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Betting Payout Calculator

Payout Formula:

\[ Payout = Stake \times Odds \]

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1. What is the Betting Payout Formula?

The betting payout formula calculates your potential winnings from a bet based on your stake amount and the odds offered. It helps bettors understand their potential return before placing a wager.

2. How Does the Calculator Work?

The calculator uses the simple payout formula:

\[ Payout = Stake \times Odds \]

Where:

Explanation: The formula multiplies your stake by the decimal odds to calculate your total return (stake + profit).

3. Importance of Payout Calculation

Details: Calculating potential payout helps bettors manage their bankroll, compare betting opportunities, and make informed wagering decisions.

4. Using the Calculator

Tips: Enter your stake amount in dollars and the decimal odds. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What are decimal odds?
A: Decimal odds represent the total payout per unit staked, including the original stake. For example, 2.50 odds means you get $2.50 back for every $1 wagered.

Q2: How is this different from fractional odds?
A: Decimal odds include your stake in the calculation, while fractional odds show only the profit. 5/1 fractional odds equals 6.0 in decimal format.

Q3: Does this calculator account for commission?
A: No, this calculates gross payout. Some bookmakers may deduct commission from winnings.

Q4: What's the difference between payout and profit?
A: Payout includes your original stake plus winnings. Profit is just the winnings (Payout - Stake).

Q5: Can I use this for parlay bets?
A: No, this is for single bets only. Parlays require multiplying all odds together before applying to the stake.

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