Use the free Boxing Betting Odds Calculator on ToolVexa to work out profit and total payout for a boxing bet from American odds and a stake.
How to Use
Enter the American odds and your stake, then press Calculate. Use a minus sign for a favourite, such as -150, and a plus sign for an underdog, such as +200.
Formula in Plain Words
For negative odds, profit equals stake times 100 divided by the size of the odds. For positive odds, profit equals stake times the odds divided by 100. Total payout is stake plus profit.
Worked Example
With odds of -150 and a $100 stake, profit is $100 x 100 / 150 = $66.67, so the total payout is $166.67.
FAQs
What do negative odds mean?
Negative odds show how much must be staked to win $100. At -150, a $150 stake wins $100 of profit.
What do positive odds mean?
Positive odds show how much profit a $100 stake wins. At +200, a $100 stake wins $200 of profit.
Does this guarantee a win?
No. Odds describe the payout for a winning bet only; they do not change the outcome of a fight.