You must add a positive sign to the result to get the correct moneyline odds. 1/2 odds = -100 / (1/2) = – 200; How to Convert American Odds to Decimal Odds. Your estimated probability of the event you are backing is crucial for Kelly criterion to work. 9091. This gives you a fast and easy way to see whenever a sportsbook’s odds are simply too good to pass up. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. Moneyline is the most common, a straight line of numbers against a specific opponent. How to convert odds? Quickly and easily convert odds to fractional, decimal and American. Sorted by: 6. g. Odds of +345 conversion (345/100) + 1 = 4. , if we have odds of 1:3, then we divide 1/3 by 4/3 which gives us a probability of 0. NJ. 500/ (600) = 5/6 * 100 = 83. Corner. The. To convert minus (-) American odds, divide 100 by the odds number (without the minus sign) and change that quotient to a fraction. 50, the conversion to American odds would be: American Odds = (2. 4. To convert decimal odds to fractional odds, you need to do the reverse. Arbitrage exists because bookmakers set their odds independently; in other words. When displayed using American odds, they have a positive number. Money Line Calculator (Implied Probability Converter) The following chart shows how likely a team is to win based on the odds. And at first they appear a little confusing. Therefore, the implied probability equals 71. So the calculation for decimal odds of 1. Simply follow these steps: Step 1: Input your odds. 00. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. This would look like +320 odds running through as 100 ÷ 420 to get 0. Betting Odds Conversion Table Fraction Decimal American Implied. 1 – (100/Odds) = decimal odds. 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. 1 – (100/Odds) = decimal odds. To convert American odds to decimal odds, you can use the following formula: Decimal odds = (American odds / 100) + 1. If both favorites are priced at -200 (1. Decimal Odds, 1. What this means is that you would win $150 for every. Examples. Fractional Odds, 7/4. To convert odds of less than 2. If a positive number: (+A. 97 is +597, meaning this parlay pays nearly 6-1. 0 (+200 as American odds), you would win $20. We have made the conversion of odds on this calculator as easy as possible. For converting negative American odds to decimal odds, divide 100 by the. 00, you minus 1 from the decimal and then times the answer by -100. 8000 in Hong Kong style, -1. Probability = 0. Converting positive American odds to Implied odds. 50 and 1. 2 minus 1 multiplied by 100 equals 220). 5 x -100 = -200. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. In the poker world, an out is defined as a card that will improve your hand. 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. A negative value of -200 says. For decimal odds between 1. 2nd Step. 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. The decimal odds price equivalent is 1. 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). For example: Why you have to win 52. 97, for a stake of $100, you stand to win $597 ( 6. Single bet odds calculator The calculator will automatically update to show you the decimal odds (3. That’s why we accept bets on the widest array of U. Just enter a value in any one of the fields and the value will be automatically converted to other formats. 3%. The best odds converter you'll find on the market is available right here on the best betting agent's website. For every $1 wagered, the bettor profits 71. Negative figures: The odds state how much must be bet to win £100 profit e. 0. 75 = 75/100 = 3/4 2. Add 1 to each result. To convert from decimal odds to positive American odds, you can generally subtract by 1 and then multiply by 100. To calculate the American odds based on probability, use one of two formulas: In case of more than 50% probability of an. 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. 2 = -100 / (1. For Decimal Odds. g. Positive figures: The odds state the winnings on a. Convert odds to a fair win probability like this: producing a probability with 0 < p ≤ 1/2 0 < p ≤ 1 / 2. American Betting Odds Calculator. 30 decimal, and 13/10 fractional. 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. 20 = 120/100 = 6/5. Fill in the odds from the example and we get: Implied Probability =100 / (650 + 100) x 100% = 100/750 x 100% = 13. That equals 22. 11% (European) and 7. Decimal odds video. 30 x $50 = $165. E. No-Vig Fair Odds Calculator. The formula to calculate this probability is relatively straightforward. 000, but you can still do a rough conversion in order to have a sense of the nearest fractional odds. So for Lions +500, the formula is (500/100) + 1, which equals 6. Fractional Odds = (100/negative American odds) Fractional Odds = (positive American odds/100) Turning American odds into a fractional format simplifies the market price. 0 in decimal odds & 3/1 in fractional odds, then their implied win probability is 1 divided by 4 = . To convert American odds to decimals, you simply carry out the reverse calculations. For example, if the Dallas Cowboys are +300 in American odds, which is equivalent to 4. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. Set a bet amount. -100 divided by 1. Dragovich said Nebraska invited him out for. 14: 88%: 1/6-588: 1. The Eagles were -125 and the Chiefs were +100. To convert negative odds, you create a fraction by putting. You can also divide a favorite's betting risk as displayed by 100, put the resulting number right or under 1, then add the sums of both sides to themselves until each displays a whole number. By utilizing our odds converter you will be able to do sports betting odds conversion in an instant, and. Vig Calculator. So, given our previous example, a very simple calculation. 50 is: 1. 50 odds will pay out $150 ($50 profit, plus your $100 stake). For American odds of +150, you’ll need to divide 150 by 100 and add 1 to the result. 64 from a $1 bet, for a profit of $120. When you see decimal odds of 2. Fortunately, there are tons of free calculators available online that you can use to. 3% before) and Utah should win the game 37. Market Type. Fractional odds of 7/2 equate to decimal odds of 4. American odds always use a baseline value of $100. Fractional. Moneyline odds are worked out to a bet of $100. Many bookmakers support all three odds formats. :. Probability = 150 / (150 +100) Probability = 150 / 250. 1. 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. For negative American odds: Decimal odds = (100 / -American odds) + 1. g. Use this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. Multiply your bet amount with the multiplier. For Decimal odds that are higher than 100 include. 67. When positive, American odds express the number of units that can be won from a 100 units wager. Check out more insight into how. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. Step 1: Convert -110 American Odds to Decimal Odds. Of course, in the US, American odds are the most common. 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. g. William Hill can calculate the payouts for different types of bets. Decimal to Moneyline/American. The Oilers have odds of 2. 50 – 1 = 0. 4%) and vice-versa. 10/11. It’s helpful as most bookmakers will offer their. Single bet odds calculator The calculator will automatically update to show you the decimal odds (3. This means that the no vig “fair” odds are +100, and both teams have an implied win percentage of 50%. The Excel Parlay Calculator is a very simple sports betting tool. You can use Covers' moneyline odds calculator to convert between American, decimal, and fractional odds,. The Zcode System odds converter also allows you to discover the implied probability of winning the bet. Step-by-Step Conversion from American Odds to Decimal. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. The Stars are 1. It is 1 divided by the decimal odds *100. g. 75 – 1 = . 91 — your formula looks like:American odds to probabilities. 75 the American Odds are -175, so when they are +1. 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. Get free picks & predictions. To convert odds from American odds lines to fractional bets, remove 2 zeros from underdog odds and put the resulting number over 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. How to Use the Sports Betting Odds Calculator and Converter. The left chart is to be used for favorites, and the right for. For negative American odds: 100 ÷ American odds + 1. As an example, imagine the sharpest bookmaker in the world has the New York Mets moneyline odds listed at -104 odds. In this way, American odds indicate both the probability and the potential. Probability = 150 / (150 +100) Probability = 150 / 250. 40 for Indonesian/Hong Kong odds, and -0. 00 in US format, you use the below formula instead: US odds = (-100)/ (Decimal -1) Let's convert now the odds of 1. With a mix of odds, you can’t judge your win loss record the same way as a pure –110. For example, if you successfully bet $10 on odds of 3. 97%). 67 decimal odds. 30 decimal, and 13/10 fractional. 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. Above we have posted the American odds for Olympic basketball. The Odds Calculator is a tremendous way to calculate your potential winnings when it comes to placing multiple bets including accumulators. Odds Converter. 50. This is also known as “juice” or “hold. moneyline), Decimal, and fractional odds. Thread starter Remy Raven; Start date Apr 24, 2018; Tags $1. One tool to improve a poker players odds is the ability to count outs. You then multiply the top and bottom numbers by ten until there are no decimal places left. Many bookmakers support all three odds. How to convert Decimal odds to American odds. Completely FREE to use. Select a bet type in the right column. So 4. Apr 24, 2018 #1 I'm creating a spreadsheet to keep track of my hobby, sports betting. 20. 2 + 1 = 1. 8%; 1/4Minus American Odds Conversion. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. The formula is as follows: 100/odds. To see how a. For a - sign, divide 100 by moneyline. 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. Let’s first show how to convert standard American odds to fractional odds: Positive odds ÷ 100 = Fractional odds; Let’s convert +200 to fractional odds. Simply enter the market into a no vig calculator to determine fair win probability. For decimal odds between 1. Let’s now look at Plus American odds. 100 divided by 110 is 0. Calculate how much you'd win based on the odds and total wagered for all types of sports bets. The following tables show various calculation translations to and different odds types. Add 1, and. Example, US2Win(-120,120) = 100, or US2Win(-110) ? 0. Of course, being a mediocre Excel nerd, I want to automate as much as possible, but now. Bet Calculator Description. Calculating Sports Betting Payouts of Indonesian Odds Bets. The formula that is used to compute the odds for the occurrence of an event, p p, given its probability is shown below: Odds = displaystyle frac {p} {1 - p} Odds = 1−pp. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. American, decimal, fractional odds, and implied probability can be calculated. If you have a specific bet or odds you wish to convert, use Pinnacle's Odds Converter. The formula is different when the American odds are negative:Potential Profit = Stake x (Odds/100) Since you also get your stake back with a winning wager, this needs to be taken into account when calculating your total payout. We convert this fraction into decimal odds by taking 5, dividing it by the 2, and then adding 1. 47. 148. How do you convert decimal odds to american? Positive american odds - (The decimal value minus one) multiplied by 100 e. Favored odds such as -160 would be 100/160= 13/21. Go from American to fractional with one click!. The data will be updated in the Football. To convert a Decimal odd of less than 2. This means positioning the decimal number as the numerator and 1 as the denominator. 00 has an implied probability of 33. An odds converter allows bettors to easily convert money line odds between different formats, such as American, decimal, and fractional. bookmaker fair payout---Option 3. 00. The odds comes in two formats. 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. Implied probability = negative American odds/ (negative American odds + 100) * 100. Their opponent is also listed at -104 odds, so both teams have the same moneyline odds. 🙋 Decimal odds are widely used in continental. For. 60 (i. You can use this tool as an odds on calculator. 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. Under Odds Type, pick your odds style. To convert European odds to fractional odds, subtract 1 from the European odds and convert the resulting decimal to a fraction (e. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. For example, should a user input fractional odds off 6/4, the odds converter will take this and provide both the decimal odds of 2. 5 minus 1 equal -200). 00: American = -100 / (decimal – 1) For decimal odds above 2. Multiply the decimal odds together to get your multiplier. 00 and 2. To calculate positive odds, you divide the bookmaker’s odds by 100 and multiply that number by your wager. Below, you’ll find a couple of examples for converting American odds into decimals. 58 -> without bookie edge: 1. Converting Decimal Odds to American Odds. 1% (vs 64. -100/-140 = 0. 00: Subtract 1 from the decimal odds. 1:20. 3 odds would pay out a total of $23. American odds are calculated on winning or wagering $100 on a given bet. The “fair” win probability for the above example is that Ohio State should win the game 62. 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. American odds: Los Angeles Lakers +150, Boston Celtics -200. 4 +1 = 2. Simply enter the odds into the box below and we will automatically convert it for you. You can mix and match various odds formats. 6667. OK, now let's convert our American odds to probabilities. 1) Convert the American odds from each leg of your parlay into decimal odds. Enter the odds. Point Spread. (y – 1) x 100. 7%. Let’s use odds of +500 and -500 for these examples. If the American odds are positive (underdogs), convert using this formula: (American odds / 100) +1. For example, American odds of 500, the calculation would be 500/100 = 5. You can find some common examples in decimal, fraction, and percentage probability. Odds of -330: Decimal odds = 1. The vig percentage represents how much “vig” or “vigorish” the sportsbook is charging you. Example for -150 American odds: (100 / -150) - 1 = 1. American It is important to pay attention to. Check the final result. After entering your American odds, the Decimal, Fraction, and Implied Probability fields are then automatically populated. (5 – 1) x 100 = 400. An odds converter calculator is a tool that allows bettors to convert between different odds formats and implied probabilities. 7. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. 90909. 25) odds and your total stake, and immediately calculates your potential winnings & payout for the bet. 03 payout. Indonesian odds can be likened to American odds. However for many sports and markets such as American Football, Boxing etc. While this conversion to -303. An odds converter is a tool that automatically converts one odds format to another. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. 00. Insert the relevant information. 714 in decimal odds (-140 in American). Use our odds converter to instantly convert your fractional, decimal or American odds into your chosen format. We can do this manually using this formula: (Decimal Odds -1) x 100 = American Odds; Or you can use our odds converter on BestOdds. How to Convert American Odds to Decimal Odds: Decimal odds are another popular way odds are listed, especially overseas. 1st Select the odd format 2nd Insert the reference odd 3rd Check the final conversion Try now How to Use Our Betting Odds Calculator. 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. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. Odds Converter Calculator. bookmaker fair payout---The Odds Calculator only requires you to enter the value of the odds into the cell describing the initial format of the odds – everything else is automated. In Excel or Google Sheets, input the odds in B2 and B3 and use these formulas since the math is different for positive and negative odds: =IF(B2>0,1/. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. The most straightforward way of doing this is to pick a calculator using American 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. 9%. 5 the total returned is $35 ($10 * 3. 1st Step. 5) Fractional Odds (3/2) Hong Kong Odds (1. 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. 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. Convert odds for winning probability (percentages). Here, you’d just input the. Betting odds calculator allows you to insert your odds and automatically convert them to American, Decimal, and Fractional odds. This betting tool allows you to convert odds between the most widely used odds formats. See what your total payout and winnings will be. Decimal odds = 5. 5 decimal odds would become +150 – (2. As a reminder, in cases where the decimal odds are. So, Nate Diaz at +110 in American odds can be worked out as: (110 / 100) + 1 = 2. To convert something to be "1 in N", you simply take the reciprocal. American odds can be either positive or negative, and the number indicates how much money you need to bet in order to win a certain amount. Use our Arbitrage Calculator to work out how to guarantee profit in a two-way or three-way market. See moreUse this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. 67. Fractional odds work similarly to American odds; they just don’t assume a $100 wager. +1612. 5 – 1) * 100. 00. To determine the payout, multiply the result by the wager. Additionally, input the amount of your bet and it will calculate the payout you will receive. For example, a decimal value of 4 works like this = (4 - 1) x 100 = 300. If you were to bet $100 in that situation, your Expected Value would be -$4. If we take our $110 wager and multiply it by 10/11, we get $100. Let’s use Super Bowl 57 as an example. Take away one from the decimal value and multiply it by 100. 120/100 = 1. By clicking the convert button, the odds converter will provide the other variation of odds, which is as simple as that. For example, if you successfully bet $10 on odds of 3. Where the American odds have a negative value, divide 100 by the odds and then add 1. x. Most betting sites provide each odds option. To change your odds format, simply click the drop down menu next to “Odds Type” and select either American or Decimal. How to convert odds? Quickly and easily convert odds to fractional, decimal and American formats. For example, if the odds are -150. Decimal odds = (100/American odds) + 1. For example, with -160 odds, calculate as 100/160, and reduce to 5/8 fractional odds. So that same event that had a roughly 50% chance of. American. For every $1 wagered, the bettor profits 71. $10 bet = $13. Examples: Odds of +120 conversion (120/100) + 1 = 2. g. Then add 1 to get decimal odds of 6. American Odds = (Decimal Odds – 1) * 100. With our parlay calculator, you can select how you want your odds displayed. 33%, and of losing 1/6 = 16. your stake. -100 divided by 1. 2: 83%: 2/9-455: 1. To read decimal odds and calculate your potential winnings, all you need to do is multiply the decimal number by your stake. A Trixie betting calculator is a tool that helps bettors determine the potential returns and profits of their Trixie bets. 50 – 1. Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. Imagine that there’s a big NBA game between the LA Lakers and the New York Knicks. That means you have to put down $300 to win $100. Erik Kuselias 29-11 (73%) L40 PROPS. Examples: Odds of +120 conversion (120/100) + 1 = 2. Positive figures: The odds state the winnings on a £100 bet e. Cowboys minus 170. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds.