It is your responsibility to verify and examine all aspects of your online sports bet with the bookmaker before placing it. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. Few bettors use fractional odds for betting sports (other than horse racing), because the conversions to understand return are difficult. This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. Any chance can be numerically described as either odds or probabilities. The most common form of odds are going to be decimal odds in the UK and here is how to convert decimal odds to probability.These are clear odds to read and for example the 6/5 odds on Liverpool from the example above means that for every 5 units you put on, you will receive 6 back as a profit. Betting Calculator. For decimal odds between 1.00 and 2.00: Malay = decimal – 1 Decimal to Hong Kong: Decimal = Hong Kong + 1, Hong Kong to Decimal: Hong Kong = Decimal – 1. Betting Calculator - How to use the Odds Converter? 3/2). Simply enter the type of odds you have fractional, decimal, American, or probability from any bookmaker and this will calculate the odds in each other format. For decimal odds above 2.00: Malay = -1 / (decimal – 1), For Malay odds between 0 and 1: decimal = Malay + 1 Our odds converter allows you to convert between decimal, fractional and moneyline odds. As with all measures of probability, the implied probability always falls in the range 0 <= implied probability <= 1. See what your total payout and winnings will be. How do you convert american odds to decimal? When positive, Indonesian odds express the net return from a winning 1 unit bet. Fractional odds express the net return (in fractional form) from a winning 1 unit bet. When negative, Malay odds represent the number of units needed to be wagered in order to win 1 unit. Hover over the information buttons to see tips and help for each section of the AceOdds Bet Calculator and visit the AceOdds Betting Glossary for more detailed help with terms and bet types. Malay odds fall between -1 and 1, but cannot equal zero. How do you convert fractional odds to decimal? Dutching Calculator - Odds changed since you placed your last bet? You can enter the odds of each leg and the calculator will then tell you how much the overall multi is worth; the total value of the odds. Smarkets’s odds converter converts decimal odds, American odds, fractional odds and percentage odds into your preferred odds format, so you can quickly identify … Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing.The team would win 5 out of 6 games and lose 1 of them. Odds converter & Odds calculator; Odds Calculator | Soccer Predictions. When positive, American odds express the number of units that can be won from a 100 units wager. NSW Regulation prohibits the publishing of any betting promotions in New South Wales. Do you understand how we calculated this percentage? Convert From: Spread 3. Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager. To Win $ - Payout. This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. For example, when you use an odds converter to convert decimal 1.33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303.03. For decimal odds above 2.00: Indonesian = decimal – 1, For Indonesian odds >= 1: decimal = Indonesian + 1 Decimal odds will be converted to the nearest standard American or Fractional equivalent. 2/3) Odds as a ratio (e.g. So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. Bet Calculator and Odds Calculator - Determine your potential winnings on accumulators using our Bet Calculator, Odds Calculator, Calculate Accumulators, Lucky 15, Each Way, Doubles, Trebles and more. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. For example, if you wish to convert odds of 3.0: 3 – 1 = 2. Supports all major formats including decimal, fraction and american. Calculator Use Convert stated odds to a decimal value of probability and a percentage value of winning and losing. Our accumulator calculator quickly calculates the total odds for your accumulator. Converting Decimal Odds . To make use of the online odds probability calculator, an individual will be required to enter the numbers before selecting the ‘odds are’ option from the drop down … The fractional representation of 2 is 2/1. This approach is most often using by punters comfortable with exchange betting as odds fluctuate more frequently. Add 1 to the fractional representation e.g. american odds of -90 would win £100 on a £90 bet. If you experience any difficulties try refreshing the page. Spread: 6.0 5. Be careful if … Betting odds converter. Implied probability is the probability of an outcome occurring as implied by the bookmaker odds. It is typically expressed as a percentage. Odds Calculator. Other useful calculators . Implied Odds. Future Odds Converter. When negative, the American odds indicate the number of units that would need to be successfully wagered to win 100 units. The odds in the bet multiply for every additional leg you add to the accumulator. A winning $10 bet at 1/2 fractional odds would return $15.00 for a $5.00 profit (50% return). Decimal Odds. You can convert between Decimal, Fractional, and American odds using BettingPremier’s simple odds converter calculator. Note that both 1 and -1 are equivalent to decimal odds of 2.00. When negative, Indonesian odds represent the number of units needed to be wagered in order to win 1 unit. If, on the other hand, instead of knowing the probability you know … Just enter a value in any one of the fields and the value will be automatically converted to other formats. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e.g. In simple terms, odds are a way of expressing the relationship between the number of favorable outcomes in a given situation versus the number of unfavorable outcomes. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83.33%, and of losing 1/6 = 16.67%.. Do you understand how we calculated this percentage? How does the accumulator calculator work? Convert between US odds (moneyline odds), decimal odds, fractional odds, Hong Kong odds, Indonesian odds, Malay odds, and implied probability. Odds Conversion Calculator. \[ Odds = \displaystyle \frac{p}{1 - p}\] The conversion from probability to odds is usually referred also as a risk to odds conversion. It will then display the equivalent odds in all the different formats. It will include an interactive odds converter among other useful features. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. Staking Plans that Adjust for Bookmaker Odds and Bet Ratings, Bookmaker Ownership Structure in Australia, Historical A-League Results and Odds Data, Historical Super Rugby Results and Odds Data, Historical Twenty20 Big Bash Results and Odds Data, Betting Tracker OpenOffice Calc Spreadsheet, Staking Plan Calculator and Betting Tracker Excel Spreadsheet, Betting Exchange Arbitrage & Hedging Calculator, Premier League Gameweek 13 Betting Tips (Midweek Fixtures), Saturday Racing Tips – December 12 – Eagle Farm & Randwick, 2020. To maximise your outcome try to bet on events which have the closest odds at the bookie and exchange, for example betting Arsenal to win a match at 2.15 and laying the same outcome at 2.16 would guarantee only a very small overall loss. Probability-Odds Conversion Calculator. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. Decimal to Implied Probability: Decimal = 1 / implied probability, Implied Probability to Decimal: Implied Probability = 1 / decimal. American Odds. An odds convertor is a simple an easy tool to use, however they are really effective. Input your stake and odds in the betting calculator to quickly calculate the total payout for your bets. How to Calculate the Odds? You are here: Home / Matched Betting Calculators / Odds Converter Use this calculator to convert between decimal, fractional, moneyline odds and to see the actual probability of the outcome occurring expressed as a percentage. The mathematical concept of odds is related to, yet distinct from the concept of probabilities. For decimal odds between 1.00 and 2.00: American = -100 / (decimal – 1) How do you convert fractional odds to american? Enter your odds and stake to calculate bet returns for all types of sport wager. In the majority of circumstances, neither is preferable to the other. Note that +100 and -100 are both equivalent to decimal odds of 2.00. Our team is working hard on developing a multi-purposes betting calculator. Probability Formulas: This calculator will convert "odds of winning" for an event into a probability percentage chance of success. Supports all major formats including decimal, fraction and american. The converter and calculator is a valuable tool if you’re using a sportsbook that primarily utilizes odds in a format that you are not familiar with using. Betting Odds Converter. 4:3) Results. To make use of the online odds probability calculator, an individual will be required to enter the numbers before selecting the ‘odds are’ option from the drop down list. Probability as a decimal (e.g. How to convert decimal odds to fractional? Simply subtract 1 from the decimal representation, and then use the fractional representation of the resulting value. For decimal odds between 1.00 and 2.00: Indonesian = -1 / (decimal – 1) How to Use the Sports Betting Odds Calculator and Converter. Odds Converter & Probability Calculator Never tell me the odds Show Hide Help . Betting Calculator Parlay Calculator Bet Slip. The Covers Odds Converter allows you to convert Moneyline Odds, Fractional Odds, Decimal Odds as well as predict the likelihood off a win and potential profit. Just click one of the buttons and input either a probability for converting into odds or odds for converting into probability. To use the calculator, simply input the odds in the format of your choosing and press “Convert”. your stake; That’s it! For example, when you use an odds converter to convert decimal 1.33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303.03. american odds of 110 would win £110 on a £100 bet. Sportsbooks use 3 methods for stating odds: Fractional, Decimal, and American . RESET. A winning $10 bet at 1.50 decimal odds would return $15.00 for a $5.00 profit (50% return). 3.00 in decimal odds equals +200 in American odds), For American odds >= +100: decimal = (American / 100) + 1 Betting Calculator Before making any bet, it helps to know what you're risking for the expected payout. To convert between different odds formats and calculate your payout, simply follow these 2 easy steps: Fill in the odds in any of the odds fields: American, decimal, fractional or implied; Enter the amount you want to bet, i.e. If, on the other hand, instead of knowing the probability you know the odds, you can use this odds to probability calculator. US$ 0.00. Betting Odds Converter The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. Source: Aceodds. Expected Winnings $ 0.00; Expected Payout $ 0.00; Create Wager. The team would win 5 out of 6 games and lose 1 of them. Probability vs. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. For American odds <= -100: decimal = (-100 / American) + 1. For Indonesian odds <= -1: decimal = (-1 / Indonesian) + 1. The conversion from probability to odds is usually referred also as a risk to odds conversion. Convert Fractional odds to probability. Odds correlate to probability e.g a 3/1 bet is expected to win one in every 4 attempts, hence the probability is 25%. Negative figures: The odds state how much must be bet to win £100 profit e.g. To use the calculator, simply input the odds in the format of your choosing and press “Convert”. Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. That way, you’ll know the exact amount you would win prior to placing any picks at your favorite sportsbook. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. Supports EW, Dead Heats, Rule 4. This most likely means "500 to 1 Odds are against winning" which is exactly the same as "1 to 500 Odds are for winning." How to calculate odds. Decimal odds represent the total return from a winning 1 unit bet. How to use an odds probability calculator? Fractional Odds. Decimal odds will be converted to the nearest standard American or Fractional equivalent. Odds. Convert decimal, fractional and moneyline odds to implied probabilities. You are here:  Home >> Tools >> Online Calculators >> Odds Conversion Calculator. For decimal odds above 2.00: American = (decimal – 1) * 100 (often expressed with a + in front, e.g. Odds, are given as (chances for success) : (chances against success) or vice versa. Enter the odds you wish to convert into any of the boxes in the betting odds calculator and click on “Convert”. How do you convert decimal odds to fractional? 0.75) Probability as a fraction (e.g. Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. Decimal; American ; Fractional; RESET. How do you convert probability percentages to odds? The key constant with betting odds is implied probability, the odds may look different but the probability of the outcome winning is the same. Fave Odds: -110 6. Odds changed since you placed your last bet? The associated implied probability is also calculated. How to use an odds convertor calculator. Learn more about implied probability. To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). By converting fraction to percent, we can say that the chances of winning are 5/6 = 83.33%, and of losing 1/6 = 16.67%. So, the odds can be any positive number, it does not have to be a number between 0 and 1. Select the qualifying bet or free bet button and then enter your bet amount and odds. How do you convert decimal odds to american? Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. Visit signupbonuses.co.uk for new customer offers and promotions. The maximum number of legs in an accumulator is dependent on the sportsbook you are placing the bet with. You can also convert to and from Implied Probability. Dog Odds: -110 7. When positive, Malay odds express the net return from a winning 1 unit bet. There are two steps to convert decimal odds into a fraction. Odds Calculator This odds calculator and converter will convert lines offered by your sportsbook and sports betting sites to the major betting formats: American, Decimal, Fractional, Hong Kong and Indonesian Odds and Implied Probability. 1.50), Fractional to Decimal: Fractional = decimal – 1 (expressed as a fraction, e.g. Bet Type. Bet Amount. a fractional value of 3/1 = (3/1) + 1 = 4. Before making any bet, it helps to know what you're risking for the expected payout. Keep in mind that when rounding values on odds converter you might see some discrepancies. Dutching calculator. There are 3 methods of stating odds that most bookmakers and websites support. Dutching Calculator - Odds Converter. A winning $10 bet at 0.50 Hong Kong odds would return $15.00 for a $5.00 profit (50% return). Fill out one of the values, the other two will populate. Odds Conversion Calculator. Betting Odds Conversion Table. On the other hand, the above formula is used in order to calculate probability from the odds. There has to be a minimum of two legs in your bet to be classified as an accumulator. Decimal: Fractional: Moneyline: Implied probability. How do you convert american odds to fractional? Note that both 1 and -1 are equivalent to decimal odds of 2.00. Odds can be displayed in many different ways, including as fractions, decimals and if you're in the USA, with a positive or negative sign. Fill out one of the values, the other two will populate. We provide no guarantee as to the accuracy of the information found on this site. For Malay odds between -1 and 0: decimal = (-1 / Malay) + 1. Hong Kong odds express the net return from a winning 1 unit bet. Winning Starts Here! It indicates how much you will win based on the odds and total wagered. Example: 3.40 – … You can also convert odds to implied probability percentages, decimal, fractional or american by … The expression that is used to compute the probability of an event, \(p\), given the odds is shown below: \[ p = \displaystyle \frac{Odds}{1 + Odds}\] The conversion from odds to probability is usually referred also as a odds to risk conversion. Odds Type: -110 4. An accumulator requires all legs to win to be successful. How do you convert odds to probability percentages? Therefore, an odds converter allows you to quickly convert US Odds (such as +100) to UK odds (such as 1:1) to Australian Odds (such as $2.00). You can use the odds calculator a few different ways: Convert odds from American to Decimal; Convert American odds to an implied win probability percentage; Return the profit of a given bet if it wins; The betting odds calculator will work for all types of bets: point spread, moneyline, total, or props. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. This odds calculator and converter will convert lines offered by your sportsbook and sports betting sites to the major betting formats: American, Decimal, Fractional, Hong Kong and Indonesian Odds and Implied Probability. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. Based on your IP address it appears you are in New South Wales so we unfortunately cannot display any betting promotions. Bet Amount. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. ODDS CONVERTER calculator. Note that both 1 and -1 are equivalent to decimal odds of 2.00. Indonesian odds equal American odds divided by 100. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. 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