Bet Payout Calculator
Total payout is your profit plus your original stake returned. The implied probability is the win rate this price assumes — anything you can win more often than that is a bet worth making.
How payouts work
Every price tells you two things: how much you win and how likely the book thinks you are to win. Convert the odds to decimal, multiply by your stake, and you have the total return — your profit plus the stake you get back. Negative odds (a favorite) pay less than you risk; positive odds (an underdog) pay more.
The number most bettors skip is the implied probability — the win rate baked into the price. It is the bar any bet has to clear to be worth making. If you only win as often as the price assumes, you break even before the vig even gets involved.
That is the whole game: paying a fair price for the real probability. Our model calculates a true line for every game so you can see when the payout on offer is better than the outcome deserves.
Frequently asked questions
How is a bet payout calculated?
Convert the odds to decimal and multiply by your stake to get the total payout (your profit plus the returned stake). On +150 odds a $100 bet returns $250 — $150 profit and your $100 back. On -150 a $100 bet returns about $166.67.
What is the difference between profit and payout?
Profit (or "to win") is what you gain on top of your stake. Payout (or "total return") includes your original stake. A winning $100 bet at +200 has a $200 profit and a $300 payout.
What does the implied probability tell me?
It is the win rate the price assumes. If you can win more often than the implied probability, the bet has positive expected value. It is the same number you would compare a model probability against.