Check the final result. It also calculates the implied probability of the bet and the profit if the bet wins. To convert minus (-) American odds, divide 100 by the odds and convert them to a fraction. The second calculation table below will convert from decimal odds to American odds and decimal odds to fractional odds. American It is important to pay. If the decimal odd is less than 2, apply this formula: A = 100 / (1 - D) where D is. 14: 88%: 1/6-588: 1. sportsbooks default to what we call "American odds" — which are centered around winning or risking $100. So a +100 underdog has a better chance to win than a +300 underdog. Fractional odds are represented as fractions, for example 2/1 or 6/4. Let’s use odds of +500 and -500 for these examples. Step 2: Calculate Payout. There are two possibilities: the figure quote can be either positive or negative. In the poker world, an out is defined as a card that will improve your hand. American Odds. Question: How do I convert decimal odds to American odds? Answer: If the decimal odds are greater than 2. Fractional. 2. Open the Paddy Power odds converter page; Type the odds (+130) into the box that currently represents its odds type – in this case, American; Look to the decimal odds or fractional odds boxes to instantly see the converted odds; In this case, the boxes will read +130 American, 2. This means a $100 bet would potentially win you $200 in. If the odds are 0, then it is an exact 50/50 bet and will pay out 1/1. Sorted by: 6. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied Probability. To convert a decimal of 2. So the calculation for decimal odds of 1. Because it’s a negative number, you’ll use the equation (100 divided by odds) + 1 = decimal odds. 3% before) and Utah should win the game 37. 00 or higher: (Decimal odds – 1) * 100. 5%. Whether you use the Decimal or American format, you’ll get the best betting odds with Pinnacle, the ultimate bookmaker with the highest limits and lowest margins. For Joe’s Parlay, the American odds would be: (11. To convert American odds into decimal, divide the American odds by 100 and add 1. 50 – 1 = 0. Fractional Odds. This is when a sportsbook gets the odds wrong. 00: American = (decimal – 1) * 100 (often expressed with a + in front, e. 54%. 50 = 6/4 = +150 3. 20 – 1 = 1. Divide the odds by 100, and then reduce it to its simplest form, e. 00. To convert American odds (including -110) to other odds formats and to calculate your payout, use our handy and free odds calculator and converter. To determine the payout, multiply the result by the wager. Plus odds represent underdog odds and will tell you how much you’ll win if you bet $100. Enter the odds. 4 = $40 net profit. Conversion formulae and examples are also provided. If you have a specific bet or odds you wish to convert, use Pinnacle's Odds Converter. The Eagles were -125 and the Chiefs were +100. Add the positive sign, and we get +400. 90909. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. Most betting sites provide each odds option. You can use this tool as an odds on calculator. An odds format converter that allows you to convert betting odds to and from: Fractional odds, Decimal odds, American odds, Moneyline odds, Malay odds, Indonesian odds, Hong Kong odds, and Implied Probability. For example, a net payout of 4/1 would be quoted as +400. Simply input a figure in any of the fields above, click submit and the rest of the form will populate. The expected value of a $100 bet on Rams +110 is equal to $5, as seen in the calculator. 3% which can then be converted to fractional odds of 2/1. Divide 100 by negative odds and add one for negative American odds. You can find some common examples in decimal, fraction, and percentage probability. 5) Fractional Odds (3/2) Hong Kong Odds (1. 91. Welcome to our odds value calculator. To remove the juice from moneylines the first step is to convert the betting odds to implied probabilities using risk/return=implied probability. For converting moneyline to decimal, when the moneyline price is positive divide it by 100 and add 1. The FreeBet calculator is one of the best calculators you will find online. 40. 30 x $50 = $165. 200 ÷ 100 = 2/1; When dealing with negative odds, this is the formula that you should use:-100 ÷ Negative odds = Fractional odds; Let’s convert -200 to fractional odds. Calculator for Sports Odds. They will allow you to convert American odds to decimal odds simply and easily. 5 minus the $10 stake). 6667) Implied Probability (%) Calculate. 2-Way 3-Way Selected Odds Format: American; Decimal; Fractional; Implied probability. How to use this odds conversion & implied probability tool. Multiply your bet amount with the multiplier. The yellow fields above are input cells. 15 decimal odds, 23/20 fractional odds, 1. 66. American Odds (+150) Decimal Odds (2. Enter the correct odds in decimal form. Texas A&M Aggies vs Florida Atlantic Owls Odds - Friday November 24 2023. If both favorites are priced at -200 (1. 50. American - Moneyline. 2 - 1) = -500 American odds. Step 1: Convert -110 American Odds to Decimal Odds. 0. If, on the other hand, instead of knowing. 43%: ( 250 100 + 250 × 100 ) . You can also convert to and from Implied Probability. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. m. 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. When odds are expressed with a plus (+) or minus (–) symbol followed by a number. 00, you minus 1 from the decimal and then times the answer by -100. 90% (American). American odds cannot simply be multiplied together — each. 22:. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83. (y – 1) x 100. The implied probability calculator helps bettors compare the implied probability of a betting market against the actual “fair” probability of that market. american odds of . Moneyline (or American) odds are popular among the United States bookmakers. Converting odds into probability, we divide the odds by 1+ the odds e. 5. 632 -> True probability: 0. The table below shows some typical pricing in all three formats and the corresponding implied probability. We have several different calculators here and in many ways, this odds calculator is our easiest to understand. The conversion from probability to odds is usually referred also as a risk to odds conversion. Bet 1 has odds of 1. American Odds. American odds are calculated on winning or wagering $100 on a given bet. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. g. 5% from both win probabilities, then finding the odds associated with the now “fair” win probabilities. Multiply the result by 100. American odds = ( (numerator / denominator) + 1) x 100 if the fractional odds are below 2. The “implied probability” is a mathematical expression of the percentage chance of the selection you are choosing being successful. 0 x 5, or £55 in total. (5 – 1) x 100 = 400. 5 minus the $10 stake). Convert odds from American to Decimal; Convert American odds to an implied win probability percentage; Return the profit of a given bet if it wins; The betting odds calculator will work for all types of bets: point spread, moneyline, total, or props. American odds, also known as moneyline or US odds, are expressed with either a positive or negative number. 2. Note that the payout displayed includes your original bet. ‘moneyline’ odds are used. , 400/100 is the same as 4. American odds are often used in the United States, Canada, and Australia. 50 and 1. 1 – (100/Odds) = decimal odds. Sure, but we do the hard work for you with this American odds converter. Converting positive American odds to Implied odds. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool . 25 the American Odds are +125. Step-by-Step Conversion from American Odds to Decimal. American It is important to pay attention to. $10 x 1. ODDS CONVERTER. Fortunately, there are tons of free calculators available online that you can use to convert odds within. I came here looking for a function to use in my Excel worksheet to convert American odds to decimal. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. The odds calculator shows the amount of money. Fractional odds work similarly to American odds; they just don’t assume a $100 wager. If this ease of use is not enough reason for you to start using a betting odds calculator, then perhaps you will be convinced by the concept of being able to. As far as free betting tools go, the odds converter is possibly the most straightforward. Then add 1 to get decimal odds of 6. For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount. Joined Apr 24, 2018 Messages 2. Firstly, you can set up the calculator to work in Fractional, American or Decimal odds. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. 2 minus 1 multiplied by 100 equals 220). The average american odds give me -149, which convert to 1. You then multiply the top and bottom numbers by ten until there are no decimal places left. Probability = 150 / (150 +100) Probability = 150 / 250. Quickly convert to and from: fractions, decimals, American, European, money line & probability percentages. Then, multiply those decimal odds together for the overall odds for that parlay. Take away one from the decimal value and multiply it by 100. How to Convert American Odds to Decimal Odds. American odds are the most popular odds format in the U. 0000 could. American Odds To Fractional Odds. Rapidly convert a set of odds from American odds to fractional odds, decimal odds, implied probability, Hong Kong odds, Indonesian odds of Malay odds using the betting odds calculator. Fractional American Decimal Implied Odds; 1/10-1000: 1. Hit convert to see the odds in all formats. 00. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. Simply put in your bet amount and the odds in any format, and our calculator will show you how much you would win, your odds in the other formats, and the implied probability of the chance of winning. Decimal odds = (100/American odds) + 1. e 60%) So the bookmakers are suggesting the Knicks are a 60% chance of winning the game. Just like how you’d have to wager $220 to win $100 on a -220 favorite, you’d wager $22 to win $10. Arbitrage exists because bookmakers set their odds independently; in other words. To calculate the decimal odds of a bet, you only need to know the winning and losing chances. Erik Kuselias 29-11 (73%) L40 PROPS. 0 and the fractional odds 3/1. S. 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. The formulas to convert American odds to implied probabilities will be slightly different if you're converting a negative moneyline (favorite) or positive moneyline (underdog). 45. The formula to calculate this probability is relatively straightforward. If you need to convert a +210 to a fraction format, it would be 210/100= 21/10. 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. 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. Works simply as an odds converter if no bet is entered. American Probability The value automatically updates once there is an input. 91 x 2. Use this odds calculator for all types of bet, including each way bets. Fortunately, there are tons of free calculators available online that you can use to. The odds converter instantly converts fractional, decimal and moneyline odds into your chosen format and gives you the implied probability of the event occurring. 0. 8%; 1/4Minus American Odds Conversion. 10/11. To calculate the American odds based on probability, use one of two formulas: In case of more than 50% probability of an. Why use an Odds ConverterOdds Calculator. odds converter. 1st Step. Using -300 as an example, the formula would be 1 + (100 ÷ 300) = 1. For the sake of explanation, let's look at converting negative American odds: odds / (odds + 100) * 100 = implied probability. Bet Amount. Zcode System’s odds converter allows you to convert odds from American to decimal to fractional with ease. Converting positive odds: You divide the American odds by 100 and add 1. Decimal to American. For example, if the odds are -150, the decimal odds would be 1. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. Just like converting fractional odds to American odds, to convert American to decimal you need to determine if the original price is a positive or negative number. A negative value of -200 says. Enter the odds & stake and our bet value calculator will do the rest. This article explains in detail how to convert the three most popular odds formats in the world - decimal, fractional and American - into their implied probabilities and how to. If Negative. 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. 97%). This gives both outcomes a win probability of 52. -- Your result will display here --. Convert Odds to Probability. It tells you to expect a $9 payout (including an $8 profit and the return of your $1 stake) for every $1 you wager. Let’s first show how to convert standard American odds to fractional odds: Positive odds ÷ 100 = Fractional odds; Let’s convert +200 to fractional odds. To convert negative odds, you create a fraction by putting. Step 2. You can also view corresponding odds by their implied probability of winning (expected win %), as well as calculate payouts for sports bets based on the amount wagered ($100. With this calculator you can calculate the probability of an event, based on the odds, Odds Converter is a quick, simple tool to convert fractional, decimal and moneyline. Simply enter any fractional (British), decimal (European) or moneyline (American) odds and click "Calculate". 00 is used by default). 4, you do the following:American odds, also known as moneyline odds, is a type of betting odds used in sports betting. In this case, you’ll receive $16. You can look up fractional, decimal, american odds and implied probability simultaneously. Implied Probability is a chance of winning percentage. k. How do I convert American odds to Decimal odds? To convert American odds to Decimal odds, you can use the following formulas: For positive American odds: Decimal odds = (American odds / 100) + 1. For example: when Indonesian odds are -1. An unbeatable betting experience. 5 x -100 = -200. Malaysian odds are expressed in decimals, either positive or negative. Minus odds represent favourites and will tell you how much money you need to risk to win $100. Example. CalculatorsFor example: Say I make two bets at -110 (1. For example, to convert odds of 1. To convert odds of less than 2. The calculator to the left can be used to remove vig from 3-way markets such as 1X2 used in football (soccer) and sometimes hockey. The calculation for converting fractional odds to US odds differs depending on whether you’re converting odds over 1/1 (an underdog) or under 1/1 (a favourite). 3. 5. We have made the conversion of odds on this calculator as easy as possible. It makes the perfect sports betting calculator, putting odds into your preferred format and telling you exactly how much you can potentially win. , 3. To convert underdog odds to decimal odds use the formula (+x /100) + 1 +400 American odds (400/100) + 1 4+1 =. Live betting odds and lines, betting trends, against the. Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. 50 and the American variation of +150. A tool like our moneyline calculator can be crucial to a. There are two calculations for this conversion too. 50, the conversion to American odds would be: American Odds = (2. To Fractional. To convert minus (-) American odds, divide 100 by the odds number (without the minus sign) and change that quotient to a fraction. To calculate what you actually won, subtract your initial bet from the total payout. In other words, odds of 1. Note that by using the default value of 1 for wager size, these two functions effectively convert from US/decimal odds to fractional odds. For negative American odds, take -100 and divide it by the decimal odds minus one. Implied Odds. Simply enter the market into a no vig calculator to determine fair win probability. For example: A $100 bet at 1. $10 bet = $3. For example, you could enter American odds such as +140 into the calculator, and this will automatically convert to 2. American odds are usually in 100s for example 300 is the same as the decimal odds 4. Enter the Odds for your bet and our Margin Calculator will work out the probability and the bookmaker's margin. 300/100 is simplified to 3/1. This is a straightforward way to remove vig from odds and get you closer to the. Rounding. However, it’s also arguably our most important. So for Lions +500, the formula is (500/100) + 1, which equals 6. Moneyline odds, also known as ‘American odds’ are probably the most foreign odds format to those of us outside of North America. Step 2: If Positive. If the odds are negative, apply this formula: odds/ (odds + 100). Example: If you want to determine the potential payout and implied probability for an NFL game with American odds of -200, you can input the odds into the calculator. Odds Conversion Chart. 5), but the potential profit is $25 ($10 * 3. For favorites, you must add the minus sign. S. The total cost of the ticket will appear next to the words Ticket Cost. g. moneyline), Decimal, and fractional odds. a decimal value of 3 = (3 - 1) * 100 = 200. 2, use this formula: -100 ÷ (1. To calculate your profits only, simply follow the formula: Wager x odds. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. To convert from American odds to decimals, all you need to do is divide the American value (e. +125), Fractional (e. So for American odds of -300 it’s 1 - (100/-300) = 1. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. Decimal odds conversion to percentage Decimal odds are a simple reflection of the return you will receive for each single unit placed. Find out how to convert American Odds to Decimal odds, as well as Fractional and Implied odds. You're betting on which side will win an event and if that side wins, you win. 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). The formula for the decimal odds is: ext {odds} = frac {C_ { ext {as}}+C_ { ext {s}}} {C_ { ext {s}}} odds = C sC as + C s. Use this betting tool before heading to your sportsbook to ensure you are committing to the best. Next, you take 1 / (Decimal Odds) to get your implied win probability percentage. Moneyline odds are favoured by United States bookmakers and as such, are sometimes called American Odds. 50 odds will pay out $150 ($50 profit, plus your $100 stake). For example, when you use an odds converter to convert decimal 1. Convert Odds Between Fractional, Decimal and American Odds Converter; How Do Betting Odds Work? - Fractional Odds Explained. Here, you’d just input the. 00. Example, Rounding = 2, format 0. 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. Packers: 200 / (200 + 100) *100 = 66. For a + sign, divide the odds by 100. Simply multiply your bet amount by the decimal odds, then subtract the bet amount out of the total payout to calculate your winnings. 64 from a $1 bet, for a profit of $120. The +115 American odds convert to 2. Input your first wager in the Bet #1 slot. 120/100 = 1. Larry Hartstein 55-31 (64%) L86 PROPS. To convert these odds to their respective implied probabilities we make. When converting American Odds to decimal odds there are two different formulas you use depending on whether you are converting positive odss (+) or negative odds (-). 50. The data will be updated in the Football. 03 is actually correct, some bookies tend to refer to -300 when meaning the fractional 1/3 because it's easier for the punter to remember, while. However, manual conversions tend to take time and are prone to mistakes. Note that +100 and -100 are both equivalent to decimal odds of 2. No-Vig Fair Odds Calculator. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. Decimal odds will be converted to the nearest standard American or Fractional equivalent. To convert American odds to decimals, you simply carry out the reverse calculations. 3%. This means positioning the decimal number as the numerator and 1 as the denominator. That’s why we accept bets on the widest array of U. Select the horses to include in the wager. g. g. To convert odds of less than 2. 5. Enter the odds type you would like to use: American odds are US odds, decimal odds are referred to as Euro odds, fractional odds are not compatible. Atlanta Braves no vig odds = 60% / (43. Bet Amount. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. 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. 2 = -100 / (1. 50 and American odds of +350. American odds < 0:-100/American odds; Convert the decimal result to a fraction. Before making any bet, it helps to know what you're risking for the expected payout. For positive American odds: American odds ÷ 100 + 1 . 40 decimal odds, 7/5 fractional odds, 1. g. NBA Odds Calculator: See the projected payouts of your NBA bets. Cowboys minus 170. If it is negative, take -100, divide it by US odd and add 1. , +120 is $100 to win $120) or the amount you must wager to win $100 (e. This means that for each unit bet, you would win 2. 8696 Malay Odds. Start betting smarter today!. g. 38 – 1) x 100 = 1038 or +1038 in the language of the book. Use the AllStar’s betting odds conversion table and betting odds conversion calculator below to quickly switch from one odds format to another. American odds are common only in the US and few countries in. Imagine that there’s a big NBA game between the LA Lakers and the New York Knicks. Step 1: Enter your odds. Start by convert the American odds for each selection into decimal odds using our betting odds converter. 667%. To convert American odds to decimals, you simply carry out the reverse calculations. 30 x $50 = $165. A tool like our moneyline calculator can be crucial to a. To Convert Negative American Odds to Decimal Odds, subtract 1 from (100 divided by the American Odds). 50 – 1 = 0. Enter the odds. To convert decimal odds to fractional odds, you need to do the reverse. Decimal Odds, 1. Usually, you would place your chips at the intersection of four numbers on the. How to convert odds? Quickly and easily convert odds to fractional, decimal and American. So for Lions +500, the formula is (500/100) + 1, which equals 6. 67. Now, multiply the decimal odds for each of the parlay legs together to get a multiplier. 50 is: 1. Under Odds Type, pick your odds style. Decimal: Fraction : American (Moneyline)First, using a betting odds converter, convert American odds into decimal odds. If you bet $10, your winnings would be $6. That equals 22. American It is important to pay attention to. To convert negative odds, you create a fraction by putting. -100/-140 = 0. By utilizing our odds converter you will be able to do sports betting odds conversion in an instant, and. 00. American odds = (-100) / ( (denominator / numerator) – 1) if the. American odds: Los Angeles Lakers +150, Boston Celtics -200. 54. If you're not sure you can estimate your team's chances. For negative American odds, it’s [odds] ÷ [odds +100] x100. Converting American odds to fractional oddsThey have a ton of different features which can be useful for many different bettors. For a. g.