margin and payout calculator

What is a Margin and Payout Calculator?

A Margin and Payout Calculator is a tool that helps determine the bookmaker’s margin and the potential payout based on the odds.

How does the Margin and Payout Calculator work?

  1. Enter the odds for all possible outcomes of an event.
  2. The calculator calculates the bookmaker’s margin (the percentage of profit built into the odds).
  3. It also calculates the payout (how much you could win based on the odds and your stake).

Why is it useful?

  • Helps analyze how favorable the odds are from the bookmaker.
  • Allows comparison of margins from different bookmakers.
  • Simplifies the calculation of potential payouts.

šŸ“Œ Important: The higher the margin, the less favorable the odds are for the bettor.

Documentation

https://psyventures.atlassian.net/wiki/spaces/PT/pages/3421306884/Margin+and+Payout+Calculator#How-to-add

! Important

Before adding calculator on a website, please make sure that Fi Shortcodes (Global edition) plugin is installed and activated. Can be found HERE.

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Try it out:

Margin & Parlay Calculator
Margin: 0%
Payout: 0%
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