CANADA BET GUIDE TOOLS / ODDS CALCULATOR
Betting odds calculator.
Choose a format, enter the odds (2.50, +150 or 3/2) and your stake. Read the implied probability, potential profit and total return below. Results update as you type.
YOUR EXAMPLE
No currency conversion. Results use the same unit as your stake.
WHAT THE PRICE MEANS
- Decimal odds
- 2.5000
- Potential profit
- 150.00
- Total return, including stake
- 250.00
A price-implied probability is not a prediction. It does not remove the bookmaker’s margin or account for the true chance of an outcome.
How to read the results
Implied probability is 100 divided by decimal odds. Potential profit is the stake multiplied by (decimal odds minus one). Total return adds the original stake to that profit. Results use the same currency as your stake; the tool does not convert currencies.
For an illustrative winning C$100 stake at 2.50, the implied probability is 40%, potential profit is C$150 and total return is C$250. The same price is +150 in American odds or 3/2 in fractional odds.
Convert American and fractional odds to decimal
For positive American odds, add 1 to the odds divided by 100: +150 becomes 2.50. For negative odds, add 1 to 100 divided by their absolute value: -200 becomes 1.50. For fractional odds, add 1 to the numerator divided by the denominator: 3/2 becomes 2.50.
At -200, an illustrative winning C$100 stake produces C$50 profit and C$150 total return. Its implied probability is about 66.67%. The percentage comes from the entered price; it is not a forecast and does not remove the bookmaker’s margin.
These calculations assume a winning, fully settled cash bet at the entered odds. They exclude taxes, fees, deductions, voids, each-way terms and other settlement adjustments. Free-bet stakes may follow different return rules. The figures do not guarantee winnings.
Read the complete guide to decimal, fractional and American odds.