For Malay odds between -1 and 0: decimal = (-1 / Malay) + 1. This odds calculator and converter will convert lines offered by your sportsbook and sports betting sites to the major betting formats: American, Decimal, Fractional, Hong Kong and Indonesian Odds and Implied Probability. When positive, American odds express the number of units that can be won from a 100 units wager. american odds of -90 would win £100 on a £90 bet. Odds. This calculator will convert "odds for winning" an event or "odds against winning" an event into percentage chances of both winning and losing. Odds can be displayed in many different ways, including as fractions, decimals and if you're in the USA, with a positive or negative sign. How do you convert decimal odds to fractional? Visit signupbonuses.co.uk for new customer offers and promotions. For decimal odds above 2.00: Indonesian = decimal – 1, For Indonesian odds >= 1: decimal = Indonesian + 1 How to use the Odds Converter? Dutching Calculator - Odds changed since you placed your last bet? When positive, Malay odds express the net return from a winning 1 unit bet. Odds correlate to probability e.g a 3/1 bet is expected to win one in every 4 attempts, hence the probability is 25%. Odds Calculator. The most common form of odds are going to be decimal odds in the UK and here is how to convert decimal odds to probability.These are clear odds to read and for example the 6/5 odds on Liverpool from the example above means that for every 5 units you put on, you will receive 6 back as a profit. Learn more about implied probability. The key constant with betting odds is implied probability, the odds may look different but the probability of the outcome winning is the same. 2/3) Odds as a ratio (e.g. How to convert decimal odds to fractional? If, on the other hand, instead of knowing the probability you know the odds, you can use this odds to probability calculator. Betting Calculator - Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. You can convert between Decimal, Fractional, and American odds using BettingPremier’s simple odds converter calculator. How do you convert fractional odds to decimal? Dog Odds: -110 7. When negative, Malay odds represent the number of units needed to be wagered in order to win 1 unit. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. Odds Conversion Calculator. To use the calculator, simply input the odds in the format of your choosing and press “Convert”. For decimal odds between 1.00 and 2.00: Indonesian = -1 / (decimal – 1) Staking Plans that Adjust for Bookmaker Odds and Bet Ratings, Bookmaker Ownership Structure in Australia, Historical A-League Results and Odds Data, Historical Super Rugby Results and Odds Data, Historical Twenty20 Big Bash Results and Odds Data, Betting Tracker OpenOffice Calc Spreadsheet, Staking Plan Calculator and Betting Tracker Excel Spreadsheet, Betting Exchange Arbitrage & Hedging Calculator, Premier League Gameweek 13 Betting Tips (Midweek Fixtures), Saturday Racing Tips – December 12 – Eagle Farm & Randwick, 2020. Probability-Odds Conversion Calculator. Keep in mind that when rounding values on odds converter you might see some discrepancies. You are here: Home >> Tools >> Online Calculators >> Odds Conversion Calculator. Bet Calculator and Odds Calculator - Determine your potential winnings on accumulators using our Bet Calculator, Odds Calculator, Calculate Accumulators, Lucky 15, Each Way, Doubles, Trebles and more. To make use of the online odds probability calculator, an individual will be required to enter the numbers before selecting the ‘odds are’ option from the drop down list. Odds Converter & Probability Calculator Never tell me the odds Show Hide Help . 3/2). Betting Odds Converter. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. How to use an odds probability calculator? Hong Kong odds express the net return from a winning 1 unit bet. Our accumulator calculator quickly calculates the total odds for your accumulator. Add 1 to the fractional representation e.g. When positive, Indonesian odds express the net return from a winning 1 unit bet. Implied probability is the probability of an outcome occurring as implied by the bookmaker odds. Select the qualifying bet or free bet button and then enter your bet amount and odds. Dutching Calculator - Odds Conversion Calculator. Winning Starts Here! Our team is working hard on developing a multi-purposes betting calculator. Based on your IP address it appears you are in New South Wales so we unfortunately cannot display any betting promotions. There has to be a minimum of two legs in your bet to be classified as an accumulator. Note that +100 and -100 are both equivalent to decimal odds of 2.00. Converting Decimal Odds . For example, when you use an odds converter to convert decimal 1.33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303.03. Betting Odds Conversion Table. See what your total payout and winnings will be. To maximise your outcome try to bet on events which have the closest odds at the bookie and exchange, for example betting Arsenal to win a match at 2.15 and laying the same outcome at 2.16 would guarantee only a very small overall loss. Malay odds fall between -1 and 1, but cannot equal zero. The Covers Odds Converter allows you to convert Moneyline Odds, Fractional Odds, Decimal Odds as well as predict the likelihood off a win and potential profit. A winning $10 bet at 0.50 Hong Kong odds would return $15.00 for a $5.00 profit (50% return). We provide no guarantee as to the accuracy of the information found on this site. Example: 3.40 – … For decimal odds above 2.00: American = (decimal – 1) * 100 (often expressed with a + in front, e.g. Other useful calculators . In the majority of circumstances, neither is preferable to the other. US$ 0.00. Convert From: Spread 3. It will include an interactive odds converter among other useful features. You can use the odds calculator a few different ways: 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. Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. 1.50), Fractional to Decimal: Fractional = decimal – 1 (expressed as a fraction, e.g. How do you convert odds to probability percentages? As with all measures of probability, the implied probability always falls in the range 0 <= implied probability <= 1. Fave Odds: -110 6. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. For example, when you use an odds converter to convert decimal 1.33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303.03. Odds, are given as (chances for success) : (chances against success) or vice versa. How do you convert decimal odds to american? You can also convert to and from Implied Probability. This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. Decimal odds will be converted to the nearest standard American or Fractional equivalent. Decimal; American ; Fractional; RESET. RESET. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing.The team would win 5 out of 6 games and lose 1 of them. Convert decimal, fractional and moneyline odds to implied probabilities. How do you convert american odds to decimal? The expression that is used to compute the probability of an event, \(p\), given the odds is shown below: \[ p = \displaystyle \frac{Odds}{1 + Odds}\] The conversion from odds to probability is usually referred also as a odds to risk conversion. Note that both 1 and -1 are equivalent to decimal odds of 2.00. The associated implied probability is also calculated. To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). There are two steps to convert decimal odds into a fraction. Bet Amount. How do you convert american odds to fractional? Odds Calculator This odds calculator and converter will convert lines offered by your sportsbook and sports betting sites to the major betting formats: American, Decimal, Fractional, Hong Kong and Indonesian Odds and Implied Probability. If you experience any difficulties try refreshing the page. Note that both 1 and -1 are equivalent to decimal odds of 2.00. Decimal to Hong Kong: Decimal = Hong Kong + 1, Hong Kong to Decimal: Hong Kong = Decimal – 1. Betting Calculator Parlay Calculator Bet Slip. 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; Enter the amount you want to bet, i.e. Enter the Decimal, American or Fractional odds you wish to convert and our Odds Converter will do the work for you. The associated implied probability is also calculated. Decimal to Implied Probability: Decimal = 1 / implied probability, Implied Probability to Decimal: Implied Probability = 1 / decimal. Odds Converter. Therefore, an odds converter allows you to quickly convert US Odds (such as +100) to UK odds (such as 1:1) to Australian Odds (such as $2.00). Our odds converter allows you to convert between decimal, fractional and moneyline odds. \[ Odds = \displaystyle \frac{p}{1 - p}\] The conversion from probability to odds is usually referred also as a risk to odds conversion. If, on the other hand, instead of knowing the probability you know … Convert between US odds (moneyline odds), decimal odds, fractional odds, Hong Kong odds, Indonesian odds, Malay odds, and implied probability. Input your stake and odds in the betting calculator to quickly calculate the total payout for your bets. Supports all major formats including decimal, fraction and american. The fractional representation of 2 is 2/1. Fill out one of the values, the other two will populate. How to Use the Sports Betting Odds Calculator and Converter. Subtract 1 from the decimal representation e.g. Bet Type. For example, if you wish to convert odds of 3.0: 3 – 1 = 2. Fractional Odds. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. A winning $10 bet at 1/2 fractional odds would return $15.00 for a $5.00 profit (50% return). Few bettors use fractional odds for betting sports (other than horse racing), because the conversions to understand return are difficult. Decimal odds represent the total return from a winning 1 unit bet. Future Odds Converter. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. This approach is most often using by punters comfortable with exchange betting as odds fluctuate more frequently. Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. Calculator Use Convert stated odds to a decimal value of probability and a percentage value of winning and losing. Fill out one of the values, the other two will populate. To make use of the online odds probability calculator, an individual will be required to enter the numbers before selecting the ‘odds are’ option from the drop down … When negative, the American odds indicate the number of units that would need to be successfully wagered to win 100 units. Negative figures: The odds state how much must be bet to win £100 profit e.g. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. Dutching calculator. Expected Winnings $ 0.00; Expected Payout $ 0.00; Create Wager. Decimal: Fractional: Moneyline: Implied probability. Any chance can be numerically described as either odds or probabilities. 4:3) Results. You can also convert odds to implied probability percentages, decimal, fractional or american by … When negative, Indonesian odds represent the number of units needed to be wagered in order to win 1 unit. There are 3 methods of stating odds that most bookmakers and websites support. How do you convert probability percentages to odds? It will then display the equivalent odds in all the different formats. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. How to use an odds convertor calculator. That way, you’ll know the exact amount you would win prior to placing any picks at your favorite sportsbook. A winning $10 bet at 1.50 decimal odds would return $15.00 for a $5.00 profit (50% return). The maximum number of legs in an accumulator is dependent on the sportsbook you are placing the bet with. Do you understand how we calculated this percentage? american odds of 110 would win £110 on a £100 bet. 0.75) Probability as a fraction (e.g. Odds converter & Odds calculator; Odds Calculator | Soccer Predictions. You can enter the odds of each leg and the calculator will then tell you how much the overall multi is worth; the total value of the odds. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e.g. Probability Formulas: This calculator will convert "odds of winning" for an event into a probability percentage chance of success. For decimal odds between 1.00 and 2.00: American = -100 / (decimal – 1) Just enter a value in any one of the fields and the value will be automatically converted to other formats. Betting Calculator Before making any bet, it helps to know what you're risking for the expected payout. To Win $ - Payout. The odds in the bet multiply for every additional leg you add to the accumulator. Decimal odds will be converted to the nearest standard American or Fractional equivalent. The team would win 5 out of 6 games and lose 1 of them. Supports all major formats including decimal, fraction and american. Decimal Odds. a fractional value of 3/1 = (3/1) + 1 = 4. Positive figures: The odds state the winnings on a £100 bet e.g. Convert Fractional odds to probability. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. Supports EW, Dead Heats, Rule 4. Odds Type: -110 4. American Odds. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. The conversion from probability to odds is usually referred also as a risk to odds conversion. Spread: 6.0 5. An odds convertor is a simple an easy tool to use, however they are really effective. Enter the odds you wish to convert into any of the boxes in the betting odds calculator and click on “Convert”. 3.00 in decimal odds equals +200 in American odds), For American odds >= +100: decimal = (American / 100) + 1 Enter your odds and stake to calculate bet returns for all types of sport wager. Bet Amount. Probability vs. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83.33%, and of losing 1/6 = 16.67%. Odds changed since you placed your last bet? So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. Simply subtract 1 from the decimal representation, and then use the fractional representation of the resulting value. An accumulator requires all legs to win to be successful. You are here: Home / Matched Betting Calculators / Odds Converter Use this calculator to convert between decimal, fractional, moneyline odds and to see the actual probability of the outcome occurring expressed as a percentage. Fractional odds express the net return (in fractional form) from a winning 1 unit bet. On the other hand, the above formula is used in order to calculate probability from the odds. Betting odds converter. Note that both 1 and -1 are equivalent to decimal odds of 2.00. NSW Regulation prohibits the publishing of any betting promotions in New South Wales. So, the odds can be any positive number, it does not have to be a number between 0 and 1. Source: Aceodds. How does the accumulator calculator work? your stake; That’s it! For decimal odds above 2.00: Malay = -1 / (decimal – 1), For Malay odds between 0 and 1: decimal = Malay + 1 Sportsbooks use 3 methods for stating odds: Fractional, Decimal, and American . Betting Calculator. Indonesian odds equal American odds divided by 100. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83.33%, and of losing 1/6 = 16.67%.. Do you understand how we calculated this percentage? Hover over the information buttons to see tips and help for each section of the AceOdds Bet Calculator and visit the AceOdds Betting Glossary for more detailed help with terms and bet types. How to calculate odds. Betting Odds Converter The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. This most likely means "500 to 1 Odds are against winning" which is exactly the same as "1 to 500 Odds are for winning." Probability as a decimal (e.g. How do you convert fractional odds to american? To use the calculator, simply input the odds in the format of your choosing and press “Convert”. In simple terms, odds are a way of expressing the relationship between the number of favorable outcomes in a given situation versus the number of unfavorable outcomes. It is typically expressed as a percentage. For decimal odds between 1.00 and 2.00: Malay = decimal – 1 It is your responsibility to verify and examine all aspects of your online sports bet with the bookmaker before placing it. ODDS CONVERTER calculator. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. Simply enter the type of odds you have fractional, decimal, American, or probability from any bookmaker and this will calculate the odds in each other format. For Indonesian odds <= -1: decimal = (-1 / Indonesian) + 1. The mathematical concept of odds is related to, yet distinct from the concept of probabilities. Implied Odds. The converter and calculator is a valuable tool if you’re using a sportsbook that primarily utilizes odds in a format that you are not familiar with using. For American odds <= -100: decimal = (-100 / American) + 1. It indicates how much you will win based on the odds and total wagered. How to Calculate the Odds? This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. Smarkets’s odds converter converts decimal odds, American odds, fractional odds and percentage odds into your preferred odds format, so you can quickly identify … Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. 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