Once selected please enter the Odds value and press convert. To convert underdog odds to decimal odds use the formula (+x /100) + 1 +400 American odds (400/100) + 1 4+1 =. Here you need to choose the proposed bet amount from 1 to 100 units. ). To convert European odds to fractional odds, subtract 1 from the European odds and convert the resulting decimal to a fraction (e. When the American odds is a positive number, divide it by 100 and add 1. How to Use a 3-Way Fair Odds Calculator. Multiply all decimal odds together to find the parlay odds. g. To determine the payout, multiply the result by the wager. So whether you want to convert decimal to American odds or change all of your odds to fractional, our odds converter betting tool will do all the hard work for you. To convert it to decimal odds, divide the numerator by the denominator and add 1. American Odds. The odds calculator shows the amount of money. 50 odds will pay out $150 ($50 profit, plus your $100 stake). Hit convert to see the odds in all formats. Use this tool to strip pairs of American odds down into true implied. Your estimated probability of the event you are backing is crucial for Kelly criterion to work. For example, American odds of 500, the calculation would be 500/100 = 5. To convert American odds into decimals might seem like a tricky concept, but you’ll be pleased to hear that we found the process relatively simple. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. For converting moneyline to decimal, when the moneyline price is positive divide it by 100 and add 1. Follow these simple steps to figure out how much to bet. A tool like our moneyline calculator can be crucial to a. Here, you’d just input the. Decimal. The “fair” win probability for the above example is that Ohio State should win the game 62. m. 50 and the American variation of +150. Converting positive odds: You divide the American odds by 100 and add 1. Moreover, the built-in payout calculator helps ensure that users of the best betting brokers get the most value from their bets. For example, if you successfully bet $10 on odds of 3. g. The American Odds Calculator is a tool that assists bettors in calculating potential payouts and assessing the implied probability for various bet types based on American odds. Calculate the implied probability given odds and determine the payout and potential winnings from a bet. Positive American Odds To Decimal For positive American odds, you’ll have to divide the money line by 100. 3rd Step. 00. A horse that is 7/2 would be calculated as 2/ (7 + 2) x 100. So for American odds of -300 it’s 1 - (100/-300) = 1. 2. For an explanation of the odds types on this table see decimal, fractional and American odds. Converting Positive American Odds: American Odds: +350; Fractional Odds: 350 / 100 = 3. Implied odds or betting odds are likely not the same as the true odds. 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. That means you have to put down $300 to win $100. 2 + 1 = 1. We will look at an example below in an NBA game between the New Orleans Pelicans and the Memphis Grizzlies. This table can be used to convert one type of odds format into another. On underdog odds, the number next to the (+) sign indicates your winnings on a. 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. Convert the American odds to decimal odds using our odds converter. If the fraction is smaller than 1, it is known as odds-on, which is the same as negative American odds. Stake:To convert odds to probability from positive American odds (ones with a +), you need to calculate 100 ÷ [odds + 100] x100. Corner. If the odds are positive, apply this formula: 100/ (odds + 100). Probability = 0. Explanation for our Football Odds Converter. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. Although fractional odds are more prevalent in the UK and Europe, you can utilize our free odds converter to quickly determine their equivalent in American odds, which are commonly used in the US. These moneyline odds are generally used for an event with two outcomes. g. To use our payout calculator, enter your decimal odds into the odds box and then enter your total bet into the stake box. Use our odds converter to instantly convert your fractional, decimal or American odds into your chosen format. 615). To convert American odds into decimals might seem like a tricky concept, but you’ll be pleased to hear that we found the process relatively simple. The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. However, manual conversions tend to take time and are prone to mistakes. 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 = 300 ÷ 100 + 1 = 4. Thirdly, this calculator will show you how much. To see how a. Fractional American Decimal Implied Odds; 1/10-1000: 1. Decimal: Fraction : American (Moneyline)First, using a betting odds converter, convert American odds into decimal odds. To proceed, we need to convert these odds back into the American format. Subtract your original stake to get the parlay odds. Multiply the result by 100. Where the American odds have a positive value, simply divide them by 100 and then add 1. For negative American odds, take -100 and divide it by the decimal odds minus one. The first calculation table below will convert odds from American to decimal odds and American to fractional odds. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. If you bet $100 with +100 odds, you’ll receive $100 in addition to your original $100 for a total of $200. How do you convert decimal odds to american? Positive american odds - (The decimal value minus one) multiplied by 100 e. 11: 90%: 1/8-833: 1. Click on calculate to view what your wager will pay out. 2. All U. Enter the odds. 91. Live arbitrage betting involves taking advantage of rapidly changing odds during a sports event. 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. That’s because the odds offered are less than the 50% chance of success deserves. 2nd Step. 2 - 1) = -500. Let’s use a couple of examples to illustrate how this works. Most betting sites provide each odds option. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. The Eagles were -125 and the Chiefs were +100. You must first convert odds to implied probability. The equation to convert negative American odds is: Negative American odds / (Negative American odds + 100) * 100 = implied probability. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. For example, when you use an odds converter to convert decimal 1. Calculate the implied. Packers: 200 / (200 + 100) *100 = 66. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. Note: Please make sure that the odds that you enter follow one of the three formats listed below. The first is for when the decimal odds are greater than 2. 00 in decimal odds equals +200 in American odds) How to convert Hong Kong Odds to decimal odds. Decimal to Moneyline/American. Our Arbitrage Calculator will tell you if there is an Arbitrage opportunity. How to use the Odds Converter Tool. 97%). The Oilers have odds of 2. 5 minus the $10 stake). NBA Odds Calculator: See the projected payouts of your NBA bets. NJ only. 5% = 60%) = 58% true win probability. g. 2 = $12. American Odds. The +140 American odds convert to 2. For example, a decimal value of 4 works like this = (4 - 1) x 100 = 300. 20). Here is a guide to what each part of the calculator means: American. American odds of 400 converted to decimal odds is (400 / 100). 8000 in decimal odds, 4/5 in fractional odds, 0. 90% (American). 40 x 100 = +440. 2nd Step. Decimal odds: Los Angeles Lakers 2. This is a great tool to use to help you decide on whether a bet is likely to. How to Convert American Odds into Decimal Odds. "Odds for" winning: 1/12 or 1:12 (reduced from 4:48) "Odds against" winning: 12/1 or 12:1 (reduced from 48:4) Implied Odds vs. 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. Our calculator supports all major formats: American Odds (-400) Decimal Odds (1. Take away one from the decimal value and multiply it by 100. So for American odds of +300, it’s 1 + (300/100) = 4. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83. The Oilers have odds of 2. So the calculation for decimal odds of 1. 97 is +597, meaning this parlay pays nearly 6-1. Simply enter the market into a no vig calculator to determine fair win probability. To Fractional. That implies the Packers have about a 66. 2500 in. Decimal odds, most popular in Europe, are fairly straightforward. 2 = 12/10 = 6/5. For instance, a decimal value of 1. As a reminder, in cases where the decimal odds are. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. 15 back ($10 bet + $6. 5/2 to Decimal Odds. In American odds, 5. However for many sports and markets such as American Football, Boxing etc. (+400/100) + 1 = 5. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. 38% of the time to break even on standard -110 bets. The figure quoted is either positive or negative. 632 -> True probability: 0. Moneyline bets are as straightforward as it gets in sports betting. 4 +1 = 2. For a slight underdog at +200 or a heavy underdog at +1500, a $100 bet would return $200 and $1500, respectively. To win $100 for a Cowboys win, you have to bet $170. This would look like +320 odds running through as 100 ÷ 420 to get 0. g. 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. 00. Then add 1 to get decimal odds of 6. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. The winning bettor would receive a return of $700 whether the bet was made with fractional odds or American odds. Arbitrage exists because bookmakers set their odds independently; in other words. 1. 50. It makes the perfect sports betting calculator, putting odds into your preferred format and telling you exactly how much you can potentially win. Divide the odds by 100, and then reduce it to its simplest form, e. Decimal odds to American Minus American Odds Conversion. In the previous example, +100 in American odds (1/1 in fractional odds) is 2. Decimal Odds, 1. For example, American odds of 500, the calculation would be 500/100 = 5. Additionally, input the amount of your bet and it will calculate the payout you will receive. 1st Step. 1) Convert the American odds from each leg of your parlay into decimal odds. 75. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied Probability. 03 profit. Bet Type. g. If you take your desired stake and multiply it by the listed fraction, that will show you the potential payout. 00. Firstly, you can set up the calculator to work in Fractional, American or Decimal odds. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool. Fortunately, there are tons of free calculators available online that you can use to convert odds within. Fractional betting odds are easy to calculate. If you want to convert positive odds to fractional odds, simply just divide the odds by 100. You must add a positive sign to the result to get the correct moneyline odds. A betting odds calculator is a software used to convert the format of one odd to another. 40. If the American odds are positive (underdogs), convert using this formula: (American odds / 100) +1. Enter the spread that the sportsbook is. To. 53). Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. This shows that our. e 60%) So the bookmakers are suggesting the Knicks are a 60% chance of winning the game. 714 in decimal odds (-140 in American). 10 units. net odds converter betting tool for any odds conversions needed. For example, if the Dallas Cowboys are +300 in American odds, which is equivalent to 4. American odds = ( (numerator / denominator) + 1) x 100 if the fractional odds are below 2. How to convert American odds to implied probability. Here’s the formula to convert from American odds to Decimal odds: When American odds are positive the formula is: (American odds / 100) + 1 = decimal odds. Moneyline odds (AKA American odds) are shown as positive and negative numbers. For example, if the odds are -150, the decimal odds would be 1. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. 16 to see this is +450. 4, you do the following: The last step is to calculate the implied probability using the American odds to implied probability formula. First you must convert the American odds to decimal odds. 2 + 1 = 1. -- Your result will display here --. You can use Covers' moneyline odds calculator to convert between American, decimal, and fractional odds,. This gives both outcomes a win probability of 52. For example, to convert odds of 1. Use the AllStar’s betting odds conversion table and betting odds conversion calculator below to quickly switch from one odds format to another. 40 decimal odds, 7/5 fractional odds, 1. Probability = 0. Example 1 – $10 Stake At +120. For instance, a $90 bet. To convert negative odds, you create a fraction by putting. Step 2: Input the amount of money you want to stake. A $300 bet at 1/3 odds would win $100, for a total payout of $400. Learn more. Odds Calculator. Indonesian odds can be likened to American odds. If the odds are +200, you divide 200 by (200+100) and get 0. Convert the American odds to decimal odds using our odds converter. The American odds usually start with a plus(+) or a minus(-). American odds: Los Angeles Lakers +150, Boston Celtics -200. Implied Odds. Input your first wager in the Bet #1 slot. An odds converter is a tool that automatically converts one odds format to another. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. How to convert betting odds into probability. 50. 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. Find out how to convert American Odds to Decimal odds, as well as Fractional and Implied. Implied. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. For example, staking £5 at decimal odds of 11. Decimal Odds. How to Convert American Odds to Decimal Odds: Decimal odds are another popular way odds are listed, especially overseas. 3 odds would pay out a total of $23. Multiply the result of Step 2 by your bet amount. Favored odds such as -160 would be 100/160= 13/21. 5) Malay Odds (-0. 5 minus the $10 stake). This calculator uses decimal odds, so you can't use fractional odds used in the UK or American odds. 67%. Question: How do I convert decimal odds to American odds? Answer: If the decimal odds are greater than 2. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. Betting Odds Calculator The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets. Supports single bets only. 45. Example for -150 American odds: (100 / -150) - 1 = 1. odds-calculator featured above. In this way, American odds indicate both the probability and the potential. Get free picks & predictions. A spread bet in football is normally offered at -110 on both sides of the bet. 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. The moneyline calculator formula for negative odds is (100 / odds) x $50. That means the bookies estimate an Aston Villa to be very unlikely, at a probability of 13. 67. 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. American odds always use a baseline value of $100. 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. 3%. Convert Decimal (European), Fractional (UK) and Moneyline (American) oddsConvert the American odds to decimal odds. Point Spread. 8696 Malay Odds. For any bet that has a handicap value set (ex: a point spread of -6, total of 43, etc. Negative american odds - Negative 100 divided by (the decimal odds minus one) e. Just like how you’d have to wager $220 to win $100 on a -220 favorite, you’d wager $22 to win $10. The odds calculator shows the amount of money. Hold (Rake) Expected Value. Just enter a value in any one of the fields and the value will be automatically converted to other formats. When American odds are positive, the figure indicates how much money will be won on a $100 wager (this is done for an. 0. Here is an example multi-sport parlay on three teams that would turn a $100 bet into nearly $1,000 if the three teams win their respective games. 4%) and vice-versa. This odds conversion tool converts between US, decimal, fractional, Hong Kong, Indonesian, Malay odds, and. For negative odds, it’s a bit more tricky. There are two calculations for this conversion too. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. 5 the total returned is $35 ($10 * 3. 67. If the decimal odd is greater than or equal to 2, apply this formula: A = (D - 1) x 100. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. Use this bet calculator to easily calculate and convert between american odds (moneyline odds), decimal odds, fractional odds, and implied odds. 6-to-1, and a. This is a straightforward way to remove vig from odds and get you closer to the. 6667. It also calculates the implied probability of the bet and the profit if the bet wins. 0 (+200 as American odds), you would win $20. Texas A&M Aggies vs Florida Atlantic Owls Odds - Friday November 24 2023. ODDS CONVERTER. For the second method, you’ll divide the American odds by 100 and deduct 1 from the answer. That equals 22. To convert fractional odds to decimal, take the fractional number, convert it to decimal by doing the division, and then add 1. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. Therefore, the implied probability equals 71. 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 calculator will show your profit amount (“To Win”) as well as your payout amount (“To. g. k. To convert positive odds to a decimal, divide the odds by 100 and then add 1. Odds Converter. American, decimal, fractional odds, and implied probability can be calculated. 667%. 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 0, then it is an exact 50/50 bet and will pay out 1/1. 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. American to Decimal ; American to Fractional; Odds Converter; Decimal to Fractional. The +140 American odds convert to 2. 1st Select the odd format 2nd Insert the reference odd 3rd Check the final conversion Try now How to Use Our Betting Odds Calculator. For negative American odds: Decimal odds = (100 / -American odds) + 1. -100 divided by 1. This bet might come into play with a total or two closely matched clubs. Odds format american +125 decimal 2. For negative American odds, it’s [odds] ÷ [odds +100] x100. Calculating Sports Betting Payouts of Indonesian Odds Bets. So 4. Pick the original format of odds. 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). This extension looks for American odds (such as "+140" or "-350") on the page, calculates the implied probability, and displays it as a percentage. Normally a sportsbook would offer you less than even money about a coin toss. 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 (-). This means you would need to wager $184 to win $100 if you bet on that team to win. In addition to welcoming arbitrage bettors. Example, US2Win(-120,120) = 100, or US2Win(-110) ? 0. 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. To convert American odds to decimals, you simply carry out the reverse calculations. Why use an Odds ConverterOdds Calculator. The conversion from probability to odds is usually referred also as a risk to odds conversion. Live betting odds and lines, betting trends, against the. For example, if you bet $10 at an odds of 3. 4. Larry Hartstein 55-31 (64%) L86 PROPS. 33. It can get a little tricky with fractions, as you have to convert the decimal and reduce the resulting fraction to how the sportsbook would actually list the bet. If you need to convert a +210 to a fraction format, it would be 210/100= 21/10. Step 2: Input the amount of money you want to stake. 2. 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. 00 – 1) * 100 = +500). Implied Probability is a percentage that is derived by converting the given betting odds that represent the likelihood of that outcome occurring. Imagine that there’s a big NBA game between the LA Lakers and the New York Knicks. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and. China is listed as the underdog at Indonesian odds of 2. Then add 1 to get decimal odds of 6. 64. American odds are the most popular odds format in the U. NBA Odds Calculator: See the projected payouts of your NBA bets. 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. 3%. Converting positive odds: You divide the American odds by 100 and add 1. 4 cents plus the original stake of $1. Indonesian Odds Explained This odds format (also known as Indo Odds) functions the same as American odds format except now the odds are based on $1,00 stakes and therefore use a decimal. Negative American odds: 1 – (100/ – American odds) = decimal odds. 1 day ago · 0. Enter the Decimal odds, American odds or Fractional odds. In American odds, that’s +597, meaning this parlay pays nearly 6-1. Example: Converting -110. For decimal odds between 1. 40-1) x 100 = 4. In each case, the bettor would risk $100 to win $600. 97 x $100 minus your initial $100 stake). 00. Converting American odds into fractional odds is simpler. You must add a positive sign to the result to get the correct moneyline odds. g. Enter the odds & stake and our betting arbitrage calculator will do the rest. 00. Below, you’ll find a couple of examples for converting American odds into decimals. 5. 4. 15 (10 x 0. American Odds = (Decimal Odds – 1) * 100. American odds are slightly more complicated, but once you understand them, they’re easy to convert to probability. If both favorites are priced at -200 (1. Multiply the decimal odds together to get your multiplier.