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). For our example, as the odds are negative, the implied probability will be 150/ (150 + 100) = 60%. g. odds converter. If the ROI is negative, there is no profit available and you will have a guaranteed loss. $10 x (120/100) =. Again, you then need to simplify the fraction if possible. 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. Fractional odds: Los Angeles Lakers 3/2, Boston Celtics 1/2. Enter the odds. So for Lions +500, the formula is (500/100) + 1, which equals 6. A positive value of +500 says you’ll win $500 for every $100 staked. American odds of 400 converted to decimal odds is (400 / 100). How to Convert American Odds into Decimal Odds. E. We have made the conversion of odds on this calculator as easy as possible. For instance, -170 odds can be calculated as 100/170 and reduced. 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. Fill in the odds from the example and we get: Implied Probability =100 / (650 + 100) x 100% = 100/750 x 100% = 13. 100 over the relevant number (ignoring the negative sign). 3 billion in revenue expected from online. 91 (-110) and Bet 2 has odds of 2. E. If you want to convert positive odds to fractional odds, simply just divide the odds by 100. You can also convert the odds manually with the following formula: Divide 100 by a negative number (minus. 50 – 1) x 100 = 1. You then multiply the top and bottom numbers by ten until there are no decimal places left. American Odds = (Decimal Odds – 1) * 100. Fractional betting odds are easy to calculate. 0 and the fractional odds 3/1. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. American It is important to pay. Implied Probability is a percentage that is derived by converting the given betting odds that represent the likelihood of that outcome occurring. 632 -> True probability: 0. There are two possibilities: the figure quote can be either positive or negative. You can use Covers' moneyline odds calculator to convert between American, decimal, and fractional odds,. 20 – 1 = 1. 38 – 1) x 100 = 1038 or +1038 in the language of the book. Remy Raven New Member. Convert values between American, Fractional and Decimal Odds. To convert these odds to their respective implied probabilities we make. Of course, being a mediocre Excel nerd, I want to automate as much as possible, but now. 40 for Indonesian/Hong Kong odds, and -0. For Decimal Odds. To Fractional. , +120 is $100 to win $120) or the amount you must wager to win $100 (e. Moneyline odds, also known as ‘American odds’ are probably the most foreign odds format to those of us outside of North America. 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. 0 decimal odds. 5 minus the $10 stake). For example, an American odds of +120 would win $120 on a successful $100 bet. Fractional Odds = (100/negative American odds) Fractional Odds = (positive American odds/100) Turning American odds into a fractional format simplifies the market price. If you wanted to place a $10 bet on the San Francisco 49ers at -330, you could enter -330 in the odds calculator above. Multiply the result of Step 2 by your bet amount. Learn more. 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. 00. 00. 7143 Malay Odds. 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. 2 = $12. You can convert your odds between American, decimal and fractional quickly and easily by using the table below. There are two calculations for this conversion too. 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. Apr 24, 2018 #1 I'm creating a spreadsheet to keep track of my hobby, sports betting. 3 odds would pay out a total of $23. 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. Call 1-800-GAMBLER. 83 x $50 = $41. You can convert between Decimal, Fractional, and American odds using BettingPremier’s simple odds converter calculator. a decimal value of 3 = (3 - 1) * 100 = 200. To do this, let’s go back to ninth-grade algebra. This means that for each unit bet, you would win 2. Let’s now look at Plus American odds. 1st Select the odd format 2nd Insert the reference odd 3rd Check the final conversion Try now How to Use Our Betting Odds Calculator. For an explanation of the odds types on this table see decimal, fractional and American odds. For the second method, you’ll divide the American odds by 100 and deduct 1 from the answer. Once again, we have two different formulas for positive and negative odds, but they’re both simple to follow. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. With our parlay calculator, you can select how you want your odds displayed. 00 or . 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. 5/2 to Decimal Odds. Next, you take 1 / (Decimal Odds) to get your implied win probability percentage. Moneyline is the most common, a straight line of numbers against a specific opponent. Positive figures: The odds state the winnings on a £100 bet e. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied Probability. Fractional Decimal American Implied Probability; 1/5 1. How To Use The Odds Converter. 3%. Let’s now look at Plus American odds. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. 0. 2 + 1 = 1. Our odds converter allows you to enter your odds in one format (American, Fractional, or Decimal) and it will show you your odds in the other formats as well as the Implied Probability of winning. For converting moneyline to decimal, when the moneyline price is positive divide it by 100 and add 1. Fractional American Decimal Implied Odds; 1/10-1000: 1. . Thus, the “fair” win probability for the Mets would. The first calculation table below will convert odds from American to decimal odds and American to fractional odds. Enter the odds & stake and our betting arbitrage calculator will do the rest. Our betting odds calculator can pull the most accurate outcome right out of a hat if you input the correct details and works great as a sports betting odds calculator. net odds converter betting tool for any odds conversions needed. This table can be used to convert one type of odds format into another. The Odds Calculator is a tremendous way to calculate your potential winnings when it comes to placing multiple bets including accumulators. American - Moneyline. Decimal odds, most popular in Europe, are fairly straightforward. So the calculation for decimal odds of 1. No-Vig Fair Odds Calculator. g. 7% chance to win this game. The Sportsbook Scout Odds Screen is just a one time purchase for lifetime access to live odds. To see what these are in American odds, head over to our odds converter and in the implied probability field enter 85. It shows how much the user needs to stake to win 100 units or how much they will win if they stake 100 units. Convert odds from American to Decimal; Convert American odds to an implied win probability percentage; Return the profit of a given bet if it wins; The betting odds calculator will work for all types of bets: point spread, moneyline, total, or props. Fortunately, there are tons of free calculators available online that you can use to. If you need to convert a +210 to a fraction format, it would be 210/100= 21/10. If Negative. Calculate the implied probability given odds and determine the payout and potential winnings from a bet. In our Bills-Dolphins example, you'd plug 2. Step 2: If Positive. 1. For example, to convert odds of 1. There is a simple rule for -110 wagers. For the sake of explanation, let's look at converting negative American odds: odds / (odds + 100) * 100 = implied probability. 00: Subtract 1 from the decimal odds. 47. Example, Rounding = 2, format 0. 85), fractional odds (57/20), and implied probability (25. bookmaker fair payout---Option 2. Low margins. 97%). The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. Add more odds if needed. 2. That equals 22. g. 00 = 3. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. If the decimal odd is greater than or equal to 2, apply this formula: A = (D - 1) x 100. For decimal odds between 1. -100 ÷ -200 = 1/2Double 1: Double 2: Double 3: Treble: Total Return: Total Profit: A Trixie bet is a type of wager that involves placing four bets on three selections. Decimal odds = 5. Using the above +140 as a gambling calculator odds example, the formula works like this: (140/100) +1 = 1. 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. For example, if you bet $10 at an odds of 3. To convert American odds to decimals, you simply carry out the reverse calculations. Are the odds Decimal, Fractional or American? Convert the odds to their implied probability. To convert American odds to decimals, you simply carry out the reverse calculations. 3%. Implied. Bet Amount. Odds of +345 conversion (345/100) + 1 = 4. This is a great tool to use to help you decide on whether a bet is likely to. Negative odds indicate losing a large amount per each lost bet. 0 x 5, or £55 in total. 3% which can then be converted to fractional odds of 2/1. The Oilers have odds of 2. 40 decimal odds, 7/5 fractional odds, 1. 50. How to convert Decimal odds to American odds. Single bet odds calculator The calculator will automatically update to show you the decimal odds (3. So that same event that had a roughly 50% chance of. According to a study by the American Gaming Association, legal sports betting in the United States generated $13 billion in revenue in 2019, with an estimated $4. Joined Apr 24, 2018 Messages 2. Decimal odds conversion to percentage Decimal odds are a simple reflection of the return you will receive for each single unit placed. For Decimal odds greater than or equal to 100, preface the odds with either a “0” or a “d”. 50 – 1 = 0. +200 odds mean you wager $100 and win $200. For example, if you enter American odds of -125 into the US odds box, it will tell you that this equates to 1. Supports single bets only. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. Negative american odds - Negative 100 divided by (the decimal odds minus one) e. For a. Hold (Rake) Expected Value. Calculating Sports Betting Payouts of Indonesian Odds Bets. 15 back ($10 bet + $6. 22 percent. 60 (i. We can do this manually using this formula: (Decimal Odds -1) x 100 = American Odds; Or you can use our odds converter on BestOdds. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. A no vig fair odds calculator is used to back out "fair" odds from a market. Decimal odds = (100/American odds) + 1. They are shown with a plus (+) or minus (–), followed by a number larger than +100 or smaller than -100. 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. By utilizing our odds converter you will be able to do sports betting odds conversion in an instant, and. To convert this to American odds go back to our formula (-100)/ (Decimal odds – 1) which calculates to a moneyline of -102. Moreover, the built-in payout calculator helps ensure that users of the best betting brokers get the most value from their bets. Examples: 1. The. Here’s an example, using odds of 5. Now, as shown in the parlay calculator, your total payout is +700 odds. The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. American odds represent the amount you can win for every $100 wagered (e. To do the math: convert the odds on your lines to decimal format (or simply use our odds converter ). 0 in decimal odds & 3/1 in fractional odds, then their implied win probability is 1 divided by 4 = . Moneyline odds are worked out to a bet of $100. For example, if the odds are -150, the decimal odds would be 1. Use this odds calculator for all types of bet, including each way bets. odds bookmaker fair payout. You can also convert to and from Implied Probability. Outspread to moneyline converter would quickly reveal that the expected moneyline odds for the Celtics as favorites to win would be -349. Giants plus 150. In other words, divide 100 by the absolute value of the American odds and add 1 to the result. 300/100 is simplified to 3/1. -- Your result will display here --. This is a straightforward way to remove vig from odds and get you closer to the. American odds: Los Angeles Lakers +150: If you bet on the Los Angeles Lakers moneyline and they win, you would receive a profit of $150 for every $100 wagered. Decimal odds = (100/American odds) + 1. You must first convert odds to implied probability. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. Completely FREE to use. A Trixie betting calculator is a tool that helps bettors determine the potential returns and profits of their Trixie bets. Our calculator supports all major formats: American Odds (-400) Decimal Odds (1. The most straightforward way of doing this is to pick a calculator using American odds. Below, you’ll find a couple of examples for converting American odds into decimals. 001234 to 0. This means that the no vig “fair” odds are +100, and both teams have an implied win percentage of 50%. Fractional odds work similarly to American odds; they just don’t assume a $100 wager. American odds are calculated on winning or wagering $100 on a given bet. Josh Nagel 37-17-3 (69%) L57. 38% of the time to break even on standard -110 bets. It’s 1 minus (100 divided by the US odds). Find out how to convert American Odds to Decimal odds, as well as Fractional and Implied. 0012, and 88. 67. For negative odds, it’s a bit more tricky. Converting American Odds of 250. Dutching Calculator- Odds changed since you placed your last bet? Use this calculator to determine the stakes necessary to guarantee a fixed. 714 in decimal odds (-140 in American). 30 x $50 = $165. , 400/100 is the same as 4. In this case, you have it correct: 1 0. Divide the odds by 100, and then reduce it to its simplest form, e. Positive American Odds: Example: American Odds = +150; Conversion: Decimal Odds = (150 / 100) + 1 = 1. Now you can tell that $7. Simply follow these steps: Step 1: Input your odds. 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. Learn how to calculate your return with percentage odds. For odds over 1/1, you then multiply the fraction by 100. Odds Converter Calculator. 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. 4. 00. Decimal odds to American Minus American Odds Conversion. OK, now let's convert our American odds to probabilities. For example, American odds of 500, the calculation would be 500/100 = 5. 5. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. An odds payout calculator will show you your profit based on which odds format you use. Here’s an example, using odds of 5. You can convert decimal odds to American odds or fractional odds using our free bet calculator. 4 = $40 net profit. See what your total payout and winnings will be. NBA Odds Calculator: See the projected payouts of your NBA bets. US odds = (-100)/ (1. For Joe’s Parlay, the American odds would be: (11. Positive figures: The odds state the winnings on a. True Odds. However, you checked the sportsbook and found that it had -340 odds for a Celtics win and +260 for a Clippers win. Negative odds are worked out in a similar way but it will often require a calculator to get the answer exactly. American Odds, -110. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. 20. As a reminder, in cases where the decimal odds are 2. 20). This is a popular way to express odds in the US. 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. 00 or higher: (Decimal odds – 1) * 100. Learn more. For example, when you use an odds converter to convert decimal 1. 2-500 83. 03 payout. (+400/100) + 1 = 5. Secondly, you can use any bet type you can imagine. Where the American odds have a positive value, simply divide them by 100 and then add 1. So for American odds of -300 it’s 1 - (100/-300) = 1. Get free picks & predictions. American Betting Odds Calculator. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. 97, for a stake of $100, you stand to win $597 ( 6. g. American odds cannot simply be multiplied together — each. 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. To convert decimal odds to fractional odds, you need to do the reverse. Betting Odds Conversion Table Fraction Decimal American Implied. So 4. 2 - 1) = -500 American odds. How to Convert American Odds to Decimal Odds. For example, if the American odds are 200, divide 200 by 100 and add one: (200 ÷ 100) + 1 = 3. Question: How do I convert decimal odds to American odds? Answer: If the decimal odds are greater than 2. The Result of the other odds type will be automatically calculated upon pressing convert. Odds/Probability Conversion. This percentage factors in the bookmaker. Decimal: Fraction : American (Moneyline)First, using a betting odds converter, convert American odds into decimal odds. Multiply all the decimal odds together. American odds converter. Follow these simple steps to figure out how much to bet. (y – 1) x 100. 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. Stake:To convert odds to probability from positive American odds (ones with a +), you need to calculate 100 ÷ [odds + 100] x100. Example, US2Win(-120,120) = 100, or US2Win(-110) ? 0. Decimal Odds, 1. Odds of +120. It’s helpful as most bookmakers will offer their. 67. After entering your American odds, the Decimal, Fraction, and Implied Probability fields are then automatically populated. Thus. You can find some common examples in decimal, fraction, and percentage probability. American Odds. 00. Thread starter Remy Raven; Start date Apr 24, 2018; Tags $1. To convert American odds (including -110) to other odds formats and to calculate your payout, use our handy and free odds calculator and converter. For example, you could enter American odds such as +140 into the calculator, and this will automatically convert to 2. Click on calculate to view what your wager will pay out. 75 – 1 = . Here you need to choose the proposed bet amount from 1 to 100 units. Just like how you’d have to wager $220 to win $100 on a -220 favorite, you’d wager $22 to win $10. How To Use The Odds Converter. 50. For the sake of explanation, let's look at converting negative American odds: odds / (odds + 100) * 100 = implied probability. 5. 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. Works simply as an odds converter if no bet is entered. You can also cancel all your bets by clicking on the "CLEAR BETS" buttons or pressing "UNDO" to cancel the last one. Of course, in the US, American odds are the most common. Their opponent is also listed at -104 odds, so both teams have the same moneyline odds. 1 – (100/Odds) = decimal odds. Subtract your original stake to get the parlay odds. Simply enter your odds into the calculator below and then click outside of the table to instantly see the odds in additional formats. To convert decimal odds to fractional odds, you need to do the reverse. Learn how to convert betting odds using our odds conversion formulas. 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 (-). We convert this fraction into decimal odds by taking 5, dividing it by the 2, and then adding 1. g. 50. Team B: 330 / 100 = 3. 3%. Subtract your original stake to get the parlay odds. The “implied probability” is a mathematical expression of the percentage chance of the selection you are choosing being successful. . 16 to see this is +450. Simply enter any fractional (British), decimal (European) or moneyline (American) odds and click "Calculate". it means you will win $300 with a stake of $100. In general, you want to convert your odds to a decimal format and multiply the decimal odds by the amount of money you wagered. 67. For every $1 wagered, the bettor profits 71. This bet might come into play with a total or two closely matched clubs. 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. The American odds calculator above allows you to see various outputs such as decimal odds, implied win probability, amount returned on a bet (or “payout”), and bet profit. e 60%) So the bookmakers are suggesting the Knicks are a 60% chance of winning the game. BonusFinder betting odds calculator helps you figure out how much you stand to gain. To Fractional. For instance, a decimal value of 1. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. For Decimal odds that are higher than 100 include. 15 for Indonesian/Hong Kong odds, and -0. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and more. Enter the odds. Odds conversion. You must add a positive sign to the result to get the correct moneyline odds. An odds calculator is easy to use. 5) Fractional Odds (3/2) Hong Kong Odds (1. Bet Amount. 75 the American Odds are -175, so when they are +1. Converting positive American odds. 00. Work out your sports bet returns for: Accumalators, Lucky 15’s, Doubles and more. If the odds are 0, then it is an exact 50/50 bet and will pay out 1/1. Step 2: Calculate Payout. If the American odds are positive (underdogs), convert using this formula: (American odds / 100) +1. American odds are centered around winning or wagering $100. Enter Odds. This is also known as “juice” or “hold. For the above odds, the implied probability of a Cardinals win is: 120/ (120 + 100)*100 → 120/220 * 100 = 54. 40 (decimal odds), but you can use a betting odds calculator to turn it into American odds. Use our odds calculator to easily convert American (a. This gives you a fast and easy way to see whenever a sportsbook’s odds are simply too good to pass up. That implies the Packers have about a 66. Our Arbitrage Calculator will tell you if there is an Arbitrage opportunity. 3rd Step. 62 = 1. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. To read decimal odds and calculate your potential winnings, all you need to do is multiply the decimal number by your stake. g. American odds are a little trickier, as they operate using positive and negative odds. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. Quickly convert to and from: fractions, decimals, American, European, money line & probability percentages. The formula to convert American Odds into Decimal Odds is as follows : Step 1: Determine if odds are positive or negative. Conversion formulae and examples are also provided. Underdogs. Usually, you would place your chips at the intersection of four numbers on the.