Betting Calculators

Four free tools covering every calculation you need — odds conversion, parlay returns, bookmaker margin, and optimal stake sizing. No sign-up required.

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Odds Converter

7 formats

Convert any odds between decimal, fractional, American, Hong Kong, Malay, Indonesian, and implied probability. Enter once — see all seven outputs instantly.

  • Supports fractional input (5/2, 11/4)
  • Calculates payout on any stake
  • Shows implied win probability
Open Odds Converter →
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Parlay / Acca Calculator

Up to 10 legs

Add each leg of your accumulator, pick odds format, and see the combined odds, implied win probability, projected profit, and margin compounding warning for 3+ legs.

  • Dynamic add/remove legs
  • Margin compounding alert
  • Shows fair vs. quoted combined odds
Open Parlay Calculator →
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Margin Calculator

Overround

Paste in the odds for 2, 3, or 4 outcomes. Get the total overround, margin percentage, a quality rating (green/amber/red), and the no-vig fair price for each outcome.

  • 2/3/4-way market presets
  • Fair odds stripped of margin
  • Color-coded quality rating
Open Margin Calculator →
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Kelly Criterion Calculator

Bankroll sizing

Enter the decimal odds, your estimated win probability, and bankroll. Get full, half, and quarter Kelly stake recommendations with expected value per £100 and a negative EV warning.

  • Full / half / quarter Kelly outputs
  • Implied probability vs. your estimate
  • EV calculation included
Open Kelly Calculator →

Expected Value (EV) Calculator

Value betting

Enter your decimal odds and estimated win probability to find whether a bet is +EV or -EV. Shows EV per unit, edge percentage, and break-even probability.

  • +EV / -EV verdict colour-coded
  • Edge % and break-even calc
  • Optional stake for cash EV
Open EV Calculator →
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No-Vig / Fair Odds Calculator

True probability

Remove the bookmaker margin from a 2-way or 3-way market to find the true implied probability and fair odds for each outcome. Ideal for line comparison.

  • 2-way and 3-way market support
  • Fair odds per outcome
  • Better/worse than fair indicator
Open No-Vig Calculator →
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Dutching / Arbitrage Calculator

Arb / Dutch

Distribute a total stake optimally across 2–6 outcomes to guarantee equal profit on whichever wins. Detects true arbitrage opportunities automatically.

  • 2–6 dynamic outcome rows
  • Arb vs dutching auto-detection
  • Profit and return on stake
Open Dutching Calculator →

Which Calculator Should I Use?

Odds Converter — use it when:

  • You see odds in one format (e.g. American −110) and need to know the decimal or fractional equivalent.
  • You want to quickly calculate implied probability from a price.
  • You're comparing prices across bookmakers that display different formats.

Parlay / Acca Calculator — use it when:

  • You're building an accumulator and want to see the true combined odds before placing.
  • You want to understand how much of the quoted payout is eaten by compounded margin.
  • You want to model different leg combinations before committing to a stake.

Margin Calculator — use it when:

  • You want to compare how much different bookmakers are taking on the same market.
  • You want to find the "fair" no-vig probability for each outcome to use as your baseline.
  • You're doing a value betting check and need to strip out the bookmaker's built-in advantage first.

Kelly Criterion Calculator — use it when:

  • You've identified a bet where you believe your win probability is higher than the bookmaker's implied probability.
  • You want a mathematically derived stake size based on your edge and bankroll.
  • You want to check whether half or quarter Kelly is more appropriate given uncertainty in your estimate.
The recommended workflow

1. Margin Calculator — strip out the vig and get fair prices.
2. Odds Converter — translate to your preferred format if needed.
3. Kelly Calculator — size the bet once you've confirmed positive EV.

For background on the theory behind these tools, see our guides on bookmaker margin, value betting, and the Kelly Criterion.

Common Questions

Are these calculators free?
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Yes — all four calculators are completely free to use with no account or sign-up required. They run entirely in your browser.

What odds formats does the converter support?
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Decimal, fractional (e.g. 5/2), American (+150 or -200), Hong Kong, Malay, Indonesian, and implied probability percentage — all seven major formats.

How do I use the margin calculator to find value?
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Enter the odds from a specific market. The calculator shows the fair no-vig probability for each outcome. Compare those fair probabilities to your own estimates — if your estimated probability is higher than the fair probability, you have a potential value bet.

Does the Kelly calculator tell me whether to bet?
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If your estimated win probability is below the break-even implied by the odds, Kelly outputs a negative result — meaning don't bet. That automatic filter is one of the formula's most useful properties.