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Sports Betting Calculators
Straight Bet Calculator
My Straight Bet Calculator will tell you the balanced house edge on a bet with only two outcomes, for example, the winner of a game. For example, consider this game to be played on 11/15/22:
- Cleveland Browns: +300
- Buffalo Bills: -375
The calculator tells us the balanced house edge is 3.8%. It works for odds in the European format too.
Sports Futures Calculator
My Sports Futures Calculator is similar to the Straight Bet Calculator (above), except works for 2 to 40 different possible outcomes. For example, consider the following odds for the 2022 :
- UCLA: +178
- Arizona: +186
- Oregon: +550
- USC: +975
- Utah: +1200
- Stanford: +1650
- Colorado: +2000
- Arizona State: +2575
- Washington State: +3925
- Utah Runnin' Utes: +4166
- Washington State: +3925
- Cal: +17500
- Oregon State: +18125
The calculator tells us the balanced house edge is 20.25%. It works for odds in the European format too.