Enter the total amount spent on the bet ($) and the total money won from the bet ($) into the calculator to determine the Bet Profit.
- All Profit Calculators
- Pizza Profit Calculator
- Dead Heat Winnings Calculator
- Prize Money Split Calculator
Bet Profit Formula
The following formula is used to calculate the Bet Profit.
Pbet = W – B
- Where Pbet is the Bet Profit ($)
- B is the total amount spent on the bet ($)
- W is the total money won from the bet ($)
How to Calculate Bet Profit?
The following example problems outline how to calculate Bet Profit.
Example Problem #1:
- First, determine the total amount spent on the bet ($). In this example, the total amount spent on the bet ($) is given as 100.
- Next, determine the total money won from the bet ($). For this problem, the total money won from the bet ($) is given as 3000.
- Finally, calculate the Bet Profit using the equation above:
Pbet = W – B
The values given above are inserted into the equation below:
Pbet = 3000 – 100 = 2900.00 ($)
Example Problem #2:
The variables needed for this problem are provided below:
total amount spent on the bet ($) = 140
total money won from bet ($) = 300
Entering these values and solving gives:
Pbet = 300 – 140 = 160 ($)
