Calculator for Sports Odds

• 8 5 Odds Payout
• Odds Payout Calculator

The answer depends on what the horse’s odds are. Here are a few examples. Example 1: If the horse’s odds were going off at 2/1 your payout would be roughly $60,000 ($40,000 profit + $20,000 base wager). Example 2: If the horse’s odds were going off at 10/1 your payout would be roughly $220,000 ($200,000 profit + $20,000 base wager). Example 3: If the horse’s odds were going off at 60/1. Odds with $2 Minimum Payoff for Horse Racing. You’re betting on horse races and want to know how much your winning bet will give you. To compute your $2 win price, take the odds of your horse and multiply the first number by 2, divide that by the second number, and then add $2 — simple as that! . 99-1 is the maximum that most track toteboards will show but it can generally be assumed that the odds are greater than 100-1. Payoffs represent your profit PLUS the return of the $2 you originally bet. A winner at 5-2 means that will pay $5 profit for every $2 wagered. The payoff is $7 which is the profit ($5) plus the cost of your wager ($2).

Use our odds calculator to easily convert American (a.k.a. moneyline), Decimal, and fractional odds. You can also view corresponding odds by their implied probability of winning (expected win %), as well as calculate payouts for sports bets based on the amount wagered ($100.00 is used by default).

How to Use the Odds Calculator

8 5 Odds Payout

Enter the odds in your preferred format and instantly view how they are converted into other popular types. You may also manually adjust the bet amount in USD to calculate what your payout would be based on the odds provided. Just hit the reset button if you’d like to start over.

Since not all sports betting sites use the same type by default, you can use this tool to quickly convert odds to a format that you understand. You can also see the probability of winning that the oddsmaker implies by setting the line at what it is. This is sometimes useful to help you understand what you are betting on.

This tool is for single wagers only. Head to this link if you are looking for a parlay (multiple bet) calculator.

Odds Payout Calculator

Enjoy exciting live horse racing from Florida’s beautiful Gulfstream Park along with commentary and handicapping discussion for better, more successful horse betting. View Laurel Park here.

Only on HorsePlayUSA… Enjoy exciting, LIVE, “watch and wager from anywhere” streaming broadcasts for fans of classic thoroughbred horse racing and top-notch harness racing at legendary tracks like Los Alamitos, Louisiana Downs, Tampa Bay Downs, Dover Downs and more… along with free handicapping picks and tips for better, more successful horse betting. HorsePlayUSA features this not-found-anywhere-else list of tracks that present live video and race replays by Roberts Communication Network (RCN) during their active race seasons. If your favorite track is NOT listed here, it is because (1) they use a pay-per-view service for live video, or (2) they simply do not offer live video in any form. Enjoy live Watch & Wager racing here.

Bet on horses running at any of the USA and Canadian tracks. Bet TVG here.

————————–

HorsePlayUSA.com is happy to provide Equibase data on all North American horse tracks that are offering live racing today. The listing consists of thoroughbred, standard and harness racing tracks. Post times are shown in USA Eastern time. The Post times are also approximate, subject to change or cancellation without notice. It is advisable to confirm post times with individual tracks. For direct links to many USA tracks, please see: Race Tracks. For direct links to many USA and Canadian tracks that offer free, live, video streams of their races so that you can “Watch & Wager”, please see: Watch & Wager.