Sports Betting Calculators

Betting.us Staff By Betting.us Staff Updated: April 23, 2024
Betting.us Staff Betting.us Staff

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Calculate your potential winnings by utilizing one of our free sports betting calculators. Each of these calculators will cover most wagering scenarios, and we'll guide you through which one to choose.

Why Use Our Betting Calculators

While most sportsbooks allow users to choose how odds are displayed, there are limits to their functionality if a wager becomes more complex. Our free calculators provide accurate estimations of possible stakes to ensure you better understand risks and outcomes involved. Utilize our betting guides along with the calculators to learn how returns may be affected by different outcomes.

Free Betting Calculators

American flag, athletes, and calculators

When browsing online betting calculators, you should also consider what type you need. Some are designed to work only for single bets, while others are intended for parlays. Some calculate implied probability and hedge bets. That is why we have prepared several calculators to cover the different bet types for your convenience.

Betting Odds Calculators

A betting odds calculator suitable for single and parlay bets. You can see the odds in fractional, American, or decimal variants. It includes an implied probability display, along with potential profit. Inputting odds in one format will display them in the others. Note that for parlay bets, you need to input odds for each leg.

Betting odds calculator
Parlay Odds Calculator

Parlay odds can be challenging to calculate, even for experienced players, so such calculators are very popular. You can input the odds in American, decimal, or fractional format. By clicking the "Add Bet" button, you can add extra legs to check the total odds.

Parlay odds calculator
Hedge Bet Calculator

Hedging can help minimize losses, but it is important to compare to calculate it accurately. Aside from being able to compare odds, this calculator shows how much you need to bet on your alternate pick. Make sure you input the odds in American format, as that is the only one recognized by this calculator.

Hedge Bet calculator

The Importance to Gamble Responsibly

While using sports betting calculators can help minimize losses, you must always remember to practice responsible gambling. Always prepare a budget, and never bet more than you are comfortable losing. You should also take frequent breaks. Legitimate sites also provide responsible gambling tools, such as deposit limits and self-exclusion.

If you require professional help, you can also contact organizations such as Gamblers Anonymous and the NCPG. They provide resources and organize meetings to help players combat addiction. You can also contact customer support for additional help. Finally, you should always compare the odds of the available markets and check the minimum bet limits.