CANADA BET GUIDE TOOLS / ODDS CALCULATOR
Understand the price.
Explore how odds relate to implied probability and an illustrative return. The calculation updates 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.
The arithmetic, in plain sight.
Implied probability is 100 divided by decimal odds. Potential profit is the stake multiplied by decimal odds minus one. Total return includes the original stake.
These are mathematical illustrations for a winning, fully settled bet at the entered price. They exclude taxes, fees, deductions, voids, each-way terms and other settlement adjustments. They do not guarantee any winnings.