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. 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. Implied. Use the AllStar’s betting odds conversion table and betting odds conversion calculator below to quickly switch from one odds format to another. There are two possibilities: the figure quote can be either positive or negative. Examples: Odds of +120 conversion (120/100) + 1 = 2. An odds converter calculator is a tool that allows bettors to convert between different odds formats and implied probabilities. 5 minus the $10 stake). g. American Odds (+150) Decimal Odds (2. 4 = $40 net profit. Converting Positive American Odds: American Odds: +350; Fractional Odds: 350 / 100 = 3. A tool like our moneyline calculator can be crucial to a. 5 minus the $10 stake). 00, you minus 1 from the decimal and then times the answer by -100. 0 (+200 as American odds), you would win $20. 5% = 60%) = 58% true win probability. 47. Negative figures: The odds state how much must be bet to win £100 profit e. Call 1-800-GAMBLER. Converting American odds into fractional odds is simpler. 1. If you bet $100 with +100 odds, you’ll receive $100 in addition to your original $100 for a total of $200. 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. 11/4 = 3. 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. So, Nate Diaz at +110 in American odds can be worked out as: (110 / 100) + 1 = 2. Whether you use the Decimal or American format, you’ll get the best betting odds with Pinnacle, the ultimate bookmaker with the highest limits and lowest margins. Wager x (1+odds) Thus: 100 x 1. 7143 Malay Odds. 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. American odds are usually in 100s for example 300 is the same as the decimal odds 4. Converting Decimal Odds to American Odds. If the fraction is smaller than 1, it is known as odds-on, which is the same as negative American odds. 30 (+130). Get free picks & predictions. 00 on the Chiefs winning the Super Bowl. If you are curious about the math behind calculating parlay payout, you’ll need to use an odds converter to convert American odds to decimal odds. American odds, also known as moneyline or US odds, are expressed with either a positive or negative number. Odds/Probability Conversion. Fractional Odds = (100/negative American odds) Fractional Odds = (positive American odds/100) Turning American odds into a fractional format. Secondly, you can use any bet type you can imagine. You can also cancel all your bets by clicking on the "CLEAR BETS" buttons or pressing "UNDO" to cancel the last one. Decimal. For example, staking £5 at decimal odds of 11. In other words, divide 100 by the absolute value of the American odds and add 1 to the result. 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. You win $700 profit per $100 staked. Calculate how much you'd win based on the odds and total wagered for all types of sports bets. 97, for a stake of $100, you stand to win $597 ( 6. 0 in decimal odds & 3/1 in fractional odds, then their implied win probability is 1 divided by 4 = . 00. For example, if you want to bet $100 on the Cincinnati Bengals’ moneyline odds and know their American odds (+285), insert those odds into the calculator. Calculate the implied. 50, 13/2 and +650 all mean the same thing and the need for an odds converter! Make your sports betting experience easier with our betting odds converter, letting you convert odds in all formats!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. 100 divided by 110 is 0. American Odds. 00, you minus 1 from the decimal and then times the answer by -100. 5. Learn how to calculate your return with percentage odds. An odds converter is a tool that automatically converts one odds format to another. To convert these odds to their respective implied probabilities we make. 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. Use this betting tool before heading to your sportsbook to ensure you are committing to the best. Probability = 150 / (150 +100) Probability = 150 / 250. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. Choose your preferred format. 67 decimal odds. 40-1) x 100 = 4. :. Fractional. 20 = 120/100 = 6/5. 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. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. To determine the payout, multiply the result by the wager. 2 + 1 = 1. Example, Rounding = 2, format 0. For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount. Question: How do I convert decimal odds to American odds? Answer: If the decimal odds are greater than 2. Convert odds to a fair win probability like this: producing a probability with 0 < p ≤ 1/2 0 < p ≤ 1 / 2. Enter Odds. Bet Amount. American odds are the most popular odds format in the U. To. 61. 00, you minus 1 from the decimal and then times the answer by -100. Enter the odds. 50 and the American variation of +150. Indonesian odds can be likened to American odds. If you have + American odds and want to see them in decimals, the formulae is: (American odds/ 100) + 1 = Decimal odds. Moneyline odds are worked out to a bet of $100. 50. Single bet odds calculator The calculator will automatically update to show you the decimal odds (3. Example: Converting -110. You can also convert the odds manually with the following formula: Divide 100 by a negative number (minus. Cowboys minus 170. 00. To convert American odds to decimals, you simply carry out the reverse calculations. You're betting on which side will win an event and if that side wins, you win. 2500 in. Odds Converter. 714 in decimal odds (-140 in American). Implied Probability is a chance of winning percentage. For example: A $100 bet at 1. The expected value of a $100 bet on Rams +110 is equal to $5, as seen in the calculator. 50 is: 1. 500/ (600) = 5/6 * 100 = 83. g. Therefore, it’s always a good idea to double-check. 54. How to Convert American Odds to Decimal Odds: Decimal odds are another popular way odds are listed, especially overseas. You can mix and match various odds formats. 001234 to 0. "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. 2 minus 1 multiplied by 100 equals 220). 3%; 2/9 1. So that same event that had a roughly 50% chance of. The most comprehensive and reliable bet calculator. This means you would need to wager $184 to win $100 if you bet on that team to win. 2: 83%: 2/9-455: 1. Decimal odds, most popular in Europe, are fairly straightforward. Learn how to calculate the implied odds and true odds of a bet using the betting odds calculator. For example, American odds of 500, the calculation would be 500/100 = 5. Once selected please enter the Odds value and press convert. See what your total payout and winnings will be. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. Betting Odds Conversion Table Fraction Decimal American Implied. Enter Odds. This means that for each unit bet, you would win 2. pro and college sports including the NFL, NCAA, NBA, MLB, NHL to Golf, Tennis & NASCAR Events. How To Use The Odds Converter. Decimal odds are also called European odds as they are the primary odd format in Europe. 55. Why use an Odds ConverterOdds Calculator. A negative value of -200 says. That means the bookies estimate an Aston Villa to be very unlikely, at a probability of 13. Odds for favorites are accompanied by a minus (-) sign. 00 – 1) * 100 = +500). An odds calculator is easy to use. To convert negative odds, you create a fraction by putting. Then add 1 to get decimal odds of 6. Many bookmakers support all three odds formats. The average american odds give me -149, which convert to 1. Odds conversion. The moneyline calculator formula for negative odds is (100 / odds) x $50. Step 1: Enter your odds. How to convert Decimal odds to American odds. 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. American odds of 400 converted to decimal odds is (400 / 100). 50 x 100 = + 150. Erik Kuselias 29-11 (73%) L40 PROPS. 0. Single bet odds calculator The calculator will automatically update to show you the decimal odds (3. . Rounding. Above we have posted the American odds for Euro 2020. 91 in decimal or -110 in American odds. The odds for the underdogs are accompanied by a positive (+) sign, indicating the amount won for every $100 staked, in terms of the underdogs, the higher the number, the larger the underdog. It also calculates the implied probability of the bet and the profit if the bet wins. 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 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. This would look like +320 odds running through as 100 ÷ 420 to get 0. Odds of +345 conversion (345/100) + 1 = 4. 50. Payout: 11:1. NJ. Convert the American odds to decimal odds using our odds converter. You can convert your odds between American, decimal and fractional quickly and easily by using the table below. For example, if the odds are +200, the calculation would be: Decimal odds = (200 / 100) + 1 = 2. For example, if you successfully bet $10 on odds of 3. See moreUse this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. The calculator will show your profit amount (“To Win”) as well as your payout amount (“To. a decimal value of 3 = (3 - 1) * 100 = 200. It is most commonly used in the United States and differs from decimal and fractional odds. For decimal odds between 1. 0 x 5, or £55 in total. If the odds are positive, apply this formula: 100/ (odds + 100). There are two calculations for this conversion too. 97 is +597, meaning this parlay pays nearly 6-1. 1: 91%: 1/9-910: 1. 00 is used by default). W/U. It depends on the one you prefer. For example, should a user input fractional odds off 6/4, the odds converter will take this and provide both the decimal odds of 2. Now, multiply the decimal odds for each of the parlay legs together to get a multiplier. (y – 1) x 100. 97%). Explanation for our Football Odds Converter. All U. , 3. To learn more about the ins and outs of betting odds we recommend reading our guide to betting odds. k. 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. I'm guessing that there would have to be some conversion of the odds row (Row B) to convert from American odds to fractional odds to get the formula to read the odds. How to Use the Sports Betting Odds Calculator and Converter. Our easy to use odds conversion table makes odds converter simple. Our parlay odds calculator can show you your expected payout from a parlay bet based on the amount wagered and the odds of each leg in any format (American, Fractional, or Decimal). 5) Malay Odds (-0. 50. A $300 bet at 1/3 odds would win $100, for a total payout of $400. Multiply all the decimal odds together. 6667) Implied Probability (%) Calculate. For. 22:. You must add a positive sign to the result to get the correct moneyline odds. Where the American odds have a negative value, divide 100 by the odds and then add 1. 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. For example, when you use an odds converter to convert decimal 1. 59% to see this is -594. 45. Now, as shown in the parlay calculator, your total payout is +700 odds. Click on Add Bet to add the other wagers on your ticket. Fractional. 9091) Win %: ROI: Calculate: Kelly Criterion Calculator; Kelly Multiplier: (1. 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. It also calculates the implied probability of the bet and the profit if the bet wins. ), use. Any odds with a plus sign (like +150) means you'll win more than you risked — a $100 bet at +150 wins. 3%. For American odds of +150, you’ll need to divide 150 by 100 and add 1 to the result. 54%. Enter the odds. 00 or higher: (Decimal odds – 1) * 100. When negative, the American odds indicate the number of units that would need to be successfully wagered to win 100 units. 6667. American, decimal, fractional odds, and implied probability can be calculated. Convert odds for winning probability (percentages). Converting positive American odds. Use this tool to strip pairs of American odds down into true implied. 7%. Negative American odds: -100/Odds = fractional odds. Subtract your original stake to get the parlay odds. Potential Profit = $12. 76. The vig percentage represents how much “vig” or “vigorish” the sportsbook is charging you. 15 in winnings). It’s important to note that odds converters may round the odds to the nearest decimal place, which can affect the return and profit of a wager. To begin using the Football odds Converter you need to select with type of odds you need to convert. American odds = ( (numerator / denominator) + 1) x 100 if the fractional odds are below 2. m. The Sportsbook Scout Odds Screen is just a one time purchase for lifetime access to live odds. Converting American odds into fractional odds is simpler. To Win: $0. 10 units. Conversion American odd to decimal depends on whether it is negative or positive. g. We offer wager types including; Straight Bets, Parlays, Teasers, Buying and Selling Points, If Bets and Action wagers. If we believe the chances of the Knicks winning the game are greater than 60%, we have found a value bet. BonusFinder betting odds calculator helps you figure out how much you stand to gain. Formula: Decimal Odds = (100 / Absolute Value of American Odds) + 1. For example, if your win probability is 62%, then your equivalent decimal odds are 1/0. For every $1 wagered, the bettor profits 71. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. Example. Here’s an example, using odds of 5. The equation to convert negative American odds is: Negative American odds / (Negative American odds + 100) * 100 = implied probability. Sorted by: 6. 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. The team would win 5 out of 6 games and lose 1 of them. For example, with -160 odds, calculate as 100/160, and reduce to 5/8 fractional odds. Unlike pre-match arbitrage, which relies on discrepancies in odds before a game, live arbitrage focuses on exploiting the fluctuations that occur during gameplay. This is an easy one to work out, but some other odds can be a lot more complicated. Let’s first show how to convert standard American odds to fractional odds: Positive odds ÷ 100 = Fractional odds; Let’s convert +200 to fractional odds. To win $100 for a Cowboys win, you have to bet $170. Bet Type. Positive American Odds To Decimal For positive American odds, you’ll have to divide the money line by 100. 67. Many bookmakers support all three odds. Let’s use odds of +500 and -500 for these examples. 20). 6-to-1, and a. 20 – 1 = 1. These moneyline odds are generally used for an event with two outcomes. Odds Converter. Moreover, the built-in payout calculator helps ensure that users of the best betting brokers get the most value from their bets. If we believe the chances of the Knicks winning the game are greater than 60%, we have found a value bet. True Odds. 2 - 1) = -500 American odds. 2nd Step. +1765. 5 minus 1 equal -200). Bet Amount. Original Odds. 50, the conversion to American odds would be: American Odds = (2. How to convert betting odds into probability. To convert negative odds, you create a fraction by putting. 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. American to Decimal ; American to Fractional; Odds Converter; Decimal to Fractional. If you bet $100 on the Giants and they win, you win $150. e 60%) So the bookmakers are suggesting the Knicks are a 60% chance of winning the game. Hold (Rake) Expected Value. In the poker world, an out is defined as a card that will improve your hand. Odds of -330: Decimal odds = 1. The decimal odds price equivalent is 1. For example +100 in sports betting means that you get your money doubled. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. For example, if you want to bet $100 on the Cincinnati Bengals’ moneyline odds and know their American odds (+285), insert those odds into the calculator. You will soon get the hang of it. Simply multiply your bet amount by the decimal odds, then subtract the bet amount out of the total payout to calculate your winnings. As a reminder, in cases where the decimal odds are. It takes the bottom line – how much money you’ll receive from bets. Keep reading to see how to calculate odds value! By using our odds value calculator online, you’ll see whether any odds are value bets. 50. For an explanation of the odds types on this table see decimal, fractional and American odds. 9091) Win %: Calculate: Fraction of Bankroll to Wager: Vig Calculator and Vig Free Line Calculator; Calculation Type: Explanation: Team A: Team B: Average: US Odds:Moneyline odds are favoured by American bookmakers. Moneyline bets are as straightforward as it gets in sports betting. 5 minus the $10 stake). For any bet that has a handicap value set (ex: a point spread of -6, total of 43, etc. A 4-point underdog in the NBA would have a money line listed at about +150. Atlanta Braves no vig odds = 60% / (43. 8000 in decimal odds, 4/5 in fractional odds, 0. Use this odds calculator for all types of bet, including each way bets. Convert American Odds to Decimal Odds. 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. 100 over the relevant number (ignoring the negative sign). William Hill can calculate the payouts for different types of bets. For the above odds, the implied probability of a Cardinals win is: 120/ (120 + 100)*100 → 120/220 * 100 = 54. Win more using the ultimate sports betting tool, we compare the odds from every legal sportsbook on every event. Implied Odds. Here’s the formula:The Probability to Odds Formula. To remove the juice from moneylines the first step is to convert the betting odds to implied probabilities using risk/return=implied probability. For example, by inputting the decimal odds of 1. In other words, odds of 1. For example, a decimal value of 4 works like this = (4 - 1) x 100 = 300. To convert a decimal of 2. Find out how much you'll win on any parlay. Negative american odds - Negative 100 divided by (the decimal odds minus one) e. 9%. For plus odds, the formula for doing so is adding 1 to American odds and dividing them by 100. How to Convert American Odds into Decimal Odds. Add 1 to each result. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and. 3%. Enter the odds. 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. That implies the Packers have about a 66. American odds are always expressed as a positive or negative number. One of the visitors already on campus for Nebraska this Friday is Liberty lineman George Dragovich, a 2024 lineman. $10 bet = $13. For example, if the Dallas Cowboys are +300 in American odds, which is equivalent to 4. Under Odds Type, pick your odds style. 20 plus the original $1 stake. American Odds. The odds calculator shows the amount of money. 66. , (6. For Negative American Odds: Fractional Odds = 100 / (ABS(American Odds)). 2 = 12/10 = 6/5. How to Convert Odds From Decimal to American? For Decimal Odds Greater Than 2. Of course, being a mediocre Excel nerd, I want to automate as much as possible, but now. Let’s use a couple of examples to illustrate how this works. 00. 00: American = -100 / (decimal – 1) For decimal odds above 2. 0 is Full Kelly, 0. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and more. Next, you take 1 / (Decimal Odds) to get your implied win probability percentage. 7143 Malay Odds. 714 in decimal odds (-140 in American). Note that +100 and -100 are both equivalent to decimal odds of 2. Implied Probability is a percentage that is derived by converting the given betting odds that represent the likelihood of that outcome occurring. g. Add the positive sign, and we get +400. Betting odds is a payout ratio that has the house profit margin built into it. Using -300 as an example, the formula would be 1 + (100 ÷ 300) = 1. 5/4) or Decimal (e. While this conversion to -303. Use the AceOdds Bet Calculator to work out returns for Accumulators, Lucky 15's, Doubles, Trebles, Football, Horse Racing and more. Example #2: Betting 3. 5) Indonesian Odds (1. To convert American (moneyline) odds to Decimal odds, a different calculation is used depending if the American odds is a negative number or a positive number. To calculate positive odds, you divide the bookmaker’s odds by 100 and multiply that number by your wager. American odds are common only in the US and few countries in. Firstly, you can set up the calculator to work in Fractional, American or Decimal odds. Simply put in your bet amount and the odds in any format, and our calculator will show you how much you would win, your odds in the other formats, and the implied probability of the chance of winning. However, it is not always 100% precise if the decimal is not . Completely FREE to use. 62 = 1. -100/-140 = 0. 0 in decimal 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. 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. When you see decimal odds of 2. Multiply the result of Step 2 by your bet amount. 00. While this conversion to -303. The figure quoted is either positive or negative. 00. To change your odds format, simply click the drop down menu next to “Odds Type” and select either American or Decimal.