Sports bets are given odds, which are based on the probability of something happening or not happening, this can be a team to win a match, or a whole host of other types of bet. To check the payout of a different bet, just hit the reset button at the bottom and follow the same steps above again.The calculator will instantly calculate your potential winnings and payout. Secondly you must add the odds of your pick into the box of your preferred odds format, with American, Fractional or Decimal options all available.First add your bet stake into the top box where it states ‘Bet Amount’.A quick two-step process to calculate your potential winnings and payout for any bet, using any form of odds.
#Moneyline payout calculator full#
My Bonus Rollover Guide has full details.Ĭlick the ‘ underlay‘ or ‘ overlay‘ headings to set the slider to a position where your bets will result in a reduced profit on either the bookmaker or exchange side and a higher profit on the opposing side.Using the Pickswise betting odds calculator couldn’t be more simple. Doing so can give a higher profit on particular outcomes, which you may want to do to keep things exciting, or if you wish to retain a higher portion of your bonus when completing rollover requirements. Use the slider to weigh your profit towards a win at the bookmaker or the exchange. Enter the part lays you have already placed, and the calculator will give the lay stake required to equalise the profit on all outcomes. This instance could arise if you made a mistake with your first lay bet. Use part lays when you have already placed part of your lay bet at the exchange, but more is needed to give an equal profit on every outcome. For Betfair colours ( blue for back, pink for lay), you can switch in the main website navigation – under the palette icon on non-mobile devices. The calculator uses Smarkets colours ( green for back, blue for lay) by default. Select this mode to factor in the cashback amount from losing bets. ‘Bet £10 and get £5 back if your bet loses’. Some promotions will give you money back if your bet loses. If the promotion terms say your stake will be returned, check ‘Stake returned’ to adjust the calculations accordingly. Some bookmaker promotions will return your initial stake (the ‘free’ one they give you), although most will not. Again, input your stakes, odds and commission to get your lay stake. My Bonus Rollover Guide gives full details. For bonuses, you must bet until you either meet the rollover requirement or lose at the bookmaker and win at the exchange. For example, a bonus with a three times rollover requirement means you must wager it three times before you are allowed to withdraw it as cash).
#Moneyline payout calculator for free#
It works for free bets and bonuses (A bonus is a free bet that needs to be ‘rolled over’ a set number of times before you can withdraw it. Use this mode when turning your free bet into a profit. Input the stake and odds from your selected market at the bookmaker ( back bet), along with your odds and commission at the exchange ( lay bet), and it will show you the amount you need to stake at the exchange ( lay stake) to make the minimal loss.
Use this mode when placing your initial bets to claim your free bet, risk-free bet or bonus. I recommend working through my Matched Betting Guide so you can fully understand the matched betting process and its use.ĭepending on your stage when profiting from a bookmaker promotion, the calculator has a few different modes. This calculator is for making a profit from a range of offer types, the most common being ‘Bet X, Get Y’.
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