What does odds of 12/1 mean? If you were to bet $10 on 12/1 odds you would receive $120.00 in profit if this outcome won. The implied win probability of 12/1 odds is 7.69%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
How do you calculate payout from odds?
– To calculate your potential payout on an underdog, all you need to do is multiply your stakes (the amount of money you wagered) by the value resulting from the moneyline odds divided by 100. Put simply: Potential profit = Wager x (Odds/100).
What does 20 to 1 odds pay?
What 20to1 means: When you see 20to1 odds, you're looking at a long shot that is unlikely to win. In fact, the implied win probability for a team that's 20to1 is 4.76%. However, should that long shot come in, it would pay out $20 for every $1 wagered.
What is the payout for 10 to 1 odds?
Odds Conversion Table
Fractional  Decimal  American 

10/1  11.00  1000 
20/1  21.00  2000 
50/1  51.00  5000 
100/1  101.00  10000 
What does 30 to 1 odds pay?
When you see the odds presented as 30:1 or 3:1 that's actually just showing the payout for a winning bet, not the likelihood of that team winning. 30:1 doesn't mean that the team is 30x more likely to win, it means that if you bet on that team and they win you will receive $30 for every dollar you bet.
What are 12 for 5 odds?
Common Betting Odds Conversion Table
Fractional  American  Implied Prob 

12/5  240  29.41% 
11/4  275  26.67% 
14/5  280  26.32% 
7/2  350  22.22% 
How do you calculate profit from odds?
Put simply: Potential profit = Wager / (Odds/100).
Frequently Asked Questions
How can I calculate odds?
To convert from a probability to odds, divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds are 0.1/0.9 or '1 to 9' or 0.111.
What is the payout on 15 1 odds?
The odds and what they mean
Odds  Payoff range 

81  $18.00$19.90 
91  $20.00$21.90 
101  $22.00$23.90 
151  $32.00$33.90 
How much does $100 win on odds?
Decimal odds explained
For example, a $100 bet made at decimal odds of 3.00 would return $300 ($100 x 3.00): $200 in profit and the original $100 amount risked. A $100 bet made at decimal odds of 1.50 would return $150: $50 in profit and the original $100 amount risked.
What do 5 to 2 odds mean me?
In betting terms, "5 to 2 odds" means that for every 5 units you bet, you could potentially win 2 units in addition to getting your original 5 units back if you win. Whether these are good odds or not depends on the context and your perspective.
How do you calculate payout on a bet?
In order to calculate your potential payout you simply multiply your stakes (the amount of money you wagered) by the odds. For example, if you bet $100 on the Pistons beating the Knicks at 2.25 odds, your total potential payout would be $225 ($100 x 2.25).
FAQ
 What do you win if you bet $100 on odds?
 Decimal odds explained For example, a $100 bet made at decimal odds of 3.00 would return $300 ($100 x 3.00): $200 in profit and the original $100 amount risked. A $100 bet made at decimal odds of 1.50 would return $150: $50 in profit and the original $100 amount risked.
 What is the payout for 500 to 1 odds?
 500 to 1 means you will receive Five Hundred times your bet. The total will include your bet. Bet $100, win and get paid $50,000, of which $49,900 will be profit (winnings). If the bet were 500 for 1, you would win (profit) $50,000 and get to keep the original $100.
 What does 800 to 1 odds mean?
 800/1 DEFINITION If you were to bet $10 on 800/1 odds you would receive $8000.00 in profit if this outcome won. The implied win probability of 800/1 odds is 0.12%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
 How much do you get paid for 4 1 odds?
 If you are confused by the odds and are never sure what your horse is going to pay if it wins, it is easy to calculate the approximate payoffs by doubling the odds and then adding in the cost of a $2 wager. For example: If the odds are 41, a $2 win bet would pay $10 (4 x $2 = $8 + $2 = $10).
 What is +500 odds?
 For example, if the odds for a particular team to win a championship are +500, this means that a bettor would receive a payout of $500 for every $100 they wagered if that team goes on to win the championship.
How much do i win on $20 bet with 12/1 odds
How much do you win on a $100 bet with odds?  Decimal odds explained For example, a $100 bet made at decimal odds of 3.00 would return $300 ($100 x 3.00): $200 in profit and the original $100 amount risked. A $100 bet made at decimal odds of 1.50 would return $150: $50 in profit and the original $100 amount risked.  
What does 14 1 odds mean?  What does odds of 14/1 mean? If you were to bet $10 on 14/1 odds you would receive $140.00 in profit if this outcome won. The implied win probability of 14/1 odds is 6.67%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.  
What is the payout for 100 to 1 odds?  Odds Conversion Table


What does 15 to 1 odds mean?  What does odds of 15/1 mean? If you were to bet $10 on 15/1 odds you would receive $150.00 in profit if this outcome won. The implied win probability of 15/1 odds is 6.25%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.  
What does +110 odds mean?  If the odds offered on a particular selection are 110, that means in order to 'win' (profit) $100, you would need to wager $110. If the odds are +110, it means that if you wagered $100, you would 'win' (profit) $110. 
 How much do I win with +150 odds?
 A plus sign indicates how much money you would win on a wager of $100. For example, +150 odds would earn you an additional $150 on a winning $100 wager. A minus sign indicates how much money you must risk to win $100. For example, 200 odds mean you must wager $200 to win an additional $100.
 How much do you win at 110 odds?
 $100 As for the odds, the most common number for spread bets is 110, but that number varies depending on the location, sportsbook and how popular each side is. The typical number is 110, which means you have to bet $110 to win $100.
 What does 120 odds mean?
 Whereas negative () odds tell you what you have to bet on the favorite to win $100, positive (+) odds tell you how much you'll win for every $100 you wager on the underdog. So, a team with odds of +120 would payout $120 for every $100 wager.
 What are the odds of 12 to 1?
 The implied win probability of 12/1 odds is 7.69%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter. Fractional Odds of 12/1 when converted to American odds are +1200 and when converted to decimal odds are $13.00.
 How much do I win if I bet $100 on odds?
 Decimal odds explained For example, a $100 bet made at decimal odds of 3.00 would return $300 ($100 x 3.00): $200 in profit and the original $100 amount risked. A $100 bet made at decimal odds of 1.50 would return $150: $50 in profit and the original $100 amount risked.