How do I use a sports betting odds calculator?

Enter your bet amount and the odds (American, Decimal, or Fractional format) into the calculator. It will instantly show your potential payout and profit. Our free sports betting odds calculator works for all sports including NFL football, NBA basketball, and MLB baseball.

How do I convert American odds to decimal odds?

For positive American odds: Decimal = (American/100) + 1. For negative American odds: Decimal = (100/|American|) + 1. For example, +150 American = 2.50 Decimal, and -150 American = 1.67 Decimal. Use our free odds converter for instant conversions.

What is the best free parlay calculator?

SportsBettingOddsCalculator.com offers the best free parlay calculator online. Enter up to 15 legs with American, Decimal, or Fractional odds to instantly calculate your total parlay payout and implied probability.

How do I calculate my betting payout?

Use our bet payout calculator: enter your stake and odds. For American odds, if positive: Payout = Stake × (Odds/100) + Stake. If negative: Payout = Stake × (100/|Odds|) + Stake. Our calculator does this instantly for any odds format.

What is an odds payout chart?

An odds payout chart shows potential winnings at different odds levels. Our calculators provide dynamic payout charts for any stake amount, showing payouts for common odds like -110, +100, +150, -200, and more.

Hot Hand Tracker

Players on streaks the books haven't caught

Hot Streaks

Cold Streaks

High Confidence

Total Tracked

Filters

How We Find Hot Hands

1. Analyze Recent Games

We compare a player's last 5 and 10 games against their full season average to identify performance trends.

2. Statistical Significance

Not all streaks are meaningful. We calculate confidence based on consistency and magnitude of the deviation.

3. Find Mispriced Lines

Sportsbooks adjust slowly to recent performance. We highlight where prop lines haven't caught up to reality.

Frequently Asked Questions

What is the hot hand in NBA betting?

The "hot hand" refers to a player who is performing significantly above their season average over recent games. While the hot hand fallacy suggests streaks are random, research shows NBA players do experience genuine performance clusters. In betting, this creates opportunities when sportsbooks haven't yet adjusted their prop lines to reflect the improved form.

How do you identify mispriced player props from streaks?

We compare a player's last 5 and 10 game averages against their full season average. When recent performance significantly deviates (typically 15%+ difference) but the prop line is still based on season averages, there's potential value. For example, if a player averages 20 PPG on the season but has scored 28 PPG over their last 5, and the line is still set at 20.5, the over may be undervalued.

Is the NBA Hot Hand Tracker really free?

Yes, our Hot Hand Tracker is 100% free to use with no account required. It updates automatically with live NBA data, filters out injured players, and shows you actionable betting opportunities. We also provide links to our free Smart Props Finder for deeper analysis on any player you're interested in.

How often is the streak data updated?

The Hot Hand Tracker auto-refreshes every 10 minutes with the latest game data from the NBA. We analyze stats from each player's last 30 days of games and compare against their 2025-26 season averages. Injured players are automatically filtered out using live injury report data.

What's the difference between hot and cold streaks?

A "hot streak" means the player is performing above their season average (e.g., scoring more points than usual), suggesting the OVER on their prop may have value. A "cold streak" means below average performance, potentially making the UNDER valuable. Both can be profitable if the sportsbook lines haven't adjusted to reflect recent form.