Below, you’ll find a couple of examples for converting American odds into decimals. Sorted by: 6. A spread bet in football is normally offered at -110 on both sides of the bet. 4 +1 = 2. We have made the conversion of odds on this calculator as easy as possible. Imagine that you believe that the Oakland Raiders have a probability of 60% to win an NFL game but you want to know those odds in American format, you will convert it as follows: Because the probability is bigger than 50%, you will need to convert it to Minus American odds. 03. They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. To calculate what you actually won, subtract your initial bet from the total payout. g. 4 = $40 net profit. Converting American Odds of 250. 286 or -350 in American notation. If both favorites are priced at -200 (1. The Odds Calculator is a tremendous way to calculate your potential winnings when it comes to placing multiple bets including accumulators. The Excel Parlay Calculator is a very simple sports betting tool. 25) odds and your total stake, and immediately calculates your potential winnings & payout for the bet. 148. Original Odds. The higher the number, the higher the probability of you losing the bet. How to convert American odds to implied probability. Select the Asian Handicap of your chosen team or the total goals over/under. If the American odds are positive (underdogs), convert using this formula: (American odds / 100) +1. American Probability The value automatically updates once there is an input. 615). Decimal odds = (100/American odds) + 1. If the odds are +200, you divide 200 by (200+100) and get 0. 40 for Indonesian/Hong Kong odds, and -0. 3 = 4. Fractional. 75 the American Odds are -175, so when they are +1. Enter the odds & stake and our betting arbitrage calculator will do the rest. 5), but the potential profit is $25 ($10 * 3. 76. Calculate the implied probability given odds and determine the payout and potential winnings from a bet. Odds conversion. A tool like our moneyline calculator can be crucial to a. American It is important to pay. 97%). 0. Let’s now look at Plus American odds. To convert American odds (including -110) to other odds formats and to calculate your payout, use our handy and free odds calculator and converter. Negative odds are worked out in a similar way but it will often require a calculator to get the answer exactly. 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. 00. 50. Call 1-800-GAMBLER. Implied Probability is a percentage that is derived by converting the given betting odds that represent the likelihood of that outcome occurring. Enter the odds & stake and our bet value calculator will do the rest. 91) and -188 (1. FAQs. 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 lines are displayed in American, Fractional or Decimal Odds. So for Lions +500, the formula is (500/100) + 1, which equals 6. If you need to convert a +210 to a fraction format, it would be 210/100= 21/10. 30 x $50 = $165. How to Convert American Odds to Fractional Odds. In this case, you have it correct: 1 0. Quick navigation: American Probability The value automatically updates once there is an input. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. For the above odds, the implied probability of a Cardinals win is: 120/ (120 + 100)*100 → 120/220 * 100 = 54. 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. For example: Why you have to win 52. I came here looking for a function to use in my Excel worksheet to convert American odds to decimal. Convert the American odds to decimal odds using our odds converter. Negative figures: The odds state how much must be bet to win £100 profit e. 00 you place on a particular outcome, you will receive a profit of 0. Josh Nagel 37-17-3 (69%) L57. 00: American = -100 / (decimal – 1) For decimal odds above 2. This No-Vig Odds Calculator lets you find the vig-free odds and no-vig probabilities when you enter the odds of both sides of a bet. 00, you minus 1 from the decimal and then times the answer by -100. This article explains in detail how to convert the three most popular odds formats in the world - decimal, fractional and American - into their implied probabilities and how to. In this way, American odds indicate both the probability and the potential. This means that for each unit bet, you would win 2. What are American odds? Also known as US odds or moneyline odds, American odds are the default betting odds used by American sportsbooks. In this case, you’ll receive $16. Moneyline odds are worked out to a bet of $100. To convert odds of less than 2. 97 is +597, meaning this parlay pays nearly 6-1. The vig percentage represents how much “vig” or “vigorish” the sportsbook is charging you. Moneyline odds are favoured by United States bookmakers and as such, are sometimes called American Odds. 00. Simply follow these steps: Step 1: Input your odds. Calculating Sports Betting Payouts of Indonesian Odds Bets. A double bet pays about 2. 5. How to Convert Odds From Decimal to American? For Decimal Odds Greater Than 2. Bet on four numbers. You win $700 profit per $100 staked. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. Enter the odds. 20). MLB Parlay Calculator: See projected odds and payouts of your MLB parlays including moneyline, run line, totals, and more. You can convert between Decimal, Fractional, and American odds using BettingPremier’s simple odds converter calculator. This table can be used to convert one type of odds format into another. , +120 is $100 to win $120) or the amount you must wager to win $100 (e. And at first they appear a little confusing. g. 00: Subtract 1 from the decimal odds. 5 minus the $10 stake). US odds = (5. For example, American odds of -110 are equivalent to 10/11 and 1. Set a bet amount. So it’ll show that the Browns had odds of +125 to win, while the Saints had odds of -200 to win. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. 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. 00, you minus 1 from the decimal and then times the answer by -100. The information and tools in this website are given AS IS WITHOUT ANY WARRANTY OF ANY KIND. Learn more about the differences between American, Decimal, and Fractional odds and how they work with your wager. 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. 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. Odds Converter. You can use Covers' moneyline odds calculator to convert between American, decimal, and fractional odds,. Here is a guide to what each part of the calculator means: American. 1 – (100/Odds) = decimal odds. For example, to convert odds of 1. Quickly convert to and from: fractions, decimals, American, European, money line & probability percentages. 0 in decimal odds. For example, 2. Use our odds calculator to easily convert American (a. An odds payout calculator will show you your profit based on which odds format you use. 3%. 33 = 1/3 = -300 2. 7143 Malay Odds. 1. For every $1 wagered, the bettor profits 71. You can use this tool as an odds on calculator. If you prefer. Learn how to convert betting odds using our odds conversion formulas. g. The No-Vig Fair Odds Calculator can be used to analyze any 2-way betting markets (moneylines, point spreads, totals, etc. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. Quick, do the math of the return on a $10 bet with 20-23 odds. Here’s an example, using odds of 5. The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. 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. g. However, you checked the sportsbook and found that it had -340 odds for a Celtics win and +260 for a Clippers win. Sticking with the NFL odds examples used above, you would find odds of 9. The formula to convert American Odds into Decimal Odds is as follows : Step 1: Determine if odds are positive or negative. 4, you do the following: The last step is to calculate the implied probability using the American odds to implied probability formula. The #1 American Odds Calculator & Converter online. -100 divided by 1. For converting moneyline to decimal, when the moneyline price is positive divide it by 100 and add 1. e 60%) So the bookmakers are suggesting the Knicks are a 60% chance of winning the game. 11: 90%: 1/8-833: 1. 00 in decimal odds equals +200 in American odds) How to convert Hong Kong Odds to decimal odds. 00, you minus 1 from the decimal and then times the answer by -100. 15 (10 x 0. Your estimated probability of the event you are backing is crucial for Kelly criterion to work. Decimal odds: Los Angeles Lakers 2. Example: Converting Fractional Odds to Decimal and American. Decimal to Moneyline/American. Step-by-Step Conversion from American Odds to Decimal. 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. To convert something to be "1 in N", you simply take the reciprocal. Thus. 2500 in. If the decimal odd is less than 2, apply this formula: A = 100 / (1 - D) where D is. 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. 3. 00. 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. For odds over 1/1, you then multiply the fraction by 100. 50 x 100 = + 150. In this case, you'll find that 12/1 translates to +1200 in American odds, a format widely employed in the US sports betting scene. 5 x -100 = -200. The FreeBet calculator is one of the best calculators you will find online. The. American odds = (-100) / ( (denominator / numerator) – 1) if the. There are two calculations for this conversion too. 1234 to 88. 0 and the fractional odds 3/1. $10 x (120/100) =. 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. 30. So a +100 underdog has a better chance to win than a +300 underdog. Secondly, you can use any bet type you can imagine. Bet Amount. 00. 20. 85), fractional odds (57/20), and implied probability (25. Decimal to American. For the sake of explanation, let's look at converting negative American odds: odds / (odds + 100) * 100 = implied probability. 65 should that outcome prevail. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. That equals 22. Click this extension to convert all American odds on a webpage to implied probability. 632 -> True probability: 0. We already know that -110 American odds convert to a 10/11 in fractional. Implied Probability is a percentage that is derived by converting the given betting odds that represent the likelihood of that outcome occurring. Convert the American odds to decimal odds using our odds converter. Minus odds represent favourites and will tell you how much money you need to risk to win $100. 615). Much easier to know who the favorites are, who the underdogs are, and how much you’ll. Assuming A1 is the American Odds, In B1, input: =IF(A1="","",IF(A1>0,(A1/100). You can select between inputting American Odds or Decimal Odds, and the calculator will automatically generate the vig-free odds in the same format. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. 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. e 60%) So the bookmakers are suggesting the Knicks are a 60% chance of winning the game. To convert minus (-) American odds, divide 100 by the odds and convert them to a fraction. Converting American odds into fractional odds is simpler. 71 = 7/10 = 3/5. For example, you could enter American odds such as +140 into the calculator, and this will automatically convert to 2. 00 or higher: (Decimal odds – 1) * 100. 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. All U. This strategy requires quick decision-making and effective execution to lock in. 5/1 or 7/2. Use our Arbitrage Calculator to work out how to guarantee profit in a two-way or three-way market. 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. To convert American odds to implied probability for favorites, you have to divide the absolute value of the odds (just the odds except positive) by the sum of the absolute value of the odds and 100. 3%. -100 divided by 1. Decimal: Fraction : American (Moneyline)First, using a betting odds converter, convert American odds into decimal odds. (+400/100) + 1 = 5. To convert positive American odds to decimal odds, just divide the moneyline odd by 100, and then add 1. The Oilers have odds of 2. American odds are usually in 100s for example 300 is the same as the decimal odds 4. The data will be updated in the Football. Where the American odds have a positive value, simply divide them by 100 and then add 1. American odds are a little trickier, as they operate using positive and negative odds. For example, if the odds are +200, the calculation would be: Decimal odds = (200 / 100) + 1 = 2. Fractional odds: Los Angeles Lakers 3/2, Boston Celtics 1/2. Formula: Decimal Odds = (100 / Absolute Value of American Odds) + 1. 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. 2 - 1) = -500. 17: 85%: 1/5-500: 1. 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 Implied Probability of winning. 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. This is a popular way to express odds in the US. American Betting Odds Calculator. A sports betting arbitrage calculator, or hedge bet calculator, shows you how to hedge a bet for a profit and lock in a risk free return. To convert from American odds to decimals, all you need to do is divide the American value (e. Decimal Odds, 1. These moneyline odds are generally used for an event with two outcomes. To Convert Positive American Odds to Fractional Odds, divide the American odds by 100, turn the decimal into a fraction, and find the. 50 – 1 = 0. Where the American odds have a negative value, divide 100 by the odds and then add 1. 7% chance to win this game. Decimal. Live betting odds and lines, betting trends, against the. An odds calculator is easy to use. Subtract your original stake to get the parlay odds. An odds converter calculator is a tool that allows bettors to convert between different odds formats and implied probabilities. American It is important to pay attention to. However for many sports and markets such as American Football, Boxing etc. Imagine that there’s a big NBA game between the LA Lakers and the New York Knicks. 20: 2. Converting American Odds To. This means you would need to wager $184 to win $100 if you bet on that team to win. China is listed as the underdog at Indonesian odds of 2. 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. American odds, also known as moneyline or US odds, are expressed with either a positive or negative number. You can convert decimal odds to American odds or fractional odds using our free bet calculator. Lastly, using the American methodology, Australia's odds to win the 2015 ICC Cricket World Cup is -250. Dutching Calculator- Odds changed since you placed your last bet? Use this calculator to determine the stakes necessary to guarantee a fixed. The expected value of a $100 bet on Rams +110 is equal to $5, as seen in the calculator. Use the Bookmakers. 5 – 1) * 100. Example for -150 American odds: (100 / -150) - 1 = 1. 22 percent. 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. 4. The formulas to convert American odds to implied probabilities will be slightly different if you're converting a negative moneyline (favorite) or positive moneyline (underdog). 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. The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. If the Houston Astros are listed at odds of 6/1 to repeat as World Series champions, that would convert to +600 in American odds. For example, if you bet $10 at an odds of 3. Step 2: Input the amount of money you want to stake. A positive value of +500 says you’ll win $500 for every $100 staked. Step 3. g. Meaning you would need to wager $200 and $1500, respectively, to win $100. How to Convert American Odds to Decimal Odds: Decimal odds are another popular way odds are listed, especially overseas. Fractional American Decimal Implied Odds; 1/10-1000: 1. ). Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. 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. Implied odds or betting odds are likely not the same as the true odds. William Hill can calculate the payouts for different types of bets. , 400/100 is the same as 4. Use this bet calculator to easily calculate and convert between american odds (moneyline odds), decimal odds, fractional odds, and implied odds. An odds converter is a tool that automatically converts one odds format to another. Above we have posted the American odds for Euro 2020. 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. Negative American odds: 1 – (100/ – American odds) = decimal odds. Let’s first show how to convert standard American odds to fractional odds: Positive odds ÷ 100 = Fractional odds; Let’s convert +200 to fractional odds. Of course, being a mediocre Excel nerd, I want to automate as much as possible, but now. Potential Profit = $12. Learn how to calculate the implied odds and true odds of a bet using the betting odds calculator. Positive odds indicate the probability of winning more than you bet if your bet wins. In this case, 3 ÷ 2 + 1 = 2. Note that the payout displayed includes your original bet. For negative odds, it’s a bit more tricky. US odds = (-100)/ (1. E. 50 is: 1. To convert a Decimal odd of less than 2. A $300 bet at 1/3 odds would win $100, for a total payout of $400. 50 – 1 = 0. 22-450 81. So whether you want to convert decimal to American odds or change all of your odds to fractional, our odds converter betting tool will do all the hard work for you. Next enter 18. Hold (Rake) Expected Value. (5 – 1) x 100 = 400. 00. 2. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. 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). For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. To. 12: 89%: 1/7-714: 1. NBA Odds Calculator: See the projected payouts of your NBA bets. 30 decimal, and 13/10 fractional. Here you need to choose the proposed bet amount from 1 to 100 units. Most bookies will manually set their odds to Fractional,. Decimal Odds. Start by convert the American odds for each selection into decimal odds using our betting odds converter. For example, if the odds are -150, the decimal odds would be 1. Odds Jam charges a monthly fee of $200+ depending on which package you select. See moreUse this tool to insert your odds and automatically convert them to American, Decimal, and Fractional odds. Indonesian odds can be likened to American odds. 00 = 3. If the odds are negative, apply this formula: odds/ (odds + 100). The formula to calculate this probability is relatively straightforward. This means a $100 bet would potentially win you $200 in. 39 (+339). American. Fractional odds are represented as fractions, for example 2/1 or 6/4. How to convert Decimal odds to American odds. Unlike pre-match arbitrage, which relies on discrepancies in odds before a game, live arbitrage focuses on exploiting the fluctuations that occur during gameplay. 0 decimal odds. 714 in decimal odds (-140 in American). American odds of 400 converted to decimal odds is (400 / 100). Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. A Trixie betting calculator is a tool that helps bettors determine the potential returns and profits of their Trixie bets. g. For example, a net payout of 4/1 would be quoted as +400. Convert Odds to Probability. Here’s an example, using odds of 5. 00. Moneyline bets are as straightforward as it gets in sports betting. A +400 American Odds bet would mean you win $400 for a $100 bet, meaning a total return of $500, meaning the bet odds is 4/1. Get free picks & predictions. 59% to see this is -594. If we take our $110 wager and multiply it by 10/11, we get $100. For example, if your win probability is 62%, then your equivalent decimal odds are 1/0. American. Enter the odds. American Odds = (Decimal Odds – 1) * 100. How to convert odds? Quickly and easily convert odds to fractional, decimal and American. 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. For American odds of +150, you’ll need to divide 150 by 100 and add 1 to the result. Team B: 330 / 100 = 3. g. However, it’s also arguably our most important. 50. The Stars are 1. This. However, you’ll always need to convert the fraction into a decimal, dividing the numerator by the denominator. For example, if the Dallas Cowboys are +300 in American odds, which is equivalent to 4. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. 5 in decimal odds. pro and college sports including the NFL, NCAA, NBA, MLB, NHL to Golf, Tennis & NASCAR Events. The equation to convert negative American odds is: Negative American odds / (Negative American odds + 100) * 100 = implied probability. If you bet $100 on the Giants and they win, you win $150.