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Payout calculator

$25.00 at +150 wins $37.50 in profit and returns $62.50 in all, stake included. The price implies a 40.0% chance of winning.

A bet's total return is the stake times the decimal odds; the profit is the return less the stake. Type the price and your stake to see the profit, the total return and the same price at other stakes.

2.50 in American odds

+150

American
+150
Decimal
2.50
Fractional
3/2
Implied
40.0%
Market
40.0¢

Decimal in Europe, Canada and Australia · fractional in the UK and Ireland · American in the US

What it pays at +150

Stake
$25.00
Profit
$37.50
Total return
$62.50

A bet of $66.67 wins $100.00 · Each dollar bet wins $1.50

Where +150 sits

  1. −30075.0%
  2. −20066.7%
  3. −15060.0%
  4. −11052.4%
  5. +10050.0%
  6. +15040.0%
  7. +20033.3%
  8. +30025.0%
  9. +50016.7%
If it really wins… (5)
Win rateExpected profit per $100
30.0%−$25.00
35.0%−$12.50
40.0%$0.00
45.0%+$12.50
50.0%+$25.00
How it's worked out (3)
WorkingResult
Decimal odds (F1.1)1 + 150 ÷ 1002.50
Implied chance (F1.4)1 ÷ 2.5040.0%
$25.00 returns$25.00 × 2.50$62.50

Questions about the payout calculator

How is a bet's payout calculated?

Turn the price into decimal odds and multiply by the stake. That is the total return, stake included; take the stake away for the profit.

What is the difference between profit and payout?

Books show the total payout, which includes the stake you put up. The profit is what you win on top of it. A losing bet returns nothing, so the stake is what you risk.

How much does a minus price win?

A minus price is what you bet to win $100, so a smaller stake wins in proportion: the profit is the stake times 100 divided by the price without its sign.

How much does a plus price win?

A plus price is what $100 wins, so the profit is the stake times the price divided by 100.

Does the payout include taxes or fees?

No. This is what the book pays on a winning ticket. Winnings can be taxable and some books cap what one ticket pays; the break-even calculator shows the win rate a price needs after tax.

Sources. Every number on this page is Kelly’s own calculation on the prices you type. Kelly stores nothing you enter here.

Same calculation: MCP calculate_odds · chat · GET /me/calc

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