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.

• Parlay Calculator In the boxes under 'Odds' enter the moneyline odds of each game in your parlay. If you choose a favorite, you must enter the moneyline with a minus (-) sign at the beginning (e.g.
• This is a step up from casual sports betting, and you’ll need to make a time investment to best protect your sports betting investment. In that vein, the best approach for using an odds calculator, and sports betting in general, is to ensure you’re only betting what you can afford to lose.

Fanduel Sportsbook Calculator

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!

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.

Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. Here’s how the math works. Convert the American odds to decimal odds using our odds.

Sportsbook Parlay Calculator

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!