To determine how much your bet will pay, you need to know the type of bet you’re placing, the odds associated with it, and the amount of money you’re wagering. Here are a few common types of bets and how to calculate their payouts:
1. **Straight Bets (Moneyline, Spread, Over/Under):**
– **Moneyline:** Multiply your bet amount by the decimal odds. For example, if you bet $100 on a team with 2.0 odds, your payout would be $100 * 2.0 = $200 (this includes your original bet).
– **Spread and Over/Under:** These work similarly to moneyline bets. If the odds are -110, which is a common vigorish (juice), you would need to bet $110 to win $100. If the odds are +200, you would win $200 for every $100 bet.
2. **Parlays:**
– A parlay is a bet that combines two or more individual bets. The odds are multiplied together for the total payout. For example, if you bet $100 on a three-team parlay with odds of 6/1 for each leg, the total odds would be 6 * 6 * 6 = 216. If you win, your payout would be $100 * 216 = $21,600.
3. **Prop Bets:**
– Payouts for prop bets depend on the specific odds provided for each prop. You would calculate the payout the same way as with moneyline bets.
4. **Futures Bets:**
– These are bets on future events, like who will win the championship. The odds are typically higher. You would multiply your bet by the odds to calculate the potential payout.
Remember to subtract the original bet amount from the total payout to determine your profit. For example, if you bet $100 and your total payout is $200, your profit is $100.
Please provide the specific type of bet and the odds if you need a more precise calculation.