When positive, American odds express the number of units that can be won from a 100 units wager. The formula to calculate this probability is relatively straightforward. You would see the following information as a result. 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. A negative number indicates what you must bet to make £100 profit, while a positive number indicates how much you might profit if you bet £100. S. 20. Usually, you would place your chips at the intersection of four numbers on the. Add 1, and. $10 bet = $3. Converting American Odds To. If you wanted to place a $10 bet on the San Francisco 49ers at -330, you could enter -330 in the odds calculator above. Most betting sites provide each odds option. 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. For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount. S. Convert odds to a fair win probability like this: producing a probability with 0 < p ≤ 1/2 0 < p ≤ 1 / 2. The odds comes in two formats. Implied Probability is a chance of winning percentage. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. +125), Fractional (e. g. The default wager is set at $100. 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. So the calculation for decimal odds of 1. 72 which converts to -139 american odds. American Odds. If you're not sure you can estimate your team's chances. Enter the Decimal odds, American odds or Fractional odds. 3%. The two-point conversion was good, and the Cowboys have all but wrapped up another Thanksgiving victory, leading 31-10 with 10 minutes to go. Decimal to Moneyline/American. Dragovich said Nebraska invited him out for. If you are curious about the math behind calculating parlay payout, you’ll need to use an odds converter to convert American odds to decimal odds. Formula: Decimal Odds = (100 / Absolute Value of American Odds) + 1. Positive figures: The odds state the winnings on a £100 bet e. You must add a positive sign to the result to get the correct moneyline odds. The best odds converter you'll find on the market is available right here on the best betting agent's website. 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. ROI Calculator; US Odds: (1. For example, you could enter American odds such as +140 into the calculator, and this will automatically convert to 2. 50. How to Convert American Odds to Decimal Odds. To Win: $0. How to Convert American Odds into Decimal Odds. Example #2: Betting 3. Divide 100 by negative odds and add one for negative American odds. 1st Step. It also calculates the implied probability of the bet and the profit if the bet wins. 5 x -100 = -200. Converting positive American odds to Implied odds. producing a probability with 1/2 < p < 1 1 / 2 < p < 1. +1612. In our Bills-Dolphins example, you'd plug 2. 3 billion in revenue expected from online. 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. For an explanation of the odds types on this table see decimal, fractional and American odds. 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. Decimal odds will be converted to the nearest standard American or Fractional equivalent. 0 decimal odds. Convert your decimal, fractional and moneyline betting odds using our odds converter tool. Larry Hartstein 55-31 (64%) L86 PROPS. Select the Asian Handicap of your chosen team or the total goals over/under. If Negative. 2 + 1 = 1. 75 = 75/100 = 3/4 2. Here you need to choose the proposed bet amount from 1 to 100 units. Point spread: Rather than betting on either side to win or lose, you’re betting on. 00. American odds are centered around winning or wagering $100. The moneyline calculator formula for negative odds is (100 / odds) x $50. When negative, the American odds indicate the number of units that would need to be successfully wagered to win 100 units. 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. For example, to convert odds of 1. a. Explanation for our Football Odds Converter. Once again, we have two different formulas for positive and negative odds, but they’re both simple to follow. Enter the amount you want to bet, i. 0. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. American odds are always expressed as a positive or negative number. For example, an American odds of +120 would win $120 on a successful $100 bet. 22:. Step 2: If Positive. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. You can also cancel all your bets by clicking on the "CLEAR BETS" buttons or pressing "UNDO" to cancel the last one. Giants plus 150. You're betting on which side will win an event and if that side wins, you win. Then add 1 to get decimal odds of 6. $10 bet = $13. To do this, let’s go back to ninth-grade algebra. 3% before) and Utah should win the game 37. If it is negative, take -100, divide it by US odd and add 1. 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. As a reminder, in cases where the decimal odds are 2. 50 odds will pay out $150 ($50 profit, plus your $100 stake). Decimal. We have made the conversion of odds on this calculator as easy as possible. This gives you a fast and easy way to see whenever a sportsbook’s odds are simply too good to pass up. Bet Amount. In American odds, that’s +597, meaning this parlay pays nearly 6-1. Step 4. 15 back ($10 bet + $6. This is an easy one to work out, but some other odds can be a lot more complicated. Fill in the odds from the example and we get: Implied Probability =100 / (650 + 100) x 100% = 100/750 x 100% = 13. 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. Bet Amount. American odds: Los Angeles Lakers +150, Boston Celtics -200. 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. Convert Decimal (European), Fractional (UK) and Moneyline (American) oddsConvert the American odds to decimal odds. Now you can tell that $7. We convert this fraction into decimal odds by taking 5, dividing it by the 2, and then adding 1. Live arbitrage betting involves taking advantage of rapidly changing odds during a sports event. 9%. g. To convert positive odds to a decimal, divide the odds by 100 and then add 1. American It is important to pay attention to. Note that 42% + 58% = 100%! This removes the vig from both lines. Bet 1 has odds of 1. Moneyline odds are worked out to a bet of $100. The formula to convert American Odds into Decimal Odds is as follows : Step 1: Determine if odds are positive or negative. Gaming Today’s Parlay Calculator uses American odds. Completely FREE to use. For example, if the American odds are 200, divide 200 by 100 and add one: (200 ÷ 100) + 1 = 3. Let’s consider fractional odds of 3/2. It includes three double bets and one treble bet. 5/2 to Decimal Odds. Calculator for Sports Odds. Convert the implied probability to your preferred odds format. Step 2. 6667) Implied Probability (%) Calculate. Underdogs. 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. American odds are usually in 100s for example 300 is the same as the decimal odds 4. 6667. That’s it! There are two calculations for this conversion too. How To Convert Moneyline Odds To Probability. odds converter. For negative American odds, it’s [odds] ÷ [odds +100] x100. The +115 American odds convert to 2. Plus odds represent underdog odds and will tell you how much you’ll win if you bet $100. 30 (+130). The total cost of the ticket will appear next to the words Ticket Cost. Enter the odds & stake and our bet value calculator will do the rest. Simply enter the odds into the box below and we will automatically convert it for you. 5) Indonesian Odds (1. To convert negative odds, you create a fraction by putting. If this ease of use is not enough reason for you to start using a betting odds calculator, then perhaps you will be convinced by the concept of being able to. g. In this case, you have it correct: 1 0. Probability = 150 / (150 +100) Probability = 150 / 250. 45. See what your total payout and winnings will be. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool . In each case, the bettor would risk $100 to win $600. 2. However, manual conversions tend to take time and are prone to mistakes. To convert. g. 12. To convert odds from American odds lines to fractional bets, remove 2 zeros from underdog odds and put the resulting number over 1. Hold (Rake) Expected Value. Multiply the decimal odds together to get your multiplier. Step-by-Step Conversion from American Odds to Decimal. The formula is different when the American odds are negative:Potential Profit = Stake x (Odds/100) Since you also get your stake back with a winning wager, this needs to be taken into account when calculating your total payout. To. For example, American odds of 500, the calculation would be 500/100 = 5. How to convert odds? Quickly and easily convert odds to fractional, decimal and American. 00000007151123842 = 13, 983, 816 1 0. An odds converter allows bettors to easily convert money line odds between different formats, such as American, decimal, and fractional. Under Odds Type, pick your odds style. If the American odds are positive, you would divide by 100 and add 1. Let’s now look at Plus American odds. To convert a decimal of 2. One of the visitors already on campus for Nebraska this Friday is Liberty lineman George Dragovich, a 2024 lineman. So it’ll show that the Browns had odds of +125 to win, while the Saints had odds of -200 to win. Fractional American Decimal Implied Odds; 1/10-1000: 1. Most betting sites provide each odds option. Select the horses to include in the wager. Where the American odds have a negative value, divide 100 by the odds and then add 1. 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. The Stars are 1. Simply enter your bet amount and the odds and our parlay calculator will show you your expected profit (“To Win”) and. 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. Converting Positive American Odds: American Odds: +350; Fractional Odds: 350 / 100 = 3. The “implied probability” is a mathematical expression of the percentage chance of the selection you are choosing being successful. 0012, and 88. For every $1 wagered, the bettor profits 71. 00. 03 is actually correct, some bookies tend to refer to -300 when meaning the fractional 1/3 because it's easier for the punter to remember, while. American odds: Los Angeles Lakers +150: If you bet on the Los Angeles Lakers moneyline and they win, you would receive a profit of $150 for every $100 wagered. To proceed, we need to convert these odds back into the American format. Input your first wager in the Bet #1 slot. 8 -220 odds = 100 ÷ 220 + 1 = 1. Multiply all decimal odds together to find the parlay odds. OK, now let's convert our American odds to probabilities. Of course, being a mediocre Excel nerd, I want to automate as much as possible, but now. Above we have posted the American odds for Euro 2020. ). ODDS CONVERTER. To change your odds format, simply click the drop down menu next to “Odds Type” and select either American or Decimal. 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. 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/. g. Enter American odds (ex: -110) for each team and view the “Vig %” for the given odds. g. 30 decimal, and 13/10 fractional. If the odds are +200, you divide 200 by (200+100) and get 0. If the American odds are – ; 1- (100/ -American odds) =Decimal Odds. To convert a decimal of 2. For any bet that has a handicap value set (ex: a point spread of -6, total of 43, etc. Fortunately, there are tons of free calculators available online that you can use to. 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. 8000 in Hong Kong style, -1. American odds can be either positive or negative, and the number indicates how much money you need to bet in order to win a certain amount. The information and tools in this website are given AS IS WITHOUT ANY WARRANTY OF ANY KIND. Quick navigation: American Probability The value automatically updates once there is an input. 5) Malay Odds (-0. E. Moreover, the built-in payout calculator helps ensure that users of the best betting brokers get the most value from their bets. 7% chance to win this game. American, decimal, fractional odds, and implied probability can be calculated. Find out how to convert American Odds to Decimal odds, as well as Fractional and Implied. Josh Nagel 37-17-3 (69%) L57. 5) Fractional Odds (3/2) Hong Kong Odds (1. Ew. For example, if you bet $10 at an odds of 3. 5 minus the $10 stake). Any odds with a plus sign (like +150) means you'll win more than you risked — a $100 bet at +150 wins. 03. American odds < 0:-100/American odds; Convert the decimal result to a fraction. However for many sports and markets such as American Football, Boxing etc. If the odds are positive, apply this formula: 100/ (odds + 100). Implied. Negative figures: The odds state how much must be bet to win £100 profit e. The second calculation table below will convert from decimal odds to American odds and decimal odds to fractional odds. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. Work out your sports bet returns for: Accumalators, Lucky 15’s, Doubles and more. Odds format american +125 decimal 2. So, using our example again: +180 odds = 180 ÷ 100 + 1 = 2. Add the positive sign, and we get +400. Math Hacks - Converting American Odds to Probability Made EasyLearn how to convert between American Odds (-110) and Probability (52. 1 day ago · 0. You can convert a fractional odd into a decimal odd by dividing the first number (the numerator), by the second number (the denominator. For negative American odds: 100 ÷ American odds + 1. 632 -> True probability: 0. American odds are common only in the US and few countries in. After entering your American odds, the Decimal, Fraction, and Implied Probability fields are then automatically populated. Let’s now look at Plus American odds. So the calculation for decimal odds of 1. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. To convert decimal odds to fractional odds, you need to do the reverse. Pick the original format of odds. -110 odds mean you need to wager $110 to win $100. Step 2: Input the amount of money you want to stake. The Zcode System odds converter also allows you to discover the implied probability of winning the bet. Conversion American odd to decimal depends on whether it is negative or positive. (y – 1) x 100. Fractional odds work similarly to American odds; they just don’t assume a $100 wager. The expected value of a $100 bet on Rams +110 is equal to $5, as seen in the calculator. 1. There is a simple rule for -110 wagers. 5 minus 1 equal -200). Much easier to know who the favorites are, who the underdogs are, and how much you’ll. Our calculator supports all major formats: American Odds (-400) Decimal Odds (1. Note 1: The calculator accepts US or decimal odds. Team B: 330 / 100 = 3. This is how they look: 1. Implied win probability = 76. 00 you place on a particular outcome, you will receive a profit of 0. For negative American odds, take -100 and divide it by the decimal odds minus one. 3%. 5. For Decimal odds that are higher than 100 include the decimal point or it will be interpreted as American odds. Decimal. Decimal. 50, Boston Celtics 1. Learn how to bet on sports by using our betting odds, odds value, odds converter, and hedging calculators to get all the data you need to make the right wagers. If the odds are positive, it means you’d need to wager less than $100 dollars to win $100. The Odds Calculator is a tremendous way to calculate your potential winnings when it comes to placing multiple bets including accumulators. 2-500 83. Odds for favorites are accompanied by a minus (-) sign. 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. For example, if the odds are -150. Subtract your original stake to get the parlay odds. For example, “Decimal Odds” of 3. Simply multiply your bet amount by the decimal odds, then subtract the bet amount out of the total payout to calculate your winnings. 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. 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. What are American odds? Also known as US odds or moneyline odds, American odds are the default betting odds used by American sportsbooks. Enter the Odds and Stake of your original bet and the Odds for the alternative outcome. Where the American odds have a negative value, divide 100 by the odds. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. 7. 100 divided by 110 is 0. A spread bet in football is normally offered at -110 on both sides of the bet. 67%. Sure, but we do the hard work for you with this American odds converter. If we believe the chances of the Knicks winning the game are greater than 60%, we have found a value bet. Divide the odds by 100, and then reduce it to its simplest form, e. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. Find out how to convert American Odds to Decimal odds, as well as Fractional and Implied odds. 00 – 1) * 100 = +500). A moneyline underdog. Cowboys -170. Odds are a bit different in that they usually give the ratio between two events. 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. US odds = (-100)/ (1. Decimal odds: Los Angeles Lakers 2. For example, by inputting the decimal odds of 1. The Stars are 1. Point Spread. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and more. 00. If the odds are 0, then it is an exact 50/50 bet and will pay out 1/1. Additionally, input the amount of your bet and it will calculate the payout you will receive. The Excel Parlay Calculator is a very simple sports betting tool. 00 – 1) = 5 => 5/1). Decimal. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. 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. 00 is used by default). Cowboys minus 170. Decimal odds = (100/American odds) + 1. 50 – 1 = 0. Quickly convert to and from: fractions, decimals, American, European, money line & probability percentages. Therefore, the decimal odds equivalent is 2. To convert American odds (including -110) to other odds formats and to calculate your payout, use our handy and free odds calculator and converter. 2 = -100 / (1. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. 2381, and then x100 to have a probability of 23. 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 odds of less than 2. 2500 in. BonusFinder betting odds calculator helps you figure out how much you stand to gain. To convert decimal odds to fractional odds, you need to do the reverse. American 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. Enter the original value. To Convert Negative American Odds to Decimal Odds, subtract 1 from (100 divided by the American Odds). Bet Type. With our parlay calculator, you can select how you want your odds displayed. I came here looking for a function to use in my Excel worksheet to convert American odds to decimal. 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. The first calculation table below will convert odds from American to decimal odds and American to fractional odds. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including. 15 for Indonesian/Hong Kong odds, and -0. 7143 Malay Odds. The winning bettor would receive a return of $700 whether the bet was made with fractional odds or American odds. g. Add 1 to each result. g. 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. 12: 89%: 1/7-714: 1. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. The implied probability of winning column on our odds converter is also useful, because it tells you whether you are betting on a heavy favourite or an underdog. Learn how to calculate your return with percentage odds. For example, American odds of 500, the calculation would be 500/100 = 5. Odds/Probability Conversion. For example, if you bet $10 at an odds of 3. Use Odds Converter Tool to convert odds between American, fractional, decimal, Hong Kong, Indonesian and Malay formats. American Odds, -110. Now, multiply the decimal odds for each of the parlay legs together to get a multiplier. Use it freely!. This means that the odds of -110 would end up as: 100/110. So for Lions +500, the formula is (500/100) + 1, which equals 6. 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. For example, if you successfully bet $10 on odds of 3. 50 and the American variation of +150. The American odds usually start with a plus(+) or a minus(-). a decimal value of 3 = (3 - 1) * 100 = 200. Money Line Calculator (Implied Probability Converter) The following chart shows how likely a team is to win based on the odds. It takes the bottom line – how much money you’ll receive from bets. Note that the payout displayed includes your original bet. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. Moneyline bets are as straightforward as it gets in sports betting. Enter American odds in the Team 1 and Team 2 fields to see the resulting vig (hold) percentage. For plus odds, the formula for doing so is adding 1 to American odds and dividing them by 100. Calculate the implied. But simply just add your american odds into the calculator above, along with your stake and the Pickswise odds calculator will take care of the rest. 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. Odds of 1/3 convert to American odds of -300. Decimal odds to American Minus American Odds Conversion. 2nd Step. Positive American Odds To Decimal For positive American odds, you’ll have to divide the money line by 100. e 60%) So the bookmakers are suggesting the Knicks are a 60% chance of winning the game. 1% (vs 64. 50 and American odds of +350. A negative value of -200 says. 9091. Odds Converter Calculator. You can find some common examples in decimal, fraction, and percentage probability. , if we have odds of 1:3, then we divide 1/3 by 4/3 which gives us a probability of 0. 4. For positive American odds: American odds ÷ 100 + 1 . Moneyline (or American) odds are popular among the United States bookmakers. Our calculator has two most knowing and popular versions: European and American.