Sportsbook Calculator
If you have ever thought about opening your own sportsbook, one of the biggest question you have asked yourself is how much revenue does a sportsbook make?To give you an idea of the potential earnings a sportsbook can give you, The combined sportsbook handle (number of bets taken) of Las Vegas Sportsbooks in the last 4 years averages to around $5 billion per year.
They have an average hold %(how much they earn from the wagers they take) of 7.13% giving them an average revenue of $356 million per year!
Sportsbook Betting Calculator Download
- The converter and calculator is a valuable tool if you’re using a sportsbook that primarily utilizes odds in a format that you are not familiar with using. Most sportsbooks allow players to switch odds types, but this feature is not universal at all betting sites.
- Mobile friendly moneyline calculator and sports betting calculators. Display payouts based on odds wagered. Money line calculator, Gambling calculator, Point spread calculator, Parlay calculator, Over/Under Calculator.
Sportsbook Revenue Calculator
They are many factors that will determine how much revenue your sportsbook can make you but to give you an idea, we have created this simplified Sportsbook Revenue calculator.
Note: The calculator accepts US or decimal odds. For Decimal odds greater than or equal to 100, preface the odds with either a ‘0’ or a ‘d’. For example, decimals odds of 200.0000 would be.
Today, almost everyone can become a bookie thanks to our sports betting software and Sportsbook Pay Per Head Services. So use the Sportsbook Revenue calculator on the right and see how much earning potential you could earn from owning your own sportsbook!