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How to Calculate Potential Winnings

Learn how to calculate potential winnings in sports betting on Chips.gg using betting odds and stake to understand your possible payout before placing a bet.

Updated over 2 weeks ago

Before placing a bet, it’s important to know how much you can win if your selection is successful. Calculating potential winnings helps you understand risk, manage your stake, and bet with confidence. On Chips.gg, payouts are simple to calculate once you understand how odds work.



What Are Potential Winnings?

Potential winnings refer to the total amount you’ll receive if your bet wins, including your original stake.
This amount depends on:

  • Your stake

  • The odds format you’re using

  • The type of bet placed


How to Calculate Winnings Using European (Decimal) Odds

With European (decimal) odds, the calculation is straightforward:

Formula:
Stake × Odds = Total Payout

Example:

  • Stake: $10

  • Odds: 2.50

  • Total payout: $25

This includes your original stake.


How to Calculate Winnings Using Fractional Odds

With fractional odds, you calculate profit first, then add your stake.

Formula:
(Stake × Fraction) + Stake = Total Payout

Example:

  • Odds: 5/2

  • Stake: $10

  • Profit: $25

  • Total payout: $35


How to Calculate Winnings Using American Odds

With American odds, calculations depend on whether odds are positive or negative.

Positive odds (+150):

  • Stake: $100

  • Profit: $150

Negative odds (–200):

  • Stake: $200

  • Profit: $100

Your total payout is profit plus stake.


Calculating Winnings for Different Bet Types

  • Single bet: Stake × odds

  • Combo bet (parlay): Stake × combined odds

  • System bet: Multiple smaller payouts depending on winning selections

Chips.gg automatically calculates potential payouts for you in the bet slip.


Things That Can Affect Your Payout

Your final payout may change due to:

  • Cash Out usage

  • Void selections

  • Bonus wagering rules

  • Partial settlements in system bets

Always review bet details before placing your wager.



Knowing how to calculate potential winnings helps you bet smarter and stay in control. While Chips.gg shows payouts automatically, understanding the math behind it gives you confidence and clarity every time you place a sports bet.

Place your sports bets NOW!

Have Questions? We Might Just Have The Answers!
Explore the Chips.gg Sports Betting FAQ to learn simple stuff about placing bets, understanding odds, using free bets, and managing your account.

Whether you’re a beginner or a seasoned bettor, our guides make it easy to get started, play smart, and enjoy fair, transparent betting.

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