How to Calculate Football Bet Winnings in Canada — Odds and Returns Guide 2026

Knowing how to calculate your potential winnings before placing a bet is one of the most useful skills a beginning bettor can develop. It helps you compare prices, assess value, and understand exactly what you're risking against what you stand to win. In Canada, football bettors encounter two main odds formats — decimal and American moneyline — both worth understanding.

Decimal Odds — The Most Common Format

Most Canadian sportsbooks covering European football display decimal odds. The formula is simple:

Total return = stake × decimal odds

Net profit = total return − stake

Examples with CAD amounts:

$20 at 2.50: total return = $20 × 2.50 = $50. Net profit = $50 − $20 = $30.

$20 at 1.75: total return = $20 × 1.75 = $35. Net profit = $35 − $20 = $15.

$20 at 4.00: total return = $20 × 4.00 = $80. Net profit = $80 − $20 = $60.

American Moneyline — Still Used on Some Canadian Platforms

Negative moneylines show how much you stake to win $100 profit. Positive moneylines show your profit on a $100 stake.

-150: stake $150 to win $100 profit. Total return on $150 stake = $250.

+200: stake $100 to win $200 profit. Total return on $100 stake = $300.

For any stake amount: profit on negative line = stake × (100 ÷ absolute value of line). Profit on positive line = stake × (line ÷ 100).

Converting moneyline to decimal: negative line → (100 ÷ absolute value) + 1. So -150 → (100 ÷ 150) + 1 = 1.67. Positive line → (line ÷ 100) + 1. So +200 → (200 ÷ 100) + 1 = 3.00.

Accumulator Returns

Multiply all individual decimal odds together for the combined odds, then apply the formula.

Three legs at 2.00, 1.90, 2.20: combined = 2.00 × 1.90 × 2.20 = 8.36.

$10 at 8.36 combined: total return = $83.60. Net profit = $73.60.

Implied Probability

Divide 1 by the decimal odds to get implied probability. Odds of 2.50 imply 40% probability. Odds of 1.67 imply 60%. If your assessed probability is higher than implied — that bet has value.