Free Sports Betting Tools
Abitrage Bet Calculator
Odds Converter
Profit & Odds Boost Calculator
Profit if favorite wins:
$50
Profit if underdog wins:
$50
Total Bet:
$200.00
Let's Break Down The Math
- Calculating Payout: This is the total amount you receive, including your original stake and the profit.
Payout = Original Stake × (Odds - 1)
- Calculating Profit: This is the payout of the bet minus the total of both bets. The formula used is:
Profit = Payout - Total Bet
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