Betting Calculators

Bet Calculators

SBR provides a full range of free sports betting calculators to help you find great value, manage your bankroll and generate an overall profit. Handicappers can choose from a huge range of tools, including an arbitrage calculator, a odds calculator, a free play value calculator, a half-point calculator and much more. All of these betting calculators are designed to help handicappers make a success of sports betting by gaining an edge on the sportsbooks. It also helps when you take advantage of the best sportsbook promos or the fastest payout sportsbooks, too. These are the tools you can take advantage of:

Odds Calculators

The betting odds calculator at the top of this page allows you to quickly work out the payout you stand to earn on any wager. You can switch the bet calculator between American, fractional and decimal odds, depending on your preference. Then enter the amount you wish to stake and the odds, and click “Calculate”.

Our odds payout calculator will instantly tell you the payout you stand to receive if your bet is successful. Your stake is always returned on winning bets, so the payout includes your profit and the return of your stake. If you want to know how to calculate odds, it’s explained in more detail at our odds calculator page, but you can simply allow our odds ratio calculator to do the hard work for you.

A common use case for the odds converter is converting horse racing odds from horse racing betting sites' fractional odds to the more widely-used American odds. Many bettors will use this at the beginning of May for Kentucky Derby odds at Kentucky Derby betting sites.

Arbitrage Calculator

This tool calculates the total value attained (positive or negative) from a completed multiway scalp, and calculates the bet size on each outcome to fully smooth results.

Free Play Value Calculator

Determines the risk-free real dollar profit that may be obtained from betting and hedging a free play of a given size.

Half-Point Calculator

Calculates the value of buying or selling half-points for MLB, NCAAF, NFL, NCAA Basketball and NBA odds and totals.

Kelly Calculator

Calculates Kelly stakes for bets on up to either 15 simultaneous events or 15 mutually exclusive outcomes of a single event.

Odds Calculator

Converts betting odds between US, decimal, fractional odds, percentage, Hong Kong, Indonesian and Malay formats.

Parlay Calculator

This calculator determines parlay bet payouts as well as associated premiums, given a set of underlying bet odds.

Poisson Calculator

Calculates win probabilities and odds for one or two variable Poisson-style proposition bets, given an underlying win percentage.

Reverse Bets Calculator

This calculator determines the maximum win and loss amount for a given reverse bet, as well as the situational results based upon whether or not each underlying game wins, loses, or pushes.

Round Robin Calculator

This calculator determines the maximum win and loss amount for a given round-robin, as well as the situational results based upon whether or not each underlying game wins, loses or pushes.

Spread/ML Calculator

This calculator approximately converts between spreads and moneylines for both pro and college football and basketball.

Streak Calculator

This calculator determines the probability of losing a streak of wagers over the course of a wager series of specified length

Sports Betting Functions for Excel

A library of Excel functions relevant to advantage sports betting. For advanced users.

Benefits of Using These Betting Tools

These free sports betting calculators are designed to help handicappers maximize their chances of earning a profit. You can enjoy several key benefits by using these calculators on a regular basis:

• Quickly determine whether you can lock in a profit by betting on every possible outcome of a sporting event.
• Calculate how to properly use any free play bet bonuses that
• Figure out if it is worth buying or selling half-points on spreads and totals by revealing the options that offer the highest payout.
• Put the popular Kelly Criterion to the test with real examples of
• Rapidly convert a set of odds from American odds to fractional odds, decimal odds, implied probability, Hong Kong odds, Indonesian odds of Malay odds using the betting odds calculator.
• Calculate the total winnings you stand to receive when compiling a parlay bet, using American odds or decimal odds, while learning the true parlay odds, win amount and premium paid over both the mathematical odds and the true parlay odds.
• Improve your football picks,
• Determine the maximum payout or loss for any reverse bet using American odds or decimal odds.
• Quickly calculate the maximum payout or loss on any type of round robin bet you might be considering.
• Convert between spreads and moneylines for both pro and college football and basketball using
• Improve your bankroll management by figuring out the chances of going on a losing streak without a payout over the course of a year of bets.
• Import advanced sports betting functions into Excel to help improve your chances of securing a payout on the best mobile apps and desktop sites.

Who Should Use These Betting Tools

These betting tools are designed to help experienced bettors and novice handicappers alike. You might be new to the wonderful world of sports betting and keen to apply a more rigorous, mathematical approach to boosting your bankroll while you bet. You may be a veteran bettor that wants to quickly learn when and where to use advanced betting strategies like arbing and half-point buying or selling. Either way, these tools will help you make educated, informed decisions before placing a bet. Ultimately, these tools help you take a mathematical and scientific approach to choosing your best bets each day, without having to actually be a mathematical genius.

Many handicappers enjoy using our betting odds calculator tools. The converter calculator for odds allows you to quickly convert betting odds from American odds to fractional odds and decimal odds, which is really helpful for handicappers accessing lots of different sites and picks articles. The parlay bet tool allows you to quickly determine your potential profit if successful.You can enter your bet amount, and the betting odds calculator will inform you of the payout your bet would yield if successful. There are plenty of odds on calculator tools and odds calculator sites online, but these sports betting calculators have a tendency to be pretty basic. Our calculator odds tool provides advanced information to help you learn the true premium you will pay in order to help you arrive at an ideal bet amount, using American odds or other odds.

Other Resources for Handicappers

We are dedicated to arming sports bettors with all the tools they need as they bid to beat the books. We offer a betting odds comparison tool and thousands of the best online sportsbook reviews, allowing you to find safe, secure sportsbooks where you can bet and try out strategies like arbitrage, the Kelly Criterion and buying half-points.

We also provide extensive reporting on betting industry news, including legalization of US state and Canada sports betting provincial markets - such as Ontario sports betting, Alberta sports betting or BC sports betting markets.

Of course, we have sportsbook promo offers for the rest of the states, including DraftKings promo codes, FanDuel promo codes, Caesars promo codes, BetMGM bonus code, and bet365 bonus codes. 

Sharpen your sports betting skills with the help of our betting calculator, then explore the world of real money online casinos. Discover a variety of games, including the unique options at sweepstakes casinos.