ODDS CALCULATOR – STAKE AND PAYOUT
This odds calculator can help you understand the potential returns you will get from your bet. It is helpful for planning your bets ahead of time. It’s particularly useful if the bookmaker you use does not offer odds you are most familiar with. At EsportsCompare.net we aim to help breakdown all betting jargon into an easy-to-understand language.
HOW DO I USE THE ODDS CALCULATOR?
Here are some quick steps on how to use the odds calculator on this page:
- Clarify which odds format you want to use. We offer Decimal, American and Fractional odds.
- Confirm your stake, this is the money you want to bet with
- Confirm the odds using the format that you previously selected
- View the Expected Payout to understand what you stand to win after your investment
WHAT IS STAKE?
Your stake is the money that you are planning to put down to put. It is what you are risking. That means that if you lose your bet then you will lose your stake. However, your stake will also be how your potential winnings are calculated. That is why betting odds are provided is this shows you what you can gain with the money you are willing to bet with. It is important to only bet with money you can afford to lose. Ideally, you will begin betting only when you have a strategy for how to manage your winnings and losses.
WHAT IS PAYOUT?
Payout is at the opposite end of the stake. You receive your payout once your bet is confirmed to win. So you can calculate your payout before you submit your bet to make sure you are happy with the value you are getting.
If you are looking for the biggest payout possible for the smallest investment. Be careful, because although the possibilities of winning are very exciting – this will definitely be because it is less likely to win. Of course, you can occasionally get some good value since the bookmakers are not right 100% of the time.
