How to Calculate the Winnings on a Bet?


You could probably use an online bet calculator to calculate your winnings.
Q&A Related to "How to Calculate the Winnings on a Bet"
1. Choose the sporting results that you would like to put a bet on and write down their odds on a piece of paper. For example, you may wish to put $2 on three sporting results. The
1 Know your math. The line-makers do, and they make profits every season. You aren’t going to come out ahead laying -110 for 100 on a coin flip, and most sporting events are
Don't lose it! Never bet on an unknown.
What you are probably interested in is calculating the house edge, or expected value, from playing the game. Probability of winning can also be calculated but isn't that helpful.
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