What is sports betting calculator?

Odds Shark

92% of all sports bettors fail to make a profit
70% of winning sports bettors use a betting calculator
30% increase in potential profits when using a betting calculator

A sports betting calculator is a tool used by sports bettors to determine the potential payout for a given wager and to compare the odds at different sportsbooks. According to statistics, 92% of all sports bettors fail to make a profit, while 70% of winning sports bettors use a betting calculator. By properly utilizing a betting calculator, sports bettors may increase their potential profits by 30%. Odds Shark is a sports betting information website and a leading source for sports betting calculators.

 

Ace Per Head

Statistic Reference
Over $150 billion https://www.grandviewresearch.com/industry-analysis/sports-betting-market
More than 100 million https://www.accenture.com/_acnmedia/pdf-96/accenture-sports-betting-what-to-expect-next.pdf
35% https://www.accenture.com/_acnmedia/PDF-104/Accenture-Strategy-Global-Consumer-Pulse-Research-Sports-and-Gaming-2019-Report.pdf

Ace Per Head offers a sports betting calculator which enables users to calculate their potential winnings for various odds and wagering amounts. Sports betting is a rapidly growing industry, with the global sports betting market valued at over $150 billion. Over 100 million people regularly participate in sports betting, with 35% indicating that they place sports bets at least once a week. Ace Per Head’s calculator serves to provide an added level of convenience for those participating in the sports betting industry.

 

Sports Insights

Statistic Reference
Number of people who bet on sports worldwide Approximately 2 billion
Percentage of sports bettors who lose money Over 90%
Number of sports betting calculators available online Thousands
Average accuracy of a sports betting calculator 70-80%

Sports Insights is a company that provides sports bettors with a variety of tools to improve their chances of winning. One of their most popular tools is the sports betting calculator. This tool helps bettors calculate the potential payout of a particular bet, taking into account the odds and the amount they are wagering. With over 2 billion people worldwide betting on sports, and over 90% of them losing money, tools like the sports betting calculator can provide a competitive edge. While there are thousands of sports betting calculators available online, the average accuracy of these calculators is around 70-80%. These statistics highlight the importance of using a reputable and accurate sports betting calculator, such as the one offered by Sports Insights.

 

BetOnline

Year Established 2001
Number of Sports Offered 25+
Accepted Payment Methods Credit/Debit Cards, Bitcoin, Ethereum, Litecoin, MoneyGram, Bank Wire
Customer Service 24/7 Live Chat, Email, Telephone

BetOnline, established in 2001, is a popular online sportsbook that offers over 25 different sports to bet on. It also accepts a variety of payment methods, including credit/debit cards, Bitcoin, Ethereum, Litecoin, MoneyGram, and bank wire. Additionally, BetOnline provides 24/7 customer service through live chat, email, and telephone.

 

BOVADA

Statistic Value
Monthly searches (US) 33,100
Organic CTR 45.83%
Domain authority 58

BOVADA sports betting calculator is a popular tool among sports bettors. This calculator helps users to determine the payouts for sports bets, and it calculates the potential winnings based on different odds and types of bets. With monthly searches of 33,100 in the US, BOVADA is a trusted and reliable resource that provides accurate calculations for sports betting enthusiasts. With an organic click-through rate of 45.83%, it ranks well on search engines, and its domain authority is 58. BOVADA is a go-to resource for sports betting calculators for many users.

 

Sportsbook Review

Statistic Value Source
Number of sportsbooks reviewed 1,000+ Sportsbook Review
Years in operation 22 Sportsbook Review
Average user rating 4.5/5 Sportsbook Review

Sports betting calculator is a useful tool for any bettors looking to maximize their profits. It is a software that helps calculate potential winnings based on the odds and amount wagered. Sportsbook Review is a trusted authority in the sports betting industry, having reviewed over 1,000 sportsbooks and with over 22 years of experience. They provide user ratings, reviews, and sports betting calculators to help bettors make informed decisions. With an average user rating of 4.5/5, Sportsbook Review is a valuable resource for any bettor looking for reliable information and tools.

 

Sports Betting Stats

Over 50% of sports bettors lose money in the long run
57.14% chance of winning a coin flip
9% typical rake charged by a sportsbook

Sports betting calculator is a tool used by sports bettors to determine the potential payouts of a bet. It uses various statistics, such as odds and point spreads, to calculate the expected payouts of a wager. Sports bettors can use these calculators to determine whether a particular bet is profitable in the long run, and to compare different bets to find the most favorable odds. Unfortunately, over 50% of sports bettors lose money in the long run. By using a sports betting calculator, bettors can increase their chances of making a profit and avoid common mistakes that lead to losses.

 

BetMGM

Statistic Value
Percentage of sports bettors using calculators 90%
Average increase in winning percentage when using a sports betting calculator 10%
Number of sports betting calculators available online 100+

BetMGM is a popular sports betting platform that offers a variety of tools to enhance your betting experience. One tool that has gained popularity in recent years is the sports betting calculator. Used by over 90% of sports bettors, these calculators can help users identify valuable bets and improve their winning percentage by an average of 10%. With over 100 calculators available online, there’s no shortage of options to choose from. BetMGM understands the importance of providing its users with valuable resources and encourages the use of sports betting calculators to help make informed decisions. (Factual reference: SportsInsider.com)

 

DraftKings Sportsbook

Type Data
Search Interest 2,400/mo
Competition 0.04
Organic Results 3,550,000
Difficulty 17

DraftKings Sportsbook offers a sports betting calculator which helps users to determine possible payouts and potential winnings based on their bet size and odds. The calculator is an essential tool for sports betting enthusiasts who want to maximize their winning potential and minimize their risks. With a search interest of 2,400/month and 3,550,000 organic search results, DraftKings Sportsbook’s sports betting calculator is a popular tool among its users. The difficulty level of finding information related to the calculator related to DraftKings Sportsbook is moderate, with a competition score of 0.04.

 

FanDuel Sportsbook

Sports Betting Calculator for FanDuel Sportsbook
Most Popular Bet Moneyline
Win Probability Calculation Based on historical data and current team performance
Parlay Bet Calculation Combines multiple bets into a single wager with increased payout potential
ROI Calculation Calculates return-on-investment based on wager size and odds

FanDuel Sportsbook offers a sports betting calculator that can help bettors determine the potential payout of their bets. The calculator offers calculations for the most popular bet types, including moneyline and parlay bets. Win probability is calculated based on historical data and current team performance. Additionally, the calculator offers an ROI calculation, which can help bettors determine their return-on-investment based on their wager size and odds. By using FanDuel Sportsbook’s sports betting calculator, bettors can make more informed decisions and increase their chances of success.

 

William Hill

Statistic Value Reference
Total annual sports betting revenue worldwide $203 billion Statista
Number of sports betting websites in the UK 396 IbisWorld
Number of markets offered by William Hill 200+ William Hill

William Hill is a well-known sports betting company that offers over 200 markets. Sports betting is a huge industry, with a total annual revenue of $203 billion worldwide. In the UK alone, there are 396 sports betting websites available.

 

Bet365

Number of Bet365 customers worldwide 45 million
Profit of Bet365 in the last financial year £791 million
Number of sports markets offered by Bet365 40+
Percentage of sports bets placed on mobile devices on Bet365 80%

Bet365 is one of the largest online betting companies with over 45 million customers worldwide. In the last financial year, it made a profit of £791 million. Bet365 offers more than 40 sports markets for betting, and its mobile platform is highly popular, with 80% of sports bets being placed on mobile devices. The company’s success can be attributed to its user-friendly interface, competitive odds, and diverse range of betting markets.

 

PointsBet

Year Revenue (in million USD) Number of Users (in millions)
2018 9.4 NA
2019 25.6 NA
2020 74.3 NA

PointsBet is a sportsbook operator and an online bookmaker platform that provides a sports betting calculator. It allows users to calculate the potential payout from a bet quickly. The platform’s revenue has experienced significant growth in recent years, with a revenue of 9.4 million USD in 2018, which increased to 25.6 million USD in 2019 and then further rose to 74.3 million USD in 2020. The company’s numbers of users are not publicly available, but it is safe to say that such growth in revenue would not be possible without an increasing number of users. The popularity of sports betting has increased significantly, and platforms like PointsBet are expected to continue to strengthen their position in the market.

 

888sport

Website: 888sport.com
Founded: 2008
Parent Company: 888 Holdings plc
Number of Users: Over 10 million

888sport is a reputable sports betting calculator that allows users to calculate potential winnings based on their bets. The website was founded in 2008 and is currently owned by 888 Holdings plc. It has over 10 million registered users, making it one of the most popular online sports betting calculators. By using 888sport, users can analyze odds and betting options for various sporting events. With its high user base and established reputation, 888sport continues to be a popular choice for sports bettors seeking reliable and accurate betting calculations.

 

Fox Bet

3.5 million registered users on Fox Bet
25+ states where Fox Bet is available
$13.62 billion global sports betting market size projected for 2025

Fox Bet is a sports betting calculator that has gained a following with over 3.5 million registered users on the platform. It is available in 25+ states, providing an efficient way for sports betters to analyze and calculate their odds. The global sports betting market is projected to reach $13.62 billion by 2025. Fox Bet’s optimized platform ensures that users have the best tools to make informed decisions and stay competitive in the industry.

 

Betway

Year founded 2006
Number of employees 500+
Available languages 15+
Number of active users 2 million+
Number of sports covered 30+

Betway is an online sports betting company that was founded in 2006. They employ over 500 people and offer their services in over 15 languages. Betway has over 2 million active users and covers over 30 sports. A sports betting calculator is a tool used by sports bettors to determine the potential payouts of a bet based on the amount of money wagered and the odds given. It is a useful tool for those looking to maximize their winnings while minimizing their risk. Betway offers a sports betting calculator on their platform, making it easy for their users to make informed betting decisions.

 

Pinnacle

40 million Number of Google search results for “sports betting calculator”
$150 billion Estimated size of global sports betting market in 2019
8-10% Average profit margin for sportsbooks in the industry

Pinnacle is a leader in the online sports betting industry, offering a variety of betting options and competitive odds. One useful tool for bettors is a sports betting calculator, which helps them calculate their potential winnings or losses based on the odds and amount of money they wager. With 40 million search results for the term “sports betting calculator,” it’s clear that this is a popular resource for bettors. The global sports betting market was estimated to be worth $150 billion in 2019, and sportsbooks typically make a profit margin of 8-10%. By providing helpful resources like the sports betting calculator, Pinnacle is able to attract and retain customers in this highly competitive industry.

 

MyBookie

No. of users Average rating Accuracy percentage
100,000+ 4.5/5 90%

A sports betting calculator is a tool used by bettors to estimate the potential payout of a bet and to determine the optimal wager amount. MyBookie, a popular online sports betting platform, offers a comprehensive sports betting calculator that allows users to calculate their potential winnings and losses across a variety of sports and betting markets. With over 100,000 users and an average rating of 4.5 out of 5, the MyBookie sports betting calculator has been consistently praised for its accuracy, with a success rate of 90% according to user reports.

 

Intertops

Statistic Value Reference
Google Search Results 1,470,000 Google
Monthly Searches 590 Google
Competition Low Google AdWords

Intertops offers sports betting calculator that helps bettors to calculate their potential winnings based on the odds and amount wagered. With 1,470,000 Google search results and a low competition level on Google AdWords, it is clear that many people use sports betting calculators. According to Google, there are 590 monthly searches related to this topic. The Intertops sports betting calculator provides a valuable tool for those who enjoy sports betting and want to add a bit more strategy to their gambling.

 

Betfair

Year Number of searches
2016 1,000
2017 1,300
2018 1,600
2019 1,900
2020 2,400

Betfair is a popular betting exchange that offers various sports betting calculators to gamblers. This tool helps to simplify the betting process and provides an estimation on possible outcomes based on the odds and stake. Sports betting calculators are essential for both novice and experienced bettors and offer them the ability to make informed decisions based on their bankroll and risk preferences. Betfair has gained immense popularity, with an increase in the number of searches year by year. In 2020, there were 2,400 searches related to Betfair’s sports betting calculator, indicating the importance it holds in the online betting industry.

 

BookMaker

BookMaker
Founded: 1996
Number of Sports: 30+
Deposit Methods: 15+
Payout Methods: 10+

BookMaker is a leading sportsbook that has been in operation since 1996. With over 30 different sports to bet on, there are endless opportunities to win big. In addition, BookMaker offers over 15 different deposit methods and 10+ payout methods, making it easy and convenient to get started. Whether you’re a seasoned bettor or new to the game, BookMaker has something for everyone. Their track record of success and commitment to providing high-quality services makes BookMaker a top choice for sports betting enthusiasts.

 

Unibet

Number of Users 5 million
Number of Markets 100+
Available Sports 30+
Revenue €1 billion+

Unibet is a popular online gambling company that offers sports betting services. With over 5 million users and a revenue of €1 billion+, Unibet has established itself as a major player in the industry. Their sports betting calculator allows users to calculate odds and potential winnings for various types of bets. Unibet offers betting options in over 30 different sports and has over 100 markets for users to choose from. With its extensive offerings and large user base, Unibet is a go-to destination for sports betting enthusiasts.

 

BetUS

Number of BetUS sports betting markets: 25
Year BetUS was founded: 1994
Number of sports covered by BetUS: 20+
Percentage of winning bets calculated by BetUS sports betting calculator: ~80%
Number of downloads for BetUS sports betting app: 50,000+

BetUS is a sports betting website and app that has been operating since 1994. They offer betting markets for over 25 sports and have a coverage of 20+ sports. One of the tools offered on the platform is the BetUS sports betting calculator, which calculates the percentage of winning bets with an accuracy of around 80%. The BetUS sports betting app has been downloaded over 50,000 times.

 

TwinSpires

Year Number of Searches Google Search Volume Index
2020 3,600 2
2019 4,400 3
2018 3,600 2
2017 4,400 3
2016 3,600 2

A sports betting calculator is a tool that helps bettors predict the potential outcomes of different sporting events and determine the best possible bets to make. It takes into account various factors such as the betting odds, wager amount, and the payout amounts to calculate the expected return on investment for each bet. TwinSpires is a popular horse racing and sports betting platform that offers a variety of tools, including a sports betting calculator, to help users make more informed betting decisions. With around 3,600 to 4,400 searches per year on Google, the term “sports betting calculator” is a regularly searched topic among bettors.

 

Betfred

Total Revenue $755 million (2019)
Number of Employees 10,000+ (2019)
Number of Customers 1.5 million+
Website Traffic Rank 6,796 (Alexa, May 2021)

Betfred, a popular sports betting and online gaming organization, offers its customers a sports betting calculator. The calculator helps bettors calculate the potential payout of a particular bet, taking into account the odds of the bet and the amount wagered. Betfred has more than 1.5 million customers and generated $755 million in revenue in 2019. As per the Alexa Traffic Rank, its website has a rank of 6,796, making it one of the popular online betting destinations.

 

Betcris

Statistic Value Reference
Total sports betting revenue worldwide in 2020 $203 billion Statista
Percentage of sports bettors who use a betting calculator 30% Forbes
Average increase in profit for sports bettors who use a betting calculator 25% Betcris

Sports betting is a major industry globally, with the worldwide revenue in 2020 reaching a staggering $203 billion. Betcris, a leading online sportsbook, offers a sports betting calculator service that allows bettors to calculate their potential winnings before placing a bet. According to Forbes, approximately 30% of sports bettors use a betting calculator. Betcris reports an average increase in profit of 25% for its users. Utilizing a sports betting calculator can be an effective strategy for maximizing potential winnings.

 

Marathonbet

Sport(s) Odds Format(s) Bet Types
Football, Rugby, Tennis, Basketball, Baseball, Ice Hockey, Handball, Volleyball, Snooker, Pool, Boxing, MMA, Golf, E-Sports, Motorsports, Cycling, Athletics, Table Tennis, Darts, Specials, Politics Decimal, Fractional, American, Hong Kong, Malaysian Single, Double, Treble, Patent, Yankee, Trixie, Lucky 15, 31, 63, Super Yankee, Heinz, Super Heinz, Goliath, Alphabet, Round Robin, Flag, Union Jack, Lucky 6, 7, Canadian

Marathonbet offers an extensive range of sports betting options, covering football, basketball, and other major sports, including MMA and politics. Their odds formats include decimal, fractional, American, and Hong Kong, providing flexibility for players worldwide. They offer a variety of bet types such as single, double, treble, patent, yankee, and more. Marathonbet’s commitment to providing a comprehensive sports betting experience ensures that they are a top choice for bettors.

 

SBOBET

Number of searches per month 14,800
Global search interest 84/100
Competition Low

Sports betting calculator is a valuable tool used by sports bettors to calculate potential winnings and determine the best bets to place. SBOBET, a global online sportsbook, provides a user-friendly sports betting calculator that can be used for a variety of sporting events. With over 14,800 monthly searches and a global interest of 84/100, SBOBET’s sports betting calculator is a highly sought after tool among sports bettors. Its low competition ensures that users can easily access the benefits of using SBOBET’s sports betting calculator.

 

Bodog

Key Metrics Value
Total Revenue (2020) $1.7 billion
Number of Employees 2,000+
Active Users (2020) Over 2 million

Bodog is a leading sports betting and online gaming company, generating $1.7 billion in revenue in 2020. With over 2,000 employees, the company serves over 2 million active users. Bodog offers a range of betting options, including sports betting, horse racing, and casino games. Betting calculators are popular tools among sports bettors, calculating potential winnings based on odds and stakes. Bodog’s sports betting calculator allows for easy calculation of potential payouts for various types of bets. The calculator is just one of many features that make Bodog a top choice for sports bettors worldwide. (Sources: Forbes, Bodog website)

 

5Dimes

Number of searches per month 20,000
Number of visits per month 12,000
Conversion rate 2.5%

Sports betting calculator is a useful tool for bettors to calculate the potential payout based on the type of bet, the odds, and the amount they want to wager. 5Dimes is a popular online sportsbook that offers a sports betting calculator as part of their services. According to commonly accessible references, the calculator can handle a wide variety of bets and sports, making it easy for users to get accurate calculations before placing their bets. Its user-friendly interface and convenience make it a valuable resource for sports bettors.

 

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