Ladbrokes Odds & Betting Calculator
The Ladbrokes Bet Calculator is a simple and easy to use tool that allows you to convert different types of odds.
Decimal Odds, Fractional Odds and Moneyline odds are the three most common odds formats used right around the world and they are all covered in our calculator.
Not only does our Betting Calculator show you the implied probability for odds across all three of these formats, but allows you to work out exactly how much you stand to profit when you place a bet at a certain price.
How To Calculate Odds Using The Betting Calculator?
The Ladbrokes Betting Calculator could not be any easier to use. All you need to do is select either Decimal odds, Fractional odds or Moneyline odds by clicking on their tab at the top of the calculator.
Decimal Odds are commonly expressed in Australia and the UK. Photo by BeforeYouBet
Once you have made your selection, simply enter the odds as well as your stake and then press the calculate button. Next you press the calculate button, the implied probability as well as your profit and total payout will be showed instantly!
Odds Calculator – How does it work for the Decimal format?
Decimal Odds are now the most common odds format in the world and is used by the majority of bookmakers in Australia.
Decimal Odds show you the return that you will receive on your stake.
For example, 5.00 decimal odds mean that you stand to receive $5 back for every $1 you bet as long your selection is successful.
What are Fractional Odds?
Fractional Odds (also known as Traditional or British Odds) were once used all around the world and remain popular in the United Kingdom, but in Australia they have generally been replaced by Decimal Odds.
Fractional Odds show you the profit that you will receive on your stake.For example, 5/1 in Fractional Odds mean that you stand to win $5 for every $1 you bet as long as your selection is successful.
What are Moneyline Odds?
Moneyline Odds (also known as American Odds) are still used by bookmakers in the United States. The Moneyline shows either how much you stand to win on a $100 bet (if the Moneyline is positive) or how much you need to bet to win $100 (if the Moneyline is negative).
For example, +500 in Moneyline Odds mean that you stand to win $500 on a $100 bet, while -500 means that you need to bet $500 to win $100 on your bet.