Odds calculator

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What Is an Odds Calculator?

An odds calculator is a must-have tool for any sports bettor. It allows you to quickly convert betting odds between different formats – American, Decimal, and Fractional – and instantly calculate your potential return and net profit based on your stake.

Different countries use different types of odds:

  • πŸ‡ΊπŸ‡Έ American odds (e.g. +150 or -200) are standard in the United States.

  • πŸ‡ͺπŸ‡Ί Decimal odds (e.g. 2.50) are common across Europe and online sportsbooks.

  • πŸ‡¬πŸ‡§ Fractional odds (e.g. 5/2 or 4/5) are traditional in the UK and Ireland.

If you’re comparing bets across different platforms or tipsters – or just want to understand how much you stand to win – this tool saves you time and ensures accuracy.

Use Our Odds Calculator to Convert and Calculate Instantly

Our Odds Calculator Tool does the heavy lifting for you. Simply enter your odds in any format and your stake, and we’ll show:

  • πŸ” The converted odds in all 3 major formats

  • πŸ’° Your total payout

  • βœ… Your net profit

It’s fast, free, and built for both beginners and experienced bettors who want clean, instant answers.

Straight Odds vs Parlay Odds

Wondering whether this tool works for single picks and parlays? It does, you can easily calculate in seconds the odds for you bet. Here’s outlined the differences between a single pick and parlay bet:

βœ… Straight Odds

A straight bet is a single wager on one outcome. The odds calculator will instantly show your return based on your stake and the odds you enter. Perfect for moneylines, spreads, and over/unders.

πŸ”— Parlay Odds

A parlay bet combines two or more picks into one. To calculate total parlay odds, use our the Parlay Builder toggle inside the tool on this page to stack multiple selections. Then plug the final combined odds into this odds calculator to see your full payout potential.

With both tools working together, you can break down complex parlay bets or simple straight picks in seconds.