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HOW TO USE OUR AMERICAN ODDS CALCULATOR?

  1. Step 1. Choose Single Bet or Parlay (2+ bets)
  2. Step 2. Add Bet Amount
  3. Step 3. Add the odds you were given and check how much you will win on 'Payout' and 'To Win'.
Find better American Odds - compare & calculate Sportsbook odds to see how much more!

HOW TO USE THE SPORTS BETTING CALCULATOR

American Odds - USA's favorite betting choice (and most complicated...)

By Anthony Licciardi

American Odds Calculator: Optimizing Your Betting Returns

American Odds Calculator: Your Key to Informed Betting Decisions

The American Odds Calculator is a powerful tool that empowers bettors to make informed decisions by calculating potential payouts and assessing implied probabilities.

In this comprehensive guide, we'll explore the benefits of using the American Odds Calculator, provide real examples from NBA and NFL betting scenarios, and answer frequently asked questions to help you harness the full potential of this valuable resource.

The Advantages of Using the American Odds Calculator

The American Odds Calc offers several key advantages that can revolutionize your betting experience:

Easy Payout Calculation: The calculator swiftly calculates potential payouts for different bet types, including moneyline, point spread, and over/under bets.
It eliminates the need for manual calculations, ensuring accuracy and saving you valuable time.

Implied Probability Assessment: The calculator also provides the implied probability of a specific outcome based on the American odds.
Understanding the implied probability helps you evaluate the likelihood of success and make more informed betting decisions.

American Odds: NBA Moneyline Bet Examples

Let's dive into real-world examples to understand how the American Odds Calculator can be applied to NBA moneyline bets:

Example: Los Angeles Lakers vs. Brooklyn Nets

Moneyline Odds:

Los Angeles Lakers: -140
Brooklyn Nets: +120

By inputting these odds into the American Odds Calculator, you can determine the potential payout and implied probability for each team.

For instance, a $100 bet on the Lakers at odds of -140 would yield a potential profit of $71.43 and an implied probability of 58.33%.

Conversely, a $100 bet on the Nets at odds of +120 would result in a potential profit of $120 and an implied probability of 45.45%.

American Odds: NFL Point Spread Bet

Now, let's explore how the American Odds Calculator can assist in evaluating a point spread bet in an NFL game:

Example: New England Patriots vs. Kansas City Chiefs

Point Spread Odds:

New England Patriots +7.5: -110
Kansas City Chiefs -7.5: -110


Using the American Odds Calculator, inputting these odds allows you to calculate the potential payout and implied probability.

If you bet $100 on the Patriots with a spread of +7.5 at odds of -110, a winning bet would yield a potential profit of $90.91 and an implied probability of 52.38%.

Similarly, a $100 bet on the Chiefs with a spread of -7.5 at odds of -110 would result in a potential profit of $90.91 and an implied probability of 52.38%.


The Importance of Odds Comparison 

Comparing odds offered by different sportsbooks is crucial for maximizing your betting returns.

BetBasics offers a free and comprehensive odds comparison service, allowing you to compare odds from all major US sportsbooks conveniently.

By identifying the sportsbook offering the most favorable odds, you can make smarter betting decisions and increase your potential profits.

SPORTS ODDS CALCULATOR FAQS

The American Odds Calculator is a tool that assists bettors in calculating potential payouts and assessing the implied probability for various bet types based on American odds.

Example: If you want to determine the potential payout and implied probability for an NFL game with American odds of -200, you can input the odds into the calculator.

Using the American Odds Calculator is straightforward.

Simply enter the American odds for the desired bet type and the stake amount, and the calculator will provide the potential payout and implied probability.

Example: If you want to calculate the potential payout and implied probability for a $50 bet on an NBA game with odds of +150, input the odds and stake amount into the calculator.

The American Odds Calculator accommodates various bet types, including moneyline, point spread, and over/under bets.

By inputting the respective odds into the calculator, you can calculate the potential payouts and implied probabilities specific to each bet type.

Example: If you want to evaluate the potential payout and implied probability for an NFL point spread bet at odds of -110, input the odds into the calculator.

Yes, the American Odds Calculator can be used for player prop bets.

Whether you're betting on the total passing yards for an NFL quarterback or the total points scored by an NBA player, you can input the respective odds into the calculator.

Example: If you want to determine the potential payout and implied probability for an NBA player prop bet with American odds of +250, input the odds into the calculator.

By inputting the odds from different sportsbooks into the calculator, you can compare the potential payouts and implied probabilities to identify the sportsbook offering the best value.

Example: If you're considering placing an NBA moneyline bet and have odds from two different sportsbooks, input the odds into the calculator to compare the potential payouts and implied probabilities and may the best sportsbook win! :)

Yes, the American Odds Calculator can assist with parlay bets.

Start by choosing Parlay at the top part of the odds calculator, input the odds for each individual bet ('leg') within the parlay, and the calculator will provide the potential payout and implied probability for the entire parlay.

Example: If you have a parlay bet that includes multiple NFL teams' moneyline odds, input the odds for each team into the calculator to determine the potential payout and implied probability for the parlay.

By utilizing the calculator to calculate potential payouts and assess implied probabilities, you can make more informed betting decisions and identify bets that offer favorable value.

Example: If you use the calculator to evaluate potential payouts and implied probabilities for different NBA point spread bets, you can identify bets with higher potential profits and make more profitable betting decisions.

While the calculator provides accurate calculations based on the inputted odds, it's important to note that the actual outcome of the betting event may differ. The odds betting calculator serves as a tool to aid in decision-making but does not guarantee specific results.

Example: If you use the calculator to assess the potential payout and implied probability for a specific bet, the calculations are based on the odds entered but are not a guarantee of the actual outcome.

 

HOW TO USE THE SPORTS BETTING CALCULATOR

LINKS TO MORE ODDS CALCULATORS

SPORTS ODDS CALCULATOR FAQS

The American Odds Calculator is a tool that assists bettors in calculating potential payouts and assessing the implied probability for various bet types based on American odds.

Example: If you want to determine the potential payout and implied probability for an NFL game with American odds of -200, you can input the odds into the calculator.

Using the American Odds Calculator is straightforward.

Simply enter the American odds for the desired bet type and the stake amount, and the calculator will provide the potential payout and implied probability.

Example: If you want to calculate the potential payout and implied probability for a $50 bet on an NBA game with odds of +150, input the odds and stake amount into the calculator.

The American Odds Calculator accommodates various bet types, including moneyline, point spread, and over/under bets.

By inputting the respective odds into the calculator, you can calculate the potential payouts and implied probabilities specific to each bet type.

Example: If you want to evaluate the potential payout and implied probability for an NFL point spread bet at odds of -110, input the odds into the calculator.

Yes, the American Odds Calculator can be used for player prop bets.

Whether you're betting on the total passing yards for an NFL quarterback or the total points scored by an NBA player, you can input the respective odds into the calculator.

Example: If you want to determine the potential payout and implied probability for an NBA player prop bet with American odds of +250, input the odds into the calculator.

By inputting the odds from different sportsbooks into the calculator, you can compare the potential payouts and implied probabilities to identify the sportsbook offering the best value.

Example: If you're considering placing an NBA moneyline bet and have odds from two different sportsbooks, input the odds into the calculator to compare the potential payouts and implied probabilities and may the best sportsbook win! :)

Yes, the American Odds Calculator can assist with parlay bets.

Start by choosing Parlay at the top part of the odds calculator, input the odds for each individual bet ('leg') within the parlay, and the calculator will provide the potential payout and implied probability for the entire parlay.

Example: If you have a parlay bet that includes multiple NFL teams' moneyline odds, input the odds for each team into the calculator to determine the potential payout and implied probability for the parlay.

By utilizing the calculator to calculate potential payouts and assess implied probabilities, you can make more informed betting decisions and identify bets that offer favorable value.

Example: If you use the calculator to evaluate potential payouts and implied probabilities for different NBA point spread bets, you can identify bets with higher potential profits and make more profitable betting decisions.

While the calculator provides accurate calculations based on the inputted odds, it's important to note that the actual outcome of the betting event may differ. The odds betting calculator serves as a tool to aid in decision-making but does not guarantee specific results.

Example: If you use the calculator to assess the potential payout and implied probability for a specific bet, the calculations are based on the odds entered but are not a guarantee of the actual outcome.

 

LINKS TO MORE ODDS CALCULATORS

author_image

Anthony Licciardi

Sports Journalist

Anthony Licciardi is a long-suffering fan of the New York Mets, Jets, and Knicks. He aims to build a smarter generation of sports fans and writes to distract himself from the daily happenings of his favorite teams. In his spare time, he’s knee deep in Google Sheets looking for some statistical edge on coming betting action. With former bylines at Pro Football Network, Cowboys Wire, and Around The Block Network, Anthony has experience writing, editing, scouting, and podcasting. He hopes to bring his analysis to the betting sphere to help you win some money. You can find him on Twitter and on Bet Basics analyzing players and games across NFL, NBA and MLB leagues.

Interests
NFL NBA MLB New York Knicks New York Mets New York Jets