Click on Add Bet to add the other wagers on your ticket. Odds Converter. Sticking with the NFL odds examples used above, you would find odds of 9. FAQs. Why is -110 So Important to Casinos and. 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). 500/ (600) = 5/6 * 100 = 83. , (6. Decimal odds: Los Angeles Lakers 2. 50 odds will pay out $150 ($50 profit, plus your $100 stake). $10 x (120/100) =. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. Our odds converter is the easiest way to convert sports betting odds between American, decimal, and fractional odds formats. For plus odds, the formula for doing so is adding 1 to American odds and dividing them by 100. 7:06 p. Additionally, input the amount of your bet and it will calculate the payout you will receive. Converting American odds into fractional odds is simpler. 0 would return 11. You can also divide a favorite's betting risk as displayed by 100, put the resulting number right or under 1, then add the sums of both sides to themselves until each displays a whole number. That’s it! There are two calculations for this conversion too. US odds = (-100)/ (1. NJ. Fortunately, there are tons of free calculators available online that you can use to convert odds within. 50 – 1 = 0. For American odds of +150, you’ll need to divide 150 by 100 and add 1 to the result. American odds (aka moneyline odds) are numbers like +150 + 150 or −400 − 400 used to express how much a winning bet would pay out. Fill in the odds from the example and we get: Implied Probability =100 / (650 + 100) x 100% = 100/750 x 100% = 13. The odds converter also displays the implied probability. Hole cards of A♣️ T♣️ will surely have the. Converting odds into probability, we divide the odds by 1+ the odds e. 90909. Any odds with a plus sign (like +150) means you'll win more than you risked — a $100 bet at +150 wins. To convert odds of less than 2. 40 for Indonesian/Hong Kong odds, and -0. 5. 62 = 1. 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. Potential Profit = $12. Odds of +345 conversion (345/100) + 1 = 4. 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. 50 – 1 = 0. When displayed using American odds, they have a positive number. Odds for favorites are accompanied by a minus (-) sign. Converting American Odds of 250. 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. Set a bet amount. 67%. 2-Way 3-Way Selected Odds Format: American; Decimal; Fractional; Implied probability. 2 - 1) = -500. 65 means that for every 1. , +120 is $100 to win $120) or the amount you must wager to win $100 (e. The higher the number, the higher the probability of you losing the bet. -- Your result will display here --. It is 1 divided by the decimal odds *100. To convert between formats, use our odds converter and bet. OK, now let's convert our American odds to probabilities. Explanation for our Football Odds Converter. 148. Dutching Calculator- Odds changed since you placed your last bet? Use this calculator to determine the stakes necessary to guarantee a fixed. In other words, odds of 1. The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. Step 2: Input the amount of money you want to stake. 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). To calculate what you actually won, subtract your initial bet from the total payout. You can select between inputting American Odds or Decimal Odds, and the calculator will automatically generate the vig-free odds in the same format. a decimal value of 1. 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. Fractional Odds = (100/negative American odds) Fractional Odds = (positive American odds/100) Turning American odds into a fractional format. If you take your desired stake and multiply it by the listed fraction, that will show you the potential payout. However, you’ll always need to convert the fraction into a decimal, dividing the numerator by the denominator. Assuming A1 is the American Odds, In B1, input: =IF(A1="","",IF(A1>0,(A1/100). 30 (+130). The +140 American odds convert to 2. Here, you’d just input the. 20 plus the original $1 stake. 40 (decimal odds), but you can use a betting odds calculator to turn it into American odds. Decimal to Moneyline/American. American Odds, -110. 714 in decimal odds (-140 in American). 15 for Indonesian/Hong Kong odds, and -0. A -135 favorite means you must risk $135 to win $100 from the sportsbook. Converting positive odds: You divide the American odds by 100 and add 1. If the American odds are – ; 1- (100/ -American odds) =Decimal Odds. . For a. So = 300 ÷ 100 + 1 = 4. The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. 50 x 100 = + 150. 75 the American Odds are -175, so when they are +1. American. g. 50 – 1 = 0. 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. American odds = (-100) / ( (denominator / numerator) – 1) if the. If both favorites are priced at -200 (1. Odds Jam charges a monthly fee of $200+ depending on which package you select. Odds Converter Calculator. 55. 3 = 4. 00. Calculator for Sports Odds. Positive figures: The odds state the winnings on a. 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. For our example, as the odds are negative, the implied probability will be 150/ (150 + 100) = 60%. American odds are a little trickier, as they operate using positive and negative odds. 50 – 1. 91 — your formula looks like:American odds to probabilities. Positive figures: The odds state the winnings on a £100 bet e. 11/4 to Decimal Odds. So for American odds of -300 it’s 1 - (100/-300) = 1. How to convert betting odds into probability. For example, when you use an odds converter to convert decimal 1. BonusFinder betting odds calculator helps you figure out how much you stand to gain. However, manual conversions tend to take time and are prone to mistakes. For example, by inputting the decimal odds of 1. Simply enter the odds into the box below and we will automatically convert it for you. Insert the desired payout. Atlanta Braves no vig odds = 60% / (43. 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. 67. 5 points. This is where our odds converter comes in handy, as it can quickly and easily convert odds between. 333. 615). This is a straightforward way to remove vig from odds and get you closer to the. 1. So odds of +400, when converted to fractional odds, are 4/1 (400/100 = 4/1). 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. 30 x $50 = $165. In this case, you have it correct: 1 0. The. Joined Apr 24, 2018 Messages 2. The formula is different when the American odds are negative:Potential Profit = Stake x (Odds/100) Since you also get your stake back with a winning wager, this needs to be taken into account when calculating your total payout. For an explanation of the odds types on this table see decimal, fractional and American odds. 100 / (positive American odds + 100) X 100 = implied probability. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied Probability. (5 – 1) x 100 = 400. 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. Step 1: Convert -110 American Odds to Decimal Odds. It depends on the one you prefer. g. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. Wager x (1+odds) Thus: 100 x 1. 67 decimal odds. Positive odds (+): It states the amounts of profit you would earn from a $100 bet if your wager is successful. The +115 American odds convert to 2. Bet Type. Next enter 18. 50. The sharpest sportsbook in the world has Rams -105 moneyline odds and their opponent moneyline -105 odds as well. g. Probability = 0. If you have a specific bet or odds you wish to convert, use Pinnacle's Odds Converter. Now you can tell that $7. The table below shows some typical pricing in all three formats and the corresponding implied probability. Converting Positive American Odds: American Odds: +350; Fractional Odds: 350 / 100 = 3. In our Bills-Dolphins example, you'd plug 2. The odds calculator shows the amount of money. 615). Using -300 as an example, the formula would be 1 + (100 ÷ 300) = 1. The +115 American odds convert to 2. 00 has an implied probability of 33. Outspread to moneyline converter would quickly reveal that the expected moneyline odds for the Celtics as favorites to win would be -349. For negative odds (favorites), convert using this formula:The odds converter tool offers the easiest way to change between different odds format used in bookmakers and different betting sites, such as *Fractional*, *Decimal* and *American* and even the likes of Hong Kong, Indonesian and Malay odds. Math Hacks - Converting American Odds to Probability Made EasyLearn how to convert between American Odds (-110) and Probability (52. The formula is as follows: 100/odds. If the odds were -750, the bettor would have to wager $750 in order to profit $100 (and therefore receive back $850 in total). Quick navigation: American Probability The value automatically updates once there is an input. Once selected please enter the Odds value and press convert. The Stars are 1. American odds are centered around winning or wagering $100. 300/100 is simplified to 3/1. 75: 1. This gives you a decimal odds of 2. Bet Amount. The implied probability calculator helps bettors compare the implied probability of a betting market against the actual “fair” probability of that market. To learn more about the ins and outs of betting odds we recommend reading our guide to betting odds. When odds are expressed with a plus (+) or minus (–) symbol followed by a number. 3rd Step. 00 or higher: (Decimal odds – 1) * 100. Convert your decimal, fractional and moneyline betting odds using our odds converter tool. Under 1/1: Divide -100 by the Fraction as a Decimal. The +140 American odds convert to 2. For example, if your win probability is 62%, then your equivalent decimal odds are 1/0. Use our odds calculator to easily convert American (a. For favorites, you must add the minus sign. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. Subtract your original stake to get the parlay odds. You must first convert odds to implied probability. Usually, you would place your chips at the intersection of four numbers on the. 8%; 1/4Minus American Odds Conversion. An odds converter calculator is a tool that allows bettors to convert between different odds formats and implied probabilities. 0 x 5, or £55 in total. As you can see in the example, a $10 bet with 2. If the odds are negative, apply this formula: odds/ (odds + 100). How to convert odds? Quickly and easily convert odds to fractional, decimal and American formats. Single bet odds calculator The calculator will automatically update to show you the decimal odds (3. We can do this manually using this formula: (Decimal Odds -1) x 100 = American Odds; Or you can use our odds converter on BestOdds. g. Simply input a figure in any of the fields above, click submit and the rest of the form will populate. 0 decimal odds. 00 or . 2 + 1 = 1. When positive, American odds express the number of units that can be won from a 100 units wager. To calculate positive odds, you divide the bookmaker’s odds by 100 and multiply that number by your wager. To illustrate, a slight favorite would carry odds of say -200, while a heavy favorite might be at -1500. To convert American odds to decimals, you simply carry out the reverse calculations. Add 1, and. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. You must add a positive sign to the result to get the correct moneyline odds. 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. Odds: 8. 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. Examples. 0. Hold (Rake) Expected Value. 0. 8 -220 odds = 100 ÷ 220 + 1 = 1. 50 – 1 = 0. While this conversion to -303. In American odds, 5. Fractional Odds. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. That’s because the odds offered are less than the 50% chance of success deserves. There are a number of ways that odds can be. 0 is Full Kelly, 0. g. 40-1) x 100 = 4. 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. 25 the American Odds are +125. Here’s an example, using odds of 5. Therefore, the decimal odds equivalent is 2. Using the above +140 as a gambling calculator odds example, the formula works like this: (140/100) +1 = 1. g. Multiply the result by 100. Multiply all decimal odds together to find the parlay odds. Step 2. So, using our example again: +180 odds = 180 ÷ 100 + 1 = 2. The American odds usually start with a plus(+) or a minus(-). This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. Implied win probability = 76. Decimal. NBA Odds Calculator: See the projected payouts of your NBA bets. 2. American odds represent the amount you can win for every $100 wagered (e. For converting negative American odds to decimal odds, divide 100 by the. ), use. For a + sign, divide the odds by 100. For example, a net payout of 4/1 would be quoted as +400. So the calculation for decimal odds of 1. The winning bettor would receive a return of $700 whether the bet was made with fractional odds or American odds. For example: when Indonesian odds are -1. It also calculates the implied probability of the bet and the profit if the bet wins. The main drawback is the price. Betting odds is a payout ratio that has the house profit margin built into it. , if we have odds of 1:3, then we divide 1/3 by 4/3 which gives us a probability of 0. 50 is: 1. Converting American odds to fractional oddsThey have a ton of different features which can be useful for many different bettors. These moneyline odds are generally used for an event with two outcomes. The Oilers have odds of 2. Enter the Odds and Stake of your original bet and the Odds for the alternative outcome. Betting odds calculator allows you to insert your odds and automatically convert them to American, Decimal, and Fractional odds. To convert European odds to US odds: If the European odds are greater than 2, subtract 1, multiply the result by 100, and round to the nearest whole number (e. 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. 67. 45. You can find some common examples in decimal, fraction, and percentage probability. Malaysian odds are expressed in decimals, either positive or negative. and is the most simple way to determine how much you would win on a $100 wager. 0. This is helpful in handicapping because you can see just what percentage of your wagers you need to win at each given money line in order to profit. Minus odds represent favourites and will tell you how much money you need to risk to win $100. This means positioning the decimal number as the numerator and 1 as the denominator. The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. Enter the amount you want to bet, i. In this case, you'll find that 12/1 translates to +1200 in American odds, a format widely employed in the US sports betting scene. Step 4. 1:20. 22 percent. To convert American odds into decimal, divide the American odds by 100 and add 1. Work out your sports bet returns for: Accumalators, Lucky 15’s, Doubles and more. 25) odds and your total stake, and immediately calculates your potential winnings & payout for the bet. A successful $100 bet returns $210, so you’re risking $100 to win $110 (risking 1 unit to win 1. To convert American odds to decimal odds, you can use the following formula: Decimal odds = (American odds / 100) + 1. 632 -> True probability: 0. There are two possibilities: the figure quote can be either positive or negative. William Hill can calculate the payouts for different types of bets. Here’s an example, using odds of 5. Below, you’ll find a couple of examples for converting American odds into decimals. The yellow fields above are input cells. American odds can be either positive or negative, and the number indicates how much money you need to bet in order to win a certain amount. 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. 5 the total returned is $35 ($10 * 3. 00. Implied Probability to Odds Calculator for Sports Betting (Percentage to Odds) Find the best sports betting tools here: calculators, excel spreadsheets, odds comparison, and more. American odds always use a baseline value of $100. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. Example 2: Japan to beat China. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. The first calculation table below will convert odds from American to decimal odds and American to fractional odds. How to Convert American Odds to Decimal Odds. Implied. To convert American odds to decimals, you simply carry out the reverse calculations. american odds of . If the American odds are positive (underdogs), convert using this formula: (American odds / 100) +1. Enter the correct odds in decimal form. Decimal odds = 5. Therefore, the implied probability equals 71. This means that for each unit bet, you would win 2. Fractional odds have been traditionally used in the United Kingdom, but have mostly now been replaced by decimal odds. We have made the conversion of odds on this calculator as easy as possible. Convert the American odds to decimal odds using our odds converter. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. +1765. Betting odds appear in various forms: American odds (+ or -), a decimal, or a fraction. 12: 89%: 1/7-714: 1. See what your total payout and winnings will be. In addition to welcoming arbitrage bettors. You can use Covers' moneyline odds calculator to convert between American, decimal, and fractional odds,. This gives you a fast and easy way to see whenever a sportsbook’s odds are simply too good to pass up. For the second method, you’ll divide the American odds by 100 and deduct 1 from the answer. Learn how to calculate your return with percentage odds. If the odds are -200, you divide 100 by (200+100) and get 0. If the odds are negative, for instance $-110, wagering $110 dollars would generate a payout of $210 and a profit of $100. 000, but you can still do a rough conversion in order to have a sense of the nearest fractional odds. 22. Decimal odds conversion to percentage Decimal odds are a simple reflection of the return you will receive for each single unit placed. For example, staking £5 at decimal odds of 11. Because it’s a negative number, you’ll use the equation (100 divided by odds) + 1 = decimal odds. 5 x -100 = -200. Quick, do the math of the return on a $10 bet with 20-23 odds. Most bookies will manually set their odds to Fractional,. So you get an event that happens "1 in 13,983,816" tries. American Odds To Fractional Odds. The Result of the other odds type will be automatically calculated upon pressing convert. The formula to convert positive American odds is: Implied Probability =100 / (positive American odds + 100) x 100%. If you have decimal odds of 2. 6667) Implied Probability (%) Calculate. Divide 100 by negative odds and add one for negative American odds. Calculate how much you'd win based on the odds and total wagered for all types of sports bets. Decimal odds = (100/American odds) + 1. g. 00 in decimal odds equals +200 in American odds) How to convert Hong Kong Odds to decimal odds. American Odds (+150) Decimal Odds (2. 1234 to 88. Live betting odds and lines, betting trends, against the. Let’s now look at Plus American odds. As an example, imagine the sharpest bookmaker in the world has the New York Mets moneyline odds listed at -104 odds. Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. To convert from American odds to decimals, all you need to do is divide the American value (e. An odds converter is a tool that automatically converts one odds format to another. Above we have posted the American odds for Euro 2020. For example, if you want to convert. A negative number indicates what you must bet to make £100 profit, while a positive number indicates how much you might profit if you bet £100. 00 – 1) * 100 = +500). This would look like +320 odds running through as 100 ÷ 420 to get 0. For example: 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 (-). 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. 4 cents plus the original stake of $1. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. Where the American odds have a positive value, simply divide them by 100 and then add 1. Meaning you would need to wager $200 and $1500, respectively, to win $100. Call 1-800-GAMBLER. The Eagles were -125 and the Chiefs were +100. 20 = 120/100 = 6/5. Add the positive sign, and we get +400. That implies the Packers have about a 66. 2 minus 1 multiplied by 100 equals 220). Add 1 to each result. Convert odds to a fair win probability like this: producing a probability with 0 < p ≤ 1/2 0 < p ≤ 1 / 2. S. Secondly, you can use any bet type you can imagine. Plus odds represent underdog odds and will tell you how much you’ll win if you bet $100. 2-500 83. A tool like our moneyline calculator can be crucial to a. Conversion American odd to decimal depends on whether it is negative or positive. 2 minus 1 multiplied by 100 equals 220). NFL Odds Calculator: See the projected payouts of your NFL bets. Much easier to know who the favorites are, who the underdogs are, and how much you’ll. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. Fractional odds: Los Angeles Lakers 3/2, Boston Celtics 1/2. 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. 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. 1/2 odds = -100 / (1/2) = – 200; How to Convert American Odds to Decimal Odds.