The formula to calculate the expected value of odds is as follows: (True probability of the outcome * Profits of the bet if win) – (True probability of the other outcome * Initial stake on the bet) Sharp odds same outcome: 1. Example for -150 American odds: (100 / -150) - 1 = 1. 80 in US format: Decimal odd = 1. 5 decimal odds would become +150 – (2. Odds Calculator. Implied win probability = 76. 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. To convert minus (-) American odds, divide 100 by the odds and convert them to a fraction. Converting American odds into fractional odds is simpler. A $300 bet at 1/3 odds would win $100, for a total payout of $400. When you see decimal odds of 2. To convert negative American odds to decimal, divide 100 by the odds and add 1. 5 x -100 = -200. 50= -200. To see how a. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. Outspread to moneyline converter would quickly reveal that the expected moneyline odds for the Celtics as favorites to win would be -349. 5), but the potential profit is $25 ($10 * 3. The sports betting odds calculator allows you to convert betting odds across American and Decimal odds. Moneyline is the most common, a straight line of numbers against a specific opponent. Enter the details and the betting calculator will predict your earnings and show your anticipated profit. Example: Converting -110. A Trixie betting calculator is a tool that helps bettors determine the potential returns and profits of their Trixie bets. The conversion from probability to odds is usually referred also as a risk to odds conversion. Add 1 to each result. For Joe’s Parlay, the American odds would be: (11. Enter the spread that the sportsbook is. American odds are common only in the US and few countries in. In our Bills-Dolphins example, you'd plug 2. How to use the Odds Converter Tool. 5 the total returned is $35 ($10 * 3. The no-vig calculator essentially backs out the “fair” odds by backing out the 3. g. All you need to enter are the American odds of a bet (either by using the slider or entering the value in the field) and the bet. Converting Decimal Odds to American Odds. This gives you a fast and easy way to see whenever a sportsbook’s odds are simply too good to pass up. Use this tool to strip pairs of American odds down into true implied. Let’s use a couple of examples to illustrate how this works. Decimal = Hong. 1st Step. 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. 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. For example, if you bet $10 at an odds of 3. If you bet $10, your winnings would be $6. For the sake of explanation, let's look at converting negative American odds: odds / (odds + 100) * 100 = implied probability. Use our Arbitrage Calculator to work out how to guarantee profit in a two-way or three-way market. For example, if the odds are -150, the decimal odds would be 1. This strategy requires quick decision-making and effective execution to lock in. If the decimal odd is greater than or equal to 2, apply this formula: A = (D - 1) x 100. In other words, divide 100 by the absolute value of the American odds and add 1 to the result. Start betting smarter today!. Favored odds such as -160 would be 100/160= 13/21. To convert these odds to their respective implied probabilities we make. 1:20. To convert decimal odds to American odds, use the following formulas. Giants plus 150. 5 x -100 = -200. Here are a few examples that help to illustrate the conversion from American odds into Malaysian odds and back again. So for Lions +500, the formula is (500/100) + 1, which equals 6. Click on Add Bet to add the other wagers on your ticket. 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. The odds calculator will also tell you the equivalent implied. g. 91 in decimal or -110 in American odds. The odds calculator shows the amount of money. Get the final bet amounts. Get free picks & predictions. If you're not sure you can estimate your team's chances. 50, 13/2 and +650 all mean the same thing and the need for an odds converter! Make your sports betting experience easier with our betting odds converter, letting you convert odds in all formats!Implied Probability to Odds Calculator for Sports Betting (Percentage to Odds) Find the best sports betting tools here: calculators, excel spreadsheets, odds comparison, and more. Odds/Probability Conversion. 4. The formulas to convert American odds to implied probabilities will be slightly different if you're converting a negative moneyline (favorite) or positive moneyline (underdog). 4 +1 = 2. 00 = 2/1 = +200 Decimal odds (also called "European" for their origin) is the most popular format in the world. Enter the odds & stake and our bet value calculator will do the rest. However for many sports and markets such as American Football, Boxing etc. Choose your preferred format. 7:06 p. 3. Positive American Odds: Example: American Odds = +150; Conversion: Decimal Odds = (150 / 100) + 1 = 1. Select the horses to include in the wager. 2nd Step. 0. Input your first wager in the Bet #1 slot. 5) Fractional Odds (3/2) Hong Kong Odds (1. Converting odds into probability, we divide the odds by 1+ the odds e. 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. Fractional. 0 and the fractional odds 3/1. Enter the odds. There are two possibilities: the figure quote can be either positive or negative. Enter the correct odds in decimal form. Now you can tell that $7. To calculate positive odds, you divide the bookmaker’s odds by 100 and multiply that number by your wager. Moneyline odds are favoured by United States bookmakers and as such, are sometimes called American Odds. (y – 1) x 100. Dragovich said Nebraska invited him out for. -100 divided by 1. To calculate returns using decimal odds just multiply the stake by the decimal odds, the resulting number includes your initial stake. We have all the tools to help you find the best odds. 54%. 5 x -100 = -200. 5 minus 1 equal -200). Completely FREE to use. 0 decimal odds. Above we have posted the American odds for Euro 2020. 60 (i. Fractional odds: Los Angeles Lakers 3/2, Boston Celtics 1/2. China is listed as the underdog at Indonesian odds of 2. It allows users to quickly and easily convert betting odds into total payouts. 50. For example, if the Dallas Cowboys are +300 in American odds, which is equivalent to 4. Negative American odds: -100/Odds = fractional odds. In the previous example, +100 in American odds (1/1 in fractional odds) is 2. 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. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. 15 for Indonesian/Hong Kong odds, and -0. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. Decimal odds = (100/American odds) + 1. Why use an Odds ConverterOdds Calculator. These moneyline odds are generally used for an event with two outcomes. 15 decimal odds, 23/20 fractional odds, 1. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. Odds for favorites are accompanied by a minus (-) sign. Select the Asian Handicap of your chosen team or the total goals over/under. William Hill can calculate the payouts for different types of bets. Convert the American odds to decimal odds using our odds converter. 10 units. Step 3. A horse that is 7/2 would be calculated as 2/ (7 + 2) x 100. 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. For. If the Houston Astros are listed at odds of 6/1 to repeat as World Series champions, that would convert to +600 in American odds. The implied probability calculator helps bettors compare the implied probability of a betting market against the actual “fair” probability of that market. American odds are a little trickier, as they operate using positive and negative odds. For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount. You can also convert to and from Implied Probability. Using the above +140 as a gambling calculator odds example, the formula works like this: (140/100) +1 = 1. The formula is as follows: 100/odds. Learn how to calculate your return with percentage odds. Fill in the odds from the example and we get: Implied Probability =100 / (650 + 100) x 100% = 100/750 x 100% = 13. American It is important to pay attention to. The total cost of the ticket will appear next to the words Ticket Cost. Convert the American odds to decimal odds using our odds converter. Step 4. (+400/100) + 1 = 5. By utilizing our odds converter you will be able to do sports betting odds conversion in an instant, and. Our parlay odds calculator can show you your expected payout from a parlay bet based on the amount wagered and the odds of each leg in any format (American, Fractional, or Decimal). Josh Nagel 37-17-3 (69%) L57. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. Let’s now look at Plus American odds. That means the bookies estimate an Aston Villa to be very unlikely, at a probability of 13. 3%. 81%. Subtract your original stake to get the parlay odds. Quick, do the math of the return on a $10 bet with 20-23 odds. A positive or plus (+) sign in front of the odds quote means that the odds displayed indicate the winnings that will be returned from a $100 bet. 59% to see this is -594. 2nd Step. 00 or higher: (Decimal odds – 1) * 100. 50 is: 1. 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. I'm guessing that there would have to be some conversion of the odds row (Row B) to convert from American odds to fractional odds to get the formula to read the odds. What it does? Converting odds from / to the three most popular formats - decimal, fractional and American. To Convert Negative American Odds to Decimal Odds, subtract 1 from (100 divided by the American Odds). +1800). Our calculator has two most knowing and popular versions: European and American. The average american odds give me -149, which convert to 1. g. For Negative American Odds: Fractional Odds = 100 / (ABS(American Odds)). Betting Odds Conversion. However, you checked the sportsbook and found that it had -340 odds for a Celtics win and +260 for a Clippers win. A -135 favorite means you must risk $135 to win $100 from the sportsbook. Now, multiply the decimal odds for each of the parlay legs together to get a multiplier. For example, American odds of 500, the calculation would be 500/100 = 5. Decimal. moneyline), Decimal, and fractional odds. Pretty easy, huh?!Let’s look at the three main odds formats and how these are calculated to find your expected winnings. The +115 American odds convert to 2. The formula to convert American Odds into Decimal Odds is as follows : Step 1: Determine if odds are positive or negative. 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. 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. Odds Converter. 2500 in. Add more odds if needed. 1 – (100/Odds) = decimal odds. 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. Hold (Rake) Expected Value. Most betting sites provide each odds option. 5 the total returned is $35 ($10 * 3. Go from American to fractional with one click!. It also calculates the implied probability of the bet and the profit if. 4, you do the following:American odds, also known as moneyline odds, is a type of betting odds used in sports betting. To convert American odds to decimal odds, you can use the following formula: Decimal odds = (American odds / 100) + 1. 1: 91%: 1/9-910: 1. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. See what your total payout and winnings will be. Again, you then need to simplify the fraction if possible. Imagine that you believe that the Oakland Raiders have a probability of 60% to win an NFL game but you want to know those odds in American format, you will convert it as follows: Because the probability is bigger than 50%, you will need to convert it to Minus American odds. How To Use The Odds Converter. The first is for when the decimal odds are greater than 2. 25 the American Odds are +125. 30 decimal, and 13/10 fractional. See moreUse this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. The winning bettor would receive a return of $700 whether the bet was made with fractional odds or American odds. g. If you have a specific bet or odds you wish to convert, use Pinnacle's Odds Converter. Again, you then need to simplify the fraction if possible. , +120 is $100 to win $120) or the amount you must wager to win $100 (e. Multiply the result of Step 2 by your bet amount. Frequently Asked Questions. If you want to learn how to convert decimal to positive American odds, you have to subtract one from the decimal value, then multiply it by 100 (e. This table can be used to convert one type of odds format into another. 5. Implied odds or betting odds are likely not the same as the true odds. For example, when you use an odds converter to convert decimal 1. 65 should that outcome prevail. (5 – 1) x 100 = 400. A double bet pays about 2. Betting odds appear in various forms: American odds (+ or -), a decimal, or a fraction. 9091) Win %: Calculate: Fraction of Bankroll to Wager: Vig Calculator and Vig Free Line Calculator; Calculation Type: Explanation: Team A: Team B: Average: US Odds:Moneyline odds are favoured by American bookmakers. Convert the American odds to decimal odds using our odds converter. That’s why we accept bets on the widest array of U. The decimal odds price equivalent is 1. Cowboys -170. Decimal. Then add 1 to get decimal odds of 6. 03. 22. A 4-point underdog in the NBA would have a money line listed at about +150. You must add a positive sign to the result to get the correct moneyline odds. Our easy to use odds conversion table makes odds converter simple. 5) Indonesian Odds (1. 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. American. When converting American Odds to decimal odds there are two different formulas you use depending on whether you are converting positive odss (+) or negative odds (-). In American odds, 5. 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. You win $700 profit per $100 staked. The table below shows some typical pricing in all three formats and the corresponding implied probability. So for Lions +500, the formula is (500/100) + 1, which equals 6. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. 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. 10. If the fraction is smaller than 1, it is known as odds-on, which is the same as negative American odds. The Stars are 1. Converting positive odds: You divide the American odds by 100 and add 1. You can convert a fractional odd into a decimal odd by dividing the first number (the numerator), by the second number (the denominator. 00 or. On the other hand, if you want to convert negative odds to fractional odds, you’re going to do the inverse of the previous calculation. For odds over 1/1, you then multiply the fraction by 100. To convert odds of less than 2. The data will be updated in the Football. To remove the juice from moneylines the first step is to convert the betting odds to implied probabilities using risk/return=implied probability. 67%. A successful $100 bet returns $210, so you’re risking $100 to win $110 (risking 1 unit to win 1. +100 in American odds, as an example, is equal to 2. If you want to learn how to convert decimal to positive American odds, you have to subtract one from the decimal value, then multiply it by 100 (e. This percentage factors in the bookmaker. bookmaker fair payout---Option 2. For example, if the American odds are 200, divide 200 by 100 and add one: (200 ÷ 100) + 1 = 3. Just enter a value in any one of the fields and the value will be automatically converted to other formats. American odds converter. A moneyline underdog. Click on calculate to view what your wager will pay out. g. g. Enter Odds. S. Select a bet amount in the left column. Remove 1 from the decimal and convert to a fraction, then reduce to simplest form: (decimal-1) -> convert to fraction. Vig Calculator. 11: 90%: 1/8-833: 1. 5 minus 1 equal -200). Below, you’ll find a couple of examples for converting American odds into decimals. However, it’s also arguably our most important. American odds are usually in 100s for example 300 is the same as the decimal odds 4. 5), but the potential profit is $25 ($10 * 3. 25 or 25%. Odds: 8. American Odds = (Decimal Odds – 1) * 100. There is a simple rule for -110 wagers. Convert odds for winning probability (percentages). 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. You will sometimes see +540 rendered as 6. Additionally, input the amount of your bet and it will calculate the payout you will receive. 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. Step-by-Step Conversion from American Odds to Decimal. 3333. For example, if you enter American odds of -125 into the US odds box, it will tell you that this equates to 1. For American odds of +150, you’ll need to divide 150 by 100 and add 1 to the result. 613 (value rounded up)On the calculator select which team you wish to bet on, the home or away team. k. Compare American, decimal, and fractional odds formats and find the best. -100/-140 = 0. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool . True Odds. 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. 25 fractional 5/4. Calculate the implied. 3%. With an Odds Converter, bettors can quickly exchange odds from one format to another. 714 in decimal odds (-140 in American). 0 (+200 as American odds), you would win $20. In the poker world, an out is defined as a card that will improve your hand. ROI Calculator; US Odds: (1. So, using our example again: +180 odds = 180 ÷ 100 + 1 = 2. Odds Conversion Calculator. Thread starter Remy Raven; Start date Apr 24, 2018; Tags $1. After entering your American odds, the Decimal, Fraction, and Implied Probability fields are then automatically populated. A tool like our moneyline calculator can be crucial to a. To convert this to American odds go back to our formula (-100)/ (Decimal odds – 1) which calculates to a moneyline of -102. Money Line Calculator (Implied Probability Converter) The following chart shows how likely a team is to win based on the odds. Fractional. 47. The Lakers had money line odds of -150 to win, while the Knicks odds were +250. Positive figures: The odds state the winnings on a. For negative American odds, take -100 and divide it by the decimal odds minus one. When displayed using American odds, they have a positive number. An odds calculator is easy to use. Conclusion: Understand your winnings. How to Convert Odds From Decimal to American? For Decimal Odds Greater Than 2. The formula is different when the American odds are negative: Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. 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. This means positioning the decimal number as the numerator and 1 as the denominator. Then add 1 to get decimal odds of 6. To calculate what you actually won, subtract your initial bet from the total payout. Live betting odds and lines, betting trends, against the. 4 cents plus the original stake of $1. Betting Calculator- Enter your odds and stake to calculate bet returns for all types of sports wagers. To convert decimal odds to fractional odds, you need to do the reverse. The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. 50 – 1. If the American odds are – ; 1- (100/ -American odds) =Decimal Odds. So whether you want to convert decimal to American odds or change all of your odds to fractional, our odds converter betting tool will do all the hard work for you. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. 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. It takes the bottom line – how much money you’ll receive from bets. Plus odds represent underdog odds and will tell you how much you’ll win if you bet $100. When negative, the American odds indicate the number of units that would need to be successfully wagered to win 100 units. You can use our odds calculator above to calculate the implied odds of a given bet as long as you know the odds of the bet. Lastly, using the American methodology, Australia's odds to win the 2015 ICC Cricket World Cup is -250. American odds, also known as moneyline or US odds, are expressed with either a positive or negative number. 64. Welcome to our odds value calculator. You can mix and match various odds formats. With a mix of odds, you can’t judge your win loss record the same way as a pure –110. Positive odds indicate the probability of winning more than you bet if your bet wins. Note that the payout displayed includes your original bet. Implied probability = negative American odds/ (negative American odds + 100) * 100. However, if I average the decimal odds first and then covert those to american odds, I then get 1. To read decimal odds and calculate your potential winnings, all you need to do is multiply the decimal number by your stake. Positive American Odds To Decimal For positive American odds, you’ll have to divide the money line by 100. To convert positive odds to a decimal, divide the odds by 100 and then add 1. This means that the odds of -110 would end up as: 100/110. 50. Therefore, the implied probability equals 71. For example, if you bet $10 at an odds of 3. 1 – (100/Odds) = decimal odds. Terms we used in a sports betting calculator: American odds – very popular odds type in USA.