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Betting Tools | BettorDay

Betting Tools

Free calculators to help you bet smarter

Parlay Calculator

Calculate potential payouts for multi-leg parlays

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Parlay Legs

2 Legs
1
2
Total Odds --
To Win $0.00
Total Payout $0.00
Implied Probability 0.00%

Hedge Calculator

Lock in guaranteed profit or minimize losses

How it works: Enter your original bet details and the current odds available on the opposite outcome to calculate your optimal hedge.
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Recommended Hedge $0.00
Total at Risk $0.00
If Original Wins $0.00
If Hedge Wins $0.00
Guaranteed Profit $0.00

Expected Value

Determine if a bet has positive expected value

📊 Implied Probability Calculator

What does the book think? Enter odds to see their implied probability.

Implied Probability --
If you think the true probability is higher than the implied, the bet has +EV.

🎯 Expected Value Calculator

Compare your estimated probability to the odds to find +EV bets.

%

Enter odds from a sharp book or your model to calculate the implied probability, then use it above.

Implied Prob
--%

Or remove the vig: Enter both sides to get true probability.

Side A True Prob: --%
Side B True Prob: --%
Total Hold/Vig: --%
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Expected Value
--
Enter odds and probability
EV per $100 Wagered $0.00
EV on Your Stake $0.00
Implied Probability 0.00%
Breakeven Win Rate 0.00%
Edge vs. Book 0.00%

Breakeven Calculator

Find the win rate needed to break even at any odds

Why it matters: At -110 odds, you need to win 52.4% of your bets just to break even. This tool shows you the required win rate for any odds.
Breakeven Win Rate --
Enter odds above
Decimal Odds --
Implied Probability --
Profit per $100 if Win --
Common Odds Reference
-110 52.38%
-115 53.49%
-120 54.55%
+100 50.00%
+150 40.00%
+200 33.33%