The Stars are 1. Hit convert to see the odds in all formats. Converting American odds into fractional odds is simpler. 613 (value rounded up)On the calculator select which team you wish to bet on, the home or away team. 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. Live betting odds and lines, betting trends, against the. 91 (-110) and Bet 2 has odds of 2. For the sake of explanation, let's look at converting negative American odds: odds / (odds + 100) * 100 = implied probability. Decimal odds video. For example: A $100 bet at 1. 00. To calculate your profits only, simply follow the formula: Wager x odds. American odds are slightly more complicated, but once you understand them, they’re easy to convert to probability. 67. Use the AllStar’s betting odds conversion table and betting odds conversion calculator below to quickly switch from one odds format to another. 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. How to Use a 3-Way Fair Odds Calculator. 714 in decimal odds (-140 in American). 30 x $50 = $165. You can select between inputting American Odds or Decimal Odds, and the calculator will automatically generate the vig-free odds in the same format. g. The formula to convert positive American odds is: Implied Probability =100 / (positive American odds + 100) x 100%. Multiply the result by 100. 5%. Additionally, input the amount of your bet and it will calculate the payout you will receive. 100 over the relevant number (ignoring the negative sign). On underdog odds, the number next to the (+) sign indicates your winnings on a. Using -300 as an example, the formula would be 1 + (100 ÷ 300) = 1. This is also known as “juice” or “hold. Converting American odds to fractional oddsThey have a ton of different features which can be useful for many different bettors. Examples: Odds of +120 conversion (120/100) + 1 = 2. The default wager is set at $100. Multiply all decimal odds together to find the parlay odds. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool . Example, Rounding = 2, format 0. 25 fractional 5/4. In other words, divide 100 by the absolute value of the American odds and add 1 to the result. For negative American odds: Decimal odds = (100 / -American odds) + 1. 97%). 50 odds will pay out $150 ($50 profit, plus your $100 stake). 5-point favorites in a contest with the over/under set at 228. Simply follow these steps: Step 1: Input your odds. 500/ (600) = 5/6 * 100 = 83. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. 67. 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. Single bet odds calculator The calculator will automatically update to show you the decimal odds (3. Negative Moneyline odds will always convert into decimal odds with a price of less than $2. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. 3%. To remove the juice from moneylines the first step is to convert the betting odds to implied probabilities using risk/return=implied probability. Add 1 to each result. For Negative American Odds: Fractional Odds = 100 / (ABS(American Odds)). Of course, in the US, American odds are the most common. 3%. If both favorites are priced at -200 (1. The calculator will show your profit amount (“To Win”) as well as your payout amount (“To. ), use. Josh Nagel 37-17-3 (69%) L57. Here are a few examples that help to illustrate the conversion from American odds into Malaysian odds and back again. To calculate positive odds, you divide the bookmaker’s odds by 100 and multiply that number by your wager. Above we have posted the American odds for Olympic basketball. 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. This is a great tool to use to help you decide on whether a bet is likely to. 90909. x. An odds converter allows bettors to easily convert money line odds between different formats, such as American, decimal, and fractional. This table can be used to convert one type of odds format into another. In the poker world, an out is defined as a card that will improve your hand. While this conversion to -303. OK, now let's convert our American odds to probabilities. See what your total payout and winnings will be. You would see the following information as a result. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. 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. Note 1: The calculator accepts US or decimal odds. 97 is +597, meaning this parlay pays nearly 6-1. producing a probability with 1/2 < p < 1 1 / 2 < p < 1. Odds Converter Calculator. Learn how to convert betting odds using our odds conversion formulas. Why use an Odds ConverterOdds Calculator. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. g. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. Odds of +345 conversion (345/100) + 1 = 4. 50 is: 1. Just like how you’d have to wager $220 to win $100 on a -220 favorite, you’d wager $22 to win $10. 200 ÷ 100 = 2/1; When dealing with negative odds, this is the formula that you should use:-100 ÷ Negative odds = Fractional odds; Let’s convert -200 to fractional odds. 2381, and then x100 to have a probability of 23. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. 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. 5) Indonesian Odds (1. Win more using the ultimate sports betting tool, we compare the odds from every legal sportsbook on every event. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. Implied odds are the conversion of a sportsbooks offered odds into an implied win probability. For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount. NBA Odds Calculator: See the projected payouts of your NBA bets. Decimal odds will be converted to the nearest standard American or Fractional equivalent. 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. You can also convert to and from Implied Probability. 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. Odds Jam charges a monthly fee of $200+ depending on which package you select. It’s helpful as most bookmakers will offer their. This is an easy one to work out, but some other odds can be a lot more complicated. (y – 1) x 100. Once selected please enter the Odds value and press convert. Decimal to Moneyline/American. 11/4 to Decimal Odds. The yellow fields above are input cells. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. American odds = ( (numerator / denominator) + 1) x 100 if the fractional odds are below 2. Divide 100 by negative odds and add one for negative American odds. 00 = 2/1 = +200 Decimal odds (also called "European" for their origin) is the most popular format in the world. 5. 40 decimal odds, 7/5 fractional odds, 1. Our calculator supports all major formats: American Odds (-400) Decimal Odds (1. You must first convert odds to implied probability. To do this, let’s go back to ninth-grade algebra. When American odds are positive, the figure indicates how much money will be won on a $100 wager (this is done for an. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. Let’s use Super Bowl 57 as an example. To calculate the American odds based on probability, use one of two formulas: In case of more than 50% probability of an. Start betting smarter today!. It also calculates the implied probability of the bet and the profit if the bet wins. To convert American odds (including -110) to other odds formats and to calculate your payout, use our handy and free odds calculator and converter. The most comprehensive and reliable bet calculator. So the calculation for decimal odds of 1. So you get an event that happens "1 in 13,983,816" tries. For example, when you use an odds converter to convert decimal 1. For plus odds, the formula for doing so is adding 1 to American odds and dividing them by 100. For example, a net payout of 4/1 would be quoted as +400. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. 00 or . 12. 2 minus 1 multiplied by 100 equals 220). For negative American odds, it’s [odds] ÷ [odds +100] x100. It includes three double bets and one treble bet. Negative American odds: -100/Odds = fractional odds. Fractional. Simply enter your odds into the calculator below and then click outside of the table to instantly see the odds in additional formats. Our odds calculator allows you to input your odds in American (e. For example, if your win probability is 62%, then your equivalent decimal odds are 1/0. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. For our example, as the odds are negative, the implied probability will be 150/ (150 + 100) = 60%. If the odds were -750, the bettor would have to wager $750 in order to profit $100 (and therefore receive back $850 in total). Where the American odds have a positive value, simply divide them by 100 and then add 1. Click on calculate to view what your wager will pay out. The FreeBet calculator is one of the best calculators you will find online. 50 – 1 = 0. American odds are often used in the United States, Canada, and Australia. The easiest way to convert American odds into decimal odds is by using an Odds Calculator. 2 + 1 = 1. 615). In addition to welcoming arbitrage bettors. Then add 1 to get decimal odds of 6. For example, if the odds are -150, the decimal odds would be 1. Positive figures: The odds state the winnings on a. American Odds To Fractional Odds. Hold (Rake) Expected Value. No-Vig Fair Odds Calculator. 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 conversion from probability to odds is usually referred also as a risk to odds conversion. 00, you minus 1 from the decimal and then times the answer by -100. Outspread to moneyline converter would quickly reveal that the expected moneyline odds for the Celtics as favorites to win would be -349. Enter American odds in the Team 1 and Team 2 fields to see the resulting vig (hold) percentage. 00 on the Chiefs winning the Super Bowl. 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. American odds are centered around winning or wagering $100. Odds Converter. Compare how different outcomes on each selection might affect your profits before placing your bet. 47. That implies the Packers have about a 66. 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. Lastly, using the American methodology, Australia's odds to win the 2015 ICC Cricket World Cup is -250. odds-calculator featured above. 91. Negative American odds: 1 – (100/ – American odds) = decimal odds. Learn more. Converting American Odds of 250. Odds of -140. -110 odds mean you need to wager $110 to win $100. 60 (i. You can use Covers' moneyline odds calculator to convert between American, decimal, and fractional odds,. Examples: 1. This table can be used to convert one type of odds format into another. Of course, being a mediocre Excel nerd, I want to automate as much as possible, but now. 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. The +115 American odds convert to 2. Atlanta Braves no vig odds = 60% / (43. To convert this to American odds go back to our formula (-100)/ (Decimal odds – 1) which calculates to a moneyline of -102. Learn how to bet on sports by using our betting odds, odds value, odds converter, and hedging calculators to get all the data you need to make the right wagers. 91 in decimal or -110 in American odds. Question: How do I convert decimal odds to American odds? Answer: If the decimal odds are greater than 2. 5/4) or Decimal (e. Baseball side bettors rarely bet any games at –110, and even if all you do is bet football and basketball point spreads and totals, you’ll have bets at –110, +105, –115, +101, and so on. Where the American odds have a negative value, divide 100 by the odds. $10 bet = $3. 03. For example, decimals odds of 200. You win $700 profit per $100 staked. For decimal odds between 1. 2 = $12. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. Odds for favorites are accompanied by a minus (-) sign. Step 2: If Positive. How to Convert American Odds to Decimal Odds: Decimal odds are another popular way odds are listed, especially overseas. Bet Type. 0 or higher (meaning it will be positive in American odds), use this formula: (decimal odds – 1) * 100. 5 minus the $10 stake). For example, if you want to convert. Fractional American Decimal Implied Odds; 1/10-1000: 1. The following tables show various calculation translations to and different odds types. For Decimal odds that are higher than 100 include. , +120 is $100 to win $120) or the amount you must wager to win $100 (e. The first calculation table below will convert odds from American to decimal odds and American to fractional odds. In this case, you have it correct: 1 0. 300/100 is simplified to 3/1. To see what these are in American odds, head over to our odds converter and in the implied probability field enter 85. ). In this case, you'll find that 12/1 translates to +1200 in American odds, a format widely employed in the US sports betting scene. American Odds. How to convert Decimal odds to American odds. 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. You can also convert the odds manually with the following formula: Divide 100 by a negative number (minus. To convert fractional odds to decimal, take the fractional number, convert it to decimal by doing the division, and then add 1. If you take your desired stake and multiply it by the listed fraction, that will show you the potential payout. These moneyline odds are generally used for an event with two outcomes. In general, you want to convert your odds to a decimal format and multiply the decimal odds by the amount of money you wagered. 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. Thus. Enter the correct odds in decimal form. 50 – 1 = 0. Decimal to American. As a reminder, in cases where the decimal odds are. A +350 underdog means you risk only $100, but you. com. 50 = 6/4 = +150 3. In our Bills-Dolphins example, you'd plug 2. Check out more insight into how. 100 / (positive American odds + 100) X 100 = implied probability. 00. 5/1 or 7/2. Input your first wager in the Bet #1 slot. Malaysian odds are expressed in decimals, either positive or negative. Arbitrage exists because bookmakers set their odds independently; in other words. E. 40 for Indonesian/Hong Kong odds, and -0. Step 2: Input the amount of money you want to stake. Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. Divide the odds by 100, and then reduce it to its simplest form, e. This odds conversion tool converts between US, decimal, fractional, Hong Kong, Indonesian, Malay odds, and. Choose your preferred format. Favorite: Odds / (Odds + 100) *100. 00 in decimal odds, and one over two is 1/2, or 50%. g. 50. To convert odds of less than 2. 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. 97 x $100 minus your initial $100 stake). For example, a favorite of four points in the NBA might have a money line of around -184. How to Convert American Odds to Decimal Odds: Decimal odds are another popular way odds are listed, especially overseas. Betting Odds Conversion. 1 units). A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. American Odds (+150) Decimal Odds (2. To convert American odds to decimals, you simply carry out the reverse calculations. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. If a positive number: (+A. Usually, you would place your chips at the intersection of four numbers on the. Convert values between American, Fractional and Decimal Odds. Zcode System’s odds converter allows you to convert odds from American to decimal to fractional with ease. To convert a decimal of 2. The vig percentage represents how much “vig” or “vigorish” the sportsbook is charging you. You can find some common examples in decimal, fraction, and percentage probability. Implied. 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. This bet might come into play with a total or two closely matched clubs. If you bet $10, your winnings would be $6. The Eagles were -125 and the Chiefs were +100. 30 x $50 = $165. 75 = 75/100 = 3/4 2. For the second method, you’ll divide the American odds by 100 and deduct 1 from the answer. The sharpest sportsbook in the world has Rams -105 moneyline odds and their opponent moneyline -105 odds as well. Examples: Odds of +120 conversion (120/100) + 1 = 2. Minus odds represent favourites and will tell you how much money you need to risk to win $100. S. If it is negative, take -100, divide it by US odd and add 1. 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). Many bookmakers support all three odds. Again, you then need to simplify the fraction if possible. A $300 bet at 1/3 odds would win $100, for a total payout of $400. 3%. So the calculation for decimal odds of 1. Simply enter the market into a no vig calculator to determine fair win probability. Remove 1 from the decimal and convert to a fraction, then reduce to simplest form: (decimal-1) -> convert to fraction. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. Hold (Rake) Expected Value. If you have decimal odds of 2. You will sometimes see +540 rendered as 6. By utilizing our odds converter you will be able to do sports betting odds conversion in an instant, and. Example: Converting -110. 5/2 = 3. If this ease of use is not enough reason for you to start using a betting odds calculator, then perhaps you will be convinced by the concept of being able to. That’s it! There are two calculations for this conversion too. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. American odds of 400 converted to decimal odds is (400 / 100). How to convert odds? Quickly and easily convert odds to fractional, decimal and American. So, given our previous example, a very simple calculation. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. If we believe the chances of the Knicks winning the game are greater than 60%, we have found a value bet. Select a bet amount in the left column. American Odds. 50 and American odds of +350. For. 39 (+339). Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. For negative American odds, take -100 and divide it by the decimal odds minus one. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. Enter the Odds for your bet and our Margin Calculator will work out the probability and the bookmaker's margin. -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. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. For example, to convert odds of 1. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and. Enter the odds. Decimal Odds, 1. Multiply all the decimal odds together. A Trixie betting calculator is a tool that helps bettors determine the potential returns and profits of their Trixie bets. Use our Arbitrage Calculator to work out how to guarantee profit in a two-way or three-way market. Now, as shown in the parlay calculator, your total payout is +700 odds. 00 you place on a particular outcome, you will receive a profit of 0. American odds cannot simply be multiplied together — each. 5 the total returned is $35 ($10 * 3. The table below shows some typical pricing in all three formats and the corresponding implied probability. 65 means that for every 1. 3% before) and Utah should win the game 37. This means that for each unit bet, you would win 2. If, for example, the result of multiplying legs of a parlay bet is 6. Moneyline is the most common, a straight line of numbers against a specific opponent. We have made the conversion of odds on this calculator as easy as possible. In our Bills-Dolphins example, you'd plug 2. How to Convert American Odds to Decimal Odds. +200 odds mean you wager $100 and win $200. e 60%) So the bookmakers are suggesting the Knicks are a 60% chance of winning the game. 50 is: 1. Example, US2Win(-120,120) = 100, or US2Win(-110) ? 0. 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). 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. Odds Converter. Negative odds indicate losing a large amount per each lost bet. This calculator supports both European decimal odds and American moneyline odds. 4. 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 (-). 3 billion in revenue expected from online. While this conversion to -303. 3%. A +400 American Odds bet would mean you win $400 for a $100 bet, meaning a total return of $500, meaning the bet odds is 4/1. How To Convert Moneyline Odds To Probability. 5/2 to Decimal Odds. g. To calculate the decimal odds of a bet, you only need to know the winning and losing chances. 2. To Fractional. For instance, a decimal value of 1. 0 x 5, or £55 in total.