There are two steps to convert decimal odds into a fraction. 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. Implied probability is the probability of an outcome occurring as implied by the bookmaker odds. The conversion from probability to odds is usually referred also as a risk to odds conversion. That way, you’ll know the exact amount you would win prior to placing any picks at your favorite sportsbook. Convert between US odds (moneyline odds), decimal odds, fractional odds, Hong Kong odds, Indonesian odds, Malay odds, and implied probability. To Win $ - Payout. Select the qualifying bet or free bet button and then enter your bet amount and odds. Fractional Odds. Sportsbooks use 3 methods for stating odds: Fractional, Decimal, and American . Note that +100 and -100 are both equivalent to decimal odds of 2.00. So, the odds can be any positive number, it does not have to be a number between 0 and 1. Visit signupbonuses.co.uk for new customer offers and promotions. Decimal; American ; Fractional; RESET. Based on your IP address it appears you are in New South Wales so we unfortunately cannot display any betting promotions. To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). Convert Fractional odds to probability. Enter the odds you wish to convert into any of the boxes in the betting odds calculator and click on “Convert”. How does the accumulator calculator work? Betting Calculator Parlay Calculator Bet Slip. Odds Calculator This odds calculator and converter will convert lines offered by your sportsbook and sports betting sites to the major betting formats: American, Decimal, Fractional, Hong Kong and Indonesian Odds and Implied Probability. 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). 2/3) Odds as a ratio (e.g. Bet Type. Our team is working hard on developing a multi-purposes betting calculator. How to use an odds probability calculator? Decimal to Hong Kong: Decimal = Hong Kong + 1, Hong Kong to Decimal: Hong Kong = Decimal – 1. A winning $10 bet at 1/2 fractional odds would return $15.00 for a $5.00 profit (50% return). Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e.g. How to convert decimal odds to fractional? Learn more about implied probability. Odds, are given as (chances for success) : (chances against success) or vice versa. The team would win 5 out of 6 games and lose 1 of them. Simply subtract 1 from the decimal representation, and then use the fractional representation of the resulting value. Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. 4:3) Results. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. How do you convert decimal odds to american? Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. Fractional odds express the net return (in fractional form) from a winning 1 unit bet. To convert between different odds formats and calculate your payout, simply follow these 2 easy steps: Fill in the odds in any of the odds fields: American, decimal, fractional or implied; Enter the amount you want to bet, i.e. When negative, Malay odds represent the number of units needed to be wagered in order to win 1 unit. How do you convert probability percentages to odds? 3.00 in decimal odds equals +200 in American odds), For American odds >= +100: decimal = (American / 100) + 1 Hong Kong odds express the net return from a winning 1 unit bet. The most common form of odds are going to be decimal odds in the UK and here is how to convert decimal odds to probability.These are clear odds to read and for example the 6/5 odds on Liverpool from the example above means that for every 5 units you put on, you will receive 6 back as a profit. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. When negative, the American odds indicate the number of units that would need to be successfully wagered to win 100 units. This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. Enter the Decimal, American or Fractional odds you wish to convert and our Odds Converter will do the work for you. Note that both 1 and -1 are equivalent to decimal odds of 2.00. Odds Conversion Calculator. You can convert between Decimal, Fractional, and American odds using BettingPremier’s simple odds converter calculator. Betting odds converter. For decimal odds between 1.00 and 2.00: Indonesian = -1 / (decimal – 1) The key constant with betting odds is implied probability, the odds may look different but the probability of the outcome winning is the same. You are here: Home / Matched Betting Calculators / Odds Converter Use this calculator to convert between decimal, fractional, moneyline odds and to see the actual probability of the outcome occurring expressed as a percentage. Do you understand how we calculated this percentage? Simply enter the type of odds you have fractional, decimal, American, or probability from any bookmaker and this will calculate the odds in each other format. Malay odds fall between -1 and 1, but cannot equal zero. american odds of 110 would win £110 on a £100 bet. Dutching Calculator - Odds changed since you placed your last bet? Convert From: Spread 3. A winning $10 bet at 0.50 Hong Kong odds would return $15.00 for a $5.00 profit (50% return). You can enter the odds of each leg and the calculator will then tell you how much the overall multi is worth; the total value of the odds. Be careful if … american odds of -90 would win £100 on a £90 bet. Odds changed since you placed your last bet? 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 expression that is used to compute the probability of an event, \(p\), given the odds is shown below: \[ p = \displaystyle \frac{Odds}{1 + Odds}\] The conversion from odds to probability is usually referred also as a odds to risk conversion. Before making any bet, it helps to know what you're risking for the expected payout. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83.33%, and of losing 1/6 = 16.67%. Staking Plans that Adjust for Bookmaker Odds and Bet Ratings, Bookmaker Ownership Structure in Australia, Historical A-League Results and Odds Data, Historical Super Rugby Results and Odds Data, Historical Twenty20 Big Bash Results and Odds Data, Betting Tracker OpenOffice Calc Spreadsheet, Staking Plan Calculator and Betting Tracker Excel Spreadsheet, Betting Exchange Arbitrage & Hedging Calculator, Premier League Gameweek 13 Betting Tips (Midweek Fixtures), Saturday Racing Tips – December 12 – Eagle Farm & Randwick, 2020. Betting Odds Conversion Table. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. a fractional value of 3/1 = (3/1) + 1 = 4. As with all measures of probability, the implied probability always falls in the range 0 <= implied probability <= 1. 0.75) Probability as a fraction (e.g. Betting Calculator Before making any bet, it helps to know what you're risking for the expected payout. It will then display the equivalent odds in all the different formats. To make use of the online odds probability calculator, an individual will be required to enter the numbers before selecting the ‘odds are’ option from the drop down … It will include an interactive odds converter among other useful features. Add 1 to the fractional representation e.g. If you experience any difficulties try refreshing the page. Positive figures: The odds state the winnings on a £100 bet e.g. Fave Odds: -110 6. Odds Converter. Betting Odds Converter The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. On the other hand, the above formula is used in order to calculate probability from the odds. If, on the other hand, instead of knowing the probability you know … For decimal odds above 2.00: Indonesian = decimal – 1, For Indonesian odds >= 1: decimal = Indonesian + 1 When positive, Indonesian odds express the net return from a winning 1 unit bet. Expected Winnings $ 0.00; Expected Payout $ 0.00; Create Wager. How do you convert fractional odds to decimal? Note that both 1 and -1 are equivalent to decimal odds of 2.00. This odds calculator and converter will convert lines offered by your sportsbook and sports betting sites to the major betting formats: American, Decimal, Fractional, Hong Kong and Indonesian Odds and Implied Probability. Converting Decimal Odds . An accumulator requires all legs to win to be successful. You can also convert odds to implied probability percentages, decimal, fractional or american by … The maximum number of legs in an accumulator is dependent on the sportsbook you are placing the bet with. Implied Odds. For Indonesian odds <= -1: decimal = (-1 / Indonesian) + 1. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. To use the calculator, simply input the odds in the format of your choosing and press “Convert”. Decimal odds will be converted to the nearest standard American or Fractional equivalent. Betting Calculator - 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. ODDS CONVERTER calculator. Probability as a decimal (e.g. For decimal odds above 2.00: Malay = -1 / (decimal – 1), For Malay odds between 0 and 1: decimal = Malay + 1 Our accumulator calculator quickly calculates the total odds for your accumulator. For decimal odds between 1.00 and 2.00: Malay = decimal – 1 Odds Converter & Probability Calculator Never tell me the odds Show Hide Help . Odds Calculator. So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. How do you convert american odds to fractional? Negative figures: The odds state how much must be bet to win £100 profit e.g. Subtract 1 from the decimal representation e.g. In simple terms, odds are a way of expressing the relationship between the number of favorable outcomes in a given situation versus the number of unfavorable outcomes. The converter and calculator is a valuable tool if you’re using a sportsbook that primarily utilizes odds in a format that you are not familiar with using. It indicates how much you will win based on the odds and total wagered. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing.The team would win 5 out of 6 games and lose 1 of them. Odds. Just click one of the buttons and input either a probability for converting into odds or odds for converting into probability. your stake; That’s it! Odds converter & Odds calculator; Odds Calculator | Soccer Predictions. To maximise your outcome try to bet on events which have the closest odds at the bookie and exchange, for example betting Arsenal to win a match at 2.15 and laying the same outcome at 2.16 would guarantee only a very small overall loss. Other useful calculators . Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. Dutching Calculator - For Malay odds between -1 and 0: decimal = (-1 / Malay) + 1. Future Odds Converter. When negative, Indonesian odds represent the number of units needed to be wagered in order to win 1 unit. When positive, American odds express the number of units that can be won from a 100 units wager. Decimal odds will be converted to the nearest standard American or Fractional equivalent. Odds Conversion Calculator. This calculator will convert "odds for winning" an event or "odds against winning" an event into percentage chances of both winning and losing. We provide no guarantee as to the accuracy of the information found on this site. Fill out one of the values, the other two will populate. Decimal: Fractional: Moneyline: Implied probability. To make use of the online odds probability calculator, an individual will be required to enter the numbers before selecting the ‘odds are’ option from the drop down list. Fill out one of the values, the other two will populate. Supports all major formats including decimal, fraction and american. The odds in the bet multiply for every additional leg you add to the accumulator. A winning $10 bet at 1.50 decimal odds would return $15.00 for a $5.00 profit (50% return). Dutching calculator. NSW Regulation prohibits the publishing of any betting promotions in New South Wales. Odds Type: -110 4. How to use an odds convertor calculator. Probability Formulas: This calculator will convert "odds of winning" for an event into a probability percentage chance of success. When positive, Malay odds express the net return from a winning 1 unit bet. Winning Starts Here! \[ Odds = \displaystyle \frac{p}{1 - p}\] The conversion from probability to odds is usually referred also as a risk to odds conversion. An odds convertor is a simple an easy tool to use, however they are really effective. Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. Spread: 6.0 5. For decimal odds between 1.00 and 2.00: American = -100 / (decimal – 1) The mathematical concept of odds is related to, yet distinct from the concept of probabilities. Note that both 1 and -1 are equivalent to decimal odds of 2.00. Probability-Odds Conversion Calculator. This approach is most often using by punters comfortable with exchange betting as odds fluctuate more frequently. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. How do you convert american odds to decimal? The Covers Odds Converter allows you to convert Moneyline Odds, Fractional Odds, Decimal Odds as well as predict the likelihood off a win and potential profit. The associated implied probability is also calculated. Dog Odds: -110 7. How do you convert fractional odds to american? Input your stake and odds in the betting calculator to quickly calculate the total payout for your bets. This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. The associated implied probability is also calculated. Any chance can be numerically described as either odds or probabilities. 3/2). Decimal Odds. Hover over the information buttons to see tips and help for each section of the AceOdds Bet Calculator and visit the AceOdds Betting Glossary for more detailed help with terms and bet types. Supports all major formats including decimal, fraction and american. Source: Aceodds. Indonesian odds equal American odds divided by 100. It is your responsibility to verify and examine all aspects of your online sports bet with the bookmaker before placing it. This most likely means "500 to 1 Odds are against winning" which is exactly the same as "1 to 500 Odds are for winning." Odds correlate to probability e.g a 3/1 bet is expected to win one in every 4 attempts, hence the probability is 25%. How to use the Odds Converter? Betting Odds Converter. You can use the odds calculator a few different ways: 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. Example: 3.40 – … By converting fraction to percent, we can say that the chances of winning are 5/6 = 83.33%, and of losing 1/6 = 16.67%.. Do you understand how we calculated this percentage? How to Use the Sports Betting Odds Calculator and Converter. Just enter a value in any one of the fields and the value will be automatically converted to other formats. There has to be a minimum of two legs in your bet to be classified as an accumulator. How to Calculate the Odds? To use the calculator, simply input the odds in the format of your choosing and press “Convert”. Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager. It is typically expressed as a percentage. For example, if you wish to convert odds of 3.0: 3 – 1 = 2. There are 3 methods of stating odds that most bookmakers and websites support. Our odds converter allows you to convert between decimal, fractional and moneyline odds. Enter your odds and stake to calculate bet returns for all types of sport wager. If, on the other hand, instead of knowing the probability you know the odds, you can use this odds to probability calculator. In the majority of circumstances, neither is preferable to the other. RESET. Bet Calculator and Odds Calculator - Determine your potential winnings on accumulators using our Bet Calculator, Odds Calculator, Calculate Accumulators, Lucky 15, Each Way, Doubles, Trebles and more. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. How do you convert decimal odds to fractional? You are here:  Home >> Tools >> Online Calculators >> Odds Conversion Calculator. Calculator Use Convert stated odds to a decimal value of probability and a percentage value of winning and losing. Few bettors use fractional odds for betting sports (other than horse racing), because the conversions to understand return are difficult. Bet Amount. Decimal odds represent the total return from a winning 1 unit bet. Probability vs. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. The fractional representation of 2 is 2/1. How to calculate odds. How do you convert odds to probability percentages? Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. See what your total payout and winnings will be. US$ 0.00. Supports EW, Dead Heats, Rule 4. For decimal odds above 2.00: American = (decimal – 1) * 100 (often expressed with a + in front, e.g. Convert decimal, fractional and moneyline odds to implied probabilities. American Odds. 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. 1.50), Fractional to Decimal: Fractional = decimal – 1 (expressed as a fraction, e.g. Bet Amount. Keep in mind that when rounding values on odds converter you might see some discrepancies. Decimal to Implied Probability: Decimal = 1 / implied probability, Implied Probability to Decimal: Implied Probability = 1 / decimal. For American odds <= -100: decimal = (-100 / American) + 1. Betting Calculator. You can also convert to and from Implied Probability. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. Your favorite sportsbook picks at your favorite sportsbook be careful if … to. 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