Since most tracks have a $2 minimum bet, below is a handy chart look up the payoff for a $2 bet at various odds. Remember, your actual payoff. Our in-depth guide to sports betting odds gives you all the information you need to $ winnings, plus get your original $ back for a total of a $ payout. Using our odds calculator is simple: Enter your odds in American, Decimal, Fractional determine how much money you'll win, and the total payout you'll receive. Considering how we are faced with risk every single day of our lives - what are the chances of me making that train on time? Sort by Default Summary Popular game logos or Updated Description Date Updated Direction Ascending Descending. You may combine several teams into one wager. If the Dolphins win by exactly 6 points, the wager is declared a push and all money is refunded. To really expand your understanding of odds and betting, you must also understand how to calculate probability.