The Lab / Bet Returns
Bet Returns
Calculate profit and total return on a single bet
Total Return
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Profit
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Implied Probability
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How Bet Returns Work
Your total return on a winning bet is calculated as: Stake × Decimal Odds. Your profit is the total return minus your original stake. At odds of 2.50 with a $20 stake, your total return is $50 and your profit is $30.
Understanding Your Edge
The calculator also shows the implied probability for the odds you enter. Compare this to your own assessment of the true probability — if you consistently bet when your estimated probability exceeds the implied probability, you have a positive expected value over the long run.
Frequently Asked Questions
How do I calculate bet profit?
Multiply your stake by the decimal odds, then subtract your stake. For example: $10 at odds of 3.00 = $30 total return, minus $10 stake = $20 profit.
What does implied probability mean for my bet?
Implied probability shows what chance the bookmaker is pricing into the odds. If the implied probability is 40% but you believe the true chance is 55%, you have a value bet.
Compare odds across Australian bookmakers before placing your bets.
Compare Odds →18+ only. Gamble responsibly. If you need help, call 1800 858 858.