Subtract your original stake to get the parlay odds. If the decimal odds are less than 2. To Fractional. Positive odds (+): It states the amounts of profit you would earn from a $100 bet if your wager is successful. 00, you minus 1 from the decimal and then times the answer by -100. To convert a decimal of 2. odds converter. 00: Subtract 1 from the decimal odds. Enter the odds & stake and our betting arbitrage calculator will do the rest. Payout: 11:1. Quick, do the math of the return on a $10 bet with 20-23 odds. Negative American odds: 1 – (100/ – American odds) = decimal odds. There are two calculations for this conversion too. bookmaker fair payout---Option 3. moneyline), Decimal, and fractional odds. When the American odds is a positive number, divide it by 100 and add 1. In other words it can be used to handicap the market price for sports where there is the option to bet on Home, Visitor, or Draw. 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. 0 decimal odds. As a reminder, in cases where the decimal odds are 2. With the Odds converter, you can easily change the view of a particular odds from Decimal to Fractional, American, Hong Kong, Indonesian, and Malay. We use American style (-500), but you can choose Fractional (1/5) or Decimal (1. Giants plus 150. Check your +EV. Use this tool to strip pairs of American odds down into true implied. 1, whereas the Clippers would have the underdog moneyline odds of +270. 100 / (positive American odds + 100) X 100 = implied probability. Fortunately, there are tons of free calculators available online that you can use to convert odds within. This is where our odds converter comes in handy, as it can quickly and easily convert odds between. Use the Bookmakers. So, given our previous example, a very simple calculation. That's quite a lot of difference so which one is correct?Odds Formula. This means that for each unit bet, you would win 2. 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. American It is important to pay. To convert this to American odds go back to our formula (-100)/ (Decimal odds – 1) which calculates to a moneyline of -102. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. For Joe’s Parlay, the American odds would be: (11. How does the Arbitrage Calculator work? Our arbitrage calculator allows you to enter the odds of two (or more) different bets to determine how much you should stake on each to guarantee a profit. Example, US2Win(-120,120) = 100, or US2Win(-110) ? 0. If the odds are -200, you divide 100 by (200+100) and get 0. E. Decimal: Fraction : American (Moneyline)First, using a betting odds converter, convert American odds into decimal odds. Example 2: Japan to beat China. 9091) Win %: ROI: Calculate: Kelly Criterion Calculator; Kelly Multiplier: (1. 85), fractional odds (57/20), and implied probability (25. Using the above +140 as a gambling calculator odds example, the formula works like this: (140/100) +1 = 1. Convert the American odds to decimal odds using our odds converter. To Win: $0. US odds. 85), fractional odds (57/20), and implied probability (25. 5 minus 1 equal -200). Step 2. Odds Converter Calculator. 5 decimal odds would become +150 – (2. American odds are usually in 100s for example 300 is the same as the decimal odds 4. 148. 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. g. Odds of -330: Decimal odds = 1. A double bet pays about 2. A spread bet in football is normally offered at -110 on both sides of the bet. Sorted by: 6. Subtract your original stake to get the parlay odds. American Odds. This means positioning the decimal number as the numerator and 1 as the denominator. "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. Find out how to convert American Odds to Decimal odds, as well as Fractional and Implied odds. The left chart is to be used for favorites, and the right for. 4 +1 = 2. The odds converter instantly converts fractional, decimal and moneyline odds into your chosen format and gives you the implied probability of the event occurring. Just enter a value in any one of the fields and the value will be automatically converted to other formats. 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. 50-1) = (-100)/0. For. S. 3 = 4. 5-point favorites in a contest with the over/under set at 228. You can convert decimal odds to American odds or fractional odds using our free bet calculator. It also calculates the implied probability of the bet and the profit if the bet wins. Bet Amount. This strategy requires quick decision-making and effective execution to lock in. How to Convert Odds From Decimal to American? For Decimal Odds Greater Than 2. A -135 favorite means you must risk $135 to win $100 from the sportsbook. +100 in American odds, as an example, is equal to 2. It also calculates the implied probability of the bet and the profit if. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. 3 billion in revenue expected from online. 5 the total returned is $35 ($10 * 3. Additionally, input the amount of your bet and it will calculate the payout you will receive. Any odds with a minus sign (like -110) indicate that you must risk more than you'll win — a $110 bet at -110 would win $100. It’s 1 minus (100 divided by the US odds). If the odds are positive, apply this formula: 100/ (odds + 100). 5. m. This is when a sportsbook gets the odds wrong. This gives you a decimal odds of 2. 20 – 1 = 1. 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. American odds are often used in the United States, Canada, and Australia. The table below shows some typical pricing in all three formats and the corresponding implied probability. American Odds. 50. Enter American odds in the Team 1 and Team 2 fields to see the resulting vig (hold) percentage. For example, if you bet $10 at an odds of 3. 0 in decimal odds & 3/1 in fractional odds, then their implied win probability is 1 divided by 4 = . Bet Type. -100 divided by 1. -100 divided by 1. Team B: 330 / 100 = 3. g. To calculate what you actually won, subtract your initial bet from the total payout. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. 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. ), use. To convert this to American odds go back to our formula (-100)/ (Decimal odds – 1) which calculates to a moneyline of -102. 97, for a stake of $100, you stand to win $597 ( 6. So the calculation for decimal odds of 1. 8696 Malay Odds. 4 cents plus the original stake of $1. Favorite: Odds / (Odds + 100) *100. Just like how you’d have to wager $220 to win $100 on a -220 favorite, you’d wager $22 to win $10. Rounded up to two decimals on a parlay calculator, that gives a potential payout of $121. Negative odds indicate losing a large amount per each lost bet. The total cost of the ticket will appear next to the words Ticket Cost. 500/ (600) = 5/6 * 100 = 83. For Decimal odds that are higher than 100 include. 50 – 1 = 0. Odds Converter. While this conversion to -303. Bet 1 has odds of 1. To convert American odds into decimal, divide the American odds by 100 and add 1. 🙋 Decimal odds are widely used in continental. 0012, and 88. Here is how to find implied probability from American Odds: • Negative American Odds: Implied Probability = -Odds / (-Odds + 100) • Positive American Odds: Implied Probability = 100 / (Odds + 100) Using an example of a bet with -140 odds one side and +120 odds on the other, you would get:Calculator Instructions. Works simply as an odds converter if no bet is entered. For example, a favorite of four points in the NBA might have a money line of around -184. Quickly convert to and from: fractions, decimals, American, European, money line & probability percentages. 65 means that for every 1. To read decimal odds and calculate your potential winnings, all you need to do is multiply the decimal number by your stake. For example, American odds of 500, the calculation would be 500/100 = 5. Use this tool to strip pairs of American odds down into true implied. g. 38% of the time to break even on standard -110 bets. To do this, let’s go back to ninth-grade algebra. Find out how to convert American Odds to Decimal odds, as well as Fractional and Implied. To win $100 for a Cowboys win, you have to bet $170. 00 – 1) * 100 = +500). If Over/Betting, then select over or under. If you need to convert fractional odds to decimal, you can use our handy odds converter. 90% (American). 613 (value rounded up)On the calculator select which team you wish to bet on, the home or away team. For example, if you want to convert. This means positioning the decimal number as the numerator and 1 as the denominator. Betting Odds Conversion Table Fraction Decimal American Implied. 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. 0. 50 – 1 = 0. Multiply all the decimal odds together. 30 decimal, and 13/10 fractional. American odds of 400 converted to decimal odds is (400 / 100). You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. Odds of +345 conversion (345/100) + 1 = 4. 6 into the following formula to convert back to American odds. For decimal odds between 1. To convert from American odds to decimals, all you need to do is divide the American value (e. In general, you want to convert your odds to a decimal format and multiply the decimal odds by the amount of money you wagered. Add 1 to each result. Decimal to Moneyline/American. Additionally, input the amount of your bet and it will calculate the payout you will receive. 50 and the American variation of +150. For decimal odds between 1. 00. Moneyline bets are as straightforward as it gets in sports betting. For example, with -160 odds, calculate as 100/160, and reduce to 5/8 fractional odds. For negative American odds, it’s [odds] ÷ [odds +100] x100. To convert European odds to fractional odds, subtract 1 from the European odds and convert the resulting decimal to a fraction (e. g. 22:. 00 or. Therefore, the implied probability equals 71. 2 minus 1 multiplied by 100 equals 220). Enter the original value. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. American odds are slightly more complicated, but once you understand them, they’re easy to convert to probability. Accumulator bets enable customers to win large amounts of money from betting a small stake on the outcome of several matches, with a bigger potential return coming from including more selections on your bet. Add more odds if needed. Example: Converting -110. 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. If it is negative, take -100, divide it by US odd and add 1. What are American odds? Also known as US odds or moneyline odds, American odds are the default betting odds used by American sportsbooks. Single bet odds calculator The calculator will automatically update to show you the decimal odds (3. 50 and 1. 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. 40 (decimal odds), but you can use a betting odds calculator to turn it into American odds. The conversion from probability to odds is usually referred also as a risk to odds conversion. 3%. Fractional Decimal American Implied Probability; 1/5 1. Use this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. Your parlay calculation would look like this: 1. This means that the odds of -110 would end up as: 100/110. The +140 American odds convert to 2. 6667. Question: How do I convert decimal odds to American odds? Answer: If the decimal odds are greater than 2. 2 = 12/10 = 6/5. 50 – 1. Enter Odds. Supports all major formats including decimal, fraction and american. Multiply your bet amount with the multiplier. On the other hand, if you want to convert negative odds to fractional odds, you’re going to do the inverse of the previous calculation. 7143 Malay Odds. 00. 50 – 1 = 0. 00. To convert decimal odds to American odds, use the following formulas. 00, you can convert them to positive American odds using the formula (Decimal Odds – 1) x 100. 00: American = -100 / (decimal – 1) For decimal odds above 2. 40. 25 is 1/4 Kelly) US Odds: (1. 50. 14: 88%: 1/6-588: 1. American It is important to pay attention to. 00 = 2/1 = +200 Decimal odds (also called "European" for their origin) is the most popular format in the world. 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. 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. 90909. The +115 American odds convert to 2. Simply fill out the bet amount and odds in any one format and our calculator will show you the results! Odds Converter Use this bet calculator to easily calculate and convert between american odds (moneyline odds), decimal odds, fractional odds, and implied odds. Positive American Odds To Decimal For positive American odds, you’ll have to divide the money line by 100. It includes three double bets and one treble bet. 50 = 6/4 = +150 3. Therefore, the decimal odds equivalent is 2. If you take your desired stake and multiply it by the listed fraction, that will show you the potential payout. This No-Vig Odds Calculator lets you find the vig-free odds and no-vig probabilities when you enter the odds of both sides of a bet. This would look like +320 odds running through as 100 ÷ 420 to get 0. Usually, you would place your chips at the intersection of four numbers on the. Finally, subtract your original stake to get the parlay winnings. k. Point spread: Rather than betting on either side to win or lose, you’re betting on. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. Thus, in the example: 100 x 0. So for Lions +500, the formula is (500/100) + 1, which equals 6. 00 on the Chiefs winning the Super Bowl. Implied probability = negative American odds/ (negative American odds + 100) * 100. For a slight underdog at +200 or a heavy underdog at +1500, a $100 bet would return $200 and $1500, respectively. Example: Converting Fractional Odds to Decimal and American. 83 x $50 = $41. Enter Odds. 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). E. Multiply all decimal odds together to find the parlay odds. William Hill can calculate the payouts for different types of bets. a decimal value of 1. 40 decimal odds, 7/5 fractional odds, 1. The +115 American odds convert to 2. Odds Converter. If you want to learn how to convert decimal to positive American odds, you have to subtract one from the decimal value, then multiply it by 100 (e. Dutching Calculator- Odds changed since you placed your last bet? Use this calculator to determine the stakes necessary to guarantee a fixed. The #1 American Odds Calculator & Converter online. Hole cards of A♣️ T♣️ will surely have the. For example, if the odds are -150, the decimal odds would be 1. Texas A&M Aggies vs Florida Atlantic Owls Odds - Friday November 24 2023. Get th. 4, you do the following:American odds, also known as moneyline odds, is a type of betting odds used in sports betting. Converting positive American odds. This is a straightforward way to remove vig from odds and get you closer to the. For example, if you bet $10 at an odds of 3. For example, if the odds are -150. Again, you then need to simplify the fraction if possible. 50. The American odds usually start with a plus(+) or a minus(-). To convert American odds to decimals, you simply carry out the reverse calculations. All you need to enter are the American odds of a bet (either by using the slider or entering the value in the field) and the bet. net odds converter betting tool for any odds conversions needed. It depends on the one you prefer. 50, Boston Celtics 1. If you have decimal odds of 2. 300/100 is simplified to 3/1. 33%, and of losing 1/6 = 16. Decimal. , 400/100 is the same as 4. 11/4 = 3. The Chiefs ended up winning the Super Bowl, and anyone that bet the Chiefs outright would receive a payout of 1:1, as indicated by the +100 odds, a $100 bet profiting $100. Implied. Implied Probability is a chance of winning percentage. Terms we used in a sports betting calculator: American odds – very popular odds type in USA. That means you have to put down $300 to win $100. 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. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. 30 x $50 = $165. Divide the odds by 100, and then reduce it to its simplest form, e. 30 x $50 = $165. W/U. For example, American odds of 500, the calculation would be 500/100 = 5. 00, you minus 1 from the decimal and then times the answer by -100. For negative odds, it’s a bit more tricky. Most betting sites provide each odds option. To convert negative American odds to decimal, divide 100 by the odds and add 1. Thus, the “fair” win probability for the Mets would. The formula to convert positive American odds is: Implied Probability =100 / (positive American odds + 100) x 100%. Get the final bet amounts. Converting odds into probability, we divide the odds by 1+ the odds e. This is an easy one to work out, but some other odds can be a lot more complicated. 1:20. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. See moreUse this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. Decimal odds are also called European odds as they are the primary odd format in Europe. US odds = (5. The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. Decimal. For any bet that has a handicap value set (ex: a point spread of -6, total of 43, etc. To Convert Positive American Odds to Fractional Odds, divide the American odds by 100, turn the decimal into a fraction, and find the simplest form of the fraction. Odds of 1/3 convert to American odds of -300. 5% from both win probabilities, then finding the odds associated with the now “fair” win probabilities. 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. This calculator uses decimal odds, so you can't use fractional odds used in the UK or American odds. First you must convert the American odds to decimal odds. The first is for when the decimal odds are greater than 2. Probability = 150 / (150 +100) Probability = 150 / 250. Next, you take 1 / (Decimal Odds) to get your implied win probability percentage. Enter the odds. 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. Secondly, you can use any bet type you can imagine. 91 x 2. (+400/100) + 1 = 5. In American odds, that’s +597, meaning this parlay pays nearly 6-1. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool. Positive American Odds: Example: American Odds = +150; Conversion: Decimal Odds = (150 / 100) + 1 = 1. 300/100 is simplified to 3/1. To calculate your profits only, simply follow the formula: Wager x odds. 9%. . Use Odds Converter Tool to convert odds between American, fractional, decimal, Hong Kong, Indonesian and Malay formats. American odds (aka moneyline odds) are numbers like +150 + 150 or −400 − 400 used to express how much a winning bet would pay out. Use the AllStar’s betting odds conversion table and betting odds conversion calculator below to quickly switch from one odds format to another. 714 in decimal odds (-140 in American). In other words, odds of 1. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. 45. You can mix and match various odds formats. For underdogs it works a bit differently. Multiply the multiplier by your bet amount. To convert American odds to decimals, you simply carry out the reverse calculations. Market Type. 4%) and vice-versa. American odds cannot simply be multiplied together — each. 22-450 81. However, you’ll always need to convert the fraction into a decimal, dividing the numerator by the denominator. 50. ). Meaning you would need to wager $200 and $1500, respectively, to win $100. To illustrate, a slight favorite would carry odds of say -200, while a heavy favorite might be at -1500. In this case, 3 ÷ 2 + 1 = 2. Probability = 150 / (150 +100) Probability = 150 / 250.