This calculator explains the maths. It does not predict an outcome or remove the bookmaker's margin.
Implied probability: 40.00%
Total return: 25.00
Profit: 15.00
Total return: 25.00
Profit: 15.00
How the calculation works
Implied probability = 100 ÷ decimal odds. Total return = stake × decimal odds. Profit = total return − stake.
Why implied probabilities can exceed 100%
When all outcomes in a market are converted, their total often exceeds 100%. The difference is commonly called the bookmaker margin or overround.
ImportantProbability is not certainty. Short-term outcomes can vary widely, and odds can change. This tool is educational only.