1. What are American Odds?

American odds (also known as moneyline odds) are primarily used in the United States. They can be either positive or negative numbers. Positive odds show how much profit you'd make on a $100 bet, while negative odds show how much you need to bet to win $100.

2. How Payout Calculation Works

The calculator uses these formulas:

Where:

• Stake — The amount of money wagered
• Odds — The American odds (positive or negative number)
• Payout — Total amount returned (stake + profit)

3. Understanding Positive vs Negative Odds

Positive Odds (+): Shows how much profit you would make on a $100 bet. For example, +250 means you'd win $250 on a $100 bet (total payout $350).

Negative Odds (-): Shows how much you need to bet to win $100. For example, -150 means you'd need to bet $150 to win $100 (total payout $250).

4. Using the Calculator

Steps: Enter your stake amount in dollars and the American odds (with + or - sign). The calculator will show your total payout (stake + profit) and your net profit.

5. Frequently Asked Questions (FAQ)

Q1: What's the difference between payout and profit?
A: Payout is the total amount returned (stake + winnings). Profit is just the winnings amount.

Q2: How do I calculate implied probability from American odds?
A: For positive odds: 100/(odds + 100). For negative odds: |odds|/(|odds| + 100).

Q3: Why would I bet on negative odds?
A: Negative odds indicate favorites - more likely outcomes that require larger bets to win smaller amounts.

Q4: What does +100 mean?
A: +100 means you'd win exactly your stake amount (a "even money" bet). A $100 bet would return $200 ($100 stake + $100 profit).

Q5: Can I use this for parlay bets?
A: No, this calculates single bets only. Parlays require multiplying odds together in sequence.