-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. 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. Odds: 8. The Stars are 1. For example, American odds of 500, the calculation would be 500/100 = 5. To convert odds from American odds lines to fractional bets, remove 2 zeros from underdog odds and put the resulting number over 1. Our calculator has two most knowing and popular versions: European and American. Win more using the ultimate sports betting tool, we compare the odds from every legal sportsbook on every event. When a selection is. If the odds are -200, you divide 100 by (200+100) and get 0. Set a bet amount. For example, if your win probability is 62%, then your equivalent decimal odds are 1/0. To convert odds of less than 2. 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. When moneyline odds are positive, the figure indicates how much money will be won on a $100 wager (this is done for an outcome that is considered less likely to happen than not). +125), Fractional (e. Converting positive odds: You divide the American odds by 100 and add 1. 12. 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. 50 and 1. For negative American odds, take -100 and divide it by the decimal odds minus one. To calculate returns using decimal odds just multiply the stake by the decimal odds, the resulting number includes your initial stake. The no-vig calculator essentially backs out the “fair” odds by backing out the 3. 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. Moneyline odds are favoured by United States bookmakers and as such, are sometimes called American Odds. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. For example, if you bet $10 at an odds of 3. 00 in decimal odds equals +200 in American odds) How to convert Hong Kong Odds to decimal odds. Moreover, the built-in payout calculator helps ensure that users of the best betting brokers get the most value from their bets. 286 or -350 in American notation. , (6. To convert from decimal odds to positive American odds, you can generally subtract by 1 and then multiply by 100. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. Click on Add Bet to add the other wagers on your ticket. To illustrate, a slight favorite would carry odds of say -200, while a heavy favorite might be at -1500. 00. 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. Secondly, you can use any bet type you can imagine. If you need to convert a +210 to a fraction format, it would be 210/100= 21/10. American odds: Los Angeles Lakers +150, Boston Celtics -200. 667%. Market Type. The American odds are excellent for calculating payouts quickly, especially if you use. 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. If you prefer. Implied. We will look at an example below in an NBA game between the New Orleans Pelicans and the Memphis Grizzlies. 11: 90%: 1/8-833: 1. For instance, -170 odds can be calculated as 100/170 and reduced. The Odds Calculator is a tremendous way to calculate your potential winnings when it comes to placing multiple bets including accumulators. Betting odds calculator allows you to insert your odds and automatically convert them to American, Decimal, and Fractional odds. How To Calculate Fractional Odds Payouts. To convert these odds to their respective implied probabilities we make. To convert American odds to decimals, you simply carry out the reverse calculations. However for many sports and markets such as American Football, Boxing etc. Here’s the formula to convert from American odds to Decimal odds: When American odds are positive the formula is: (American odds / 100) + 1 = decimal odds. In this case, 3 ÷ 2 + 1 = 2. 65 should that outcome prevail. 50= -200. Decimal to American. The winning bettor would receive a return of $700 whether the bet was made with fractional odds or American odds. This calculator uses decimal odds, so you can't use fractional odds used in the UK or American odds. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool. To convert American odds (including -110) to other odds formats and to calculate your payout, use our handy and free odds calculator and converter. 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. For our example, as the odds are negative, the implied probability will be 150/ (150 + 100) = 60%. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. Here’s the formula:The Probability to Odds Formula. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. 00, you can convert them to negative American odds using the formula -100 / (Decimal Odds – 1). Convert the American odds to decimal odds using our odds converter. com. 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. You can use this tool as an odds on calculator. For example: A $100 bet at 1. 40-1) x 100 = 4. For example, an American odds of +120 would win $120 on a successful $100 bet. The conversion from probability to odds is usually referred also as a risk to odds conversion. Just like converting fractional odds to American odds, to convert American to decimal you need to determine if the original price is a positive or negative number. odds-calculator featured above. Use this betting tool before heading to your sportsbook to ensure you are committing to the best. 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. Step 4. If the decimal odds are less than 2. Math Hacks - Converting American Odds to Probability Made EasyLearn how to convert between American Odds (-110) and Probability (52. NJ only. If the American odds are positive (underdogs), convert using this formula: (American odds / 100) +1. 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. bookmaker fair payout---Option 3. The best odds converter you'll find on the market is available right here on the best betting agent's website. To convert fractional odds to decimal, take the fractional number, convert it to decimal by doing the division, and then add 1. Multiply all decimal odds together to find the parlay odds. Above we have posted the American odds for Euro 2020. For an explanation of the odds types on this table see decimal, fractional and American odds. 00. Just enter a value in any one of the fields and the value will be automatically converted to other formats. 5-point favorites in a contest with the over/under set at 228. However, if I average the decimal odds first and then covert those to american odds, I then get 1. 45. We use American style (-500), but you can choose Fractional (1/5) or Decimal (1. Moneyline (or American) odds are popular among the United States bookmakers. Examples. Note that 42% + 58% = 100%! This removes the vig from both lines. For converting negative American odds to decimal odds, divide 100 by the. Josh Nagel 37-17-3 (69%) L57. How to convert odds? Quickly and easily convert odds to fractional, decimal and American. Malaysian odds are expressed in decimals, either positive or negative. For example, a decimal value of 4 works like this = (4 - 1) x 100 = 300. If both favorites are priced at -200 (1. For the above odds, the implied probability of a Cardinals win is: 120/ (120 + 100)*100 → 120/220 * 100 = 54. If we believe the chances of the Knicks winning the game are greater than 60%, we have found a value bet. The formula is as follows: 100/odds. Then, multiply those decimal odds together for the overall odds for that parlay. Betting odds appear in various forms: American odds (+ or -), a decimal, or a fraction. +100 in American odds, as an example, is equal to 2. This percentage factors in the bookmaker. 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. a decimal value of 1. 75 – 1 = . With an Odds Converter, bettors can quickly exchange odds from one format to another. 5/4) or Decimal (e. g. In our Bills-Dolphins example, you'd plug 2. Enter the odds. The following tables show various calculation translations to and different odds types. Converting Decimal Odds to American Odds. To convert. You must add a positive sign to the result to get the correct moneyline odds. 1) Convert the American odds from each leg of your parlay into decimal odds. Use this tool to strip pairs of American odds down into true implied. 50 is: 1. Odds/Probability Conversion. Odds of -140. American, decimal, fractional odds, and implied probability can be calculated. 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. 03. 7:06 p. $10 bet = $13. 5% = 60%) = 58% true win probability. The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. NFL Odds Calculator: See the projected payouts of your NFL bets. Minus odds represent favourites and will tell you how much money you need to risk to win $100. Point Spread. 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. 00. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied Probability. Of course, in the US, American odds are the most common. The formula to convert American Odds into Decimal Odds is as follows : Step 1: Determine if odds are positive or negative. Betting Odds Conversion Table Fraction Decimal American Implied. 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 strategy requires quick decision-making and effective execution to lock in. 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). American odds: Displayed as a “+” or “-” followed by a number. 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. American Odds & Moneyline Calculator. 50 odds will pay out $150 ($50 profit, plus your $100 stake). See moreUse this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. How to Use the Sports Betting Odds Calculator and Converter. . You can select between inputting American Odds or Decimal Odds, and the calculator will automatically generate the vig-free odds in the same format. 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. 50 – 1 = 0. Team B: 330 / 100 = 3. Multiply the decimal odds together to get your multiplier. The Zcode System odds converter also allows you to discover the implied probability of winning the bet. Packers: 200 / (200 + 100) *100 = 66. A betting odds calculator is a software used to convert the format of one odd to another. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. Note: Please make sure that the odds that you enter follow one of the three formats listed below. In other words, odds of 1. Here is how to find implied probability from American Odds: • Negative American Odds: Implied Probability = -Odds / (-Odds + 100) • Positive American Odds: Implied Probability = 100 / (Odds + 100) Using an example of a bet with -140 odds one side and +120 odds on the other, you would get:Calculator Instructions. Positive American Odds: Example: American Odds = +150; Conversion: Decimal Odds = (150 / 100) + 1 = 1. 00 = 2/1 = +200 Decimal odds (also called "European" for their origin) is the most popular format in the world. For negative American odds, it’s [odds] ÷ [odds +100] x100. The. Apr 24, 2018 #1 I'm creating a spreadsheet to keep track of my hobby, sports betting. Implied probability = negative American odds/ (negative American odds + 100) * 100. Here you need to choose the proposed bet amount from 1 to 100 units. To convert minus (-) American odds, divide 100 by the odds number (without the minus sign) and change that quotient to a fraction. Converting American Odds of 250. Use this odds calculator for all types of bet, including each way bets. For example, if the American odds are 200, divide 200 by 100 and add one: (200 ÷ 100) + 1 = 3. Pretty easy, huh?!Let’s look at the three main odds formats and how these are calculated to find your expected winnings. 3. 8696 Malay Odds. To convert decimal odds to fractional odds, you need to do the reverse. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. Supports all major formats including decimal, fraction and american. 66. 58 -> without bookie edge: 1. 2-500 83. Decimal odds, most popular in Europe, are fairly straightforward. Positive American Odds To Decimal For positive American odds, you’ll have to divide the money line by 100. Indonesian odds can be likened to American odds. 0 in decimal odds. 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. I came here looking for a function to use in my Excel worksheet to convert American odds to decimal. 15 for Indonesian/Hong Kong odds, and -0. 5 minus the $10 stake). You can also convert to and from Implied Probability. By utilizing our odds converter you will be able to do sports betting odds conversion in an instant, and. 6-to-1, and a. 85), fractional odds (57/20), and implied probability (25. Decimal odds to American Minus American Odds Conversion. Quickly convert to and from: fractions, decimals, American, European, money line & probability percentages. Open the Paddy Power odds converter page; Type the odds (+130) into the box that currently represents its odds type – in this case, American; Look to the decimal odds or fractional odds boxes to instantly see the converted odds; In this case, the boxes will read +130 American, 2. How to use this odds conversion & implied probability tool. Implied Probability is a percentage that is derived by converting the given betting odds that represent the likelihood of that outcome occurring. 2: 83%: 2/9-455: 1. For example, American odds of 500, the calculation would be 500/100 = 5. 00 has an implied probability of 33. This is an easy one to work out, but some other odds can be a lot more complicated. American odds converter. 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. 61. American odds are common only in the US and few countries in. A +350 underdog means you risk only $100, but you. Decimal. However, it is not always 100% precise if the decimal is not . American Odds. Favorite: Odds / (Odds + 100) *100. 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. Welcome to our odds value calculator. 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. (+400/100) + 1 = 5. If the American odds are positive (+110, +130, +400, etc. Conversion formulae and examples are also provided. Odds conversion. This means a $100 bet would potentially win you $200 in. Converting Decimal Odds to American Odds. 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. Note that the payout displayed includes your original bet. 1 units). 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. That’s why we accept bets on the widest array of U. 15 decimal odds, 23/20 fractional odds, 1. If the decimal odd is less than 2, apply this formula: A = 100 / (1 - D) where D is. 50 = 6/4 = +150 3. 300/100 is simplified to 3/1. 67%. Example: Converting Fractional Odds to Decimal and American. S. 00 and 2. It also calculates the implied probability of the bet and the profit if the bet wins. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. 615). 100 / (250 + 100) X 100 = 28. Enter the original value. Our easy to use odds conversion table makes odds converter simple. For example: Why you have to win 52. 15 decimal odds, 23/20 fractional odds, 1. MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including. If the odds were -750, the bettor would have to wager $750 in order to profit $100 (and therefore receive back $850 in total). 00 – 1) = 5 => 5/1). American Odds (+150) Decimal Odds (2. Enter American odds in the Team 1 and Team 2 fields to see the resulting vig (hold) percentage. In our Bills-Dolphins example, you'd plug 2. 714 in decimal odds (-140 in American). Select a bet type in the right column. To convert American (moneyline) odds to Decimal odds, a different calculation is used depending if the American odds is a negative number or a positive number. Learn how to convert betting odds using our odds conversion formulas. So the calculation for decimal odds of 1. ), use. Imagine that there’s a big NBA game between the LA Lakers and the New York Knicks. 03 payout. 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. 2 minus 1 multiplied by 100 equals 220). american odds of 110 would win £110 on a £100 bet. , -200 is $200 to win $100), whereas decimal odds represent the amount you win for every $1 wagered. 38% of the time to break even on standard -110 bets. 90909. 00 or higher: (Decimal odds – 1) * 100. To Fractional. Explanation for our Football Odds Converter. 50. Select a bet amount in the left column. 4. The formula to calculate this probability is relatively straightforward. Step-by-Step Conversion from American Odds to Decimal. 4%) and vice-versa. Fractional betting odds are easy to calculate. Zcode System’s odds converter allows you to convert odds from American to decimal to fractional with ease. . Examples: Odds of +120 conversion (120/100) + 1 = 2. 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 Type. With the Odds converter, you can easily change the view of a particular odds from Decimal to Fractional, American, Hong Kong, Indonesian, and Malay. 1st Step. Their opponent is also listed at -104 odds, so both teams have the same moneyline odds. 5 x -100 = -200. Fractional Odds. Live betting odds and lines, betting trends, against the. Enter the Decimal odds, American odds or Fractional odds. Add more odds if needed. Get the final bet amounts. Convert Decimal (European), Fractional (UK) and Moneyline (American) oddsConvert the American odds to decimal odds. 00. 001234 to 0. 2nd Step. The Excel Parlay Calculator is a very simple sports betting tool. This is when a sportsbook gets the odds wrong. Example for -150 American odds: (100 / -150) - 1 = 1. It is 1 divided by the decimal odds *100. 33. A spread bet in football is normally offered at -110 on both sides of the bet. 100 / (positive American odds + 100) X 100 = implied probability. American, decimal, fractional odds, and implied probability can be calculated. NFL Odds Calculator: See the projected payouts of your NFL bets. You win $700 profit per $100 staked. And that’s not all, since it can also be used to compare. 3333. 5 the total returned is $35 ($10 * 3. If Over/Betting, then select over or under. 5 / 1 = 7 / 2 (after simplification) Converting Negative American Odds:. 5/1 or 7/2. 2. For the second method, you’ll divide the American odds by 100 and deduct 1 from the answer. 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. It’s helpful as most bookmakers will offer their. Use our odds calculator to easily convert American (a. So if you're parlaying three point spreads at -110 — -110 converted to decimal odds is 1. That’s because the odds offered are less than the 50% chance of success deserves. 10. The implied probability calculator helps bettors compare the implied probability of a betting market against the actual “fair” probability of that market. Indonesian Odds Explained This odds format (also known as Indo Odds) functions the same as American odds format except now the odds are based on $1,00 stakes and therefore use a decimal. The Lakers had money line odds of -150 to win, while the Knicks odds were +250. 20. Simply enter your bet amount and the odds and our parlay calculator will show you your expected profit (“To Win”) and. Multiply the decimal odds together to get your multiplier. They will allow you to convert American odds to decimal odds simply and easily. For example, when you use an odds converter to convert decimal 1. 0 would return 11. The +140 American odds convert to 2. 30 decimal, and 13/10 fractional. Implied win probability = 76. If you need to convert fractional odds to decimal, you can use our handy odds converter. 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. If you wanted to place a $10 bet on the San Francisco 49ers at -330, you could enter -330 in the odds calculator above. The Stars are 1. American odds = ( (numerator / denominator) + 1) x 100 if the fractional odds are below 2. As a reminder, in cases where the decimal odds are. 40 (decimal odds), but you can use a betting odds calculator to turn it into American odds. It takes the bottom line – how much money you’ll receive from bets. This percentage factors in the bookmaker. When you subtract out your bet ($10), you are left with $13 in total winnings. Why use an Odds ConverterOdds Calculator. Check the final result. 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/. Convert Odds to Probability. So 4. Just like how you’d have to wager $220 to win $100 on a -220 favorite, you’d wager $22 to win $10.