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Odds Calculator Odds and Probabilities: Odds Formats and Implied Probability. There are three main odds representations used by most bookmakers and betting websites. Let’s run through some examples of Decimal odds, Fractional Odds and American Odds: Fractional Odds This odds format is used primarily in the United Kingdom & Republic of Ireland.

Whether you are new to the world of betting or somewhat of an old hand when it comes to having a flutter every now and again, you will undoubtedly be aware of the sheer range of options at bookmakers like Betfair and Paddy Power when it comes to having a bet.

While putting money on a horse winning a race may sound like a relatively straightforward matter, there is a wide range of bets available. For example, are you planning to keep it simple with a single bet on one race? Or, alternatively, are you looking to take a chance on a larger gamble with an accumulator?

Thankfully, that is where online odds calculators come into their own. These handy tools can make a huge difference to your betting activity, providing you with a full overview of the options available and ultimately helping you to place the bet – or combination of bets – that works best for you.

1. Las Vegas odds change quickly and VSiN, The Sports Betting Network, keeps you up-to-date with the latest lines and changes. Use the links above to find the NFL odds as well as the latest odds and betting lines for every sport. The Las Vegas odds set the market for sports betting across the world.
2. Parlay Calculator A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected.

In this article, we are going to take a closer look at the concept of odds calculators, how they tend to work, and the key benefits that they can offer in terms of boosting your betting balance.

What is an odds calculator?

On the most basic level, odds calculators are designed to help you understand the implications of your bets and ultimately determine what returns you will receive if you are successful.

Such tools tend to operate in a standard format, with them first asking you to input the type of bet that you have made or are planning to make. This could be anything from a single to a Yankee to Super Heinz or an accumulator. Once you’ve provided this information, you will then be asked to enter the odds on your bet and also the stake that you’ve placed on it. The calculator may also ask you to either enter the odds in the decimal or fraction format, but we will touch upon the key issues related to that further on in this article.

You will then repeat that process however many times is necessary – for example, if you have placed multiple bets – and then may also be able to add information related to Dead Heats or any situation when Rule 4 may have come into play. The latter offers compensation in the event that a horse withdraws from a race after a bet is placed.

Clear benefits

After providing full information regarding your range of bets, the odds calculator will then take care of the hard work by doing the maths and generating an overview of the bets you have made or are planning to make, as well as the potential returns which will be available if you are successful.

Choose your each-way terms with the odds calculator – these vary based on the number of runners and the type of race

As you may have already realised, such tools offer clear benefits to horse racing fans whether they are planning for future races or even checking what their final winnings will be after placing several bets. The ability to input information on a combination of bets is a particular benefit, as it ensures you do not get a headache while attempting to consider the potential outcomes of the bets you have made.

Fractions vs decimals

For a great number of horse racing fans, the use of fractions is the traditional way of viewing the odds for the runners and riders, but the use of decimals is something which has grown significantly across recent years, too. The concept operates on the straightforward notion that you simply multiply a stake by the decimal shown and the outcome will be your total winnings. For example, if you place a £1 bet on a horse with odds of 4.00, you will get a return of £4.

Vegas Betting Odds Calculator

While the use of decimals may seem very simple in that respect, it is worth bearing in mind that the concept offers up one fundamental difference in comparison to the use of fractional odds. When it comes to decimal odds, your stake is always factored into the return that you calculate but this is not the case when following the fraction method. In terms of the latter, if you put £1 on odds of 4/1 you will receive £4 in profit but also get your £1 stake back too – so £5 in total. As such, the fraction allows you to work out your winnings, but you will also need to factor in that your stake will also be returned to you as well.

A better understanding

It goes without saying that a huge number of people across the globe love betting on horse racing with bookmakers like Betfair and Paddy Power, whether they are attending race meetings in person, following the action on TV, or online via streaming services. You can get free Timeform tips for every British and Irish horse race and free Infogol tips on Europe's biggest football leagues. However, it is also true that some can find it a complicated world to navigate around and they often want a bit of a helping hand to get started.

Whatever your level of experience, taking some time to gain a better understanding of how the different formats for odds work can be an important step towards making informed decisions on your betting. Furthermore, the use of odds calculators can help you fully understand how specific combinations of bets could put you on the path towards winning big and also ensure you are fully aware of the winnings that you are due.

Vegas Insider Odds Calculator

Boxing Matchups Las Vegas Odds according to Bovada Sportsbook

Updated on February 4, 2021

Josh Warrington vs Mauricio Lara
Josh Warrington -1800
Mauricio Lara +850

Leigh Wood vs Reece Mould
Leigh Wood -225
Reece Mould +175

Zelfa Barrett vs Kiko Martinez
Zelfa Barrett -1100
Kiko Martinez +650

Brian Carlos Castano vs Patrick Teixeira
Brian Carlos Castano -450
Patrick Teixeira +325

Joseph Diaz vs Shavkatdzhon Rakhimov
Joseph Diaz -235
Shavkatdzhon Rakhimov +185

Joe Smith Jr vs Maxim Vlasov
Joe Smith Jr -350
Maxim Vlasov +265

Sean McComb vs Gavin Gwynne
Sean McComb -800
Gavin Gwynne +500

Amy Timlin vs Carly Skelly
Amy Timlin -185
Carly Skelly +150

Anthony Fowler vs Jorge Fortea
Anthony Fowler -1400
Jorge Fortea +750

Florian Marku vs Rylan Charlton
Florian Marku -145
Rylan Charlton +115

Johnny Fisher vs Matt Gordon
Johnny Fisher -10000
Matt Gordon +1600

Josh Kelly vs David Avanesyan
Josh Kelly -130
David Avanesyan EVEN

Miguel Berchelt vs Oscar Valdez
Miguel Berchelt -350
Oscar Valdez +265

Joseph Parker vs Junior Fa
Joseph Parker -1200
Junior Fa +700

Carl Frampton vs Jamel Herring
Carl Frampton -150
Jamel Herring +120

Saul “Canelo” Alvarez vs Avni Yildirim
Saul “Canelo” Alvarez -5000
Avni Yildirim +1400

How Do Betting Odds Work

Chris Kongo vs Michael McKinson
Chris Kongo -210
Michael McKinson +170

Dillian Whyte vs Alexander Povetkin
Dillian Whyte -335
Alexander Povetkin +255

Fabio Wardley vs Eric Molina
Fabio Wardley -2250
Eric Molina +950

James Metcalf vs Ted Cheeseman
James Metcalf -185
Ted Cheeseman +150

Youssef Khoumari vs Kane Baker
Youssef Khoumari -250
Kane Baker +195

Michael Zerafa vs Anthony Mundine
Michael Zerafa -1600
Anthony Mundine +800

Juan Francisco Estrada vs Roman Gonzalez
Juan Francisco Estrada -155
Roman Gonzalez +125

Chantelle Cameron vs Melissa Hernandez
Chantelle Cameron -2500
Melissa Hernandez +1000

Las Vegas Odd Calculator

Chris Billam-Smith vs Deion Jumah
Chris Billam-Smith -250
Deion Jumah +195

Lawrence Okolie vs Krzysztof Glowacki
Lawrence Okolie -340
Krzysztof Glowacki +260

Ramla Ali vs Vanesa Caballero
Ramla Ali -10000
Vanesa Caballero +1600

Conor Benn vs Samuel Vargas
Conor Benn -1400
Samuel Vargas +750

Shannon Courtenay vs Rachel Ball
Shannon Courtenay -120
Rachel Ball -110

Jake Paul vs Ben Askren
Jake Paul -270
Ben Askren +210

Vegas Odds Calculator

Tyson Fury vs Anthony Joshua
Tyson Fury -185
Anthony Joshua +150

Bet on Boxing Matchups Las Vegas Odds at Bovada Sportsbook.

Las Vegas Odds Calculator