, and then multiply it by the wager amount. From there, you can just do the math to extrapolate for any wager amount.

If a horse has fractional odds ofħ/2, that means you would need to bet $2 to win $7.

Like we just broke down, it’s the amount you’d win as the numerator, with the amount you’re betting as the denominator. How To Calculate Fractional Odds Payoutsįractional betting odds are easy to calculate. But simply just add your american odds into the calculator above, along with your stake and the Pickswise odds calculator will take care of the rest. Just like how you’d have to wager $220 to win $100 on a -220 favorite, you’d wager $22 to win $10. To find out what it means for smaller numbers, you simply do the division proportionally. If a team is +175, that means you’d win $175 if you bet $100 and your bet cashes. If a team is -220 on the money line, that means you’d need to wager $220 to win $100. When American odds start with a ‘+’, they’re telling you how much you’ll win if you *wager* $100. When American odds start with a ‘-‘, they’re telling you how much you have to wager to *win* $100. The way American odds are formatted are to be based around the number 100. These odds are then multiplied by the bettor’s stake, which is how much they wish to wager, to calculate your total payout, along with the profit of the bet, which is simply the payout minus the total stake. Sports bets are given odds, which are based on the probability of something happening or not happening, this can be a team to win a match, or a whole host of other types of bet. To check the payout of a different bet, just hit the reset button at the bottom and follow the same steps above again.The calculator will instantly calculate your potential winnings and payout. Secondly you must add the odds of your pick into the box of your preferred odds format, with American, Fractional or Decimal options all available.First add your bet stake into the top box where it states ‘Bet Amount’.A quick two-step process to calculate your potential winnings and payout for any bet, using any form of odds. Using the Pickswise betting odds calculator couldn’t be more simple.

Calculating sports betting odds