To calculate the American odds based on probability, use one of two formulas: In case of more than 50% probability of an. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. For example, a net payout of 4/1 would be quoted as +400. What are American odds? Also known as US odds or moneyline odds, American odds are the default betting odds used by American sportsbooks. This would look like +320 odds running through as 100 ÷ 420 to get 0. 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. Hole cards of A♣️ T♣️ will surely have the. When negative, the American odds indicate the number of units that would need to be successfully wagered to win 100 units. American odds are a little trickier, as they operate using positive and negative odds. 14: 88%: 1/6-588: 1. For example, if the Dallas Cowboys are +300 in American odds, which is equivalent to 4. You can also convert to and from Implied Probability. This is an easy one to work out, but some other odds can be a lot more complicated. For example, staking £5 at decimal odds of 11. You can convert between Decimal, Fractional, and American odds using BettingPremier’s simple odds converter calculator. Original Odds. 5 the total returned is $35 ($10 * 3. Multiply the decimal odds together to get your multiplier. 8%; 1/4Minus American Odds Conversion. Because it’s a negative number, you’ll use the equation (100 divided by odds) + 1 = decimal odds. , 3. 50 – 1 = 0. 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. To convert a decimal of 2. 2nd Step. 50. Firstly, you can set up the calculator to work in Fractional, American or Decimal odds. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. For example, if you bet $10 at an odds of 3. If the odds are 0, then it is an exact 50/50 bet and will pay out 1/1. It is most commonly used in the United States and differs from decimal and fractional odds. Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. A 4-point underdog in the NBA would have a money line listed at about +150. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. For example, American odds of 500, the calculation would be 500/100 = 5. Where the American odds have a positive value, simply divide them by 100 and then add 1. 00. The odds for the underdogs are accompanied by a positive (+) sign, indicating the amount won for every $100 staked, in terms of the underdogs, the higher the number, the larger the underdog. Where can I bet on Euro 2020 odds?Aside from these calculators, you can also use our Odds Converter to manually change from Fractional to Decimal or American. The odds converter instantly converts fractional, decimal and moneyline odds into your chosen format and gives you the implied probability of the event occurring. If you were to bet $100 in that situation, your Expected Value would be -$4. 5) Malay Odds (-0. 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. Rounding. g. So for Lions +500, the formula is (500/100) + 1, which equals 6. 85), fractional odds (57/20), and implied probability (25. The Oilers have odds of 2. -100 divided by 1. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. 3%. 50, the conversion to American odds would be: American Odds = (2. $10 x 1. We have made the conversion of odds on this calculator as easy as possible. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. One tool to improve a poker players odds is the ability to count outs. Enter the odds type you would like to use: American odds are US odds, decimal odds are referred to as Euro odds, fractional odds are not compatible. 0. Hold (Rake) Expected Value. This is a popular way to express odds in the US. To convert minus (-) American odds, divide 100 by the odds number (without the minus sign) and change that quotient to a fraction. 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. 6-to-1, and a. 12. All that you have to do is to type in each of the fractional odds into our betting odds converter and you’ll instantly see the odds in American odds format. A +350 underdog means you risk only $100, but you. 5) Indonesian Odds (1. A horse that is 7/2 would be calculated as 2/ (7 + 2) x 100. If you take your desired stake and multiply it by the listed fraction, that will show you the potential payout. 3 odds would pay out a total of $23. To convert positive American odds to decimal odds, just divide the moneyline odd by 100, and then add 1. The implied probability calculator helps bettors compare the implied probability of a betting market against the actual “fair” probability of that market. Odds Conversion Calculator. True Odds. 25 fractional 5/4. If Negative. 97 is +597, meaning this parlay pays nearly 6-1. Positive odds indicate the probability of winning more than you bet if your bet wins. And at first they appear a little confusing. 67. If the odds are +200, you divide 200 by (200+100) and get 0. Enter the original value. 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. Example, US2Win(-120,120) = 100, or US2Win(-110) ? 0. net odds converter betting tool for any odds conversions needed. To convert American odds to decimals, you simply carry out the reverse calculations. For example, 2. Our odds calculator allows you to input your odds in American (e. Simply enter the odds you have in the relevant box – either fractions, decimal or American Moneyline. Reset Bet. 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. 5 minus 1 equal -200). You can convert a fractional odd into a decimal odd by dividing the first number (the numerator), by the second number (the denominator. Single bet odds calculator The calculator will automatically update to show you the decimal odds (3. 5) Fractional Odds (3/2) Hong Kong Odds (1. American odds: Los Angeles Lakers +150, Boston Celtics -200. Odds of +345 conversion (345/100) + 1 = 4. 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. Outspread to moneyline converter would quickly reveal that the expected moneyline odds for the Celtics as favorites to win would be -349. For example:0. How to convert odds? Quickly and easily convert odds to fractional, decimal and American. 50. 90909. 2 + 1 = 1. 00. 5 in decimal odds. 3%. Learn about the Hold Calculator This is the Unabated Hold Calculator where you can see how much theoretically a sportsbook may hold on any given wager. Example for -150 American odds: (100 / -150) - 1 = 1. Betting Calculator- Enter your odds and stake to calculate bet returns for all types of sports wagers. ). 2 minus 1 multiplied by 100 equals 220). If you bet $100 on the Giants and they win, you win $150. Enter the Odds and Stake of your original bet and the Odds for the alternative outcome. Negative American odds: 1 – (100/ – American odds) = decimal odds. Erik Kuselias 29-11 (73%) L40 PROPS. Insert the desired payout. 5-point favorites in a contest with the over/under set at 228. We offer wager types including; Straight Bets, Parlays, Teasers, Buying and Selling Points, If Bets and Action wagers. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool. 62 = 1. For negative American odds: Decimal odds = (100 / -American odds) + 1. Use this betting tool before heading to your sportsbook to ensure you are committing to the best. The American odds calculator above allows you to see various outputs such as decimal odds, implied win probability, amount returned on a bet (or “payout”), and bet profit. Calculate the implied probability given odds and determine the payout and potential winnings from a bet. The sports betting odds calculator allows you to convert betting odds across American and Decimal odds. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including. A positive value of +500 says you’ll win $500 for every $100 staked. That means you have to put down $300 to win $100. $10 x (120/100) =. An odds calculator is easy to use. 0. To convert positive odds to a decimal, divide the odds by 100 and then add 1. Remy Raven New Member. To convert American odds (including -110) to other odds formats and to calculate your payout, use our handy and free odds calculator and converter. An odds calculator is easy to use. 33 = 1/3 = -300 2. Our calculator has two most knowing and popular versions: European and American. Moneyline odds, also known as ‘American odds’ are probably the most foreign odds format to those of us outside of North America. 1. 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/. The formula to convert American Odds into Decimal Odds is as follows : Step 1: Determine if odds are positive or negative. -100 divided by 1. We use American style (-500), but you can choose Fractional (1/5) or Decimal (1. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. sportsbooks default to what we call "American odds" — which are centered around winning or risking $100. 80 in US format: Decimal odd = 1. 10. How to Convert Odds From Decimal to American? For Decimal Odds Greater Than 2. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. To convert odds of less than 2. A $300 bet at 1/3 odds would win $100, for a total payout of $400. Bet Amount. So for American odds of +300, it’s 1 + (300/100) = 4. Thus, the “fair” win probability for the Mets would. Implied Probability is a percentage that is derived by converting the given betting odds that represent the likelihood of that outcome occurring. bookmaker fair payout---Option 2. 0. 55. Remove 1 from the decimal and convert to a fraction, then reduce to simplest form: (decimal-1) -> convert to fraction. Bet Type. American Odds To Fractional Odds. 10 bet formula math win R. American odds. So for Lions +500, the formula is (500/100) + 1, which equals 6. 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). 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. The odds calculator shows the amount of money. 00: American = (decimal – 1) * 100 (often expressed with a + in front, e. How to Convert American Odds to Decimal Odds. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. 2 - 1) = -500. So you get an event that happens "1 in 13,983,816" tries. 40 x 100 = +440. The Result of the other odds type will be automatically calculated upon pressing convert. 00. The tool will then calculate and display the same odds in the other formats and also show the implied probability. a decimal value of 1. Decimal odds = 5. 5), but the potential profit is $25 ($10 * 3. 50 = 6/4 = +150 3. Atlanta Braves no vig odds = 60% / (43. 4 cents plus the original stake of $1. 15 for Indonesian/Hong Kong odds, and -0. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. For any bet that has a handicap value set (ex: a point spread of -6, total of 43, etc. g. How do I convert American odds to Decimal odds? To convert American odds to Decimal odds, you can use the following formulas: For positive American odds: Decimal odds = (American odds / 100) + 1. Convert values between American, Fractional and Decimal Odds. 97 x $100 minus your initial $100 stake). 40 (decimal odds), but you can use a betting odds calculator to turn it into American odds. Live betting odds and lines, betting trends, against the. You can mix and match various odds formats. If you still want to use American odds but only see a line in decimal odds at a European sportsbook, you can make the conversion. There are a number of ways that odds can be. We convert this fraction into decimal odds by taking 5, dividing it by the 2, and then adding 1. 5% = 60%) = 58% true win probability. How to Use the Sports Betting Odds Calculator and Converter. Quick, do the math of the return on a $10 bet with 20-23 odds. 40-1) x 100 = 4. 91 — your formula looks like:American odds to probabilities. How to use this odds conversion & implied probability tool. American odds are centered around winning or wagering $100. As you can see in the example, a $10 bet with 2. 6667) Implied Probability (%) Calculate. American odds of 400 converted to decimal odds is (400 / 100). Payout: 11:1. 00 – 1) = 5 => 5/1). To convert American odds to decimals, you simply carry out the reverse calculations. Odds of +345 conversion (345/100) + 1 = 4. Negative American odds: -100/Odds = fractional odds. Call 1-800-GAMBLER. , 400/100 is the same as 4. For favorites, you must add the minus sign. If you have a specific bet or odds you wish to convert, use Pinnacle's Odds Converter. $10 bet = $13. 3. So that same event that had a roughly 50% chance of. Positive odds (+): It states the amounts of profit you would earn from a $100 bet if your wager is successful. American odds converter. Convert Odds to Probability. This gives you a decimal odds of 2. S. Decimal odds, most popular in Europe, are fairly straightforward. Step 3. How does the Arbitrage Calculator work? Our arbitrage calculator allows you to enter the odds of two (or more) different bets to determine how much you should stake on each to guarantee a profit. Bet on four numbers. It is also easy to convert American odds to fractional or decimal odds, and can easily be done using our online odds converter. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. For negative American odds, take -100 and divide it by the decimal odds minus one. (-200 will be -100/-200. 4. 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. Odds: 8. 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. American. So the calculation for decimal odds of 1. , 400/100 is the same as 4. It will literally get the job done for you on 4 steps as described below: Enter the original odds into the corresponding cell of the Odds Calculator. 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. ), use. 4%) and vice-versa. 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. bookmaker fair payout---Option 3. How to use the Odds Converter Tool. 001234 to 0. Bet amount. 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. Input your first wager in the Bet #1 slot. What this means is that you would win $150 for every. Implied. Conversion formulae and examples are also provided. Math Hacks - Converting American Odds to Probability Made EasyLearn how to convert between American Odds (-110) and Probability (52. How To Convert Moneyline Odds To Probability. Explanation for our Football Odds Converter. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. This percentage factors in the bookmaker. A negative value of -200 says. 50 – 1 = 0. American odds are often used in the United States, Canada, and Australia. 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. 615). Get the final bet amounts. pro and college sports including the NFL, NCAA, NBA, MLB, NHL to Golf, Tennis & NASCAR Events. In American odds, that’s +597, meaning this parlay pays nearly 6-1. To calculate what you actually won, subtract your initial bet from the total payout. To convert odds of less than 2. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. To convert American odds to decimal odds, you can use the following formula: Decimal odds = (American odds / 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. This means that for each unit bet, you would win 2. Step 2: If Positive. Fractional odds have been traditionally used in the United Kingdom, but have mostly now been replaced by decimal odds. The Lakers had money line odds of -150 to win, while the Knicks odds were +250. Odds conversion. 5 x -100 = -200. Usually, you would place your chips at the intersection of four numbers on the. Enter the correct odds in decimal form. 00 or higher: (Decimal odds – 1) * 100. You can look up fractional, decimal, american odds and implied probability simultaneously. The Stars are 1. A sports betting arbitrage calculator, or hedge bet calculator, shows you how to hedge a bet for a profit and lock in a risk free return. However, it is not always 100% precise if the decimal is not . It shows how much the user needs to stake to win 100 units or how much they will win if they stake 100 units. Use our odds calculator to easily convert American (a. american odds of 110 would win £110 on a £100 bet. For example, if you want to convert. 0 decimal odds. For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount. Converting American odds to fractional oddsThey have a ton of different features which can be useful for many different bettors. In other words it can be used to handicap the market price for sports where there is the option to bet on Home, Visitor, or Draw. 20 plus the original $1 stake. To convert a Decimal odd of less than 2. 00 in decimal odds equals +200 in American odds) How to convert Hong Kong Odds to decimal odds. Fractional odds: Los Angeles Lakers 3/2, Boston Celtics 1/2. Question: How do I convert decimal odds to American odds? Answer: If the decimal odds are greater than 2. To calculate your profits only, simply follow the formula: Wager x odds. Converting Decimal Odds to American Odds. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. If the odds are -200, you divide 100 by (200+100) and get 0. For decimal odds between 1. Converting American Odds To. The American odds calculator above allows you to see various outputs such as decimal odds, implied win probability, amount returned on a bet (or “payout”), and bet profit. Simply enter your bet amount and the odds and our parlay calculator will show you your expected profit (“To Win”) and. If you bet $100 with +100 odds, you’ll receive $100 in addition to your original $100 for a total of $200. Fractional Decimal American Implied Probability; 1/5 1. 97%). The most straightforward way of doing this is to pick a calculator using American odds. 5. Fractional odds work similarly to American odds; they just don’t assume a $100 wager. Quick navigation: American Probability The value automatically updates once there is an input. Work out your sports bet returns for: Accumalators, Lucky 15’s, Doubles and more. 00 in US format, you use the below formula instead: US odds = (-100)/ (Decimal -1) Let's convert now the odds of 1. This table can be used to convert one type of odds format into another. Normally a sportsbook would offer you less than even money about a coin toss. Take away one from the decimal value and multiply it by 100. You can use Covers' moneyline odds calculator to convert between American, decimal, and fractional odds,. So for American odds of -300 it’s 1 - (100/-300) = 1. American odds < 0:-100/American odds; Convert the decimal result to a fraction. 47. Decimal. For example, when you use an odds converter to convert decimal 1. To convert positive odds to a decimal, divide the odds by 100 and then add 1. g. Lastly, using the American methodology, Australia's odds to win the 2015 ICC Cricket World Cup is -250. 59% to see this is -594. American odds are a little trickier, as they operate using positive and negative odds. This bet might come into play with a total or two closely matched clubs. Divide the odds by 100, and then reduce it to its simplest form, e. "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. (y – 1) x 100. 2 - 1) = -500 American odds. Betting Odds Conversion Table Fraction Decimal American Implied. g. In the poker world, an out is defined as a card that will improve your hand. For example, if you bet $10 at an odds of 3. Odds of 1/3 convert to American odds of -300. Decimal. The vig percentage represents how much “vig” or “vigorish” the sportsbook is charging you. Most betting sites provide each odds option. Probability = 0. Note that the payout displayed includes your original bet. To convert something to be "1 in N", you simply take the reciprocal. However, if I average the decimal odds first and then covert those to american odds, I then get 1. To proceed, we need to convert these odds back into the American format. +125), Fractional (e. Simply input a figure in any of the fields above, click submit and the rest of the form will populate. This is a great tool to use to help you decide on whether a bet is likely to. How to convert Decimal odds to American odds. Odds Conversion Chart. American - Moneyline. The Chiefs ended up winning the Super Bowl, and anyone that bet the Chiefs outright would receive a payout of 1:1, as indicated by the +100 odds, a $100 bet profiting $100. 2. American It is important to pay. American It is important to pay attention to. 03. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. That’s why we accept bets on the widest array of U. To convert fractional odds to decimal, take the fractional number, convert it to decimal by doing the division, and then add 1. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool . Now you can tell that $7. They are shown with a plus (+) or minus (–), followed by a number larger than +100 or smaller than -100. To begin using the Football odds Converter you need to select with type of odds you need to convert. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied Probability. g. Odds of +120. For example, with -160 odds, calculate as 100/160, and reduce to 5/8 fractional odds. Enter the amount you want to bet, i. Point spread: Rather than betting on either side to win or lose, you’re betting on. 7:06 p. It depends on the one you prefer. Enter any one of the seven inputs and the other six will be computed and displayed. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. Converting Positive American Odds: American Odds: +350; Fractional Odds: 350 / 100 = 3. To calculate returns using decimal odds just multiply the stake by the decimal odds, the resulting number includes your initial stake. Market Type. Zcode System’s odds converter allows you to convert odds from American to decimal to fractional with ease. Implied odds or betting odds are likely not the same as the true odds. Negative odds indicate losing a large amount per each lost bet. In this case, you have it correct: 1 0. Additionally, input the amount of your bet and it will calculate the payout you will receive.