You will soon get the hang of it. 5 x -100 = -200. 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. 15 decimal odds, 23/20 fractional odds, 1. 5 x -100 = -200. 67 decimal odds. odds converter. (-200 will be -100/-200. Decimal odds will be converted to the nearest standard American or Fractional equivalent. (5 – 1) x 100 = 400. 4. So for American odds of +300, it’s 1 + (300/100) = 4. Because it’s a negative number, you’ll use the equation (100 divided by odds) + 1 = decimal odds. Fractional odds have been traditionally used in the United Kingdom, but have mostly now been replaced by decimal odds. To convert odds of less than 2. Once selected please enter the Odds value and press convert. 5 decimal odds would become +150 – (2. Sure, but we do the hard work for you with this American odds converter. Plus odds represent underdog odds and will tell you how much you’ll win if you bet $100. sportsbooks default to what we call "American odds" — which are centered around winning or risking $100. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. So, Nate Diaz at +110 in American odds can be worked out as: (110 / 100) + 1 = 2. 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. 62 = 1. Step 1: Convert -110 American Odds to Decimal Odds. That’s because the odds offered are less than the 50% chance of success deserves. Enter any one of the seven inputs and the other six will be computed and displayed. 00. 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. American odds. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. Bet 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. For a + sign, divide the odds by 100. 20. Negative American odds: 1 – (100/ – American odds) = decimal odds. You can use our odds calculator above to calculate the implied odds of a given bet as long as you know the odds of the bet. Select a bet amount in the left column. Decimal to Moneyline/American. When positive, American odds express the number of units that can be won from a 100 units wager. To convert a decimal of 2. Convert values between American, Fractional and Decimal Odds. Fortunately, there are tons of free calculators available online that you can use to. E. If the fraction is smaller than 1, it is known as odds-on, which is the same as negative American odds. American odds: Displayed as a “+” or “-” followed by a number. The odds converter is a must-have tool for any gambler. For example: A $100 bet at 1. Positive American Odds: Example: American Odds = +150; Conversion: Decimal Odds = (150 / 100) + 1 = 1. Decimal odds = 5. 25) odds and your total stake, and immediately calculates your potential winnings & payout for the bet. 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. 4, you do the following: The last step is to calculate the implied probability using the American odds to implied probability formula. Set a bet amount. To convert a decimal of 2. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and. In this way, American odds indicate both the probability and the potential. 33 = 1/3 = -300 2. Bet Amount. Multiply the decimal odds together to get your multiplier. 00 = 2/1 = +200 Decimal odds (also called "European" for their origin) is the most popular format in the world. So that same event that had a roughly 50% chance of. Favorite: Odds / (Odds + 100) *100. 16 to see this is +450. Most bookies will manually set their odds to Fractional,. 1st Step. This is a great tool to use to help you decide on whether a bet is likely to. ‘moneyline’ odds are used. 3333. 40-1) x 100 = 4. To convert positive odds to a decimal, divide the odds by 100 and then add 1. Example 1 – $10 Stake At +120. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. 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. 20). The reality is that nobody bets exclusively at –110 odds. 0. m. Subtract your original stake to get the parlay odds. 00. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. The betting odds calculator tool allows you to enter your odds in American, decimal, or fractional formats and translate them into the format you understand and need to place your sports bets. $10 bet = $3. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. Convert Decimal (European), Fractional (UK) and Moneyline (American) oddsConvert the American odds to decimal odds. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. And at first they appear a little confusing. For converting negative American odds to decimal odds, divide 100 by the. 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 (-). 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. The formula to calculate this probability is relatively straightforward. Rounding. Moneyline odds are worked out to a bet of $100. 1. and is the most simple way to determine how much you would win on a $100 wager. 91 x 2. 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. The higher the number, the higher the probability of you losing the bet. Example: If you want to determine the potential payout and implied probability for an NFL game with American odds of -200, you can input the odds into the calculator. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. You can also convert the odds manually with the following formula: Divide 100 by a negative number (minus. In general, you want to convert your odds to a decimal format and multiply the decimal odds by the amount of money you wagered. 30 x $50 = $165. The main drawback is the price. 4. This means a $100 bet would potentially win you $200 in. An odds converter is a tool that automatically converts one odds format to another. How to Use the Sports Betting Odds Calculator and Converter. 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. Simply input a figure in any of the fields above, click submit and the rest of the form will populate. 71 = 7/10 = 3/5. 2-500 83. 0 (+200 as American odds), you would win $20. 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. odds-calculator featured above. 03. Also, since an "arb" situation only comes out if the odds are less than the odds for team 1 (in my example, since team 1 is at +140, team 2 would have to have odds of -139. Examples. This is where our odds converter comes in handy, as it can quickly and easily convert odds between. 20. 2 = 12/10 = 6/5. 60 (i. Here’s an example, using odds of 5. You would see the following information as a result. 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. Fractional Odds = (100/negative American odds) Fractional Odds = (positive American odds/100) Turning American odds into a fractional format simplifies the market price. American. Select the horses to include in the wager. , 3. Our odds calculator calculates your potential winnings in both American, fractional and decimal odds. +200 odds mean you wager $100 and win $200. 001234 to 0. $ 199 / month Start your 7 day FREE trial Promo Optimizer Suite Convert sportsbook promos and credits into real cash and reach VIP status fast using Middles and Low. Live arbitrage betting involves taking advantage of rapidly changing odds during a sports event. The +115 American odds convert to 2. 1. Where can I bet on Euro 2020 odds?Aside from these calculators, you can also use our Odds Converter to manually change from Fractional to Decimal or American. 40 (decimal odds), but you can use a betting odds calculator to turn it into American odds. g. E. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. This means positioning the decimal number as the numerator and 1 as the denominator. American odds < 0:-100/American odds; Convert the decimal result to a fraction. S. Example. If the American odds are positive (+110, +130, +400, etc. Pick the original format of odds. 5. The big difference between ‘+’ and ‘–’ Indonesian odds is that in the first. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. 2381, and then x100 to have a probability of 23. Vig Calculator. 7:06 p. When you see decimal odds of 2. Next enter 18. g. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. Thirdly, this calculator will show you how much. Decimal. For example, a favorite of four points in the NBA might have a money line of around -184. Moneyline odds are favoured by United States bookmakers and as such, are sometimes called American Odds. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. 39 (+339). To convert American odds to decimals, you simply carry out the reverse calculations. Just enter a value in any one of the fields and the value will be automatically converted to other formats. 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. 5/1 or 7/2. Decimal Odds, 1. How To Calculate Fractional Odds Payouts. Learn about the Compare Lines Calculator This is the Compare Lines Calculator at Unabated which allows you to find the better price between two betting lines. Step 4. 10 units. 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. An odds converter calculator is a tool that allows bettors to convert between different odds formats and implied probabilities. The Excel Parlay Calculator is a very simple sports betting tool. The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. The equation to convert negative American odds is: Negative American odds / (Negative American odds + 100) * 100 = implied probability. 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. Learn how to convert betting odds using our odds conversion formulas. 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. Many bookmakers support all three odds. In this scenario, the Grizzlies are 6. Calculate how much you'd win based on the odds and total wagered for all types of sports bets. So the calculation for decimal odds of 1. Let’s say 10/11 in fractional, 1. So for American odds of -300 it’s 1 - (100/-300) = 1. For example, if your win probability is 62%, then your equivalent decimal odds are 1/0. Decimal. Implied Probability is a chance of winning percentage. American Odds, -110. Above we have posted the American odds for Euro 2020. 6667. +1800). Moneyline odds (AKA American odds) are shown as positive and negative numbers. However, it is not always 100% precise if the decimal is not . 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. This would look like +320 odds running through as 100 ÷ 420 to get 0. Negative american odds - Negative 100 divided by (the decimal odds minus one) e. Use it freely!. American odds always use a baseline value of $100. Just like how you’d have to wager $220 to win $100 on a -220 favorite, you’d wager $22 to win $10. The winning bettor would receive a return of $700 whether the bet was made with fractional odds or American odds. To Fractional. Market Type. 286 or -350 in American notation. 50. Odds are a bit different in that they usually give the ratio between two events. In other words it can be used to handicap the market price for sports where there is the option to bet on Home, Visitor, or Draw. All you need to do is enter the odds of each leg of your parlay into the “Odds” column: The spreadsheet allows for both American and Decimal odds. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. Enter American odds in the Team 1 and Team 2 fields to see the resulting vig (hold) percentage. To find out the probability of a Djokovic win: 500 / (500+100) * 100 = 83. Convert odds between Fractional, American and Decimal format and see the implied odds at each. Stake ($) Net Profit ($)While all odds formats show the same thing, there are slight advantages and disadvantages for American odds. Decimal. To illustrate, a slight favorite would carry odds of say -200, while a heavy favorite might be at -1500. The Lakers had money line odds of -150 to win, while the Knicks odds were +250. The total cost of the ticket will appear next to the words Ticket Cost. Choose from American, decimal, fractional or implied odds formats and see the. Odds of +345 conversion (345/100) + 1 = 4. For example, if you successfully bet $10 on odds of 3. 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. Insert the relevant information. 40 decimal odds, 7/5 fractional odds, 1. Odds Converter Calculator. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. Once again, we have two different formulas for positive and negative odds, but they’re both simple to follow. 1) Convert the American odds from each leg of your parlay into decimal odds. Explanation for our Football Odds Converter. g. 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. American Odds. Use this tool to strip pairs of American odds down into true implied. , (6. An odds calculator is easy to use. If the American odds are positive (underdogs), convert using this formula: (American odds / 100) +1. Cowboys -170. The +140 American odds convert to 2. For odds over 1/1, you then multiply the fraction by 100. Use this tool to strip pairs of American odds down into true implied. 0. A tool like our moneyline calculator can be crucial to a. How to Convert American Odds to Decimal Odds. 00. If you bet $100 with +100 odds, you’ll receive $100 in addition to your original $100 for a total of $200. 25 or 25%. 40 decimal odds, 7/5 fractional odds, 1. To convert European odds to fractional odds, subtract 1 from the European odds and convert the resulting decimal to a fraction (e. That equals 22. Probability = 150 / (150 +100) Probability = 150 / 250. 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. Note 1: The calculator accepts US or decimal odds. 75. 1, whereas the Clippers would have the underdog moneyline odds of +270. If you were to do the calculation yourself, you would want to convert the American odds or fractional odds to decimal odds first, as the formula for implied probability is simple one over the decimal odds. Under Odds Type, pick your odds style. Example, Rounding = 2, format 0. g. 2 + 1 = 1. This gives you a decimal odds of 2. 40 x 100 = +440. -100/-140 = 0. For example, when you use an odds converter to convert decimal 1. If the odds were -750, the bettor would have to wager $750 in order to profit $100 (and therefore receive back $850 in total). 00. Add 1 to each result. Apr 24, 2018 #1 I'm creating a spreadsheet to keep track of my hobby, sports betting. 67. Firstly, you can set up the calculator to work in Fractional, American or Decimal odds. To begin using the Football odds Converter you need to select with type of odds you need to convert. However for many sports and markets such as American Football, Boxing etc. 64 from a $1 bet, for a profit of $120. 83 x $50 = $41. 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. Betting Odds Conversion. Converting positive odds: You divide the American odds by 100 and add 1. Implied odds are the conversion of a sportsbooks offered odds into an implied win probability. When negative, the American odds indicate the number of units that would need to be successfully wagered to win 100 units. 1/2 odds = -100 / (1/2) = – 200; How to Convert American Odds to Decimal Odds. You can also convert to and from Implied Probability. Step-by-Step Conversion from American Odds to Decimal. The calculator to the left can be used to remove vig from 3-way markets such as 1X2 used in football (soccer) and sometimes hockey. Odds Converter Calculator. Follow these simple steps to figure out how much to bet. American odds cannot simply be multiplied together — each. Converting positive American odds. 15 (10 x 0. 91. American Odds (+150) Decimal Odds (2. 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. Below, you’ll find a couple of examples for converting American odds into decimals. 00. Fractional. 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. US odds = (-100)/ (1. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. Use this odds calculator for all types of bet, including each way bets. 3rd Step. If we believe the chances of the Knicks winning the game are greater than 60%, we have found a value bet. How to Convert American Odds to Decimal Odds. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. A +350 underdog means you risk only $100, but you. g. To convert minus (-) American odds, divide 100 by the odds number (without the minus sign) and change that quotient to a fraction. Hold (Rake) Expected Value. e 60%) So the bookmakers are suggesting the Knicks are a 60% chance of winning the game. e. Then simplify if necessary. -- Your result will display here --. Negative American odds: -100/Odds = fractional odds. 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. Point Spread. First you must convert the American odds to decimal odds. 14: 88%: 1/6-588: 1. To calculate your profits only, simply follow the formula: Wager x odds. Use this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. 5/4) or Decimal (e. Multiply all decimal odds together to find the parlay odds. Hit convert to see the odds in all formats. For underdogs it works a bit differently. It includes three double bets and one treble bet. g. However, manual conversions tend to take time and are prone to mistakes. Note that by using the default value of 1 for wager size, these two functions effectively convert from US/decimal odds to fractional odds. For example, staking £5 at decimal odds of 11. The odds comes in two formats. 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. 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. If you wanted to place a $10 bet on the San Francisco 49ers at -330, you could enter -330 in the odds calculator above. The Grizzlies are also heavy favorites from a Moneyline. The odds calculator will also tell you the equivalent implied. For instance, a decimal value of 1. 00. com. You can also cancel all your bets by clicking on the "CLEAR BETS" buttons or pressing "UNDO" to cancel the last one. 4 = $40 net profit. Thread starter Remy Raven; Start date Apr 24, 2018; Tags $1. For Joe’s Parlay, the American odds would be: (11. In our Bills-Dolphins example, you'd plug 2. Malaysian odds are expressed in decimals, either positive or negative. Multiply your bet amount with the multiplier. So the calculation for decimal odds of 1. The expected value of a $100 bet on Rams +110 is equal to $5, as seen in the calculator. 11/4 = 3. Whichever variation you enter into the odds calculator, it converts it to all other formats. ), use. 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. 2 - 1) = -500 American odds. Decimal. Frequently Asked Questions. This tool can be used to compare markets and odds, as well as find the implied win percentages for a given team. 0 or higher (meaning it will be positive in American odds), use this formula: (decimal odds – 1) * 100. However, if I average the decimal odds first and then covert those to american odds, I then get 1. Odds Calculator. 15 back ($10 bet + $6. You can convert decimal odds to American odds or fractional odds using our free bet calculator. W/U. 00, you minus 1 from the decimal and then times the answer by -100. Our lines are displayed in American, Fractional or Decimal Odds. The information and tools in this website are given AS IS WITHOUT ANY WARRANTY OF ANY KIND. Of course, in the US, American odds are the most common. Converting American odds to fractional oddsThey have a ton of different features which can be useful for many different bettors. Click on calculate to view what your wager will pay out. 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. However for many sports and markets such as American Football, Boxing etc.