The Profit Margin Calculator shows bookmaker’s margin/payout and probability of the odds in percents. When the odds are entered in the betting tools, it automatically calculates the probabilities of the odds. Thereby, using our calculator you can increase the effectiveness of your bets and the number of winnings. The calculator also shows featured matches by sports with the lowest margins/highest payouts in different bookmakers at the moment.
The profit of a bookmaker lies in the cost what they charge to place a bet with them. They increase the probability of a certain outcome happening and adjust the odds downwards accordingly to give them their margin. This margin is their profit on the bet placed with them. The margin can differ between different bookmakers and is the difference between the real probability and the odds offered by the bookmaker. The margin difference charged on bets affects the net profit result of punters which makes it important to be able to calculate bookmaker’s profit margins.
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