 | European Price |
| Futures |
| Half-Time Line |
| If Bet |
| Money Line |
| Parlay |
| Progressive Parlay |
| Point Spread |
| Propositions |
| Quarter Line |
| Reduced Juice |
| Teaser |
| Totals |
| Auto Racing |
| Baseball |
| Basketball |
| Boxing |
| Football |
| Golf |
| Hockey |
| Soccer |
| Tennis |
Making a bet based on the European Price system is similar to making a Money Line Bet. European prices are usually displayed in decimal format and use two formulas to calculate payouts.
European Prices above 1.0
(Wager Amount) x (European Price) = Total Payout
European Prices below 1.0
(Wager Amount) x (European Price) + Wager Amount = Total Payout
For example, the bettor bets $100 on Manchester City 2.40 to beat Arsenal 0.60. If Manchester City wins, he wins $240. His friend bets $100 on Arsenal. If Arsenal wins, his friend wins $160. The following table displays the results of four different winning European Price bets.
|
Conversion
Here is the conversion formula for European Prices.
Use this formula if the Money Line has a minus sign "-".
European Price = (100 / (Money Line * -1)) + 1
Use this formula if the Money Line has a plus sign "+".
European Price = (Money Line / 100) + 1
The following table displays conversions of Money Lines to European Prices.
Money Line |
European Price |
Payout per $100 Bet |
+140 |
2.40 |
$240 |
-200 |
150 |
$150 |
+160 |
2.60 |
$260 |
Note: European Prices do not always convert evenly into Money Lines since Money Lines are based on whole numbers.
Place a sports bet now, search through our sportsbook dictionary, or learn about the history of sportsbooks.