Use our odds converter to switch between fractional, decimal and american betting odd formats. Probability/Odds Conversion. Enter the probability % (eg. So for decimal odds of 3.00, you do this: 3 - 1 = 2. Free Parlay Calculator: Calculate Payouts on Any Number of ... Smarkets odds converter. Odds Converter - OddsMax Betting Tools Hong Kong Odds Explained This odds format (also known as HK Odds) works the same as Decimal Odds, but does not include the stake. 10. Fractional Odds e.g. Decimal For example, if you bet $10 at an odds of 3.5 the total returned is $35 ($10 * 3.5), but the potential profit is $25 ($10 * 3.5 minus the $10 stake). Example. Odds Converter & Calculator. How To Convert Odds - bettingexpert Academy The Odds Converter is able to convert odds by using the odds formats listed below. How to convert decimal odds to fractional odds. Probability To Decimal Odds Conversion. You can either convert fractional odds to decimal, or vice versa, and you also can see the probability for each of the odds in either format too. The Lakers had money line odds of -150 to win, while the Knicks odds were +250. An example of a fraction odd is 2/1 - this means that for every £1 a customer bets, you will receive £2 if the bet is to win. We remove the 0 and replace it with a 1 to get 1.75 . US odds = (2.50 -1) x100 = 1,50 x 100 = +150. InPlayGuru: Odds Converter It accepts American odds, decimal odds, fractional odds, Malay odds, Indonesian odds and Hong Kong odds, while also informing you of the implied probability of success. Fraction / British. Odds Conversion Table With Decimal, Fractional, US Odds ... This was one-way bookmakers could build margin into their books and also to the less informed punters it was easy to disguise the books total overround and profit margin by speaking in a fractional odds language that was quite niche. This number indicates the potential return for every $1 wagered. Fractional Odds (UK) Fractional odds express the net return (in fractional form) from a winning 1 unit bet. The decimal odds resulting from the probability %. Click on Add Bet to add the other wagers on your ticket. for 25% just type 25) Result Below you will see the result based on the details you've introduced. So how do decimal odds work? Betting Fractions To Decimals - How To Convert : Bet4bettor This doesn't mean that this is the player's EXACT chance of winning the game. 100 / (Decimal Odds - 1) After doing this calculation, the odds are rounded and a negative sign must be added. Betting Odds Converter: Convert Odds from any Format For example, if you bet €50 with odds of 2.35, you will receive €117.50 in total if you win. Free Betting Odds Calculator - RotoWire . Odds Converter Calculator - Smarkets Betting Exchange How to convert Decimal Odds to American Odds. While this is a perfectly good fraction, bookmakers never use numbers with decimal points in fractionals. Decimal Odds Explained - What Are Decimal Odds? Probability %. If you need to make a quick conversion, just check out the guide below: Positive Malay odds to decimal odds Remove the first '0' Replace it with a '1' Example: Barcelona have Malay odds of 0.75 to beat Manchester United in the Champions League. Probability To Decimal Odds Conversion. Again, an odds converter can do this math in seconds, so you can get the percentage of . To convert American odds to decimals, you simply carry out the reverse calculations. Step 1: Divide . (Also known as European) Used by most European bookmakers. When converting decimal odds to American odds there are two different formulas depending on whether you are converting odds of 2.00 or higher or odds under 2.00. American. This tool allows you to convert odds between decimal, fractional, moneyline and implied probability formats. Implied probability. Smarkets's odds converter converts decimal odds, American odds, fractional odds and percentage odds into your preferred odds format, so you can quickly identify the best odds across bookmakers and betting exchanges. This would be 3.00 in decimal odds, and 2/1 in fractional odds. To convert decimal odds of 2.00 or higher to American you must subtract 1 and then multiply by 100: American Odds = (Decimal Odds - 1)*100. When you place a parlay bet, you get much better odds than you would by simply adding the winnings of each individual bet together. Convert these fractional odds to decimals 2.10 and 2.20. Betting Odds Conversion Table Fraction Decimal American Implied Probability 1/5 1.20 […] The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. A 3/5 favorite is equal to -167 in American odds and 1.6 in decimal odds. For example, odds of 7.0 would be fractional odds of 6/1. $10 bet = $3.03 profit. Decimal Odds. Fractional to Decimal Odds. The easiest way is to use an odds converter, but if you'd like to calculate it yourself, minus one from the decimal, then convert to a fraction and reduce the fraction to its simplest form.. For example for decimal odds of 1.90: 1.90 -1 = 0.9; convert to fraction = 9/10 For example, when you use an odds converter to convert decimal 1.33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303.03. Decimal to Fractional Odds. The implied probability for these odds is 33.33%. Odds conversion table with probability. The converter calculator for odds allows you to quickly convert betting odds from American odds to fractional odds and decimal odds, which is really helpful for handicappers accessing lots of . Implied win probability = 76.7%. These odds shows the profit per unit staked and you also get back your stake. Above, 100 times 2.5 (5/2) equals 250. Decimal odds represent the total return from a winning 1 unit bet. Must be a number greater than 1. Decimal odds is an odds format typically used in Australia. Insert your odds below and the tool will automatically convert them to American, Decimal, and Fractional odds. Odds Converter Calculator. The Betrescue Odds Converter table converts decimal odds to fractional odds and vice version. Decimal odds = 0.2 + 1 = 1.2. Therefore, an odds converter allows you to quickly convert US Odds (such as +100) to UK odds (such as 1:1) to Australian Odds (such as $2.00). Example. Decimal odds are always presented in decimal format and may have no, one, or two decimal places. Betting Odds Converter. Our odds converter will allow you to instantly convert American, Decimal and Fractional odds and receive an exact payout for the amount you wish to wager. Decimal / European. To learn more about the ins and outs of betting odds we recommend reading our guide to betting odds. What are Decimal Odds? Procedure: Subtract 1 and convert to fraction. We use decimal odds throughout our app. In the fraction, the second number is the stake and the first number, the profit you will . Bet Amount e.g. To start with, you have to carry out the following calculation. Common worldwide, but mostly used in Europe. Moneyline / American. Because in a regulated market you will post up the original wager amount the calculation equates to your $100 wagered which you get back plus your $90 in earnings. To convert a Decimal odd of 2.00 or greater, you follow the below formula: US odds = (Decimal - 1) x 100. Moneyline / American. As a reminder, in cases where the decimal odds are 2.0 or greater the moneyline will come out a positive number and therefore the conversion formula is 100*(Decimal odds -1) instead of the (-100)/(Decimal odds - 1) used . e.g. Hong Kong odds are adopted by many Asian bookmakers. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. You can also convert to and from Implied Probability. The odds are simple to work out, and are a cross between decimal and fractional odds. Please note that 2.10 (decimal), 11/10 (fractional) and +110 (American) are all the same odds but just expressed differently. To see how it works in practice, here's is the calculation of converting the odds of 2.50 and 5.40 in US-style format. Converting probabilities into odds, we simply divide the probability by 1 less the probability, e.g., if the probability is 25% (0.25), the odds are 0.25/0.75, which can also be expressed as 1 to 3 or 1/3 or 0.333. Below we have put together some examples of how you can covert Decimal Odds to Fractional odds without using a table or calculator . This would be 3.00 in decimal odds, and 2/1 in fractional odds. $10 bet = $13.03 payout. Hence, decimal odds of 1.5000 imply that if a $1 bet were to win, $1.50 would be returned to the bettor (the $1 initial stake plus $0.50 in winnings), while decimal odds of 3.0000 imply that if a . American Odds e.g. Decimal Odds: 1.25. Read on to learn more about each odds format and the . By utilizing our odds converter you will be able to do sports betting odds conversion in an instant, and . Bettors will often have to go with whatever odds format is on offer . For example, you may see decimal odds of 2, 2.0, or 2.00. In this example, the odds suggest that the player has a 33.33% chance of winning the match. Decimal . If you worked out a probability, you can convert probability to odds here too. 0.5 x -100 = -200. While the "+" is not necessary it is considered proper notation when discussing American odds. You can convert between Decimal, Fractional, and American odds using BettingPremier's simple odds converter calculator. That single unit is best thought of as $1. This system allows punters to calculate potential returns simply by multiplying their stake by the decimal odds given. Decimal odds will be converted to the nearest standard American or Fractional . This tool allows you to convert odds between decimal, fractional, moneyline and implied probability formats. An Odds Calculator is a way to quickly and accurately convert odds from any popular betting format into all other commonly encountered formats. Example: Converting 1.95. What is an odds converter? They display as a number followed by a decimal point. Use our odds conversion table. For example: when decimal odds are 1.75, Hong Kong Odds are 0.75, so when Decimal Odds are 3.25, Hong Kong Odds are 2.25. American If your decimal odds are a round number, such as 7.0, then we simply subtract 1 from the decimal odds and apply a denominator of 1. For instance, 6/4 express in decimal odds is 1.5 + 1 = 2.50 (decimals always expressed to two places) If the number at the bottom of the fractional odds is larger than the number at the top, then the selection is 'odds on' - it is deemed to have more than a 50% chance of success. The good news is that our betting odds converter is simple enough to use so that even complete rookies can convert American odds to decimal. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. Fraction and decimal odds are the most popular format of odds used by the majority of online bookmakers. Enter any one of the four and the other formats will be automatically computed and displayed. Imagine that there's a big NBA game between the LA Lakers and the New York Knicks. Fortunately learning how to convert decimal odds to fractions is easy. We use American style (-500), but you can choose Fractional (1/5) or Decimal (1.20). This calculator allows sports bettors to quickly and accurately convert odds from one format to another. For favorites, you must add the minus sign . Decimal Odds are widely used across Europe, and in countries such as Australia and Canada. Just enter a value in any one of the fields and the value will be automatically converted to other formats. Odds can be displayed in many different ways, including as fractions, decimals and if you're in the USA, with a positive or negative sign. Fractional odds are based on the amount of winnings you will receive for a certain stake. Odds of 4/7 will be 4 divided by 7, which equals 0.57, then add 1 which equals Decimal odds of 1.57. Most bookmakers and operators offer odds in a decimal and fractional format and it's easy to . All decimals in the range in between were not offered. Decimal is one of many odds formats used by sports betting companies to present the likelihood of something happening or not happening. If you think the Dallas Cowboys have a 65% chance of winning the SuperBowl, you can convert this probability . To convert Decimal odds of 2.00 or greater to American odds: (Decimal Odds - 1) x 100 To convert Decimal odds of less than 2.00 to American odds: (-100)/(Decimal Odds -1) Hong Kong Odds. Here, you'd just input the information . +150. It will also calculate the implied . Odds Converter. It will also calculate the implied probability of . The betting odds calculator tool allows you to enter your odds in American, decimal, or fractional formats and translate them into the format you understand and need to place your sports bets. Input the odds you want to convert and a bet amount to calculate your potential winnings. Decimal odds of 2.35 would be (2.35 - 1)*100 = +135. Convert from Malay odds to decimal odds. We use decimal odds throughout our app. The odds are given as a decimal number based on a stake of 1, with the decimal showing the ratio of full return to the stake. = 1.25 . To calculate the margin that bookmaker offers convert the odds into probability and sum them. To be able to convert from Fractional to Decimal odds you first have to enter a fraction (such as 5/2). Fraction / British. Decimal Odds Conversion Formulas. Fractional Odds: 1/5 = 0.2. A winning $10 bet at 1.50 decimal odds would return $15.00 for a $5.00 profit (50% return). Keep in mind that when rounding values on odds converter you might see some discrepancies. So if the decimal odds show as 5.00 then you will get $5 returned to you for a $1 bet, if that wager wins. There are two steps to convert decimal odds into a fraction. How do you convert to decimal odds to fractional odds? Input your first wager in the Bet #1 slot. To convert odds of greater than 2.00, you must start with the following calculation. Convert the probability to odds. If you wanted to place a $10 bet on the San Francisco 49ers at -330, you could enter -330 in the odds calculator above. Basically, you must subtract 1 and convert into a fraction. Negative american odds - Negative 100 divided by (the decimal odds minus one) e.g. Convert Decimal to American. Likewise, a 2/1 bet in decimal form is 3.00, also meaning that for every £1 bet, you will . The key constant with betting odds is implied probability, the odds may look different but the probability of the outcome winning is the same.. Other useful calculators Implied Probability e.g. Converting American odds into fractional odds is simpler. To see how it works in practice, here's is the calculation of converting the odds of 2.50 and 5.40 in US-style format. Odds of -330: Decimal odds = 1.30. Under Odds Type, pick your odds style. Odds Converter. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. It will automatically convert the odds into all other formats. To convert implied probability to Decimal odds, use the following equation and example: Odds = 1 / Probability. Example: 3.40 - 1 = 2.40. The implied probability for these odds is 33.33%. Please use the below chart to convert odds between decimal, fractional and American prices according to your betting needs. Our odds converter allows you to convert between decimal, fractional and moneyline odds. With our parlay calculator, you can select how you want your odds displayed. Use our odds converter to switch between fractional, decimal and american betting odd formats. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Helping you to win against all the odds. 0.25 = 25/100 or 1/4. Read More Sports Betting Q&As Fraction. Converting probability to Decimal odds is a lot simpler than to American odds. With decimals you can see that your stake is included in the figure. Convert Decimal Odds to Fractional (UK) To convert from a decimal odd to a fractional, we simply take the decimal odd, and take away 1. To convert a Decimal odd of 2.00 or greater, you follow the below formula: US odds = (Decimal - 1) x 100. Betting Odds: Manchester United Decimal Odds 1.3 Arsenal Decimal Odds 9.0 Draw Decimal Odds 4.0. sum (odds.dec2prob (c (1.3,9,4))) 1.130342. This creates the decimal odds of 2.40/1. This will give us another decimal which we will convert to a fraction as you would any other time. Wed 1 Dec, 2021; 01:54 GMT; 21:54 ET (GMT-4) If you want to convert odds to probability, you would divide 1 by the decimal odds that are presented. Betting Odds Converter & Moneyline Calculator. E.g. Enter any one of the four and the other formats will be automatically computed and displayed. Decimal Odds e.g. For example, if you bet $100 at odds of 3.75, you will receive $375 in total if you win. Decimal or European odds (odds are represented by a decimal number): Favoured in continental Europe, Australia, New Zealand, Canada, and Singapore, decimal odds quote the ratio of the payout amount, including the original stake, to the stake itself. Calculation: 1.25 - 1 = 0.25. e.g. In this example, the odds suggest that the player has a 33.33% chance of winning the match. Must be a number from 0-100. Implied probability is just the percentage chance that something will happen. Decimal Odds / European Odds/ Continental Odds: Decimal odds tell you the amount returned for every one unit wagered. odds.dec2all Convert Decimal Odds to all other formats Description Convert Decimal Odds to all other formats Usage odds.dec2all(x) Arguments x A vector of Decimal odds Value A data.frame Examples odds.dec2all(c(1.93,2.05)) Start Trading. Procedure: Divide or solve the fraction and add 1. 2.50. 3/2. To convert this to American odds go back to our formula (-100)/(Decimal odds - 1) which calculates to a moneyline of -102. 40%. Decimal Odds. Converting probability to Decimal odds is a lot simpler than to American odds. The odds converter tool offers the easiest way to change between different odds format used in bookmakers and different betting sites, such as *Fractional*, *Decimal* and *American* and even the likes of Hong Kong, Indonesian and Malay odds. In horse racing, odds will dip to something like 3/5 or 5/7 which usually means that horse is a big favorite. Must be "+" or "-" and a whole number over 100. Converting odds of 2.00 or higher: You take . Decimal Odds. For each-way bets select the tick box on the right of the page if your selection has . Decimal / European. Converting from Decimal to American odds. Decimal odds are some of the most straightforward to read of all the formats shown on the odds converter. Represents the total amount you will receive if you win, including the return of your stake. Decimal. Odds Converter. (+400/100) + 1 = 5.00. To convert implied probability to Decimal odds, use the following equation and example: Odds = 1 / Probability. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. Hold (Rake) Expected Value. a decimal value of 1.2 = -100 / (1.2 - 1) = -500. Odds Converter. This doesn't mean that this is the player's EXACT chance of winning the game. If you think the Dallas Cowboys have a 65% chance of winning the SuperBowl, you can convert this probability . Shows the total amount you will receive if you win, including the return of your stake. Similar to decimal odds, the return can be determined by multiplying the odds and the bet. Decimal odds represent the total return for every $1 wagered, including the money you risked.. An American moneyline at -110 is 1.91 in decimal . This calculator allows you to input odds in any of the four major odds formats (American, Decimal, Fractional, or implied) and it will automatically calculate the other 3 formats for you. Share the calculator. So, if we have a decimal odd of 1.25, our fractional odd would be: Fractional Odd = Decimal Odd - 1. Also, this is very handy when creating your own tissue prices. To convert odds of less than 2.00, you minus 1 from the decimal and then times the answer by -100. The odds converter instantly converts fractional, decimal and moneyline odds into your chosen format and gives you the implied probability of the event occurring. For more information on betting odds and how they work, please see my Betting Odds Explained guide. So the calculation for decimal odds of 1.50 is: 1.50 - 1 = 0.5. Odds of -118 conversion (100/118) +1 = 1.85 Odds of -200 conversion (100/200) +1 = 1.50. Decimal odds = 2.50. Fractional to American Odds. Fractional Decimal Probability ; 1/5 : 1.20 : 83.3% : If the decimal odds are 1.90 and you wager $100 then if you win you will receive $190 (1.90 x $100). Convert Decimal odds over 2.0 to American: American odds = (Decimal odds - 1) * 100; Convert Decimal odds to Fractional: Fractional odds = Decimal odds - 1; How Parlay Odds Work. Betting Odds Converter. 2 x 100 = +200. Converting from Decimal to American odds. 100 / (1.95 - 1) = 105.25. Where as in using decimal odds at the betting exchanges with odds like 2.0 or 3.5, it is much quicker & easier to work out. You would see the following information as a result. For example, if the Toronto Maple Leafs have odds of 1.80, you would use the equation 1/1.80, which would result in 0.56, or a 56% chance of winning. Additionally, input the amount of your bet and it will calculate the payout you will receive. To convert positive odds to a decimal, divide the odds by 100 and then add 1. What are Fractional Odds? Calculate American odds, decimal odds and fractional odds with our very easy to use odds conversion tool. American odds are a little trickier, as they operate using positive and negative odds. Also See Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager. Decimal odds are the most popular type of odds around the world, and have two main advantages over American odds — they convert to probabilities much easier, and they're slightly more intuitive once you're familiar.. Probability % Below you will have to fill the probability (%) Probability %*. The implied odds field will display the win probability percentage from the odds entered. Divide the odds by 100, and then reduce it to its simplest form, e.g., 400/100 is the same as 4/1. The simple way to work out decimal odds is, the first 1.0 is your own stake money, therefore 2.0 is the same amount again & is equivalent to evens, so you get you get the same as your stake money back if you win & with . Skip to content; Free bets, betting, odds comparison, racing results, football scores at Betrescue . Must be a fraction, for example 2/1. Betting odds converter. The build margin is slightly over 13%. Bet Calculator. There are some basic steps bettors should take if they're going to start using an odds payout calculator, which look like this: - Enter the odds using one of the various formats; American Odds (-400), Decimal Odds (1.25), Fractional Odds (1/4), Implied Probability (80%).
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