Our easy to use odds conversion table makes odds converter simple. How to convert betting odds into probability. To see how a. 10 bet formula math win R. An odds calculator is easy to use. 54%. Click on Add Bet to add the other wagers on your ticket. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. Sign up and deposit with 888 Poker using the promo code ACTION888 for a chance to play against Darren Rovell in a $10,000 tournament. pro and college sports including the NFL, NCAA, NBA, MLB, NHL to Golf, Tennis & NASCAR Events. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. Negative Moneyline odds will always convert into decimal odds with a price of less than $2. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. For example, you could enter American odds such as +140 into the calculator, and this will automatically convert to 2. , 400/100 is the same as 4. It’s even less obvious when you’re working with American odds and decimal odds. American odds: Displayed as a “+” or “-” followed by a number. Examples: 1. Most betting sites provide each odds option. 15 decimal odds, 23/20 fractional odds, 1. If Negative. If you want to bet on Golovkin to win the fight (8/13 odds), calculate your winnings by multiplying your wager by the quotient of 8 ÷ 13 (0. Negative odds indicate losing a large amount per each lost bet. 3rd Step. To remove the juice from moneylines the first step is to convert the betting odds to implied probabilities using risk/return=implied probability. If you bet $100 on the Giants and they win, you win $150. Baseball side bettors rarely bet any games at –110, and even if all you do is bet football and basketball point spreads and totals, you’ll have bets at –110, +105, –115, +101, and so on. You can also convert the odds manually with the following formula: Divide 100 by a negative number (minus. 50 – 1 = 0. See moreUse this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. How much do you need to risk if you want to win $25 betting on the Giants at -225 odds? Convert the odds to a decimal (so. Favored odds such as -160 would be 100/160= 13/21. Decimal. How to Convert American Odds to Decimal Odds. Decimal odds = (100/American odds) + 1. If you have decimal odds of 2. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. 40 for Indonesian/Hong Kong odds, and -0. To calculate the decimal odds of a bet, you only need to know the winning and losing chances. You would see the following information as a result. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. Example, US2Win(-120,120) = 100, or US2Win(-110) ? 0. 6 into the following formula to convert back to. That’s it! There are two calculations for this conversion too. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. Decimal = Hong. 5. 30. 00 – 1) = 5 => 5/1). If the fraction is smaller than 1, it is known as odds-on, which is the same as negative American odds. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. 50 is: 1. Fractional. Next enter 18. The second calculation table below will convert from decimal odds to American odds and decimal odds to fractional odds. 2 = $12. 20 plus the original $1 stake. For any bet that has a handicap value set (ex: a point spread of -6, total of 43, etc. The formula to calculate the expected value of odds is as follows: (True probability of the outcome * Profits of the bet if win) – (True probability of the other outcome * Initial stake on the bet) Sharp odds same outcome: 1. Fractional Odds, 7/4. ‘moneyline’ odds are used. 10/11. To convert it to decimal odds, divide the numerator by the denominator and add 1. producing a probability with 1/2 < p < 1 1 / 2 < p < 1. 75. American odds to decimal For positive odds, add one to the American odds divided by 100. The “fair” win probability for the above example is that Ohio State should win the game 62. 14 into the odds converter (7/50 fractional and -714 American), it states that there is an implied probability of 87%; this percentage represents the bookmaker's predicted likelihood of the outcome occurring. 50. How do you Convert American Odds to Decimal Odds? American odds are the same as money line odds, and they are often written as the amount you would win based on a $100 bet . Learn more. 11/4 = 3. Let’s consider fractional odds of 3/2. If you bet $100 with +100 odds, you’ll receive $100 in addition to your original $100 for a total of $200. In general, you want to convert your odds to a decimal format and multiply the decimal odds by the amount of money you wagered. Odds for favorites are accompanied by a minus (-) sign. Find out how much you'll win on any parlay. To convert negative odds, you create a fraction by putting. While this conversion to -303. For example, if you want to bet $100 on the Cincinnati Bengals’ moneyline odds and know their American odds (+285), insert those odds into the calculator. For example:0. For the sake of explanation, let's look at converting negative American odds: odds / (odds + 100) * 100 = implied probability. It depends on the one you prefer. What are American odds? Also known as US odds or moneyline odds, American odds are the default betting odds used by American sportsbooks. With a mix of odds, you can’t judge your win loss record the same way as a pure –110. Convert odds to a fair win probability like this: producing a probability with 0 < p ≤ 1/2 0 < p ≤ 1 / 2. Odds are a bit different in that they usually give the ratio between two events. That means the bookies estimate an Aston Villa to be very unlikely, at a probability of 13. Underdogs. 100 over the relevant number (ignoring the negative sign). The implied probability of winning column on our odds converter is also useful, because it tells you whether you are betting on a heavy favourite or an underdog. You then multiply the top and bottom numbers by ten until there are no decimal places left. 85), fractional odds (57/20), and implied probability (25. Step 2: If Positive. Many bookmakers support all three odds formats. The Excel Parlay Calculator is a very simple sports betting tool. OK, now let's convert our American odds to probabilities. Fill in the odds from the example and we get: Implied Probability =100 / (650 + 100) x 100% = 100/750 x 100% = 13. 15 for Indonesian/Hong Kong odds, and -0. To convert a decimal of 2. This betting tool allows you to convert odds between the most widely used odds formats. 97 x $100 minus your initial $100 stake). 5/1 or 7/2. For the second method, you’ll divide the American odds by 100 and deduct 1 from the answer. All you need to do is enter the odds of each leg of your parlay into the “Odds” column: The spreadsheet allows for both American and Decimal odds. For favorites, you must add the minus sign. g. 66. Simply enter the odds into the box below and we will automatically convert it for you. To convert decimal odds to fractional odds, you need to do the reverse. g. For Negative American Odds: Fractional Odds = 100 / (ABS(American Odds)). Implied. So, Nate Diaz at +110 in American odds can be worked out as: (110 / 100) + 1 = 2. If you were to bet $100 in that situation, your Expected Value would be -$4. 25 the American Odds are +125. 00 or higher: (Decimal odds – 1) * 100. +1800). However for many sports and markets such as American Football, Boxing etc. 1 – (100/Odds) = decimal odds. Many bookmakers support all three odds. Dutching Calculator- Odds changed since you placed your last bet? Use this calculator to determine the stakes necessary to guarantee a fixed. For example, to convert odds of 1. 67. If the decimal odd is greater than or equal to 2, apply this formula: A = (D - 1) x 100. If the American odds are positive (underdogs), convert using this formula: (American odds / 100) +1. For example, a favorite of four points in the NBA might have a money line of around -184. For every $1 wagered, the bettor profits 71. For negative American odds, it’s [odds] ÷ [odds +100] x100. For Decimal odds that are higher than 100 include. One tool to improve a poker players odds is the ability to count outs. Here you need to choose the proposed bet amount from 1 to 100 units. Let’s use Super Bowl 57 as an example. So it’ll show that the Browns had odds of +125 to win, while the Saints had odds of -200 to win. Multiply your bet amount with the multiplier. Simply enter your odds into the calculator below and then click outside of the table to instantly see the odds in additional formats. The calculator will show your profit amount (“To Win”) as well as your payout amount (“To. We have made the conversion of odds on this calculator as easy as possible. Calculate the implied. 25) odds and your total stake, and immediately calculates your potential winnings & payout for the bet. For example: Why you have to win 52. American Odds. Step 2: Input the amount of money you want to stake. For example, decimals odds of 200. To convert back from American to decimal odds for positive odds, use this formula: 1 + (American odds / 100)How to convert American odds to decimal odds? To convert American odds to decimal odds, you need to choose the formula based on whether the American odd is an underdog (positive number) or a favourite (negative number). Enter any one of the seven inputs and the other six will be computed and displayed. 67%. 7:06 p. It’s 1 minus (100 divided by the US odds). Convert Decimal (European), Fractional (UK) and Moneyline (American) oddsConvert the American odds to decimal odds. American odds: Los Angeles Lakers +150: If you bet on the Los Angeles Lakers moneyline and they win, you would receive a profit of $150 for every $100 wagered. Secondly, you can use any bet type you can imagine. To read decimal odds and calculate your potential winnings, all you need to do is multiply the decimal number by your stake. Enter the odds. Use this odds calculator for all types of bet, including each way bets. 7% chance to win this game. 3% which can then be converted to fractional odds of 2/1. American Odds & Moneyline Calculator. 615). 0. 2. Malaysian odds are expressed in decimals, either positive or negative. Larry Hartstein 55-31 (64%) L86 PROPS. 50 – 1) x 100 = 1. 43%: ( 250 100 + 250 × 100 ) . Unlike pre-match arbitrage, which relies on discrepancies in odds before a game, live arbitrage focuses on exploiting the fluctuations that occur during gameplay. If the odds are positive, apply this formula: 100/ (odds + 100). American, decimal, fractional odds, and implied probability can be calculated. Find out how to convert American Odds to Decimal odds, as well as Fractional and Implied odds. Betting odds is a payout ratio that has the house profit margin built into it. -100/-140 = 0. The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. This means positioning the decimal number as the numerator and 1 as the denominator. Betting odds calculator allows you to insert your odds and automatically convert them to American, Decimal, and Fractional odds. Odds Calculator. Imagine that there’s a big NBA game between the LA Lakers and the New York Knicks. Odds format american +125 decimal 2. $10 x 1. Supports all major formats including decimal, fraction and american. To convert odds from American odds lines to fractional bets, remove 2 zeros from underdog odds and put the resulting number over 1. Odds of 1/3 convert to American odds of -300. -100 divided by 1. Implied Probability to Odds Calculator for Sports Betting (Percentage to Odds) Find the best sports betting tools here: calculators, excel spreadsheets, odds comparison, and more. Learn about the Hold Calculator This is the Unabated Hold Calculator where you can see how much theoretically a sportsbook may hold on any given wager. The odds calculator at the top of this page can help you convert American Odds (such as a bet offered at -110) into decimal odds and vice versa. For example, if you successfully bet $10 on odds of 3. American odds (aka moneyline odds) are numbers like +150 + 150 or −400 − 400 used to express how much a winning bet would pay out. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. American It is important to pay attention to. US odds. The odds calculator shows the amount of money. Example #2: Betting 3. 2 minus 1 multiplied by 100 equals 220). Example, Rounding = 2, format 0. An odds converter calculator is a tool that allows bettors to convert between different odds formats and implied probabilities. Pick the original format of odds. 4 = $40 net profit. Multiply the decimal odds together to get your multiplier. They will allow you to convert American odds to decimal odds simply and easily. Convert American Odds to Decimal Odds. Bet 1 has odds of 1. And at first they appear a little confusing. The formula is different when the American odds are negative:Potential Profit = Stake x (Odds/100) Since you also get your stake back with a winning wager, this needs to be taken into account when calculating your total payout. Simply multiply your bet amount by the decimal odds, then subtract the bet amount out of the total payout to calculate your winnings. 80 in US format: Decimal odd = 1. Imagine that you believe that the Oakland Raiders have a probability of 60% to win an NFL game but you want to know those odds in American format, you will convert it as follows: Because the probability is bigger than 50%, you will need to convert it to Minus American odds. 5 x -100 = -200. Fractional. g. Question: How do I convert decimal odds to American odds? Answer: If the decimal odds are greater than 2. -100 ÷ -200 = 1/2Double 1: Double 2: Double 3: Treble: Total Return: Total Profit: A Trixie bet is a type of wager that involves placing four bets on three selections. 40 (decimal odds), but you can use a betting odds calculator to turn it into American odds. Decimal odds, most popular in Europe, are fairly straightforward. For Decimal odds greater than or equal to 100, preface the odds with either a “0” or a “d”. 97%). MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and. g. The odds calculator shows the amount of money. It allows users to quickly and easily convert betting odds into total payouts. So 4. 3% before) and Utah should win the game 37. A tool like our moneyline calculator can be crucial to a. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and more. 22, meaning a team or horse that’s 7/2 has an implied win probability of 22. Enter the odds. This is a great tool to use to help you decide on whether a bet is likely to. By clicking the convert button, the odds converter will provide the other variation of odds, which is as simple as that. Our odds converter allows you to enter your odds in one format (American, Fractional, or Decimal) and it will show you your odds in the other formats as well as the. 100 / (positive American odds + 100) X 100 = implied probability. If you wanted to place a $10 bet on the San Francisco 49ers at -330, you could enter -330 in the odds calculator above. The “implied probability” is a mathematical expression of the percentage chance of the selection you are choosing being successful. The main drawback is the price. The vig percentage represents how much “vig” or “vigorish” the sportsbook is charging you. 00 in US format, you use the below formula instead: US odds = (-100)/ (Decimal -1) Let's convert now the odds of 1. Converting Decimal Odds to American Odds. You can find some common examples in decimal, fraction, and percentage probability. American odds, also known as moneyline or US odds, are expressed with either a positive or negative number. But simply just add your american odds into the calculator above, along with your stake and the Pickswise odds calculator will take care of the rest. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. Where the American odds have a positive value, simply divide them by 100 and then add 1. 00 has an implied probability of 33. Enter the correct odds in decimal form. The formula that is used to compute the odds for the occurrence of an event, p p, given its probability is shown below: Odds = displaystyle frac {p} {1 - p} Odds = 1−pp. Use the Bookmakers. 7%. This odds conversion tool converts between US, decimal, fractional, Hong Kong, Indonesian, Malay odds, and. Arbitrage exists because bookmakers set their odds independently; in other words. This is how they look: 1. Then, multiply those decimal odds together for the overall odds for that parlay. S. The Moneyline odds show how much you need to bet to win $100 (if Moneyline is negative) or how much you would earn if your stake were $100 (if Moneyline is positive). Set a bet amount. Use this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. a decimal value of 3 = (3 - 1) * 100 = 200. Positive figures: The odds state the winnings on a. According to a study by the American Gaming Association, legal sports betting in the United States generated $13 billion in revenue in 2019, with an estimated $4. This calculator uses decimal odds, so you can't use fractional odds used in the UK or American odds. 15 (10 x 0. 25 or 25%. Add more odds if needed. g. This percentage factors in the bookmaker. 50 x 100 = + 150. An odds calculator is easy to use. Use this bet calculator to easily calculate and convert between american odds (moneyline odds), decimal odds, fractional odds, and implied odds. American odds are calculated on winning or wagering $100 on a given bet. It depends on the one you prefer. 91) and -188 (1. Convert Odds Between Fractional, Decimal and American Odds Converter; How Do Betting Odds Work? - Fractional Odds Explained. 50. 00, you minus 1 from the decimal and then times the answer by -100. A +400 American Odds bet would mean you win $400 for a $100 bet, meaning a total return of $500, meaning the bet odds is 4/1. A double bet pays about 2. It is most commonly used in the United States and differs from decimal and fractional odds. The decimal odds price equivalent is 1. For example, if the odds are +200, the calculation would be: Decimal odds = (200 / 100) + 1 = 2. To convert American odds to implied probability for favorites, you have to divide the absolute value of the odds (just the odds except positive) by the sum of the absolute value of the odds and 100. Below, you’ll find a couple of examples for converting American odds into decimals. With the Odds converter, you can easily change the view of a particular odds from Decimal to Fractional, American, Hong Kong, Indonesian, and Malay. However, you’ll always need to convert the fraction into a decimal, dividing the numerator by the denominator. Odds: 8. American odds are the amount of money you’d need to risk, in order to win $100 of profit. Simply input a figure in any of the fields above, click submit and the rest of the form will populate. Check the final result. Divide the odds by 100, and then reduce it to its simplest form, e. If the American odds are positive (underdogs), convert using this formula: (American odds / 100) +1. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. When the American odds is a positive number, divide it by 100 and add 1. That equals 22. 25 is 1/4 Kelly) US Odds: (1. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. Below, you’ll find a couple of examples for converting American odds into decimals. 0. 83 x $50 = $41. If you still want to use American odds but only see a line in decimal odds at a European sportsbook, you can make the conversion. So that same event that had a roughly 50% chance of. Giants plus 150. Take away one from the decimal value and multiply it by 100. 1) Convert the American odds from each leg of your parlay into decimal odds. 64. 1/2 odds = -100 / (1/2) = – 200; How to Convert American Odds to Decimal Odds. 60 (i. To win $100 for a Cowboys win, you have to bet $170. A horse that is 7/2 would be calculated as 2/ (7 + 2) x 100. This is helpful in handicapping because you can see just what percentage of your wagers you need to win at each given money line in order to profit. Implied Probability is a percentage that is derived by converting the given betting odds that represent the likelihood of that outcome occurring. You win $700 profit per $100 staked. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool . All U. Implied. For negative American odds, take -100 and divide it by the decimal odds minus one. 11% (European) and 7. American odds = ( (numerator / denominator) + 1) x 100 if the fractional odds are below 2. Fractional. 5 / 1 = 7 / 2 (after simplification) Converting Negative American Odds:. Meaning you would need to wager $200 and $1500, respectively, to win $100. You then multiply the top and bottom numbers by ten until there are no decimal places left. You either lose $135, win $100, or your wager is a push. Negative american odds - Negative 100 divided by (the decimal odds minus one) e. Decimal: Fraction : American (Moneyline)First, using a betting odds converter, convert American odds into decimal odds. Probability = 150 / (150 +100) Probability = 150 / 250. How to convert Decimal odds to American odds. Example: Converting -110. To convert American odds to decimals, you simply carry out the reverse calculations. Learn how to calculate the implied odds and true odds of a bet using the betting odds calculator. A sports betting arbitrage calculator, or hedge bet calculator, shows you how to hedge a bet for a profit and lock in a risk free return. You can also divide a favorite's betting risk as displayed by 100, put the resulting number right or under 1, then add the sums of both sides to themselves until each displays a whole number. +100 in American odds, as an example, is equal to 2. Moreover, the built-in payout calculator helps ensure that users of the best betting brokers get the most value from their bets. 2 = -100 / (1. g. Choose from American, decimal, fractional or implied odds formats and see the. 00 or . American odds converter. 1st Step. To Convert Positive American Odds to Fractional Odds, divide the American odds by 100, turn the decimal into a fraction, and find the. 1. To convert something to be "1 in N", you simply take the reciprocal. 9%. 00 = 2/1 = +200 Decimal odds (also called "European" for their origin) is the most popular format in the world. Decimal to American. You can mix and match various odds formats. Get free picks & predictions. e 60%) So the bookmakers are suggesting the Knicks are a 60% chance of winning the game. To do this, let’s go back to ninth-grade algebra. Learn how to calculate your return with percentage odds. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. 2nd Step. E. g. Then simplify if necessary. 50 – 1 = 0. 5), but the potential profit is $25 ($10 * 3. 97%). Dragovich said Nebraska invited him out for. The formula to convert American Odds into Decimal Odds is as follows : Step 1: Determine if odds are positive or negative. Step 1: Convert -110 American Odds to Decimal Odds. When American odds are positive, the figure indicates how much money will be won on a $100 wager (this is done for an. 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 Odds. Here, you’d just input the. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. 100 / (250 + 100) X 100 = 28. Fractional Decimal American Implied Probability; 1/5 1. The tool will then calculate and display the same odds in the other formats and also show the implied probability. We convert this fraction into decimal odds by taking 5, dividing it by the 2, and then adding 1. The formula is different when the American odds are negative: Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. It is also easy to convert American odds to fractional or decimal odds, and can easily be done using our online odds converter. In the poker world, an out is defined as a card that will improve your hand. Odds of +120. 667%. 286 or -350 in American notation. A positive or plus (+) sign in front of the odds quote means that the odds displayed indicate the winnings that will be returned from a $100 bet. The odds indicate how many times your stake will be multiplied in your total payout. 33 = 1/3 = -300 2. Odds Converter. Money Line Calculator (Implied Probability Converter) The following chart shows how likely a team is to win based on the odds. Use it freely!. Odds conversion. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied Probability. 15 for Indonesian/Hong Kong odds, and -0.