Converting odds into probability, we divide the odds by 1+ the odds e. 4 cents plus the original stake of $1. Fractional odds of 1/1 are an even bet. A leading zero is zero before the decimal point for numbers less than one. 75 on the White Sox at -129 and your potential profit is $10. 50 – 1 = 0. You must add a positive sign to the result to get the correct moneyline odds. Converting decimal odds to fractional, take the decimal and subtract 1. You will probably be most familiar with odds as fractions (e. The Closing Line Value Betting Calculator at Unabated helps you do this across both spreads and totals. Remember, you can customise our displays to suit your preference by switching between fractional and decimal formats. If UK races are unavailable then select races may be offered. 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. 11 or shorter: 90p in £1: 2/11 to 2/17: 1. For instance, if the odds are 2. 50. That’s it!To convert odds to probability from decimal odds, you need to calculate 1 ÷ [decimal odds] x 100. 0. For example, decimals odds of 200. To convert Decimal odds of less than 2. Just enter the odds of your winner and the bet size and then the net profit will be calculated automatically. The results came to 105. The majority of leading bookmakers will give you the option to display odds as fractions or decimals. disease and no disease) for each of the. 20 plus the original $1 stake. Rugby union. 25 wager on the Giants has a potential profit of $25. For. Pools betting is naturally also available with this bookmaker, under the promotion Pools Plus. So, decimal odds of 1,50 would yield an impressive winning probability of 66. 909 and 1. 50 would be returned to the bettor (the $1 initial stake plus $0. 2 decimal odds; Then convert to moneyline as shown above. Decimal odds conversion to percentage Decimal odds are a simple reflection of the return you will receive for each single unit placed. For example, 1. Betting $10 with 7-4 odds would net $17. 50. 2 minus 1 multiplied by 100 equals 220). 666. 000 (Decimal) and result in implied probability of 33. Easily convert betting lines to fair odds, helping you make more informed decisions, maximize value, and optimize your sports betting strategy. 0 from the decimal odd and divide the result by 1. Fractional and decimal odds do not perfectly translate. When a fraction is represented as a decimal, it can take the form of a terminating decimal; for example: 3/5 = 0. Calculate winnings from Decimal Odds: Winnings = (Amount Bet * Odds) – Amount Bet. Odds Decimal Deduction; 1/9 or shorter: 1. Six dogs are picked from a pool to race (numbered 1 to 6). To convert decimal odds into fractional, you’ll need to do a bit more maths. To convert European odds to fractional odds, subtract 1 from the European odds and convert the resulting decimal to a fraction (e. Specials. 01 or higher is a favorite while odds of. As an example, if you wager $100 on 2. That equals 22. Convert the odds to a decimal (so -225 becomes 2. Calculate winnings from Fractional Odds: Winnings = Amount Bet * Odds. 1 / 1. For converting fractional into decimal odds, you must divide the numerator to the denominator and then add one. If you are betting on a longshot NFL futures bet at odds of 40/1 (these fractional odds convert to +4000 in American odds; decimal odds of 41. 00, also meaning that for every £1 bet, you will. Today's Matches; Today's BTTS Coupon;. 50. When you see decimal odds of 2. You will probably be most familiar with odds as fractions (e. 75 in decimal odds. Let’s say you want to converting odds of 2. To convert American odds to decimals, you simply carry out the reverse calculations. g. has a 0. Horse racing betting odds are essentially fractions. 50 which, multiplied by 100, results in a percentage value of 50%. OR take a £2. Fractional odds of 1. Pool or Tote betting is like a lottery, where all the stakes are ‘pooled’ together. The formula to calculate lottery odds is x = C (n,r) / [C (r,m) * C (n-r, r-m)]. 4. 0%). 25 + 2. Full T&Cs apply. You can mix and match various odds formats. Here’s the formula: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. Converting American Odds to Decimal Odds. 0. 00 = 4/1. 2023-24 EPL Title Odds: City Remain the Team to Beat. If you prefer to have the odds displayed like this, you can change them in the menu (at the bottom). 18 to 1. This means odds can change over time as more information becomes available or if the majority of bets are placed on a certain outcome. 5000 imply that if a $1 bet were to win, $1. 65 which equals 0. When dealing with negative odds, this is the formula that you should use: -100 ÷ Negative odds = Fractional odds. Hence, decimal odds of 1. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. If you pick a favorite, you must enter the moneyline with a minus (-) (-110 for example). Just enter the bet type from the options on the drop-down menu below. In the example of 2. As decimal odds show as an odds ratio, you can see this as a method to convert odds ratio to probability. 65. Bet 2: (-1 x -150 + 100) / -1 x -150 = 1. 6%. -100 divided by 1. 50 would be returned to the bettor (the $1 initial stake plus $0. g. 5 x -100 = -200. The higher the number, the higher the probability of you losing the bet. If you ever have a problem finding where to convert the odds on a site, just ask! You can also convert odds manually. Learn about the Hold Calculator. S. If so, the implied probability is 45. Enter your values in the form and click the "Calculate" button to see the results. 0 = 0. 4/1 or 12/5. 30 to 1. 0, which represents your initial stake. your stake. That’s 9. It's also worth noting that you'll often see decimal odds given to two. The Pool odds shown in the blue boxes are set by the layers, and the odds shown in the pink. 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. 00), your implied chance of success is 2%. For example, 1. 30 and so on. Step - Scroll down to bottom of this list to find the option, just under the header. Hong Kong Odds Explained. 01) per selection. Open de Espana 2023. Lotto. Again, if you're more comfortable with decimal odds, feel. 55; Asian decimal (Hollywoodbets): Supersport United @ 2. So the calculation for decimal odds of 1. 20: 80p in £1: 3/10 to 2/7: 1. So the calculation for decimal odds of 1. Shorter. 30. 🙋 Decimal odds are widely used in continental. There are more options with decimal odds. The answer is 0. Select the odd format. Decimal odds start to look familiar when you've seen them enough. 85: Odds x (Stake/100) = 119 x (15/100) = 17. 3%. If you saw odds of +150, you would know that a $100 bet could. View all. on the forest plotHow to Convert Fractional Odds to Decimals. 80. Despite claiming their first World Series ever, the Texas Rangers are not the 2024 favorites, instead sitting around the third spot from 8/1 to 11/1. Below is a table highlighting the difference between the two: FractionsIf a minus (-) is displayed, this number represents the total amount that is needed to be staked to win $100. Then, you would multiply. 80 reflect a 56% chance of that particular outcome. 0000000344 or 0. 00. Just add in the moneyline odds into the bet line, you can add up to 15 selections in total. Bet $100 at odds of 1. With a mix of odds, you can’t judge your win loss record the same way as a pure –110. Simply take the fraction, divide the first number by the second one and add one. You would then place. How to Convert Decimal Odds to Fractional Odds. How to Use the Sports Betting Odds Calculator and Converter. 00 betting odds, the implied probability is 1 / 2. Spoken: 6 to 5 odds. For example, if the odds are 2. 0 has an implied probability of: 1 / 5. Odds of -140-100/-140 = 0. 5) = $90 Unlike decimals, fractional odds provide the total payout. 0 x $100 = $200). The best way to visualize implied probability is by converting the odds into percentages. So, Nate Diaz at +110 in American odds can be worked out as: (110 / 100) + 1 = 2. 5/1 or 7/2. 0. 0 = 2. g. A simple formula for decimal odds is stake x odds = payout. For instance, with odds of 2. 90909. 25. 00;We convert this fraction into decimal odds by taking 5, dividing it by the 2, and then adding 1. 00 in decimal odds equals +200 in American odds) How to convert Hong Kong Odds to decimal odds. 61 is bigger than 1. In the meantime, one intriguing option is to take part in free-to-play pools. g. 25), then multiply both this number and the stake by 100. 56 x 100 = 56%. 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. 25 to get to 9. Decimal odds are commonly used throughout Europe and in Australia. 00 to get a decimal figure. 15 (10 x 0. You can use this Probability Calculator to determine the probability of single and multiple events. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. 6. 50, if you bet $100 and win, you'll receive $250 dollars - 2. 40/1. This calculator will convert "odds of winning" an event into a probability percentage chance of success. For American odds of +150, you’ll need to divide 150 by 100 and add 1 to the result. these are easy to convert to decimal odds or. You will also receive your £/€1 stake back so your total return is £/€9. Hence, the event’s odds are higher for the group/condition in the numerator. Types of Sports Betting Odds. Full T&Cs apply. How Horse Racing Betting Odds Work. They are typically presented in fractions (3/1) or decimals (3. To convert fractional odds to decimal, you must divide the first figure by the second figure and then add 1. 50 and you bet $10, the payout upon a win will be $45. I have fractional odds of 6/1 and I’m converting them to decimals. Step 5: Set Odds to Decimal. 5. Example for Decimal Odds of 4: 4 . 20 odds to win the next election. 2023-24 Champions League Format. The tote board’s big computer brain then goes to work. Mosconi Cup View League. 9, and so on. Our registered office is at Walton House, 55 Charnock Road, Liverpool, England, L67 1AA. 59/2 means a £5. 80 = 4 / 5. The odds probability calculator can convert the odds of winning and losing to the probability of winning and losing. 25 + 2. change = c (1,2,3) exp (coef (model) ["exposure"]*unit. Beyond this, converting fractions into decimals requires the operation of long division. 0 or less first. 40. Table tennis. Once the bet amount is subtracted you find the winnings of $18. If the decimal odds are 1. For a - sign, divide 100 by moneyline. If you wanted to place a $10 bet on the San Francisco 49ers at -330, you could enter -330 in the odds calculator above. The decimal odds are displayed up to 2 decimal places, but the return will be paid out by calculating at the actual odds, to the nearest £/€ 0. For instance, fractional odds of 11/4 is 11 divided by. g. How to change from Fractional Odds to Decimal Odds on Bet365 website and mobile app. 50 back on a $1 bet. Because order is not important, we will use the formula for combination: dezalyx. If you bet $10, your winnings would be $6. Do not add a zero after the decimal if the percentage value is a whole number (ie, 64/100=64%, not 64. More Welcome to Virgin Bet. For example: If you place a £10 bet on a horse racing. 606. Simply fill out the bet amount and odds in any one format and our calculator will show you the results!For American odds with a negative value: Using odds of -130, you would need to risk $130 to win $100, so the total payout would be $230. g. Hong Kong odds are adopted by many Asian bookmakers. 0 or higher (meaning it will be positive in American odds), use this formula: (decimal odds – 1) * 100. Ryder Cup 2025. This is useful to you because it gives you an idea of how much the deck is. Fractional OddsThe easiest way to do that is to use the following formula: Numerator / Denominator + 1. 1 6. For decimal betting odds, the formula is: 1 / decimal odds. 5 – 1) = -200. So, if a punter placed a stake of £1 on this bet and it was. 25: Add the same number to the original number to get 4. So, 8 / 2 = 4 and 10 / 2 = 5. 03. 625 = 7. Knowing that the first decimal place represents 10-1, 5: 10: can be converted to 0. 00 then. 33% probability of occuring versus the 66. So, odds of 2/1 will equate to 3. To convert odds of less than 2. To convert a decimal of less than 2. The first is for when the decimal odds are greater than 2. 5 – the equivalent of -200 in American odds – you’d receive $1. 00, equals 3. Step 2: Remove the decimal places by multiplication. 87, which would make for much easier math on this $10 bet. Here’s the formula: divide the top number by the bottom and then add one. 615). 1111 in decimal form. That should do the trick. Rugby league. If you like decimals and want to convert betting odds from fractional to decimal, simply divide the number on the left by the number on the right and add one (to represent your stake). Step 1: Make a fraction with the decimal number as the numerator (top number) and a 1 as the denominator (bottom number). For converting decimal odds less than 2 to American odds, divide -100 by (the decimal odds minus 1). 25 to get to 9. 00, you are converting to negative moneyline odds. Our betting odds calculator allows you to calculate the returns on 29 different bet types, or it can be used as an odds calculator to work out potential winnings on your bets before placing them. Remember – fractional horse odds of 5/1 are not the same as decimal horse odds of 5. 2 = -500. For example, -200 odds mean you must wager $200 to win an additional $100. The table below illustrates the decimal and fractional odds representation for +200. 00 Payout. Horse Racing win singles only, UK & Irish races only. Add the positive sign, and we get +400. 25 * 25 = 56. The odds are easy to change between fractional and decimal with a drop-down list at the top of the page, with American odds unavailable. In this video we're going to walk you through how to change the odds to decimal (or fractional) on your Bet365 account. If your decimal odds are 2. Mateusz Mucha and Wojciech Sas, PhD. 22 percent. Thankfully, Oddspedia offers players thousands of odds from more than 230 online bookmakers so that you can easily find the perfect prices for specific matches. Odds/Probability Conversion. 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. The final numbers are the moneyline odds. We offer three odds formats to choose from: Decimal (default) Percentage; American; Change odds format using website: You can change the odds format by clicking on the balance dropdown. Use two or three decimal places and report exact values for all p values greater than . 5, the fractional odds would be 3/2. Odds can be displayed in two ways: Fractions or Decimals. Football betting with the best odds for any market you can bet on. 7% (or a one in 37) chance of winning. Call 1-800-GAMBLER. While this conversion to -303. Our registered office is at Walton House, 55 Charnock Road, Liverpool, England, L67 1AA. 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. Tracking your Closing Line Value (CLV) is important. 03 payout. The formula to convert American Odds into Decimal Odds is as follows : Step 1: Determine if odds are positive or negative. Divide 6 by 1 and then add 1. 80 for this and use the following equation: So, 1 / 1. A horse that is 7/2 would be calculated as 2/ (7 + 2) x 100. 75. In the case of betting on a single number in roulette: The odds as a fraction are 36/1. To start with, you have to carry out the following calculation. American odds: Los Angeles Lakers +150, Boston Celtics -200. Odds Ratio < 1: The numerator is less than the denominator. 2 = 12/10 = 6/5. When you place a winning wager, you get your bet amount – known as your stake – back along with your profit. Start betting smarter today!. 00, equals 3. If we break that down to $10 you should expect winnings of $18. Probability of A, P(A) % Probability of B, P(B) %However, these are easy to convert to decimal odds or fractional odds with our odds converter tool. 00, so 5. g. This means a $100 bet would win $183. For each-way bets select the tick box on the right of the page if your selection has. To convert the other way of probability percentage to decimal odds you would divide 1 by the (percentage / 100) and multiply by 100, ie. If the bettor wagered £10 and won, their profit would be £30 + the bet of £10 = a return of £40. The Football Pools Limited is a limited company registered in England and Wales with registered number 10573569 and VAT registered number 420 0342 65. How To Change The Odds To Decimal on William Hill App. This is because decimal odds are always above 1. 80, you would first subtract 1 to get 0. Enter the wager you made and then the price. 1. Decimal Odds. 4 selections, min combined odds 3. 50; Repeat until you get a whole numger; This would be 2. If more than one player accurately predicts the score of the 5 matches then the main prize will be apportioned equally between them. The same principle applies if you want to bet less than £1 too. 45%, and 105. Manual Odds Conversion. 4 X 1. Negative American odds:-100/Odds = fractional odds. Betting Odds Calculator. 2 decimal = +220 moneyline odds; Let‘s practice converting some sample odds: Fractional Decimal Moneyline; 10/3: 3. A 40-year-old man in the U. 0; Moneyline - 300; We will concentrate on fractional odds in this guide, but if you ever want to convert odds from one form to another, use one of the many odds converters which are available as free tools online. So, 8/1 odds = 9. The method required to convert the decimal format over to the moneyline format is dependent on whether the odds are greater than 2. 0 (decimal), meaning that a £1 stake will return £2 (£1 profit plus. -100 divided by 1. 40, including your original. There are three main systems of odds. Simply click your preferred format. American Odds Decimal Odds Fractional Odds +200 : 3. 5: 10. Simplify the fraction, divide top and bottom number by 2. Comparing Football Odds. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. For converting American odds to decimal odds, divide the odds by 100 and add one if the odds are positive or subtract one if the odds are negative. For example, in football, you can place bets on everything from the result, first goalscorer and winning team to how. 5 minus the $10 stake). 0. For example, if the Dallas Cowboys have negative NFL odds of (-325) to win, the above process yields the calculation 1 +1 + 1 + 1 / 3. Then, divide the sum we get by the denominator to obtain: 3 / 2 =1. 1 will show (finish third) and, you would like to make a $1 wager on trifecta. 00 which makes it 0. 8. In decimal format, therefore, 2/1 would be displayed as 3. . If we use the decimal odds of 1. 18+. 4. Decimal odds show the total return for every $1 wagered, including the money risked, as opposed to American odds that use a $100 scale. 2 x 100 = +200. Super Bowl squares is a common office pool or party game, and it is easy to play. 00. Once set, the page will remember your. 5 (even odds are 50% likely), and conversely;. Online Bookmakers Bookmaker's Promotion Amount Bet Now; Open Account Offer. Learn how I made over 4k at Matched Betting at to transfer from fractional to. Use the below table to convert your fractional betting into it’s decimal amount. To convert decimal odds into fractional, you’ll need to do a bit more maths. Premier League Pool View League. 25) and multiply that figure by the amount you want to win. 25 to 1. Now that we have done that, let’s convert those fractional odds to our decimal odds: Divide the fractional odds, then add 1. With the Tote you are betting against like-minded racing fans and bettors, rather than taking on the bookie. To convert American odds to decimals, you simply carry out the reverse calculations. Let’s explain some U. Any odds over 2. To convert it in decimal format just add 1 (0. I got annoyed with calculating the units, avg odds and ROI after every game so I made a spreadsheet that does that for you! there are 3 pages each with a different type of odds (Decimal , American & Fractional), I hope it provides you with some value, BOL!11/5. We can express the winning probability as a decimal. 34%, 106. With a mix of odds, you can’t judge your win loss record the same way as a pure –110. A more formal definition is: “divide the risk ratio by four and round down to two significant digits, then report the ratio to that number of decimal places.