In horse racing, odds will dip to something like 3/5 or 5/7 which usually means that horse is a big favorite. 3/2. Decimal For example, if you bet $10 at an odds of 3.5 the total returned is $35 ($10 * 3.5), but the potential profit is $25 ($10 * 3.5 minus the $10 stake). Betting Odds: Manchester United Decimal Odds 1.3 Arsenal Decimal Odds 9.0 Draw Decimal Odds 4.0. sum (odds.dec2prob (c (1.3,9,4))) 1.130342. Under Odds Type, pick your odds style. We use decimal odds throughout our app. They display as a number followed by a decimal point. Odds Converter - Convert Odds Into Decimal, Fractional and ... Odds Converter | Odds Conversion Formulas | TheFootballLines Decimal odds will be converted to the nearest standard American or Fractional . To be able to convert from Fractional to Decimal odds you first have to enter a fraction (such as 5/2). How to convert Decimal Odds to American Odds. For example, you may see decimal odds of 2, 2.0, or 2.00. Decimal Odds in Sports Betting, Explained - Action Network This creates the decimal odds of 2.40/1. The key constant with betting odds is implied probability, the odds may look different but the probability of the outcome winning is the same.. Other useful calculators Converting probabilities into odds, we simply divide the probability by 1 less the probability, e.g., if the probability is 25% (0.25), the odds are 0.25/0.75, which can also be expressed as 1 to 3 or 1/3 or 0.333. It will also calculate the implied probability of . A 3/5 favorite is equal to -167 in American odds and 1.6 in decimal odds. Odds Converter | Decimal, Fractional and Moneyline | Bet Types Free Parlay Calculator: Calculate Payouts on Any Number of ... Converting odds of 2.00 or higher: You take . Odds Converter - Betting Tools | Bookmakers Review Converting from Decimal to American odds. = 1.25 . Represents the total amount you will receive if you win, including the return of your stake. Fractional to American Odds. Smarkets's odds converter converts decimal odds, American odds, fractional odds and percentage odds into your preferred odds format, so you can quickly identify the best odds across bookmakers and betting exchanges. To see how it works in practice, here's is the calculation of converting the odds of 2.50 and 5.40 in US-style format. Our odds converter allows you to convert between decimal, fractional and moneyline odds. To convert implied probability to Decimal odds, use the following equation and example: Odds = 1 / Probability. Therefore, an odds converter allows you to quickly convert US Odds (such as +100) to UK odds (such as 1:1) to Australian Odds (such as $2.00). For example, if you bet €50 with odds of 2.35, you will receive €117.50 in total if you win. Odds Converter Calculator - Convert Decimal & Fractional Odds Odds Conversion Table With Decimal, Fractional, US Odds ... It accepts American odds, decimal odds, fractional odds, Malay odds, Indonesian odds and Hong Kong odds, while also informing you of the implied probability of success. Parlay Calculator For Sports Betting Odds | Odds Shark Convert these fractional odds to decimals 2.10 and 2.20. The Odds Converter is able to convert odds by using the odds formats listed below. 40%. If you think the Dallas Cowboys have a 65% chance of winning the SuperBowl, you can convert this probability . Betting Odds Converter 2021 | US Betting Odds Converter Use our odds converter to switch between fractional, decimal and american betting odd formats. Enter any one of the four and the other formats will be automatically computed and displayed. For more information on betting odds and how they work, please see my Betting Odds Explained guide. That single unit is best thought of as $1. Input your first wager in the Bet #1 slot. The Betrescue Odds Converter table converts decimal odds to fractional odds and vice version. Moneyline / American. The implied odds field will display the win probability percentage from the odds entered. This tool allows you to convert odds between decimal, fractional, moneyline and implied probability formats. Must be a number from 0-100. Shows the total amount you will receive if you win, including the return of your stake. Implied probability is just the percentage chance that something will happen. Input the odds you want to convert and a bet amount to calculate your potential winnings. Decimal odds is an odds format typically used in Australia. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. While the "+" is not necessary it is considered proper notation when discussing American odds. Our odds converter will allow you to instantly convert American, Decimal and Fractional odds and receive an exact payout for the amount you wish to wager. Odds Converter. To convert Decimal odds of 2.00 or greater to American odds: (Decimal Odds - 1) x 100 To convert Decimal odds of less than 2.00 to American odds: (-100)/(Decimal Odds -1) Hong Kong Odds. We use American style (-500), but you can choose Fractional (1/5) or Decimal (1.20). Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. Decimal Odds: 1.25. Must be "+" or "-" and a whole number over 100. By utilizing our odds converter you will be able to do sports betting odds conversion in an instant, and . The odds converter instantly converts fractional, decimal and moneyline odds into your chosen format and gives you the implied probability of the event occurring. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. We use decimal odds throughout our app. Implied probability. Click on Add Bet to add the other wagers on your ticket. $10 bet = $13.03 payout. Where as in using decimal odds at the betting exchanges with odds like 2.0 or 3.5, it is much quicker & easier to work out. In the fraction, the second number is the stake and the first number, the profit you will . The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. E.g. You can also convert to and from Implied Probability. Bet Calculator. Because in a regulated market you will post up the original wager amount the calculation equates to your $100 wagered which you get back plus your $90 in earnings. Please use the below chart to convert odds between decimal, fractional and American prices according to your betting needs. Divide the odds by 100, and then reduce it to its simplest form, e.g., 400/100 is the same as 4/1. What is an odds converter? Example: 3.40 - 1 = 2.40. Decimal odds = 0.2 + 1 = 1.2. Odds of -118 conversion (100/118) +1 = 1.85 Odds of -200 conversion (100/200) +1 = 1.50. As a reminder, in cases where the decimal odds are 2.0 or greater the moneyline will come out a positive number and therefore the conversion formula is 100*(Decimal odds -1) instead of the (-100)/(Decimal odds - 1) used . Use our odds conversion table. This doesn't mean that this is the player's EXACT chance of winning the game. Use our odds converter to switch between fractional, decimal and american betting odd formats. Odds of 4/7 will be 4 divided by 7, which equals 0.57, then add 1 which equals Decimal odds of 1.57. Bettors will often have to go with whatever odds format is on offer . For each-way bets select the tick box on the right of the page if your selection has . When you place a parlay bet, you get much better odds than you would by simply adding the winnings of each individual bet together. Decimal . Converting from Decimal to American odds. Hong Kong Odds Explained This odds format (also known as HK Odds) works the same as Decimal Odds, but does not include the stake. How do you convert to decimal odds to fractional odds? Fraction and decimal odds are the most popular format of odds used by the majority of online bookmakers. Read More Sports Betting Q&As Implied Probability e.g. Again, an odds converter can do this math in seconds, so you can get the percentage of . What are Fractional Odds? This would be 3.00 in decimal odds, and 2/1 in fractional odds. Converting American odds into fractional odds is simpler. If you want to convert odds to probability, you would divide 1 by the decimal odds that are presented. Hong Kong odds are adopted by many Asian bookmakers. Step 1: Divide . Below we have put together some examples of how you can covert Decimal Odds to Fractional odds without using a table or calculator . Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. Decimal Odds / European Odds/ Continental Odds: Decimal odds tell you the amount returned for every one unit wagered. 100 / (Decimal Odds - 1) After doing this calculation, the odds are rounded and a negative sign must be added. Convert Decimal to American. This doesn't mean that this is the player's EXACT chance of winning the game. To see how it works in practice, here's is the calculation of converting the odds of 2.50 and 5.40 in US-style format. a decimal value of 1.2 = -100 / (1.2 - 1) = -500. 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. Just enter a value in any one of the fields and the value will be automatically converted to other formats. For instance, 6/4 express in decimal odds is 1.5 + 1 = 2.50 (decimals always expressed to two places) If the number at the bottom of the fractional odds is larger than the number at the top, then the selection is 'odds on' - it is deemed to have more than a 50% chance of success. Decimal is one of many odds formats used by sports betting companies to present the likelihood of something happening or not happening. Converting probability to Decimal odds is a lot simpler than to American odds. Decimal Odds are widely used across Europe, and in countries such as Australia and Canada. With decimals you can see that your stake is included in the figure. For example: when decimal odds are 1.75, Hong Kong Odds are 0.75, so when Decimal Odds are 3.25, Hong Kong Odds are 2.25. 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. This calculator allows sports bettors to quickly and accurately convert odds from one format to another. +150. Fraction / British. Hold (Rake) Expected Value. Smarkets odds converter. You can convert between Decimal, Fractional, and American odds using BettingPremier's simple odds converter calculator. For example, if you bet $100 at odds of 3.75, you will receive $375 in total if you win. Bet Amount e.g. Decimal to Fractional Odds. Fraction / British. How to convert decimal odds to fractional odds. If the decimal odds are 1.90 and you wager $100 then if you win you will receive $190 (1.90 x $100). With our parlay calculator, you can select how you want your odds displayed. 0.5 x -100 = -200. If you wanted to place a $10 bet on the San Francisco 49ers at -330, you could enter -330 in the odds calculator above. American Also, this is very handy when creating your own tissue prices. Skip to content; Free bets, betting, odds comparison, racing results, football scores at Betrescue . Hence, decimal odds of 1.5000 imply that if a $1 bet were to win, $1.50 would be returned to the bettor (the $1 initial stake plus $0.50 in winnings), while decimal odds of 3.0000 imply that if a . This number indicates the potential return for every $1 wagered. Here, you'd just input the information . The simple way to work out decimal odds is, the first 1.0 is your own stake money, therefore 2.0 is the same amount again & is equivalent to evens, so you get you get the same as your stake money back if you win & with . Likewise, a 2/1 bet in decimal form is 3.00, also meaning that for every £1 bet, you will . American Odds e.g. So for decimal odds of 3.00, you do this: 3 - 1 = 2. 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. 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