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. This calculator will convert "odds for winning" an event or "odds against winning" an event into percentage chances of both winning and losing. Decimal to Implied Probability: Decimal = 1 / implied probability, Implied Probability to Decimal: Implied Probability = 1 / decimal. How do you convert decimal odds to american? 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. 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. The associated implied probability is also calculated. The fractional representation of 2 is 2/1. For decimal odds between 1.00 and 2.00: Malay = decimal – 1 Implied Odds. Simply subtract 1 from the decimal representation, and then use the fractional representation of the resulting value. Our odds converter allows you to convert between decimal, fractional and moneyline odds. Implied probability is the probability of an outcome occurring as implied by the bookmaker odds. Indonesian odds equal American odds divided by 100. Betting Calculator. \[ Odds = \displaystyle \frac{p}{1 - p}\] The conversion from probability to odds is usually referred also as a risk to odds conversion. Probability vs. Fractional Odds. Learn more about implied probability. Subtract 1 from the decimal representation e.g. Dutching Calculator - 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. Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. Positive figures: The odds state the winnings on a £100 bet e.g. 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. 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. How to use the Odds Converter? This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. 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. So, the odds can be any positive number, it does not have to be a number between 0 and 1. Source: Aceodds. 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. Odds Converter & Probability Calculator Never tell me the odds Show Hide Help . A winning $10 bet at 1/2 fractional odds would return $15.00 for a $5.00 profit (50% return). To Win $ - Payout. Convert between US odds (moneyline odds), decimal odds, fractional odds, Hong Kong odds, Indonesian odds, Malay odds, and implied probability. A winning $10 bet at 1.50 decimal odds would return $15.00 for a $5.00 profit (50% return). The team would win 5 out of 6 games and lose 1 of them. To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). Decimal to Hong Kong: Decimal = Hong Kong + 1, Hong Kong to Decimal: Hong Kong = Decimal – 1. How to use an odds convertor calculator. As with all measures of probability, the implied probability always falls in the range 0 <= implied probability <= 1. Other useful calculators . Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. 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. The odds in the bet multiply for every additional leg you add to the accumulator. So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. Expected Winnings $ 0.00; Expected Payout $ 0.00; Create Wager. Decimal odds will be converted to the nearest standard American or Fractional equivalent. How do you convert odds to probability percentages? To use the calculator, simply input the odds in the format of your choosing and press “Convert”. Odds changed since you placed your last bet? Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. The maximum number of legs in an accumulator is dependent on the sportsbook you are placing the bet with. Odds Converter. Be careful if … Fractional odds express the net return (in fractional form) from a winning 1 unit bet. Note that both 1 and -1 are equivalent to decimal odds of 2.00. Smarkets’s odds converter converts decimal odds, American odds, fractional odds and percentage odds into your preferred odds format, so you can quickly identify … Dutching calculator. Odds Calculator. Fill out one of the values, the other two will populate. To use the calculator, simply input the odds in the format of your choosing and press “Convert”. Decimal: Fractional: Moneyline: Implied probability. 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). For example, if you wish to convert odds of 3.0: 3 – 1 = 2. It will include an interactive odds converter among other useful features. See what your total payout and winnings will be. 0.75) Probability as a fraction (e.g. If, on the other hand, instead of knowing the probability you know the odds, you can use this odds to probability calculator. Note that both 1 and -1 are equivalent to decimal odds of 2.00. For decimal odds between 1.00 and 2.00: Indonesian = -1 / (decimal – 1) 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. Based on your IP address it appears you are in New South Wales so we unfortunately cannot display any betting promotions. Odds, are given as (chances for success) : (chances against success) or vice versa. For decimal odds between 1.00 and 2.00: American = -100 / (decimal – 1) 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. When negative, Malay odds represent the number of units needed to be wagered in order to win 1 unit. On the other hand, the above formula is used in order to calculate probability from the odds. That way, you’ll know the exact amount you would win prior to placing any picks at your favorite sportsbook. When negative, Indonesian odds represent the number of units needed to be wagered in order to win 1 unit. Supports all major formats including decimal, fraction and american. Betting Calculator Before making any bet, it helps to know what you're risking for the expected payout. Converting Decimal Odds . Input your stake and odds in the betting calculator to quickly calculate the total payout for your bets. It is typically expressed as a percentage. Decimal odds will be converted to the nearest standard American or Fractional equivalent. When positive, Indonesian odds express the net return from a winning 1 unit bet. 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 … Odds Conversion Calculator. 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. How do you convert american odds to fractional? For American odds <= -100: decimal = (-100 / American) + 1. american odds of 110 would win £110 on a £100 bet. The mathematical concept of odds is related to, yet distinct from the concept of probabilities. 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? We provide no guarantee as to the accuracy of the information found on this site. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e.g. Decimal; American ; Fractional; RESET. There has to be a minimum of two legs in your bet to be classified as an accumulator. Convert decimal, fractional and moneyline odds to implied probabilities. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. Dutching Calculator - Odds changed since you placed your last bet? How do you convert fractional odds to decimal? How do you convert decimal odds to fractional? Sportsbooks use 3 methods for stating odds: Fractional, Decimal, and American . How do you convert probability percentages to odds? How do you convert american odds to decimal? A winning $10 bet at 0.50 Hong Kong odds would return $15.00 for a $5.00 profit (50% return). 2/3) Odds as a ratio (e.g. Bet Type. Betting Odds Conversion Table. 1.50), Fractional to Decimal: Fractional = decimal – 1 (expressed as a fraction, e.g. It will then display the equivalent odds in all the different formats. The associated implied probability is also calculated. If, on the other hand, instead of knowing the probability you know … Few bettors use fractional odds for betting sports (other than horse racing), because the conversions to understand return are difficult. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. An odds convertor is a simple an easy tool to use, however they are really effective. 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. How do you convert fractional odds to american? This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. For Indonesian odds <= -1: decimal = (-1 / Indonesian) + 1. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. Odds correlate to probability e.g a 3/1 bet is expected to win one in every 4 attempts, hence the probability is 25%. Example: 3.40 – … a fractional value of 3/1 = (3/1) + 1 = 4. You can also convert to and from Implied Probability. Malay odds fall between -1 and 1, but cannot equal zero. Just enter a value in any one of the fields and the value will be automatically converted to other formats. Hong Kong odds express the net return from a winning 1 unit bet. There are two steps to convert decimal odds into a fraction. Future 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. ODDS CONVERTER calculator. 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. When negative, the American odds indicate the number of units that would need to be successfully wagered to win 100 units. The key constant with betting odds is implied probability, the odds may look different but the probability of the outcome winning is the same. 3.00 in decimal odds equals +200 in American odds), For American odds >= +100: decimal = (American / 100) + 1 For decimal odds above 2.00: Malay = -1 / (decimal – 1), For Malay odds between 0 and 1: decimal = Malay + 1 american odds of -90 would win £100 on a £90 bet. This approach is most often using by punters comfortable with exchange betting as odds fluctuate more frequently. 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. When positive, Malay odds express the net return from a winning 1 unit bet. Visit signupbonuses.co.uk for new customer offers and promotions. In the majority of circumstances, neither is preferable to the other. Bet Amount. Just click one of the buttons and input either a probability for converting into odds or odds for converting into probability. Enter the odds you wish to convert into any of the boxes in the betting odds calculator and click on “Convert”. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. You are here:  Home >> Tools >> Online Calculators >> Odds Conversion Calculator. Odds Type: -110 4. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. Supports all major formats including decimal, fraction and american. How does the accumulator calculator work? Winning Starts Here! RESET. There are 3 methods of stating odds that most bookmakers and websites support. American Odds. Odds Conversion Calculator. 3/2). Probability-Odds Conversion Calculator. How to use an odds probability calculator? It is your responsibility to verify and examine all aspects of your online sports bet with the bookmaker before placing it. This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. Decimal Odds. Our team is working hard on developing a multi-purposes betting calculator. Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager. This most likely means "500 to 1 Odds are against winning" which is exactly the same as "1 to 500 Odds are for winning." When positive, American odds express the number of units that can be won from a 100 units wager. It indicates how much you will win based on the odds and total wagered. Bet Amount. The conversion from probability to odds is usually referred also as a risk to odds conversion. Fill out one of the values, the other two will populate. your stake; That’s it! Calculator Use Convert stated odds to a decimal value of probability and a percentage value of winning and losing. An accumulator requires all legs to win to be successful. Fave Odds: -110 6. Add 1 to the fractional representation 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. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. You can also convert odds to implied probability percentages, decimal, fractional or american by … Betting Calculator Parlay Calculator Bet Slip. 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