Use this calculator to quickly determine your potential winnings and total return based on your stake and decimal odds. Understanding these figures is crucial for managing your bankroll and making informed betting decisions.
function calculateBetWinnings() {
var stakeAmount = parseFloat(document.getElementById('stakeAmount').value);
var decimalOdds = parseFloat(document.getElementById('decimalOdds').value);
var resultDiv = document.getElementById('betResult');
if (isNaN(stakeAmount) || stakeAmount <= 0) {
resultDiv.innerHTML = 'Please enter a valid Stake Amount (must be a positive number).';
return;
}
if (isNaN(decimalOdds) || decimalOdds < 1.01) { // Odds must be greater than 1.00 for a return
resultDiv.innerHTML = 'Please enter valid Decimal Odds (must be 1.01 or higher).';
return;
}
var potentialWinnings = stakeAmount * (decimalOdds – 1);
var totalReturn = stakeAmount * decimalOdds;
resultDiv.innerHTML =
'
This calculator helps you quickly determine the financial outcome of a bet based on two key inputs: your stake and the decimal odds offered. It provides two crucial figures: your potential winnings (profit) and your total return (your original stake plus your winnings).
What are Decimal Odds?
Decimal odds, also known as European odds, are a popular way to express the probability of an outcome and the potential return on a bet. They represent the total return for every $1 staked. For example:
Odds of 2.00: For every $1 you bet, you get $2 back (your $1 stake + $1 profit).
Odds of 3.50: For every $1 you bet, you get $3.50 back (your $1 stake + $2.50 profit).
Odds of 1.50: For every $1 you bet, you get $1.50 back (your $1 stake + $0.50 profit).
The higher the decimal odds, the less likely the outcome is perceived to be, but the greater your potential profit if it wins.