Online Betting Odds Calculator
Input your bet amount and odds in American, Decimal, or Fractional formats to accurately calculate your potential winnings. Completely free to use!
How to Use the Betting Calculator
With a wide variety of sports events and betting markets available across numerous sports betting websites in the India, it can at times feel tricky to understand the odds and choices available in front of you. Sports Bet IN betting calculator has been designed to make your life easier and remove the uncertainty involved in sports betting.
To use our betting calculator, simply input your stake, odds, and bet amount to the specified columns and click bet now. You’ll get an accurate figure of your expected winnings and expected payout. For assistance in this regard, feel free to get in touch with our customer support team!
Understanding Sports Betting Odds
Betting odds can be termed as tool used by bookmakers to reveal their opinion of upcoming game or in-game event. Odds also indicate how much money a punter can win by predicting the outcome of a sports event.
Also termed as European odds, these are arguably the easiest to read and understand. Additionally, unlike decimal or fractional odds, decimal odds indicate the total payout and provide you with a clear cut idea of how much you can win. For example, if the odd for a certain event is 2.25 and your bet amount is 100 INR, then total returns would be:
2.25*100 = 225 INR
Difference Between True Odds and Implied Odds
True odds indicate the actual probability of a sporting event to occur. For example, if a coin is flipped, the true odds of the coin to land either heads or tails is 50/50.
Implied odds indicate the odds perceived by a punter based on that which is offered by the bookmaker. For example, in a game of football, if Team A is down by 1 goal with 30 minutes remaining, but the flow of the game, you feel they will make a comeback and win, implied bots refer to the probability of this even happening.
Frequently Asked Questions
Being able to read and understand betting odds can help you make more informed decisions when it comes to betting on sports events.
Yes, odds can change depending on factors such as in-game news and the number of people betting on the event. Bookmakers make the changes to balance their book and make a profit regardless of the outcome.
Odds can vary based on factors such as the total bets placed on the outcome, total money wagered, individual player performances, injuries, news, and any other in-game event.
Odds-on refers that the odds for an outcome to occur is less than even. Odds-against means, the odds for an event to occur is more than even.