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Sports Betting Calculators & Tools (2026)

39 professional tools for odds conversion, parlay calculation, arbitrage detection, Kelly Criterion sizing, and real-time market analysis.

39Calculators
1M+Calculations
100%Free
Mathematically Verified

Essential Sports Betting Calculators

Basic tools for odds conversion and calculations

Convert odds between decimal, fractional, and American formats instantly. Calculate implied probability and compare value across different bookmakers worldwide.

Live Betting Tools & Odds Tracking

LIVE

Real-time odds, arbitrage scanner, and market analysis

Real-time odds comparison and sure bet detection across 50+ bookmakers. Track line movements and find value opportunities as they happen.

Arbitrage & Hedge Betting Calculators

Find sure bets and lock in guaranteed profits

Calculate optimal stake distribution for guaranteed profits regardless of outcome. Find mathematical edges with hedge betting and dutching strategies.

Bankroll Management & Staking Plans

Optimize bet sizing and grow your bankroll

Apply Kelly Criterion and other professional staking methods to maximize long-term growth while minimizing risk of ruin.

Bet Tracking & Performance Analytics

Track your bets, profits, and performance

Monitor ROI, yield, and P&L across all your bets. Identify profitable patterns and eliminate costly mistakes with data-driven analysis.

Advanced Analytics & Betting Edge

Advanced analysis to find your edge

Advanced metrics including Closing Line Value (CLV), edge detection, and variance analysis used by professional sharp bettors.

Specialized Bet Types & System Bets

Some links may be affiliate links. This doesn't affect our calculations — all formulas are mathematically neutral.

BETTING TOOLS

Frequently Asked Questions

Everything you need to know about betting calculators

A betting odds converter is a free tool that converts odds between different formats: decimal (European), fractional (UK), American (Moneyline), and implied probability. This helps bettors understand odds from different bookmakers worldwide and compare value across markets.
A parlay calculator multiplies the decimal odds of all your selections together to calculate the total combined odds and potential payout. Simply enter your stake and the odds for each leg, and the calculator shows your potential winnings if all selections win.
Arbitrage betting (sure betting) involves placing bets on all possible outcomes across different bookmakers to guarantee a profit regardless of the result. It is legal in most jurisdictions, but bookmakers may limit or close accounts of suspected arbers.
The Kelly Criterion is a mathematical formula that calculates the optimal bet size based on your perceived edge and bankroll. It maximizes long-term growth while minimizing the risk of ruin. Many professional bettors use fractional Kelly (25-50%) for added safety.
Yes! All 37+ betting calculators on ToolsGambling are 100% free to use. No registration required, no hidden fees, no limits. Available in 6 languages. We believe everyone should have access to professional betting tools.
Minor differences can occur due to: (1) Odds rounding — bookmakers often round odds to standard increments; (2) Live betting delays — odds change rapidly during live events; (3) Currency conversion — exchange rates may affect displayed values; (4) Bookmaker rules — some have specific payout rules for dead heats or partial wins. Our calculators use mathematically precise formulas, but always verify final payouts with your bookmaker before placing bets.
Expected value is the average amount you can expect to win or lose per bet over time. A positive EV (+EV) means the bet is profitable long-term. Calculate it with: EV = (Probability × Profit) − (1 − Probability) × Stake. Our value bet calculator finds +EV opportunities automatically by comparing your estimated probability to the bookmaker's odds.
Implied probability converts odds into a percentage chance. For decimal odds: divide 1 by the odds (1 ÷ 2.50 = 40%). For American odds: divide 100 by the odds plus 100 for positive odds, or divide the odds by odds plus 100 for negative. Use our odds converter to instantly see implied probability for any format.
The Kelly Criterion is mathematically proven to maximize long-term bankroll growth. Most pros use fractional Kelly (25-50% of the full Kelly stake) for safety. Other popular methods include flat staking (fixed % of bankroll) and the proportional staking plan. The right strategy depends on your edge, bankroll size, and risk tolerance.

Professional Betting Calculators for Smart Bettors

ToolsGambling offers the most comprehensive collection of free betting calculators online. Whether you're calculating parlay odds, finding arbitrage opportunities, or determining optimal bet sizes with the Kelly Criterion, our tools help you make data-driven decisions.

Our calculators support all major odds formats including decimal, fractional, American, and implied probability. From basic odds conversion to advanced analytics like CLV (Closing Line Value) tracking and variance analysis, we have tools for bettors at every level.

All calculators are free, require no registration, and are available in English, Russian, German, Spanish, Portuguese, and Turkish. Start making smarter bets today with professional-grade tools used by sharp bettors worldwide.