How To Calculate A Bet Payout

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How does the bonus bet calculator work?

Our bonus bet calculator allows you to enter your bonus bet amount, the odds of the bet you are getting on with the bonus bet as well as the odds and stake of a normal bet. We will then calculate your return for you based on if the bonus bet wins, or if the normal bet wins.

Net Winnings Payout Calculator. Download ThePuntersPage Payout Calculator to find out what your net winnings would be if you place a bet of up to 10 selections at any particular stake you enter.

  • To work out the return on any bet, simply enter the Odds and the Stake. For example, if you were betting £100 on a 9-4 chance, enter: Odds = 9 (to) 4, Stake = 100, then click 'Calculate' The.
  • A Free bet calculator is a tool used to automatically calculate the returns of a bet for a given stake. You may calculate the returns or payout of a bet.
  • Check The Payout For Up To 15 Team Parlay Odds With Our Free Parlay Calculator. Automatically Work Out Sports Betting Moneyline Odds.

Use the Bonus Bet Calculator here

  • Bonus Bet of is to be staked on .
  • Stake on .
  • The Total Profit achieved is

What is Bonus Bet?

A bonus bet, or bonus credit, may be given out by a Sportsbook to a bettor due to a promotion they are running, for winning a prize or for some other special offer. Bonus bets are essentially a free crack at a bet. If your bet wins, you would receive payout based on [(Odds x Bonus Bet Amount) - Bonus Bet Amount]. That is, only the profit from a Bonus Bet is returned to your betting account, the original stake is retained by the Sportsbook.

What is a bonus bet example?

If you place a $100 bonus bet on the LA Lakers who are $1.90 and they win, you will receive $90 in your account (rather than $190).

Using another example, if you placed the same bet on the LA Lakers with your $100 bonus bet at $1.90 (as per above), then place $100 (of your cash) on their opponent (let's say the Miami Heat) who might be $1.90 as well this is what happens:

How To Calculate A Bet Payout Percentage

If the LA Lakers win, your bonus bet wins but your cash bet loses, so you lose $10 overall (+$90 from the bonus bet winnings but -$100 in cash).

If the Miami Heat win, your bonus bet loses but your cash bet wins, then you make $90 cash but lose your $100 bonus bet.

This example demonstrates that you can convert your bonus bet into real cash, but there is some small risk and highlights that bonus bets aren't a straight cash conversion (given the sportsbook doesn't give you the value of the bonus bet as winnings).


It is difficult to believe but, there are plenty of people around who have little idea exactly what a bet is or what is meant whenever I mention being interested in betting or the fact that I run a Web site about online football betting.

Obviously in England most people have come across betting at some stage in their lives and high street bookmakers’ shops have been around in their multitudes for decades. However, most of my family lives in Germany and belongs to the innocent or ignorant section of society which has little notion.

How To Calculate Horse Bet Winnings

I recently spent hours trying to explain to my Father what a bet is. Also, the fact that one can bet on various outcomes in the same football match was a new and slightly confusing concept to many of my family members.

Therefore, today’s article sets out exactly what is meant by the terms “bet”, “betting”, “odds”, “stake”, “bookmaker” and “mathematical advantage”.

How To Calculate A Bet Payout Results

Image: Ronstik (Shutterstock)

Betting on the example of a coin toss

Imagine tossing a coin: there are two possible outcomes, either it will land showing the ‘head’ or the ‘tail’ facing up. The separate ‘likelihood’ (or ‘probability’) of both results is exactly 50/50. In other words, after 100 throws, in theory the result should show 50 ‘heads’ and 50 ‘tails’.

Now we will apply the concept of betting to these results: one person believes the next coin toss will be ‘heads’, whilst the other believes the outcome will be ‘tails’ and both parties agree to wager (bet) money on their guesses. In betting terminology, the money risked by both parties in this transaction is called the ‘stake’ and for this example the stake shall be one Euro. This means each party bets one Euro on their chosen result to win.

How To Calculate Horse Bet Payouts

The coin is tossed: if ‘heads’ lands face-up then the party who guessed/wagered on ‘heads’ wins and vice versa if it lands ‘tails’. The player who guessed correctly keeps his stake AND wins the stake of the other person; the opponent loses his stake (in this example one Euro).

How To Calculate Just Bet Winnings

If this game is played, say 100 times, and both parties stick religiously to their selections (i.e. each betting 100 times always on the same result), then after 100 coin tosses, according to theoretical probability, both should be neither the richer nor the poorer than at the beginning. As seen, for one player there should theoretically be 50 times ‘heads’ meaning 50 wins of one Euro, cancelled out exactly by the coin landing 50 times ‘tails’. Of course, this situation is also parity for the other player.

However, perhaps the game doesn’t pan out according to the theoretical rules? Maybe the perception is that ‘heads’ lands face-up more often than ‘tails’? The game now evolves and receives an ‘edge’ if one party is no longer willing to pay out one Euro should ‘heads’ win but reaches an agreement with the other to pay say, 90 Cents instead. This means that in future if ‘heads’ wins he will now only earn 90 Cents each time but, if ‘tails’ wins, then his opponent wins the bet and with it the whole of ‘heads’ one Euro stake.

This change now guarantees a loss on one side and a profit to the other, over the longer term: If one bets 100 times ‘heads’ and as expected, the coin lands 50 times ‘heads’ then 45 Euros will be won (50 x 90 Cents = 45 €); however when ‘tails’ lands 50 times then 50 Euros will be lost (50 x 1 € = 50 €). In this way, whoever puts their selves in the position of mathematical disadvantage in a gambling transaction will for sure lose money in the long run. In our example, after 100 bets, the player of ‘heads’ will have lost five Euros. The winner of this transaction received one Euro every time the coin landed ‘tails’ and only paid out 90 Cents when the coin landed in favour of their opponent, ‘heads’.


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