Winnings Formula:
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Definition: This calculator estimates the potential winnings from a bet based on the stake amount and the odds offered.
Purpose: It helps bettors and sports enthusiasts determine their potential returns before placing a wager.
The calculator uses the formula:
Where:
Explanation: The stake is multiplied by (odds minus 1) to calculate the net winnings (excluding the original stake).
Details: Proper winnings estimation helps bettors make informed decisions, manage their bankroll, and understand potential returns.
Tips: Enter the stake amount in your currency and the decimal odds (must be ≥ 1). The calculator will show your potential winnings.
Q1: Does this include my original stake?
A: No, this calculates only the winnings. Total return would be stake + winnings.
Q2: What's the difference between decimal and fractional odds?
A: Decimal odds represent total return per unit staked, while fractional odds show profit relative to stake.
Q3: What if I want to calculate total return?
A: Simply multiply stake by odds (S × O) instead of (S × (O - 1)).
Q4: Can I use this for any currency?
A: Yes, just enter your stake in your preferred currency - the calculation works the same.
Q5: Why subtract 1 from the odds?
A: This removes your original stake from the calculation, showing only your profit.