Implied. To convert. 5 decimal odds would become +150 – (2. For negative American odds: Decimal odds = (100 / -American odds) + 1. Examples. Odds Conversion Calculator. Team B: 330 / 100 = 3. 00. Multiply the result of Step 2 by your bet amount. Simply put in your bet amount and the odds in any format, and our calculator will show you how much you would win, your odds in the other formats, and the implied probability of the chance of winning. To convert a decimal of 2. In this case, 3 ÷ 2 + 1 = 2. Step-by-Step Conversion from American Odds to Franctional. You must add a positive sign to the result to get the correct moneyline odds. Odds of -140. How to convert betting odds into probability. Decimal. Check out more insight into how. You can convert decimal odds to American odds or fractional odds using our free bet calculator. The “fair” win probability for the above example is that Ohio State should win the game 62. 00, you minus 1 from the decimal and then times the answer by -100. Your estimated probability of the event you are backing is crucial for Kelly criterion to work. 50 – 1 = 0. However, you’ll always need to convert the fraction into a decimal, dividing the numerator by the denominator. The odds indicate how many times your stake will be multiplied in your total payout. Win more using the ultimate sports betting tool, we compare the odds from every legal sportsbook on every event. 1st Step. 30 x $50 = $165. 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. Fractional Odds = (100/negative American odds) Fractional Odds = (positive American odds/100) Turning American odds into a fractional format. 0 decimal odds. Implied Probability is a percentage that is derived by converting the given betting odds that represent the likelihood of that outcome occurring. g. 632 -> True probability: 0. E. In this scenario, the Grizzlies are 6. 9091. Example, Rounding = 2, format 0. To Convert Positive American Odds to Fractional Odds, divide the American odds by 100, turn the decimal into a fraction, and find the. The total cost of the ticket will appear next to the words Ticket Cost. 97, for a stake of $100, you stand to win $597 ( 6. It also calculates the implied probability of the bet and the profit if the bet wins. Example for -150 American odds: (100 / -150) - 1 = 1. 00, you minus 1 from the decimal and then times the answer by -100. For example, decimals odds of 200. 22, meaning a team or horse that’s 7/2 has an implied win probability of 22. All you need to do is enter the odds of each leg of your parlay into the “Odds” column: The spreadsheet allows for both American and Decimal odds. , (6. An odds calculator is easy to use. 22 percent. 25) odds and your total stake, and immediately calculates your potential winnings & payout for the bet. 50 and the American variation of +150. Step-by-Step Conversion from American Odds to Decimal. However, it is not always 100% precise if the decimal is not . Fractional odds work similarly to American odds; they just don’t assume a $100 wager. Step 2: Input the amount of money you want to stake. 50 is: 1. It’s helpful as most bookmakers will offer their. How to Convert American Odds to Decimal Odds. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. The Eagles were -125 and the Chiefs were +100. Enter the vig, odds & stake and our vig-free calculator will do the rest. 54%. 00 you place on a particular outcome, you will receive a profit of 0. Enter the odds & stake and our betting arbitrage calculator will do the rest. 00000007151123842 = 13, 983, 816. Here’s the formula:The Probability to Odds Formula. American odds represent the amount you can win for every $100 wagered (e. Simply input a figure in any of the fields above, click submit and the rest of the form will populate. I came here looking for a function to use in my Excel worksheet to convert American odds to decimal. Divide the odds by 100, and then reduce it to its simplest form, e. For example, a decimal value of 4 works like this = (4 - 1) x 100 = 300. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. If the odds are -200, you divide 100 by (200+100) and get 0. If the decimal odds are less than 2. Assuming A1 is the American Odds, In B1, input: =IF(A1="","",IF(A1>0,(A1/100). Of course, in the US, American odds are the most common. Convert the American odds to decimal odds using our odds converter. 50. The roulette payout calculator will help you to plan your betting strategy by finding your bet's odds and potential winnings from the initial amount of money you plan to bet. 50, Boston Celtics 1. E. 00 = 3. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. So for Lions +500, the formula is (500/100) + 1, which equals 6. 5/1 or 7/2. 2: 83%: 2/9-455: 1. 1/2 odds = -100 / (1/2) = – 200; How to Convert American Odds to Decimal Odds. 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. How to use this odds conversion & implied probability tool. 1 units). Question: How do I convert decimal odds to American odds? Answer: If the decimal odds are greater than 2. The Lakers had money line odds of -150 to win, while the Knicks odds were +250. 97%). ‘moneyline’ odds are used. An odds converter is a tool that automatically converts one odds format to another. 03. Much easier to know who the favorites are, who the underdogs are, and how much you’ll. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. 5 minus 1 equal -200). 1st Step. 20: 2. The figure quoted is either positive or negative. The conversion from probability to odds is usually referred also as a risk to odds conversion. 00 in decimal odds, and one over two is 1/2, or 50%. This means that the odds of -110 would end up as: 100/110. S. The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. So, Nate Diaz at +110 in American odds can be worked out as: (110 / 100) + 1 = 2. 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. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. 0. 75 – 1 = . The tool will then calculate and display the same odds in the other formats and also show the implied probability. In order to convert a fractional odd into American odds you simply have to follow this formula: Over 1/1: Convert Fraction to Decimal and multiply by 100. To convert a decimal of 2. The calculation for converting fractional odds to US odds differs depending on whether you’re converting odds over 1/1 (an underdog) or under 1/1 (a favourite). To remove the juice from moneylines the first step is to convert the betting odds to implied probabilities using risk/return=implied probability. The odds converter also displays the implied probability. For example, by inputting the decimal odds of 1. 00. 5), but the potential profit is $25 ($10 * 3. Frequently Asked Questions. You can convert a fractional odd into a decimal odd by dividing the first number (the numerator), by the second number (the denominator. So if you're parlaying three point spreads at -110 — -110 converted to decimal odds is 1. 0000 could. Odds of 1/3 convert to American odds of -300. 300/100 is simplified to 3/1. You can find some common examples in decimal, fraction, and percentage probability. 00: American = (decimal – 1) * 100 (often expressed with a + in front, e. The “implied probability” is a mathematical expression of the percentage chance of the selection you are choosing being successful. Step 4. Rapidly convert a set of odds from American odds to fractional odds, decimal odds, implied probability, Hong Kong odds, Indonesian odds of Malay odds using the betting odds calculator. 500/ (600) = 5/6 * 100 = 83. So for Lions +500, the formula is (500/100) + 1, which equals 6. Examples: 1. For example, if you want to convert. -110 odds mean you need to wager $110 to win $100. 85), fractional odds (57/20), and implied probability (25. So you get an event that happens "1 in 13,983,816" tries. For example: 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 (-). 38 – 1) x 100 = 1038 or +1038 in the language of the book. The odds calculator shows the amount of money. 81%. To see how a. When odds are expressed with a plus (+) or minus (–) symbol followed by a number. Simply enter the odds into the box below and we will automatically convert it for you. ), you. The reality is that nobody bets exclusively at –110 odds. 00 or. a. 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. The decimal odds price equivalent is 1. If you need to convert a +210 to a fraction format, it would be 210/100= 21/10. To calculate returns using decimal odds just multiply the stake by the decimal odds, the resulting number includes your initial stake. Odds are a bit different in that they usually give the ratio between two events. 75: 1. Enter American odds (ex: -110) for each team and view the “Vig %” for the given odds. US odds = (5. This strategy requires quick decision-making and effective execution to lock in. If you bet $100 on the Giants and they win, you win $150. g. How do you Convert American Odds to Decimal Odds? American odds are the same as money line odds, and they are often written as the amount you would win based on a $100 bet . 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. A no vig fair odds calculator is used to back out "fair" odds from a market. It’s even less obvious when you’re working with American odds and decimal odds. Our calculator has two most knowing and popular versions: European and American. 1:20. 47. Example: Converting -110. You will sometimes see +540 rendered as 6. Moreover, the built-in payout calculator helps ensure that users of the best betting brokers get the most value from their bets. A tool like our moneyline calculator can be crucial to a. This gives you a decimal odds of 2. Above we have posted the American odds for Euro 2020. 00 – 1) * 100 = +500). You then multiply the top and bottom numbers by ten until there are no decimal places left. Next enter 18. 53). For. 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. If you were to bet $100 in that situation, your Expected Value would be -$4. Multiply all the decimal odds together. An odds calculator is easy to use. 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. Decimal odds = (100/American odds) + 1. Decimal odds will be converted to the nearest standard American or Fractional equivalent. A -135 favorite means you must risk $135 to win $100 from the sportsbook. When the American odds is a positive number, divide it by 100 and add 1. Converting American odds into fractional odds is simpler. If the American odds are positive (+110, +130, +400, etc. Convert your decimal, fractional and moneyline betting odds using our odds converter tool. An unbeatable betting experience. 7:06 p. In other words, divide 100 by the absolute value of the American odds and add 1 to the result. 0 is Full Kelly, 0. Of course, being a mediocre Excel nerd, I want to automate as much as possible, but now. 8696 Malay Odds. If the odds are negative, for instance $-110, wagering $110 dollars would generate a payout of $210 and a profit of $100. If the American odds are – ; 1- (100/ -American odds) =Decimal Odds. Betting Odds Conversion. 00. Most bookies will manually set their odds to Fractional,. 5. 75 = 75/100 = 3/4 2. The yellow fields above are input cells. Decimal: Fraction : American (Moneyline)First, using a betting odds converter, convert American odds into decimal odds. No-Vig Fair Odds Calculator. 50 is: 1. Indonesian odds can be likened to American odds. 3%. For example, you could enter American odds such as +140 into the calculator, and this will automatically convert to 2. Choose from American, decimal, fractional or implied odds formats and see the. Converting positive odds: You divide the American odds by 100 and add 1. Your parlay calculation would look like this: 1. If you wanted to place a $10 bet on the San Francisco 49ers at -330, you could enter -330 in the odds calculator above. Subtract your original stake to get the parlay odds. Betting Odds Conversion Table Fraction Decimal American Implied. 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. It makes the perfect sports betting calculator, putting odds into your preferred format and telling you exactly how much you can potentially win. 3%. The main drawback is the price. This is helpful in handicapping because you can see just what percentage of your wagers you need to win at each given money line in order to profit. For negative American odds: 100 ÷ American odds + 1. For decimal odds between 1. 11% (European) and 7. Simply enter any fractional (British), decimal (European) or moneyline (American) odds and click "Calculate". Example: If you want to determine the potential payout and implied probability for an NFL game with American odds of -200, you can input the odds into the calculator. Once again, we have two different formulas for positive and negative odds, but they’re both simple to follow. Secondly, you can use any bet type you can imagine. 97 x $100 minus your initial $100 stake). To convert odds of less than 2. Therefore, the decimal odds equivalent is 2. William Hill can calculate the payouts for different types of bets. A 4-point underdog in the NBA would have a money line listed at about +150. To proceed, we need to convert these odds back into the American format. You must add a positive sign to the result to get the correct moneyline odds. A tool like our moneyline calculator can be crucial to a. e 60%) So the bookmakers are suggesting the Knicks are a 60% chance of winning the game. Meaning you would need to wager $200 and $1500, respectively, to win $100. a decimal value of 3 = (3 - 1) * 100 = 200. 30. For example, a favorite of four points in the NBA might have a money line of around -184. 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. Step 2. 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. Get th. If the decimal odd is greater than or equal to 2, apply this formula: A = (D - 1) x 100. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. Enter the spread that the sportsbook is. (+400/100) + 1 = 5. Use our odds calculator to easily convert American (a. 03 payout. Fractional Odds, 7/4. Dutching Calculator- Odds changed since you placed your last bet? Use this calculator to determine the stakes necessary to guarantee a fixed. The odds calculator at the top of this page can help you convert American Odds (such as a bet offered at -110) into decimal odds and vice versa. For negative odds (favorites), convert using this formula: The odds converter tool offers the easiest way to change between different odds format used in bookmakers and different betting sites, such as *Fractional*, *Decimal* and *American* and even the likes of Hong Kong, Indonesian and Malay odds. American odds: Los Angeles Lakers +150, Boston Celtics -200. Pick the original format of odds. , -200 is $200 to win $100), whereas decimal odds represent the amount you win for every $1 wagered. For Negative American Odds: Fractional Odds = 100 / (ABS(American Odds)). Negative odds indicate losing a large amount per each lost bet. 5 the total returned is $35 ($10 * 3. ), use. 00 in US format, you use the below formula instead: US odds = (-100)/ (Decimal -1) Let's convert now the odds of 1. American Odds & Moneyline Calculator. 50. Conclusion: Understand your winnings. If you were to do the calculation yourself, you would want to convert the American odds or fractional odds to decimal odds first, as the formula for implied probability is simple one over the decimal odds. 000, but you can still do a rough conversion in order to have a sense of the nearest fractional odds. The team would win 5 out of 6 games and lose 1 of them. Use this tool to strip pairs of American odds down into true implied. 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. There are a number of ways that odds can be. 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. Vig Calculator. -100 ÷ -200 = 1/2Double 1: Double 2: Double 3: Treble: Total Return: Total Profit: A Trixie bet is a type of wager that involves placing four bets on three selections. (5 – 1) x 100 = 400. 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. The moneyline calculator formula for negative odds is (100 / odds) x $50. Quick, do the math of the return on a $10 bet with 20-23 odds. Simply enter the market into a no vig calculator to determine fair win probability. 1) Convert the American odds from each leg of your parlay into decimal odds. To convert negative odds, you create a fraction by putting. Example: Converting Fractional Odds to Decimal and American. For example, with -160 odds, calculate as 100/160, and reduce to 5/8 fractional odds. In this way, American odds indicate both the probability and the potential. This means positioning the decimal number as the numerator and 1 as the denominator. Negative American odds: 1 – (100/ – American odds) = decimal odds. Implied odds or betting odds are likely not the same as the true odds. Fractional odds of 7/2 equate to decimal odds of 4. If Over/Betting, then select over or under. Decimal. 8%; 1/4Minus American Odds Conversion. It’s 1 minus (100 divided by the US odds). 100 / (250 + 100) X 100 = 28. This is how they look: 1. Thirdly, this calculator will show you how much. 2 minus 1 multiplied by 100 equals 220). Set a bet amount. 33 = 1/3 = -300 2. For a + sign, divide the odds by 100. American odds cannot simply be multiplied together — each. Moneyline odds are worked out to a bet of $100. 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. See moreUse this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. Let’s now look at Plus American odds. Rounded up to two decimals on a parlay calculator, that gives a potential payout of $121. 66. bookmaker fair payout---Option 2. 5. Enter Odds. You can also convert to and from Implied Probability. For example, a net payout of 4/1 would be quoted as +400. If the ROI is negative, there is no profit available and you will have a guaranteed loss. 00. So = 300 ÷ 100 + 1 = 4. The most straightforward way of doing this is to pick a calculator using American odds. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. American Odds, -110. Now you can tell that $7. 67 decimal odds. Minus odds represent favourites and will tell you how much money you need to risk to win $100. Odds format american +125 decimal 2. American. Our odds calculator calculates your potential winnings in both American, fractional and decimal odds. odds bookmaker fair payout. 5-point favorites in a contest with the over/under set at 228. 100 over the relevant number (ignoring the negative sign). Fill in the odds from the example and we get: Implied Probability =100 / (650 + 100) x 100% = 100/750 x 100% = 13. American, decimal, fractional odds, and implied probability can be calculated. The vig percentage represents how much “vig” or “vigorish” the sportsbook is charging you. For example: when Indonesian odds are -1. NBA Odds Calculator: See the projected payouts of your NBA bets. That's quite a lot of difference so which one is correct?Odds Formula. Odds Converter. 00 or higher: (Decimal odds – 1) * 100. 🙋 Decimal odds are widely used in continental. Negative American odds: -100/Odds = fractional odds. Decimal to American. 03. Use this tool to strip pairs of American odds down into true implied. This means that the no vig “fair” odds are +100, and both teams have an implied win percentage of 50%. It includes three double bets and one treble bet. How To Use The Odds Converter. Remy Raven New Member. For negative American odds, it’s [odds] ÷ [odds +100] x100. Again, you then need to simplify the fraction if possible. Enter the Odds for your bet and our Margin Calculator will work out the probability and the bookmaker's margin. For the sake of explanation, let's look at converting negative American odds: odds / (odds + 100) * 100 = implied probability. :. Converting Decimal Odds to American Odds. 2, use this formula: -100 ÷ (1. 40 (decimal odds), but you can use a betting odds calculator to turn it into American odds. 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. For example, American odds of 500, the calculation would be 500/100 = 5. 2nd Step. 00, you can convert them to negative American odds using the formula -100 / (Decimal Odds – 1). US odds = (-100)/ (1. Here you need to choose the proposed bet amount from 1 to 100 units. 1. 20. Convert odds between Fractional, American and Decimal format and see the implied odds at each. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. That’s it! There are two calculations for this conversion too. 40-1) x 100 = 4. If the decimal odd is less than 2, apply this formula: A = 100 / (1 - D) where D is. With our parlay calculator, you can select how you want your odds displayed. American Odds.