Betting Calculator. Before making any bet, it helps to know what you're risking for the expected payout. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. See what your total payout and winnings will be. This Bet Calculator allows bettors to calculate the potential Payout for any single bet and has a simple ‘Add Odds’ function to calculate the Payout for a multiple bet. It might be one of the most basic calculations in betting but using the Bet Calculator above will help bettors enhance their understanding of what betting odds represent and what it Calculator Instructions Making a bet can be confusing. Let us help! Follow these simple steps to figure out how much to bet. Select a bet amount in the left column. Select a bet type in the right column. Select the horses to include in the wager. American Odds are the default odds at American sportsbooks. These odds are based on winning $100 for a given bet. Betting a Favorite: The odds for favorites will have a minus (-) sign, and represent the money you need to risk to win $100. So if you're betting on the Packers at -140 against the Vikings, that means Green Bay is a slight favorite. Every bettor must know the possible payout of a bet and whether it covers the stakes or not. The horse racing payout calculator is used in order to keep track of the bankroll and manage the bets correctly. You might like Lucky Duck, and bet on him to win. If he goes off at 2-1 odds and does indeed win, multiply the first number -- 2 -- by the amount of your bet. If you bet $2, this comes out to $4. But you also get your wager back, so add this into the payoff as well. You’d come away with $6 on a $2 bet. For those who choose to bet on the 2019 Derby, the payouts can be huge. 2019 Kentucky Derby Payouts Following an objection by two other jockeys, Maximum Security's win went into a lengthy review
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