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Remember, the house edge a sportsbook adds can affect the final payout amount slightly. Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. It indicates how much you will win based on the odds and total wagered. That way, you’ll know the exact amount you would win prior to placing any picks at your favorite sportsbook. To help you clearly understand what decimal odds are, we will give you an example with a real money wager.