Casino Math Tools & Calculators

Free interactive tools to help you understand the mathematics behind casino games. Calculate expected losses, convert between RTP and house edge, and make informed decisions. Our calculators are based on established probability and statistics principles, aligned with industry standards used by testing agencies like Gaming Laboratories International (GLI).

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House Edge Calculator

Calculate the mathematical advantage casinos have over players. Understand expected losses, convert between RTP and house edge, and estimate session costs based on playing time.

Expected Loss RTP Converter Session Estimator Game Presets
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Probability Calculator

Calculate odds and probabilities for various gambling outcomes. Convert between decimal, fractional, and American odds. Understand winning/losing streaks mathematically.

Odds Converter Streak Calculator Win Probability Implied Probability
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Bankroll Simulator

Run Monte Carlo simulations to visualize how variance affects your bankroll over time. Understand risk of ruin, optimal bet sizing, and why short-term results can vary wildly.

Monte Carlo Risk of Ruin Session Charts Bet Sizing
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Kelly Criterion Calculator

Calculate optimal bet sizes using the Kelly Criterion formula. Learn how professional bettors and investors determine the mathematically optimal wager size based on edge and odds.

Optimal Bet Sizing Fractional Kelly Edge Calculator Multiple Odds Formats
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Wagering Requirements Calculator

Calculate the true cost of casino bonuses before accepting them. Understand wagering requirements, expected loss while clearing, and whether a bonus actually has positive mathematical value.

Playthrough Calculator Expected Loss Bonus Comparison Game Contribution
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Parlay Odds Calculator

Calculate combined odds, potential payouts, and true probability for parlay (accumulator) bets. Understand why the house edge compounds with each leg and make informed decisions.

Combined Odds Payout Calculator Edge Analysis Multi-Format
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Expected Value Calculator

Calculate whether a bet has positive or negative expected value (EV). This fundamental metric tells you if a wager is mathematically profitable over timeโ€”the key to smart betting.

+EV Detection ROI Calculator Edge Analysis Visual Meter
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Odds Comparison Calculator

Compare betting odds from multiple bookmakers to find the best value. Calculate implied probabilities, identify potential arbitrage opportunities, and understand which source offers optimal returns.

Best Value Finder Arbitrage Checker Implied Probability Multi-Format
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Poker Pot Odds Calculator

Calculate pot odds, required equity, and convert outs to win probability using the Rule of 4 and 2. Determine if calling is mathematically profitable based on fundamental poker math.

Pot Odds Outs to Equity Implied Odds Call Profitability
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Betting System Simulator

Test popular betting systems like Martingale, Fibonacci, D'Alembert, and Paroli with Monte Carlo simulations. Watch in real-time as these strategies inevitably fail against the house edge.

Monte Carlo 5 Systems Visual Charts Bust Rate
Run Simulator
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Blackjack Strategy Trainer

Practice perfect blackjack basic strategy with instant feedback. Test your knowledge of hit, stand, double, split, and surrender decisions against every dealer upcard.

Active Practice Instant Feedback Progress Tracking Strategy Charts
Start Training
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Roulette Bet Analyzer

Analyze any roulette bet type with exact odds, payouts, and expected value calculations. Compare European vs American roulette to understand the mathematical impact of variant selection.

All Bet Types Euro vs American Expected Value Coverage Visual
Analyze Bets
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Slot Variance Simulator

Visualize how slot machine RTP and volatility work together to create wildly different short-term outcomes. Run simulations to understand why session results vary dramatically.

RTP Simulation Volatility Levels Bankroll Charts Session History
Run Simulator
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Risk of Ruin Calculator

Calculate your probability of going broke based on win rate, bet size, and bankroll. This essential bankroll management tool helps you understand the mathematical risk in your gambling approach.

Ruin Probability Bet Size Analysis Risk Visualization Game Presets
Calculate Risk
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Betting Unit Calculator

Calculate optimal betting unit sizes for disciplined bankroll management. Compare flat betting vs percentage staking, set confidence-based stakes, and build a structured betting approach.

Unit Sizing Staking Plans Confidence Stakes Streak Impact
Calculate Units
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Session Planner Calculator

Plan your gambling sessions mathematically. Calculate how long your bankroll will last, set session budgets, compare entertainment costs, and understand the true hourly cost of play.

Bankroll Duration Cost Per Hour Session Budget Game Presets
Plan Session
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Vig Calculator

Calculate the bookmaker's vig (juice/margin) and discover true fair odds. Understand how much sportsbooks take on every bet and find no-vig lines for any market.

Margin Calculator Fair Odds Multi-Outcome All Odds Formats
Calculate Vig
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Hedge Bet Calculator

Calculate optimal hedge bets to lock in guaranteed profits or minimize losses. Perfect for futures bets, parlays, and any situation where you want to secure winnings.

Lock In Profits Equal Profit Hedge Risk-Free Hedge All Odds Formats
Calculate Hedge
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Poker Hand Equity Calculator

Compare any two Texas Hold'em hands to see exact win percentages. Monte Carlo simulation calculates precise equity for any matchup, including with board cards.

Hand vs Hand Win Percentages Board Cards Monte Carlo
Calculate Equity
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Comp Value Calculator

Calculate your theoretical loss and estimated comp value based on your play. Understand how casinos evaluate players and what your gambling activity is worth in rewards.

Theo Calculator Comp Estimator VIP Tier Compare Annual Projection
Calculate Comps
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Blackjack Hand Calculator

See the expected value of every blackjack decisionโ€”hit, stand, double, split, or surrenderโ€”for any hand. Understand exactly why basic strategy is mathematically optimal.

EV Analysis All Actions Visual Results Strategy Proof
Analyze Hands
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Baccarat Odds Calculator

Analyze Player, Banker, and Tie bet mathematics. Calculate commission impact, expected value, and compare side bet odds for baccarat's lowest house edge bets.

Commission Analysis Bet Comparison Side Bets EV Calculator
Calculate Odds
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Craps Bet Analyzer

Analyze every craps bet type with exact house edge, true odds, and expected value. Compare pass line, place bets, hardways, and proposition bets side by side.

All Bet Types House Edge Odds Calculator EV Meter
Analyze Bets
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Dutching Calculator

Calculate optimal stakes for betting on multiple selections. Dutch your bets to guarantee equal profit regardless of which selection wins.

Multi-Selection Equal Profit All Odds Formats ROI Analysis
Calculate Dutch
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Losing Streak Calculator

Understand the mathematics of consecutive losses. See how likely losing streaks are based on win rate, and why they're a normal part of gambling variance.

Streak Probability Visual Simulation Expected Max Streak Variance Education
Calculate Streaks
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Cash Out Value Calculator

Analyze sportsbook cash out offers mathematically. Compare the cash out to expected value and see how much margin the book is taking on the offer.

Cash Out Analysis EV Comparison Margin Calculator Decision Guide
Analyze Cash Out
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True Odds Calculator

Compare true mathematical odds to what casinos actually pay. See fair payouts, house edge cost per bet, and understand exactly what you're giving up on every wager.

Fair Odds Casino vs True Edge Cost Game Comparison
Calculate True Odds
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Gambling Cost Comparison Calculator

Compare the expected cost per hour of gambling to other entertainment activities. Budget your casino visits alongside movies, concerts, and sportsโ€”see the true entertainment value.

Cost Per Hour Entertainment Compare Budget Planner Game Presets
Compare Costs
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Sample Size Calculator

Determine if your gambling results are statistically significant or just variance. Calculate confidence intervals, p-values, and how many bets you need to prove a real edge.

Win Rate Analysis Confidence Intervals Required Sample Size Variance vs Skill
Analyze Results
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Gambling Session Tracker

Log your gambling sessions, track wins and losses over time, and compare actual results to expected value. All data stored locallyโ€”your gambling records stay private.

Session Logging EV Comparison Variance Analysis Export Data
Start Tracking
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Bet Builder Calculator

Build and analyze your entire bet slip. Add multiple independent bets and see combined expected value, weighted average edge, total risk, and overall ROI for all your selections.

Multi-Bet Analysis Combined EV Weighted Edge Portfolio View
Build Slip
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Break-Even Win Rate Calculator

Calculate the exact win percentage needed to break even at any betting odds. Compare your actual results to the required threshold and see if you're truly profitable.

Required Win % Result Comparison All Odds Formats Profit Analysis
Calculate Break-Even
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Gambling Budget Calculator

Set responsible gambling limits based on your income and expenses. Calculate a sustainable budget, see healthy spending ratios, and plan session budgets for entertainment, not financial risk.

Income Analysis Budget Health Meter Session Planning Expected Loss
Plan Budget
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Gambling Self-Assessment Tool

Free, confidential self-assessment based on the Problem Gambling Severity Index (PGSI). Answer 9 clinically validated questions to understand your gambling behavior and access helpful resources.

PGSI Assessment Confidential Score Categories Support Resources
Take Assessment
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Jackpot Break-Even Calculator

Calculate when progressive jackpots become mathematically profitable (+EV). Analyze popular jackpot games like Mega Moolah, understand break-even points, and explore must-hit-by jackpot mathematics.

Break-Even Analysis Game Presets Must-Hit Calculator EV Meter
Calculate Break-Even
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Arbitrage Betting Calculator

Calculate arbitrage opportunities between bookmakers. Enter odds from different sportsbooks to find guaranteed profits on two-way and three-way markets with optimal stake distribution.

Arb Detection Stake Calculator All Odds Formats 2-Way & 3-Way
Find Arbitrage
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Lay Bet Calculator

Calculate lay stakes, liability, and matched betting scenarios for betting exchanges. Find optimal stakes for free bet conversion and understand exchange commission impact.

Liability Calculator Matched Betting Free Bet Conversion Commission Impact
Calculate Lay Bets
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Gambler's Fallacy Simulator

Interactive proof that past results never affect future outcomes. Test coin flips and roulette spins to see that after any streak, probabilities remain unchanged.

Independence Test Streak Analysis Mass Simulation Visual Proof
Test the Fallacy
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Poker Rake Impact Calculator

Calculate how much poker rake costs you per session and year. Find your break-even win rate after rake and compare rake structures across different stakes.

Rake Cost Break-Even Rate Stakes Comparison Net Hourly
Calculate Rake
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Closing Line Value (CLV) Calculator

Measure your sports betting edge by comparing your odds to the closing line. Track CLV across multiple bets to determine if you have a genuine mathematical advantage.

CLV Analysis Bet Tracker Portfolio Summary CSV Export
Calculate CLV
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System Bet Calculator

Calculate full cover bets including Trixie, Patent, Yankee, Lucky 15, Lucky 31, Lucky 63, and more. See returns for every combination and understand system bet mathematics.

Trixie/Patent Yankee/Lucky 15 Heinz/Goliath Bet Breakdown
Calculate System Bets
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Moneyline to Spread Converter

Convert between moneyline odds and point spreads instantly. Calculate implied spreads from betting lines and understand the mathematical relationship between betting formats.

ML โ†” Spread 6 Sports Win Probability Market Comparison
Convert Odds
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Double Chance & Draw No Bet Calculator

Calculate fair odds and implied probabilities for Double Chance (1X, X2, 12) and Draw No Bet markets. Enter 1X2 odds to see safer betting options with exact win probabilities.

1X, X2, 12 Odds DNB Calculator Fair Odds Vig Analysis
Calculate Odds
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Asian Handicap Calculator

Calculate outcomes for Asian Handicap soccer bets including complex quarter-goal lines. See how your stake is split, visualize outcomes at different scorelines, and understand AH betting mathematics.

Quarter Lines Split Stakes Outcome Analysis Score Scenarios
Calculate AH
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Round Robin Calculator

Build all possible parlay combinations from your selections. Calculate total stake, potential payouts, and analyze profit scenarios when some legs win and others lose.

2-5 Way Parlays Combination Math Win/Lose Toggle All Odds Formats
Build Round Robin
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Parlay Insurance Calculator

Evaluate parlay insurance promotions and one-leg insurance offers. Calculate the true value of bet credits, the probability of triggering insurance, and whether it improves your expected value.

Insurance Value Trigger Probability Credit Conversion EV Analysis
Evaluate Insurance
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Profit Target Calculator

Calculate your probability of reaching a specific profit goal before going broke. Based on gambler's ruin mathematics, see realistic odds for doubling up or hitting any profit target.

Goal vs Ruin Game Presets Scenario Analysis Visual Probability
Calculate Odds
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Session Limit Monitor

Track gambling sessions in real-time with customizable time and loss limits. Get visual and audio alerts when approaching limits, log activity, and maintain awareness of your gambling behavior.

Time Tracking Loss Limits Visual Alerts Activity Log
Start Monitoring
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Poisson Distribution Calculator

Calculate goal and score probabilities using the Poisson distribution for sports betting. Predict over/under totals, correct scores, and match outcomes based on expected goals.

Goal Probability Over/Under Lines Score Matrix Match Outcomes
Calculate Probabilities
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Teaser Bet Calculator

Calculate teaser bet payouts, adjusted spreads, and win probability for NFL and NBA betting. Compare teaser value vs standard parlays and identify Wong teaser opportunities.

NFL & NBA Wong Teasers EV Analysis Parlay Comparison
Calculate Teasers
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Comeback Calculator

Calculate how much you need to win to recover from gambling losses. Understand the mathematical asymmetry of loss recovery and why chasing losses is dangerous.

Recovery Math Loss Asymmetry Visual Charts Scenario Analysis
Calculate Recovery

Why Use Our Calculators?

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Educational Focus

Designed to help you understand gambling mathematics, not encourage gambling.

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Accurate Math

Based on proven probability theory and verified casino game mathematics.

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Completely Free

No signup, no fees, no data collection. Just useful tools you can use immediately.

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Works Everywhere

Mobile-friendly design works on any device with a web browser.

Learn More About Casino Mathematics

Disclaimer: These calculators are for educational purposes only and do not constitute gambling advice. All casino games have a mathematical house edge. Never gamble with money you cannot afford to lose. If gambling is affecting your life negatively, please seek help from BeGambleAware or contact the National Council on Problem Gambling. For more resources, visit our responsible gambling page.