formatOdds.js

formatOdds.js

// (Collect Amount - Bet Amount) / Bet Amount
// Ex: If the Collect Amount is $1,000 and the Bet Amount is $100, then the Odds are 9.00/1

// IF the Odds are less than 1.00, then there is a different formula of:

// (1/((Collect Amount - Bet Amount) / Bet Amount)) * -100.00  
// Ex: If the Collect Amount is $900 and the Bet Amount is $600, then the Odds are -200.00

const formatOdds = (collectAmount, betAmount) => {
  const collect = parseFloat(collectAmount)
  const bet = parseFloat(betAmount);
  const odds = (collect - bet) / bet;

  if(odds < 1.0) {
    return parseFloat((1.0 / odds) * -100).toFixed(2)
  }

  return `${odds.toFixed(2)}/1`

}

export default formatOdds