Bet Calculator
Enter your stake and odds to calculate potential payout, profit and implied probability. Switch between single bets and round robins.
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How to use this calculator
Enter your stake (the amount you want to wager) and the odds offered by your sportsbook. The calculator instantly shows your potential payout and profit.
Stake vs payout vs profit
- Stake — the money you risk.
- Payout — the total amount returned if you win (including your stake).
- Profit — payout minus stake. This is your net gain.
Which odds format should I use?
Most Alberta sportsbooks (FanDuel, BetMGM, DraftKings) default to American odds; European books typically default to Decimal. If you are unsure, use our odds converter to switch between formats.
18+ only. Gambling can be addictive — play responsibly. GameSense (AGLC) · Addiction Helpline (Alberta Health Services) 1-866-332-2322 (24/7, free, confidential).