On the other hand, true odds are the subjective odds that a bettor assigns to a particular outcome. For example, if a football spread bet is offered at -110 on both sides, each outcome has an implied win probability of 52.38%. Implied odds refer to the conversion of a sportsbook's offered odds into an implied win probability. When it comes to sports betting, understanding implied odds and true odds is crucial to making informed and valuable bets. Understanding Implied Odds and True Odds in Sports Betting Think the books have the odds wrong for the big game this weekend? Check our calculator to confirm your hunch and lock in the best odds before the line moves. No fancy degree in statistics is required just enter the odds and amount you want to bet, and it’ll show you your potential winnings. We built our calculator with you, the everyday bettor, in mind. No more guessing if the odds are in your favor - now you can know for sure. With this tool, you’ll instantly see how much you stand to win for any bet. Are you tired of losing money to the sportsbook and want to get an edge finally? A betting odds calculator is precisely what you need to take your sports betting to the next level.