Decimal Odds Calculator
Enter decimal odds and a stake to reveal implied probability, total payout, and profit for winning bets.
Must exceed 1.00
Implied probability: 41.67%
Total payout if win: 24.00
Profit if win: 14.00
How to Use This Calculator
- Enter decimal odds (greater than 1.00).
- Provide the stake amount in your currency.
- Review implied probability, payout, and profit assuming a win.
- Use results to compare value across bets or manage your bankroll.
Formula
Implied probability = 1 / decimal odds
Payout = stake × decimal odds
Profit = payout − stake
Full Description
Decimal odds indicate total return (stake plus profit) per unit staked. They are popular in Europe, Australia, and Canada. This calculator translates decimal odds into implied probability while accounting for the stake to show expected returns.
Frequently Asked Questions
Can odds be less than 1?
No. Decimal odds represent total return per unit; they must exceed 1.00.
Do odds include the stake?
Yes. Decimal odds multiply the stake to yield total return (stake + profit).
How do I compare bets?
Lower implied probability (higher odds) indicates higher potential payoff but lower chance of winning.
What if I need fractional or American odds?
Convert using specialized calculators or formulas to compare across formats.