Odds Simulator

Explore how CypherPit's parimutuel odds work. Adjust pools, votes, and wagers to see real-time odds calculations.

Entry Pool Distribution

$50.00
$30.00
7.5%
Total Pool: $80.00Net Pool (after rake): $74.00

Crowd Vote Influence

60
40
15%

Vote weight controls how much crowd sentiment shifts the odds. CypherPit uses 15% by default.

Calculated Odds

Pure Parimutuel
Artist A
1.48x (-208)
62.5% implied
Artist B
2.47x (+147)
37.5% implied
Vote-Weighted (Live)
Artist A
1.49x (-205)
62.1% implied
Artist B
2.44x (+144)
37.9% implied
A: 62.1%B: 37.9%

Payout Calculator

$10.00
Entry
$10.00
Odds
1.49x (-205)
Return
$14.90
+$4.90 winnings
Try It Live in the Pit

How Parimutuel Odds Work

Formula: Multiplier = (Total Pool × (1 - Fee%)) ÷ Amount On Your Side

Example: $100 total pool, $60 on A, $40 on B, 7.5% fee → Net pool = $92.50 → A = 1.54x, B = 2.31x

Crowd Votes: Votes blend with pool-based probability at the configured weight (default 15%), creating dynamic multipliers that shift with community sentiment.

Platform Fee: A small platform fee is taken from each entry pool to operate the platform. CypherPit never enters against you.