Action provides various betting tools that you can access to assist with odds conversion, hedging, and more. To access these tools, navigate to My Action and then click on the three dots (°°°) in the top right corner.
When the menu pops up, select Betting Tools. This will provide you with five different tools.
- Bet Calculator which will allow you to calculate a payout for a given bet.
- Odd Converter that will allow you to see a wager's given odds in American, decimal, or fractional format.
- Margin Calculator to calculate the hold the book is collecting.
- Hedge Calculator to see how much you would need to hedge to guarantee a profit.
- EV Calculator to calculate the value of a wager based on the odds provided along with the probability of the wager.