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European Price Sportsbook Bet

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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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