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European Price Bet

A European Price Bet is similar to a Money Line Bet. These are usually displayed in decimal format and use two formulas to calculate payouts.

European Price above 1.0
(Wager Amount) x (European Price) = Total Payout

European Price 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.

Winner

Bet Amount

European Price

Payout
(+bet amt)

Manchester City

$20

2.40

$48

Manchester City

$100

2.40

$240

Arsenal

$20

0.60

$32

Arsenal

100

0.60

$160

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 (+ bet amt)

+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.

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