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Single Bet Odds Calculator: Work Out Your Potential Winnings

⏲️ Reading time: 2 minutes

The single bet calculator facilitates the process of calculating possible bookmaker winnings, making it a useful tool for bettors. It removes the need for users to perform math, enabling bettors to calculate returns more quickly and accurately.

How does our single bet odds calculator work?

Our free single bet calculator is the most basic tool in the world of sports betting. To calculate potential winnings, follow these steps:

  • Enter the Stake
    step 1

    Input the amount you wish to bet.

  • Enter the Odds
    step 2

    Specify the odds for the event you are betting on.

  • View Overall Payout and Winnings
    step 3

    The total payout will appear on the left, while winnings will appear on the right.

By following these simple steps, you can easily calculate your potential winnings using our single bet odds calculator.

Single Bet Calculator

Currency settings: USD
Stake
The amount of money risked or invested on a bet. Stake can also be called a wager.
USD
Odds
Used to determine the total return for every $1 bet, including the amount of money risked.
Payout
$160
Winning amount
$60

What is a single bet?

The simplest form of sports betting is a single bet. It involves wagering on a single outcome. Depending on the odds provided by the bookmaker, if you are correct in your prediction, you win. For beginners, it's straightforward because it doesn't require combining multiple bets or outcomes.

Example of a single bet

Suppose you bet on a local football derby between Manchester City and Manchester United. Your bet is $50 on City to win with odds of 2.00.

  • Successful Bet: Manchester City wins 2-1. If you win your $50 bet at 2.00 odds, you will receive a total payout of $100 ($50 stake plus $50 winnings).
  • Unsuccessful Bet: Manchester City loses 0-1 to United. Your $50 stake was lost because you made the wrong prediction.

With clear results based on the match result, the nature of a single bet is straightforward. Before placing the bet, use a single bet return calculator to determine your total return if your single bet wins.

Are Single Bets Worth It?

Pluses
  • Simple and easy to understand
  • Lower risk than parlay bets
  • Ideal for beginners
  • Immediate results
Minuses
  • Lower potential returns
  • Limited to one outcome
FAQ. Frequently Asked Questions
Author
Jarin Ahmed
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
Article rating
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1 vote