Sports Betting ROI Calculator
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'; return; } var roi = ((returns - investment) / investment) * 100; document.getElementById('result').innerHTML = 'Your ROI is: ' + roi.toFixed(2) + '%
'; }Here’s a basic table structure:
Bet Size | Number of Bets | Winning Bets | Average Odds | Total Amount Bet | Total Amount Won | Net Profit/Loss | ROI (%) |
---|---|---|---|---|---|---|---|
$100 | 50 | 30 | 2.00 | $5000 | $3000 | $500 | 10% |
In this example:
- Bet Size: The amount of money you’re betting on each match, let’s say $100.
- Number of Bets: The total number of bets placed, let’s say 50.
- Winning Bets: Out of those 50 bets, 30 were successful.
- Average Odds: The average odds for the bets placed, let’s say 2.00 (even money).
- Total Amount Bet: The total amount of money wagered, which would be $100 multiplied by the number of bets, so $100 * 50 = $5000.
- Total Amount Won: The total amount won from successful bets, which would be the number of winning bets multiplied by the bet size multiplied by the odds, so 30 * $100 * 2.00 = $6000.
- Net Profit/Loss: The difference between the total amount won and the total amount bet, so $6000 – $5000 = $1000.
- ROI (%): The return on investment, calculated as (Net Profit / Total Amount Bet) * 100, so ($1000 / $5000) * 100 = 20%.
This is a very basic example, and actual results can vary greatly depending on various factors such as the odds, your betting strategy, and the outcome of the matches.