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Calculators

Sports betting and prediction market calculators

25 calculators for odds, stakes and market prices.

How they work

Each one runs in your browser, works without JavaScript, keeps its inputs in the URL so a result is a link, and starts from Bandwagon's live numbers where they apply. Educational tool. Bandwagon does not take or place wagers.

Sports betting math

16 calculators

Convert odds, size a stake, price a parlay, find a hedge or an arbitrage, and measure what a price is worth.

Odds Converter

American, decimal, fractional and implied probability, in both directions.

Implied Probability Calculator

The win chance a price implies, with the sportsbook's margin taken out.

Parlay Calculator

Up to 12 legs in any odds format: payout, combined odds and the real chance all of them win.

Parlay Odds by Number of Legs

What two to twelve legs at the same price pay, and the win rate each leg needs.

Hedge Calculator

How much to bet on the other side of an open bet to lock in the same result either way.

Arbitrage Calculator

Two- and three-way arbitrage: the stake split that locks in the same return, and the margin.

Expected Value Calculator

The average result of a bet if your win probability is right, and the edge over the price.

Vig Calculator

The juice on a market, and the fair no-vig odds for each side.

Kelly Criterion Calculator

Full, half and quarter Kelly stakes from the odds, your win probability and your bankroll.

Bankroll and Unit Size Calculator

Set a unit as a share of your bankroll and see how many losses in a row it takes to hurt.

Moneyline to Spread Calculator

Convert a moneyline to the point spread it is worth, with Bandwagon's fitted constants per sport.

Spread to Moneyline Calculator

Convert a point spread to the fair moneyline and win chance, per sport.

Teaser Calculator

Teased-leg cover chance and teaser break-even for 6, 6.5 and 7 point NFL and college football teasers.

Round Robin Calculator

Every k-leg parlay from your picks: how many, the total staked and the typical return by number of winners.

Futures Hedge Calculator

Hedge a futures ticket: the hedge amount, the locked profit and what a partial hedge does.

Closing Line Value Calculator

Compare the price you took with the closing price: improvement, probability gained and EV at the close.

Prediction markets

6 calculators

Turn a contract price into a probability, take the margin out of a pair, and work out payouts and break-evens after fees.

Odds and analysis

3 calculators

Bandwagon's own model and crowd: the logistic that turns ratings into probabilities, and where the crowd and the model disagree.

Where the live numbers come from

The slate pickers use Bandwagon's own model (odds, with its public backtest), the crowd's picks and the prices from Kalshi and Polymarket. Bandwagon's model, not a sportsbook line. We do not take wagers.

25 free calculators: odds converter, parlay, Kelly criterion, hedge, arbitrage, vig, prediction-market payout and break-even, and Bandwagon's model. Educational tool. Bandwagon does not take or place wagers.