Sports Betting Cost Calculator ($)
What does sports betting cost you?
Over the next 10 years, sports betting will likely cost you about
| Money bet | Lost | |
|---|---|---|
| This year | $0 | $0 |
| Next 5 years | $0 | $0 |
| All 10 years | $0 | $0 |
If you invested it instead
View as a table
| Year | Money lost | If invested |
|---|
What if?
Ways to cut what betting costs
Every dollar you don't lose to a sportsbook is a dollar that can grow for you instead.
Get free help, 24/7
Call or text 1-800-MY-RESET (1-800-697-3738), or chat online through the National Council on Problem Gambling. It's free and confidential.
Set limits first
Legal sportsbook apps let you cap deposits, losses, and time. Set them before you bet, not after a loss.
Skip parlays
Sportsbooks keep about 18.5% of parlay money, versus about 5.5% on single bets.
Take a break
Apps offer cool-off periods, and most states run self-exclusion programs that block you from every licensed sportsbook.
Find a meeting
Gamblers Anonymous holds free meetings in person and online.
Move the money
Set up an automatic transfer of what you used to bet into savings or an index fund.
Why the sportsbook comes out ahead
- Every bet has a built-in cut. At standard odds (−110), you risk $110 to win $100. You'd have to win 52.4% of your bets just to break even.
- Parlays multiply the cut. Each extra leg adds the sportsbook's edge again. In 2025, sportsbooks kept about 18 to 19 cents of every dollar bet on parlays, compared with about 10 cents across all bets. Same-game parlays usually cost even more.
- Wins happen, but the cut adds up. Any week or year can go either way. Over hundreds of bets, most people end up losing close to the sportsbook's cut of everything they bet.
How this calculator works
Your results are estimates based on these assumptions:
- Losses match the sportsbook's cut. If you enter what you bet, your expected loss is that amount times the sportsbook's cut: about 10% across all U.S. bets in 2025, about 18.5% for parlays, and about 5.5% for single bets on sides, totals, and moneylines (props and futures usually cost more). Your actual results will be higher or lower.
- Same habit every year. You keep betting the same amount for all the years you enter, rising 2% a year with inflation.
- Investments return 10% a year, about the S&P 500's average since 1928 with dividends reinvested. Like your bets, it isn't adjusted for inflation. Returns swing a lot from year to year, so treat it as an illustration, not a forecast.
- A Chipotle chicken bowl costs $10.75 today and rises with the same inflation.
- Other costs aren't included, such as debt, interest, or stress, so your true cost may be higher.
Sources
- U.S. sportsbook hold (about 10% of all money bet, 2025): $16.89 billion in revenue on $166.94 billion bet, American Gaming Association figures via Legal Sports Report. Monthly 2026 figures: RG.org, U.S. sports betting statistics.
- Parlays vs. single bets, Illinois 2025 (Illinois Gaming Board data): $889.9 million kept on $4.86 billion of parlays (18.3%), out of $1.48 billion kept on $15.65 billion bet overall. That leaves about 5.5% kept on non-parlay bets (our calculation). Via InGame, "Illinois Wagering Drops Sharply In December".
- Parlay hold across six reporting states (18.6% combined, 2025) and parlays' share of money bet (35%): InGame, "2025 Was Not Kind To (Most) Sports Bettors," Dec 2025.
- Cross-check: Nevada, where most bets are singles, kept 7.45% in 2025 (football 8.0%, basketball 5.9%): UNLV Center for Gaming Research, Nevada Gaming Win 2025. Standard −110 odds build in a 4.5% edge.
- Spending (median $750, average $3,284, past 12 months): NerdWallet 2025 Sports Betting and Gambling Survey, conducted by The Harris Poll, Dec 2024.
- Chipotle chicken burrito bowl ($10.75, Oct 2026; prices vary by location): USA Food Journal menu price guide.
- Inflation goal (2%): Federal Reserve. Stock returns (S&P 500 with dividends, about 10% a year, 1928 to 2025): Aswath Damodaran, NYU Stern.
- Help: National Council on Problem Gambling, National Problem Gambling Helpline (1-800-MY-RESET); Gamblers Anonymous.