Therefore, make sure to use our Net Wins calculator to make sure you get the right amount of prize money. This is especially important if you intend to become a professional or semi-professional gambler. Calculating your net winnings will make it easier for you to keep better track of your total profits and losses. When gambling, you will either win or lose money every time you make a wager. the pot), while your net winnings would equal $90 USD (the pot, minus your initial bet of $30 USD). If you were to win, your total / gross winnings would equal $120 USD (i.e. You can calculate your net winnings by subtracting your initial wager from your total (gross) winnings.įor example, let’s say you bet $30 USD during a hand of poker to compete for a total pot of $120 USD.

The term “net winnings” refers to the real profit a player makes from a stake. For instance, If you place in bet $10 and win $10, you will have $20 altogether and your net winnings are $20-$10 (your initial bet)=$10. Net Winnings – total winnings minus a wager.