Sticking with the NFL odds examples used above, you would find odds of 9. Enter the odds. Fortunately, there are tons of free calculators available online that you can use to convert odds within. Step 2: Calculate Payout. To convert this to American odds go back to our formula (-100)/ (Decimal odds – 1) which calculates to a moneyline of -102. 50 – 1) x 100 = 1. 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. And that’s not all, since it can also be used to compare. For negative American odds, it’s [odds] ÷ [odds +100] x100. This means a $100 bet would potentially win you $200 in. Calculating Sports Betting Payouts of Indonesian Odds Bets. Because it’s a negative number, you’ll use the equation (100 divided by odds) + 1 = decimal odds. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. g. ‘moneyline’ odds are used. 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. That's quite a lot of difference so which one is correct?Odds Formula. Ew. US odds = (-100)/ (1. 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. American odds are a little trickier, as they operate using positive and negative odds. (+400/100) + 1 = 5. For example, 2. -110 odds mean you need to wager $110 to win $100. 5 x -100 = -200. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. We have made the conversion of odds on this calculator as easy as possible. 00, you can convert them to positive American odds using the formula (Decimal Odds – 1) x 100. 03. Malaysian odds are expressed in decimals, either positive or negative. When the American odds is a positive number, divide it by 100 and add 1. Odds format american +125 decimal 2. You then multiply the top and bottom numbers by ten until there are no decimal places left. William Hill can calculate the payouts for different types of bets. 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. Choose your preferred format. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. g. Larry Hartstein 55-31 (64%) L86 PROPS. 59% to see this is -594. Fractional. Pick the original format of odds. ‘moneyline’ odds are used. 60 (i. Simply fill out the bet amount and odds in any one format and our calculator will show you the results! Odds Converter Use this bet calculator to easily calculate and convert between american odds (moneyline odds), decimal odds, fractional odds, and implied odds. Easily convert betting lines to fair odds, helping you make more informed decisions, maximize value, and optimize your sports betting strategy. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool. Use the AllStar’s betting odds conversion table and betting odds conversion calculator below to quickly switch from one odds format to another. 03 profit. 50. 3%. By utilizing our odds converter you will be able to do sports betting odds conversion in an instant, and. In the poker world, an out is defined as a card that will improve your hand. To convert American odds to decimals, you simply carry out the reverse calculations. This means that the no vig “fair” odds are +100, and both teams have an implied win percentage of 50%. Moneyline bets are as straightforward as it gets in sports betting. Click on Add Bet to add the other wagers on your ticket. It’s even less obvious when you’re working with American odds and decimal odds. g. Lastly, using the American methodology, Australia's odds to win the 2015 ICC Cricket World Cup is -250. 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. If the fraction is smaller than 1, it is known as odds-on, which is the same as negative American odds. 17: 85%: 1/5-500: 1. 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. 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. So, given our previous example, a very simple calculation. While this conversion to -303. 00 = 3. Let’s say 10/11 in fractional, 1. Under Odds Type, pick your odds style. Note 1: The calculator accepts US or decimal odds. Let’s now look at Plus American odds. Team B: 330 / 100 = 3. 22. 85), fractional odds (57/20), and implied probability (25. In American odds, that’s +597, meaning this parlay pays nearly 6-1. Below, you’ll find a couple of examples for converting American odds into decimals. How to Convert American Odds to Decimal Odds. a decimal value of 1. 97, for a stake of $100, you stand to win $597 ( 6. An odds calculator is easy to use. 3rd Step. If the decimal odd is greater than or equal to 2, apply this formula: A = (D - 1) x 100. 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 (-). 50 is: 1. Odds of +120. 00. 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. Single bet odds calculator The calculator will automatically update to show you the decimal odds (3. 0 x 5, or £55 in total. You can convert between Decimal, Fractional, and American odds using BettingPremier’s simple odds converter calculator. Calculate the implied. Divide the odds by 100, and then reduce it to its simplest form, e. If the American odds are positive (underdogs), convert using this formula: (American odds / 100) +1. Fractional Decimal American Implied Probability; 1/5 1. This means that for each unit bet, you would win 2. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied Probability. 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. The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. g. Convert values between American, Fractional and Decimal Odds. 3%. 1) Convert the American odds from each leg of your parlay into decimal odds. 00 – 1) * 100 = +500). 4, you do the following: The last step is to calculate the implied probability using the American odds to implied probability formula. It also calculates the implied probability of the bet and the profit if the bet wins. 11/4 to Decimal Odds. This tool can be used to compare markets and odds, as well as find the implied win percentages for a given team. 62 = 1. So that same event that had a roughly 50% chance of. 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 $100 (if Moneyline is positive). After entering your American odds, the Decimal, Fraction, and Implied Probability fields are then automatically populated. Multiply the multiplier by your bet amount. Simply enter your bet amount and the odds and our parlay calculator will show you your expected profit (“To Win”) and. This calculator uses decimal odds, so you can't use fractional odds used in the UK or American odds. 22:. Decimal odds = (100/American odds) + 1. For Joe’s Parlay, the American odds would be: (11. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. Calculator for Sports Odds. The odds converter instantly converts fractional, decimal and moneyline odds into your chosen format and gives you the implied probability of the event occurring. Implied. 67. 9091) Win %: ROI: Calculate: Kelly Criterion Calculator; Kelly Multiplier: (1. The Stars are 1. Use this betting tool before heading to your sportsbook to ensure you are committing to the best. The Oilers have odds of 2. The figure quoted is either positive or negative. 1 day ago · 0. For example, if you enter American odds of -125 into the US odds box, it will tell you that this equates to 1. -100 divided by 1. Step 4. 00 you place on a particular outcome, you will receive a profit of 0. Stake ($) Net Profit ($)While all odds formats show the same thing, there are slight advantages and disadvantages for American odds. 72 which converts to -139 american odds. Enter the odds & stake and our bet value calculator will do the rest. ), use. 3%. $10 x (120/100) =. Set a bet amount. Odds conversion. In this case, you have it correct: 1 0. 30 decimal, and 13/10 fractional. Step-by-Step Conversion from American Odds to Franctional. American odds are usually in 100s for example 300 is the same as the decimal odds 4. Conclusion: Understand your winnings. Odds: 8. 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 = (Decimal Odds – 1) * 100. 4. Of course, in the US, American odds are the most common. By clicking the convert button, the odds converter will provide the other variation of odds, which is as simple as that. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. The team would win 5 out of 6 games and lose 1 of them. +125), Fractional (e. The +115 American odds convert to 2. Convert the American odds to decimal odds using our odds converter. 00 in decimal odds equals +200 in American odds) How to convert Hong Kong Odds to decimal odds. 00, you can convert them to negative American odds using the formula -100 / (Decimal Odds – 1). , (6. You can use this tool as an odds on calculator. 10/11. The American odds usually start with a plus(+) or a minus(-). The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. Find out how to convert American Odds to Decimal odds, as well as Fractional and Implied. This shows that our. 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. Learn how to calculate the implied odds and true odds of a bet using the betting odds calculator. (y – 1) x 100. So the calculation for decimal odds of 1. 67. Click on calculate to view what your wager will pay out. Texas A&M Aggies vs Florida Atlantic Owls Odds - Friday November 24 2023. (-200 will be -100/-200. American Odds, -110. When negative, the American odds indicate the number of units that would need to be successfully wagered to win 100 units. The odds converter also displays the implied probability. Completely FREE to use. 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. 50 x 100 = + 150. Negative figures: The odds state how much must be bet to win £100 profit e. For underdogs it works a bit differently. Converting positive American odds to Implied odds. 8%; 1/4Minus American Odds Conversion. (y – 1) x 100. Decimal. Hold (Rake) Expected Value. Supports single bets only. 25 the American Odds are +125. Unlike pre-match arbitrage, which relies on discrepancies in odds before a game, live arbitrage focuses on exploiting the fluctuations that occur during gameplay. Enter the vig, odds & stake and our vig-free calculator will do the rest. The second calculation table below will convert from decimal odds to American odds and decimal odds to fractional odds. Find out how to convert American Odds to Decimal odds, as well as Fractional and Implied odds. You must add a positive sign to the result to get the correct moneyline odds. For example, American odds of -110 are equivalent to 10/11 and 1. The most comprehensive and reliable bet calculator. If you bet $10, your winnings would be $6. For converting moneyline to decimal, when the moneyline price is positive divide it by 100 and add 1. 1st Select the odd format 2nd Insert the reference odd 3rd Check the final conversion Try now How to Use Our Betting Odds Calculator. American Probability The value automatically updates once there is an input. The most straightforward way of doing this is to pick a calculator using American odds. 38 – 1) x 100 = 1038 or +1038 in the language of the book. To convert American odds to decimals, you simply carry out the reverse calculations. This is an easy one to work out, but some other odds can be a lot more complicated. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. Decimal. Below, you’ll find a couple of examples for converting American odds into decimals. 75 – 1 = . To convert a decimal of 2. You can use Covers' moneyline odds calculator to convert between American, decimal, and fractional odds,. 5 x -100 = -200. 00. For example, when you use an odds converter to convert decimal 1. First you must convert the American odds to decimal odds. 00. An odds payout calculator will show you your profit based on which odds format you use. 15 in winnings). How to Convert American Odds to Decimal Odds: Decimal odds are another popular way odds are listed, especially overseas. Select a bet type in the right column. The two-point conversion was good, and the Cowboys have all but wrapped up another Thanksgiving victory, leading 31-10 with 10 minutes to go. 00 and 2. Converting odds into probability, we divide the odds by 1+ the odds e. When moneyline odds are positive, the figure indicates how much money will be won on a $100 wager (this is done for an outcome that is considered less likely to happen than not). How To Use The Odds Converter. g. They will allow you to convert American odds to decimal odds simply and easily. Example for -150 American odds: (100 / -150) - 1 = 1. 5-point favorites in a contest with the over/under set at 228. You would see the following information as a result. When odds are expressed with a plus (+) or minus (–) symbol followed by a number. Converting positive odds: You divide the American odds by 100 and add 1. American odds of 400 converted to decimal odds is (400 / 100). To convert decimal odds to fractional odds, you need to do the reverse. 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. NJ only. However, it is not always 100% precise if the decimal is not . In American odds, 5. A positive or plus (+) sign in front of the odds quote means that the odds displayed indicate the winnings that will be returned from a $100 bet. 0 would return 11. g. Decimal to American. 20). Add the positive sign, and we get +400. 1. 97%). Where the American odds have a positive value, simply divide them by 100 and then add 1. Probability = 150 / (150 +100) Probability = 150 / 250. Enter the amount you want to bet, i. However, manual conversions tend to take time and are prone to mistakes. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. For example, if you bet $10 at an odds of 3. odds-calculator featured above. 11/4 = 3. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. For decimal odds between 1. 50. 33. Subtract your original stake to get the parlay odds. 50 – 1. 2 = -100 / (1. In this case, you’ll receive $16. Decimal odds will be converted to the nearest standard American or Fractional equivalent. 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. For example, if the Dallas Cowboys are +300 in American odds, which is equivalent to 4. 39 (+339). American odds. Convert odds between Fractional, American and Decimal format and see the implied odds at each. 0 (+200 as American odds), you would win $20. Odds of +345 conversion (345/100) + 1 = 4. An odds converter is a tool that automatically converts one odds format to another. moneyline), Decimal, and fractional odds. 00 or higher: (Decimal odds – 1) * 100. Here is a guide to what each part of the calculator means: American Odds / Moneyline Odds / US Odds: These are the odds that you most likely see on the type of American sportsbooks that we review here on USA. (+400/100) + 1 = 5. The left chart is to be used for favorites, and the right for. Use our odds converter to instantly convert your fractional, decimal or American odds into your chosen format. The tool will then calculate and display the same odds in the other formats and also show the implied probability. 11% (European) and 7. Packers: 200 / (200 + 100) *100 = 66. 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. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. 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. Question: How do I convert decimal odds to American odds? Answer: If the decimal odds are greater than 2. To see what these are in American odds, head over to our odds converter and in the implied probability field enter 85. It depends on the one you prefer. Example 2: Japan to beat China. 8 -220 odds = 100 ÷ 220 + 1 = 1. Assuming A1 is the American Odds, In B1, input: =IF(A1="","",IF(A1>0,(A1/100). 4 = $140 total payout. 55. Of course, being a mediocre Excel nerd, I want to automate as much as possible, but now. An unbeatable betting experience. If the odds were -750, the bettor would have to wager $750 in order to profit $100 (and therefore receive back $850 in total). 5), but the potential profit is $25 ($10 * 3. It tells you to expect a $9 payout (including an $8 profit and the return of your $1 stake) for every $1 you wager. 7. Indonesian odds can be likened to American odds. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. American odds converter. To convert something to be "1 in N", you simply take the reciprocal. Under 1/1: Divide -100 by the Fraction as a Decimal. Positive American Odds To Decimal For positive American odds, you’ll have to divide the money line by 100. If the odds are 0, then it is an exact 50/50 bet and will pay out 1/1. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. 50. Use the Bookmakers. 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. For any bet that has a handicap value set (ex: a point spread of -6, total of 43, etc. If Negative. 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. Their opponent is also listed at -104 odds, so both teams have the same moneyline odds. 1:20. The average american odds give me -149, which convert to 1. Multiply your bet amount with the multiplier. Most betting sites provide each odds option. To calculate what you actually won, subtract your initial bet from the total payout. To calculate your profits only, simply follow the formula: Wager x odds. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. This gives both outcomes a win probability of 52. For a. 64. 5 points. The implied probability of winning column on our odds converter is also useful, because it tells you whether you are betting on a heavy favourite or an underdog. 25) odds and your total stake, and immediately calculates your potential winnings & payout for the bet. g. 50, Boston Celtics 1. 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. 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. If the American odds are positive, you would divide by 100 and add 1. 5. But simply just add your american odds into the calculator above, along with your stake and the Pickswise odds calculator will take care of the rest. For example, if the odds are +200, the calculation would be: Decimal odds = (200 / 100) + 1 = 2. 100 / (positive American odds + 100) X 100 = implied probability. 5. However for many sports and markets such as American Football, Boxing etc. We have several different calculators here and in many ways, this odds calculator is our easiest to understand. The Sportsbook Scout Odds Screen is just a one time purchase for lifetime access to live odds. Use this odds calculator for all types of bet, including each way bets. For example, if you want to convert. To use Gaming Today’s 3-Way Fair Odds Calculator, enter the odds for each option in the “American Odds” fields and click “Calculate”. For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. American odds are a little trickier, as they operate using positive and negative odds. g. Explanation for our Football Odds Converter. A Trixie betting calculator is a tool that helps bettors determine the potential returns and profits of their Trixie bets. 50= -200. Work out your sports bet returns for: Accumalators, Lucky 15’s, Doubles and more. It depends on the one you prefer. Check out more insight into how. 00. Then simplify if necessary. g. $10 bet = $13. g. You can mix and match various odds formats. The moneyline calculator formula for negative odds is (100 / odds) x $50. (5 – 1) x 100 = 400. American - Moneyline. For odds over 1/1, you then multiply the fraction by 100. 0. 1, whereas the Clippers would have the underdog moneyline odds of +270. 91 x 2. Bet Amount. Remy Raven New Member. Simply enter the odds into the box below and we will automatically convert it for you. For every $1 wagered, the bettor profits 71. "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. Bet Type. Negative American odds: 1 – (100/ – American odds) = decimal odds. Decimal = Hong. The “implied probability” is a mathematical expression of the percentage chance of the selection you are choosing being successful. To calculate returns using decimal odds just multiply the stake by the decimal odds, the resulting number includes your initial stake. US odds. As a reminder, in cases where the decimal odds are 2. To Fractional. Implied Odds. Your estimated probability of the event you are backing is crucial for Kelly criterion to work. How to convert American odds to implied probability. The Zcode System odds converter also allows you to discover the implied probability of winning the bet. American odds are slightly more complicated, but once you understand them, they’re easy to convert to probability. When American odds are positive, the figure indicates how much money will be won on a $100 wager (this is done for an. Where the American odds have a negative value, divide 100 by the odds and then add 1. your stake.