For example, to convert odds of 1. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and. When you see decimal odds of 2. Betting Odds Calculator The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets. 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. American to Decimal ; American to Fractional; Odds Converter; Decimal to Fractional. American Probability The value automatically updates once there is an input. E. 3%. 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. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. 97%). For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. Giants plus 150. Decimal. 5% from both win probabilities, then finding the odds associated with the now “fair” win probabilities. They are shown with a plus (+) or minus (–), followed by a number larger than +100 or smaller than -100. To convert something to be "1 in N", you simply take the reciprocal. American odds are often used in the United States, Canada, and Australia. How to Use a 3-Way Fair Odds Calculator. 2 minus 1 multiplied by 100 equals 220). An odds converter is a tool that automatically converts one odds format to another. Formula: Decimal Odds = (100 / Absolute Value of American Odds) + 1. For negative American odds, take -100 and divide it by the decimal odds minus one. It also calculates the implied probability of the bet and the profit if the bet wins. 71 = 7/10 = 3/5. 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. This betting tool allows you to convert odds between the most widely used odds formats. That equals 22. 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. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. Find out how to convert American Odds to Decimal odds, as well as Fractional and Implied odds. When American odds are positive, the figure indicates how much money will be won on a $100 wager (this is done for an. Click on calculate to view what your wager will pay out. The calculator to the left can be used to remove vig from 3-way markets such as 1X2 used in football (soccer) and sometimes hockey. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. 03. 45. 22. For example, a decimal value of 4 works like this = (4 - 1) x 100 = 300. An odds converter allows bettors to easily convert money line odds between different formats, such as American, decimal, and fractional. 50 = 6/4 = +150 3. 00 in decimal odds equals +200 in American odds) How to convert Hong Kong Odds to decimal odds. The odds converter instantly converts fractional, decimal and moneyline odds into your chosen format and gives you the implied probability of the event occurring. You either lose $135, win $100, or your wager is a push. The Excel Parlay Calculator is a very simple sports betting tool. To convert back from American to decimal odds for positive odds, use this formula: 1 + (American odds / 100)How to convert American odds to decimal odds? To convert American odds to decimal odds, you need to choose the formula based on whether the American odd is an underdog (positive number) or a favourite (negative number). The formula to convert American Odds into Decimal Odds is as follows : Step 1: Determine if odds are positive or negative. 3 billion in revenue expected from online. 00. If you have + American odds and want to see them in decimals, the formulae is: (American odds/ 100) + 1 = Decimal odds. NBA Odds Calculator: See the projected payouts of your NBA bets. That’s it! There are two calculations for this conversion too. 4. How to use the Odds Converter Tool. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. 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. The no-vig calculator essentially backs out the “fair” odds by backing out the 3. Cowboys -170. How to Convert American Odds to Decimal Odds: Decimal odds are another popular way odds are listed, especially overseas. 85), fractional odds (57/20), and implied probability (25. Negative American odds: 1 – (100/ – American odds) = decimal odds. We have made the conversion of odds on this calculator as easy as possible. That means the bookies estimate an Aston Villa to be very unlikely, at a probability of 13. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. For negative American odds: 100 ÷ American odds + 1. How to convert odds? Quickly and easily convert odds to fractional, decimal and American. This would look like +320 odds running through as 100 ÷ 420 to get 0. This table can be used to convert one type of odds format into another. Baseball side bettors rarely bet any games at –110, and even if all you do is bet football and basketball point spreads and totals, you’ll have bets at –110, +105, –115, +101, and so on. g. BonusFinder betting odds calculator helps you figure out how much you stand to gain. The figure quoted is either positive or negative. American Odds To Fractional Odds. Here’s an example, using odds of 5. This bet might come into play with a total or two closely matched clubs. If the odds are 0, then it is an exact 50/50 bet and will pay out 1/1. American odds: Displayed as a “+” or “-” followed by a number. A moneyline underdog. Decimal Odds. 00 on the Chiefs winning the Super Bowl. Live arbitrage betting involves taking advantage of rapidly changing odds during a sports event. 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. 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. g. The vig percentage represents how much “vig” or “vigorish” the sportsbook is charging you. Step 2. A successful $100 bet returns $210, so you’re risking $100 to win $110 (risking 1 unit to win 1. Let’s use odds of +500 and -500 for these examples. 0. We convert this fraction into decimal odds by taking 5, dividing it by the 2, and then adding 1. The reality is that nobody bets exclusively at –110 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. How to Convert Odds From Decimal to American? For Decimal Odds Greater Than 2. However for many sports and markets such as American Football, Boxing etc. It takes the bottom line – how much money you’ll receive from bets. True Odds. For example, a net payout of 4/1 would be quoted as +400. Use this odds calculator for all types of bet, including each way bets. 00, you can convert them to positive American odds using the formula (Decimal Odds – 1) x 100. Odds Converter Calculator. 00 in US format, you use the below formula instead: US odds = (-100)/ (Decimal -1) Let's convert now the odds of 1. Use this tool to strip pairs of American odds down into true implied. 00: Subtract 1 from the decimal odds. 10 bet formula math win R. For example, to convert odds of 1. To calculate your profits only, simply follow the formula: Wager x odds. 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. This. Examples: Odds of +120 conversion (120/100) + 1 = 2. 25 or 25%. Negative american odds - Negative 100 divided by (the decimal odds minus one) e. A no vig fair odds calculator is used to back out "fair" odds from a market. ‘moneyline’ odds are used. Packers: 200 / (200 + 100) *100 = 66. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83. (5 – 1) x 100 = 400. 00, you minus 1 from the decimal and then times the answer by -100. If we take our $110 wager and multiply it by 10/11, we get $100. To convert. 91 — your formula looks like:American odds to probabilities. The Oilers have odds of 2. If it is negative, take -100, divide it by US odd and add 1. To convert decimal odds to fractional odds, you need to do the reverse. $10 x (120/100) =. 9091) Win %: ROI: Calculate: Kelly Criterion Calculator; Kelly Multiplier: (1. The +140 American odds convert to 2. 61. ). This calculator uses decimal odds, so you can't use fractional odds used in the UK or American odds. 50-1) = (-100)/0. 3%. How to Use the Sports Betting Odds Calculator and Converter. Pretty easy, huh?!Let’s look at the three main odds formats and how these are calculated to find your expected winnings. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. -100/-140 = 0. American odds (aka moneyline odds) are numbers like +150 + 150 or −400 − 400 used to express how much a winning bet would pay out. g. 03. Arbitrage exists because bookmakers set their odds independently; in other words. The Sportsbook Scout Odds Screen is just a one time purchase for lifetime access to live odds. American Odds. Sorted by: 6. Find out how much you'll win on any parlay. Zcode System’s odds converter allows you to convert odds from American to decimal to fractional with ease. And that’s not all, since it can also be used to compare. Fractional betting odds are easy to calculate. Fractional odds of 7/2 equate to decimal odds of 4. Any odds with a minus sign (like -110) indicate that you must risk more than you'll win — a $110 bet at -110 would win $100. 1 units). For example, if the odds are -150. How To Convert Moneyline Odds To Probability. For the second method, you’ll divide the American odds by 100 and deduct 1 from the answer. 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. Of course, being a mediocre Excel nerd, I want to automate as much as possible, but now. The formula that is used to compute the odds for the occurrence of an event, p p, given its probability is shown below: Odds = displaystyle frac {p} {1 - p} Odds = 1−pp. Hole cards of A♣️ T♣️ will surely have the. 50 is: 1. If the American odds are positive (underdogs), convert using this formula: (American odds / 100) +1. 1 – (100/Odds) = decimal odds. 615). To convert this to American odds go back to our formula (-100)/ (Decimal odds – 1) which calculates to a moneyline of -102. The easiest way to convert American odds into decimal odds is by using an Odds Calculator. 6667. Moneyline odds are favoured by United States bookmakers and as such, are sometimes called American Odds. 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 best odds converter you'll find on the market is available right here on the best betting agent's website. A Trixie betting calculator is a tool that helps bettors determine the potential returns and profits of their Trixie bets. For converting negative American odds to decimal odds, divide 100 by the. 67%. The implied probability calculator helps bettors compare the implied probability of a betting market against the actual “fair” probability of that market. Payout: 11:1. The +115 American odds convert to 2. a. Most bookies will manually set their odds to Fractional,. 50 and the American variation of +150. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. Converting American odds into fractional odds is simpler. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. 5 points. For example: A $100 bet at 1. 0 or greater the moneyline will come out a positive number and therefore the conversion formula is 100* (Decimal odds -1) instead of the (-100)/ (Decimal odds – 1. Their opponent is also listed at -104 odds, so both teams have the same moneyline odds. You can mix and match various odds formats. How to Convert American Odds to Decimal Odds: Decimal odds are another popular way odds are listed, especially overseas. The first is for when the decimal odds are greater than 2. It can get a little tricky with fractions, as you have to convert the decimal and reduce the resulting fraction to how the sportsbook would actually list the bet. Here is an example multi-sport parlay on three teams that would turn a $100 bet into nearly $1,000 if the three teams win their respective games. For example, if the odds are -150, the decimal odds would be 1. 00, you can convert them to negative American odds using the formula -100 / (Decimal Odds – 1). It is also easy to convert American odds to fractional or decimal odds, and can easily be done using our online odds converter. NBA Odds Calculator: See the projected payouts of your NBA bets. So the calculation for decimal odds of 1. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. American It is important to pay attention to. Divide the odds by 100, and then reduce it to its simplest form, e. To calculate what you actually won, subtract your initial bet from the total payout. For example, if you bet $10 at an odds of 3. 59% to see this is -594. 10. 20 = 120/100 = 6/5. Probability = 0. American It is important to pay. 10 units. . 67. To win $100 for a Cowboys win, you have to bet $170. Your parlay calculation would look like this: 1. If you bet $10, your winnings would be $6. Enter American odds (ex: -110) for each team and view the “Vig %” for the given odds. 00000007151123842 = 13, 983, 816 1 0. Gaming Today’s Parlay Calculator uses American odds. For example: when Indonesian odds are -1. Moneyline odds, also known as ‘American odds’ are probably the most foreign odds format to those of us outside of North America. Whichever variation you enter into the odds calculator, it converts it to all other formats. Implied. American Odds (+150) Decimal Odds (2. The following tables show various calculation translations to and different odds types. ‘moneyline’ odds are used. Many bookmakers support all three odds. Subtract your original stake to get the parlay odds. Erik Kuselias 29-11 (73%) L40 PROPS. A spread bet in football is normally offered at -110 on both sides of the bet. 0 and the fractional odds 3/1. The American odds usually start with a plus(+) or a minus(-). 25) odds and your total stake, and immediately calculates your potential winnings & payout for the bet. 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 (-). Note that +100 and -100 are both equivalent to decimal odds of 2. (y – 1) x 100. Odds conversion. How To Convert American Odds To Decimal Odds. For converting moneyline to decimal, when the moneyline price is positive divide it by 100 and add 1. moneyline), Decimal, and fractional odds. By utilizing our odds converter you will be able to do sports betting odds conversion in an instant, and. American It is important to pay attention to. 9091. 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. 00 – 1) * 100 = +500). American. American odds are the most popular odds format in the U. 65 means that for every 1. It includes three double bets and one treble bet. The team would win 5 out of 6 games and lose 1 of them. FAQs. When the American odds is a positive number, divide it by 100 and add 1. Converting positive American odds. If the odds are -200, you divide 100 by (200+100) and get 0. 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. Explanation for our Football Odds Converter. For example, American odds of -110 are equivalent to 10/11 and 1. 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 (-). Convert the American odds to decimal odds using our odds converter. 50 – 1) x 100 = 1. Add the positive sign, and we get +400. 2 - 1) = -500. 91 in decimal or -110 in American odds. This is a great tool to use to help you decide on whether a bet is likely to. Why use an Odds ConverterOdds Calculator. Apr 24, 2018 #1 I'm creating a spreadsheet to keep track of my hobby, sports betting. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and more. Go from American to fractional with one click!. Enter the Decimal odds, American odds or Fractional odds. Next enter 18. 75 – 1 = . Josh Nagel 37-17-3 (69%) L57. 00. 0 decimal odds. 81%. For example, if the Dallas Cowboys are +300 in American odds, which is equivalent to 4. To convert negative odds, you create a fraction by putting. 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. For Joe’s Parlay, the American odds would be: (11. E. , (6. It's a little trickier to convert between moneyline/American odds and decimal odds because moneyline takes the form of both positive and negative numbers. Example 2: Japan to beat China. American odds = ( (numerator / denominator) + 1) x 100 if the fractional odds are below 2. This calculator supports both European decimal odds and American moneyline odds. 97 is +597, meaning this parlay pays nearly 6-1. American odds to decimal For positive odds, add one to the American odds divided by 100. There are two possibilities: the figure quote can be either positive or negative. 39 (+339). 30 x $50 = $165. 0. Check out more insight into how. 100 over the relevant number (ignoring the negative sign). 2 - 1) = -500 American odds. 15 back ($10 bet + $6. 54. Where the American odds have a negative value, divide 100 by the odds and then add 1. 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 do you convert decimal odds to american? Positive american odds - (The decimal value minus one) multiplied by 100 e. 1, whereas the Clippers would have the underdog moneyline odds of +270. Using -300 as an example, the formula would be 1 + (100 ÷ 300) = 1. The good news is that our betting odds converter is simple enough to use so that even complete rookies can convert American odds to decimal. Our calculator supports all major formats: American Odds (-400) Decimal Odds (1. 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 . 60 (i. 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. To calculate the decimal odds of a bet, you only need to know the winning and losing chances. American, decimal, fractional odds, and implied probability can be calculated. 90% (American). This means that the odds of -110 would end up as: 100/110. 00. 3%. Use the AllStar’s betting odds conversion table and betting odds conversion calculator below to quickly switch from one odds format to another. 00. It depends on the one you prefer. Example: Converting -110. Select the Asian Handicap of your chosen team or the total goals over/under. That means you have to put down $300 to win $100. For an explanation of the odds types on this table see decimal, fractional and American odds. 80 in US format: Decimal odd = 1. 14: 88%: 1/6-588: 1. For every $1 wagered, the bettor profits 71. If you were to bet $100 in that situation, your Expected Value would be -$4. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. 5%. Much easier to know who the favorites are, who the underdogs are, and how much you’ll. In this case, you’ll receive $16. 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. 1) Convert the American odds from each leg of your parlay into decimal odds. The winning bettor would receive a return of $700 whether the bet was made with fractional odds or American odds. 62 = 1. 00, you minus 1 from the decimal and then times the answer by -100. A betting odds calculator is a software used to convert the format of one odd to another. The betting odds calculator tool allows you to enter your odds in American, decimal, or fractional formats and translate them into the format you understand and need to place your sports bets. Although fractional odds are more prevalent in the UK and Europe, you can utilize our free odds converter to quickly determine their equivalent in American odds, which are commonly used in the US. It also calculates the implied probability of the bet and the profit if the bet wins. If you have decimal odds of 2. 8696 Malay Odds. Additionally, input the amount of your bet and it will calculate the payout you will receive. In our Bills-Dolphins example, you'd plug 2. That's quite a lot of difference so which one is correct?Odds Formula. Stake ($) Net Profit ($)While all odds formats show the same thing, there are slight advantages and disadvantages for American odds. Question: How do I convert decimal odds to American odds? Answer: If the decimal odds are greater than 2. Odds Converter Calculator. Joined Apr 24, 2018 Messages 2. Learn how to calculate your return with percentage odds. If we believe the chances of the Knicks winning the game are greater than 60%, we have found a value bet. g. Texas A&M Aggies vs Florida Atlantic Owls Odds - Friday November 24 2023. Bet on four numbers. Choose your preferred format. The Grizzlies are also heavy favorites from a Moneyline. Where the American odds have a positive value, simply divide them by 100 and then add 1. For decimal odds between 1. Fractional. Add 1 to each result. 2nd Step. If both favorites are priced at -200 (1. Odds of +345 conversion (345/100) + 1 = 4. For example, if you successfully bet $10 on odds of 3. 5 minus the $10 stake). You can also view corresponding odds by their implied probability of winning (expected win %), as well as calculate payouts for sports bets based on the amount wagered ($100. To convert from decimal odds to positive American odds, you can generally subtract by 1 and then multiply by 100. Therefore, the decimal odds equivalent is 2. Most betting sites provide each odds option. Compare how different outcomes on each selection might affect your profits before placing your bet. 1: 91%: 1/9-910: 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 odds. According to a study by the American Gaming Association, legal sports betting in the United States generated $13 billion in revenue in 2019, with an estimated $4. g. Implied probability = negative American odds/ (negative American odds + 100) * 100. When a selection is. While this conversion to -303. 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. For Negative American Odds: Fractional Odds = 100 / (ABS(American Odds)). To convert between formats, use our odds converter and bet. 6 into the following formula to convert back to. For underdogs it works a bit differently. Underdogs. How To Calculate Fractional Odds Payouts. Meaning you would need to wager $200 and $1500, respectively, to win $100.