# How do you calculate football bets?

## How do you calculate football bets?

In general, the value of a bet equals its probability multiplied by its decimal odds minus one. If the value after this calculation is greater than zero, then you have a value bet. A simple example – the standard coin toss has a 50% chance of landing on a particular side.

**How do I calculate betting odds?**

If the American odds are positive the formula is as follows: (American odds / 100) + 1 = decimal odds. If the American odds are negative, the formula is as follows: 1 – (100 / – American odds) = decimal odds.

**How are payouts calculated in betting?**

To calculate “+” odds, divide the odds by 100 and multiply that product by the amount of the wager. To calculate the payout of a $50 bet on the Buffalo Bills, divide 115/100 and multiply by $50 (1.15*$50=$57.50). A winning $50 moneyline bet on the Bills returns $107.50 total to the bettor.

### How are probabilities calculated in football betting?

In sports betting, implied probability is what the odds suggest the likelihood of an outcome happening is. It is calculated by dividing one by the decimal odds. So, if the Chicago Bears are given odds of 2.50 to win a match, their implied probability of winning is 0.4, or 40%.

**How do you know if a bet is good?**

To put it another way, a wager has positive value when it’s MORE likely to win than the odds suggest. A wager has negative value when it’s LESS likely to win than the odds suggest. In order to make money, you’ll need to find positive value. The probability reflected by the odds is known as the implied probability.

**How do you calculate 110 odds?**

What Does -110 Mean in Sports Betting?

- The team with a negative number (like -110) is the favorite.
- The number next to the minus sign is the amount you must bet to win $100 in profit.
- If the number is -110, you must bet $110 to win $100.

## How do you calculate profit in sports betting?

To calculate the profits for (+) American odds wagers you may use the formula:

- Profit = (Stake * Odds) / 100.
- Profit = (Stake / Odds) * 100.
- Profit = (Stake * Odds) – Stake.
- Profit = (Stake / denominator) * numerator.