Odds Converter & Probability Calculator Never tell me the odds Show Hide Help . Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. The key constant with betting odds is implied probability, the odds may look different but the probability of the outcome winning is the same. If, on the other hand, instead of knowing the probability you know the odds, you can use this odds to probability calculator. The odds in the bet multiply for every additional leg you add to the accumulator. The associated implied probability is also calculated. How do you convert fractional odds to decimal? Learn more about implied probability. Sportsbooks use 3 methods for stating odds: Fractional, Decimal, and American . For decimal odds above 2.00: Indonesian = decimal – 1, For Indonesian odds >= 1: decimal = Indonesian + 1 Any chance can be numerically described as either odds or probabilities. Odds, are given as (chances for success) : (chances against success) or vice versa. ODDS CONVERTER calculator. Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. Odds converter & Odds calculator; Odds Calculator | Soccer Predictions. 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. 0.75) Probability as a fraction (e.g. How do you convert odds to probability percentages? Dutching Calculator - Odds changed since you placed your last bet? So, the odds can be any positive number, it does not have to be a number between 0 and 1. 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. When positive, American odds express the number of units that can be won from a 100 units wager. Supports EW, Dead Heats, Rule 4. Bet Type. 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. Dog Odds: -110 7. Odds Type: -110 4. \[ Odds = \displaystyle \frac{p}{1 - p}\] The conversion from probability to odds is usually referred also as a risk to odds conversion. Convert between US odds (moneyline odds), decimal odds, fractional odds, Hong Kong odds, Indonesian odds, Malay odds, and implied probability. 3.00 in decimal odds equals +200 in American odds), For American odds >= +100: decimal = (American / 100) + 1 For decimal odds above 2.00: Malay = -1 / (decimal – 1), For Malay odds between 0 and 1: decimal = Malay + 1 Our odds converter allows you to convert between decimal, fractional and moneyline odds. Fave Odds: -110 6. There has to be a minimum of two legs in your bet to be classified as an accumulator. 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. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. Smarkets’s odds converter converts decimal odds, American odds, fractional odds and percentage odds into your preferred odds format, so you can quickly identify … This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. American Odds. Indonesian odds equal American odds divided by 100. The mathematical concept of odds is related to, yet distinct from the concept of probabilities. Decimal to Implied Probability: Decimal = 1 / implied probability, Implied Probability to Decimal: Implied Probability = 1 / decimal. Input your stake and odds in the betting calculator to quickly calculate the total payout for your bets. 1.50), Fractional to Decimal: Fractional = decimal – 1 (expressed as a fraction, e.g. Based on your IP address it appears you are in New South Wales so we unfortunately cannot display any betting promotions. 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%. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. Example: 3.40 – … Calculator Use Convert stated odds to a decimal value of probability and a percentage value of winning and losing. Decimal: Fractional: Moneyline: Implied probability. To use the calculator, simply input the odds in the format of your choosing and press “Convert”. Dutching Calculator - Probability-Odds Conversion Calculator. You are here: Home >> Tools >> Online Calculators >> Odds Conversion Calculator. It is your responsibility to verify and examine all aspects of your online sports bet with the bookmaker before placing it. How to use an odds probability calculator? Decimal odds will be converted to the nearest standard American or Fractional equivalent. american odds of -90 would win £100 on a £90 bet. The associated implied probability is also calculated. 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 Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. How do you convert decimal odds to american? Odds correlate to probability e.g a 3/1 bet is expected to win one in every 4 attempts, hence the probability is 25%. For American odds <= -100: decimal = (-100 / American) + 1. Note that both 1 and -1 are equivalent to decimal odds of 2.00. It will include an interactive odds converter among other useful features. Negative figures: The odds state how much must be bet to win £100 profit e.g. 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. When positive, Malay odds express the net return from a winning 1 unit bet. NSW Regulation prohibits the publishing of any betting promotions in New South Wales. 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. Betting odds converter. Fill out one of the values, the other two will populate. Just click one of the buttons and input either a probability for converting into odds or odds for converting into probability. That way, you’ll know the exact amount you would win prior to placing any picks at your favorite sportsbook. When positive, Indonesian odds express the net return from a winning 1 unit bet. Expected Winnings $ 0.00; Expected Payout $ 0.00; Create Wager. Simply subtract 1 from the decimal representation, and then use the fractional representation of the resulting value. Before making any bet, it helps to know what you're risking for the expected payout. Winning Starts Here! When negative, Malay odds represent the number of units needed to be wagered in order to win 1 unit. Implied probability is the probability of an outcome occurring as implied by the bookmaker odds. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. Subtract 1 from the decimal representation e.g. 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. You can also convert to and from Implied Probability. Decimal; American ; Fractional; RESET. Decimal Odds. Enter the Decimal, American or Fractional odds you wish to convert and our Odds Converter will do the work for you. This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. a fractional value of 3/1 = (3/1) + 1 = 4. Just enter a value in any one of the fields and the value will be automatically converted to other formats. The fractional representation of 2 is 2/1. Other useful calculators . 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. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e.g. You can convert between Decimal, Fractional, and American odds using BettingPremier’s simple odds converter calculator. 4:3) Results. See what your total payout and winnings will be. 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. Fractional Odds. A winning $10 bet at 1.50 decimal odds would return $15.00 for a $5.00 profit (50% return). Probability Formulas: This calculator will convert "odds of winning" for an event into a probability percentage chance of success. 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. Keep in mind that when rounding values on odds converter you might see some discrepancies. Betting Calculator - Convert Fractional odds to probability. The team would win 5 out of 6 games and lose 1 of them. 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. We provide no guarantee as to the accuracy of the information found on this site. 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. Betting Calculator. Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. american odds of 110 would win £110 on a £100 bet. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. Convert From: Spread 3. It will then display the equivalent odds in all the different formats. On the other hand, the above formula is used in order to calculate probability from the odds. Malay odds fall between -1 and 1, but cannot equal zero. How to calculate odds. How do you convert american odds to fractional? Our accumulator calculator quickly calculates the total odds for your accumulator. US$ 0.00. Positive figures: The odds state the winnings on a £100 bet e.g. So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. How to Use the Sports Betting Odds Calculator and Converter. Future Odds Converter. It is typically expressed as a percentage. Enter the odds you wish to convert into any of the boxes in the betting odds calculator and click on “Convert”. How do you convert fractional odds to american? Probability vs. You can also convert odds to implied probability percentages, decimal, fractional or american by … Converting Decimal Odds . To Win $ - Payout. This calculator will convert "odds for winning" an event or "odds against winning" an event into percentage chances of both winning and losing. This most likely means "500 to 1 Odds are against winning" which is exactly the same as "1 to 500 Odds are for winning." Do you understand how we calculated this percentage? How do you convert decimal odds to fractional? There are 3 methods of stating odds that most bookmakers and websites support. A winning $10 bet at 0.50 Hong Kong odds would return $15.00 for a $5.00 profit (50% return). 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? The maximum number of legs in an accumulator is dependent on the sportsbook you are placing the bet with. For decimal odds between 1.00 and 2.00: Malay = decimal – 1 The conversion from probability to odds is usually referred also as a risk to odds conversion. As with all measures of probability, the implied probability always falls in the range 0 <= implied probability <= 1. Dutching calculator. If, on the other hand, instead of knowing the probability you know … 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. 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. Odds Conversion Calculator. Visit signupbonuses.co.uk for new customer offers and promotions. Odds Conversion Calculator. Note that both 1 and -1 are equivalent to decimal odds of 2.00. 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. Implied Odds. How to use an odds convertor calculator. Our team is working hard on developing a multi-purposes betting calculator. Enter your odds and stake to calculate bet returns for all types of sport wager. For decimal odds above 2.00: American = (decimal – 1) * 100 (often expressed with a + in front, e.g. Hong Kong odds express the net return from a winning 1 unit bet. There are two steps to convert decimal odds into a fraction. It indicates how much you will win based on the odds and total wagered. Bet Amount. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager. Odds changed since you placed your last bet? Betting Odds Converter. 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. Decimal to Hong Kong: Decimal = Hong Kong + 1, Hong Kong to Decimal: Hong Kong = Decimal – 1. For decimal odds between 1.00 and 2.00: Indonesian = -1 / (decimal – 1) When negative, Indonesian odds represent the number of units needed to be wagered in order to win 1 unit. Odds Calculator. How to Calculate the Odds? 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. Betting Calculator Parlay Calculator Bet Slip. Source: Aceodds. Decimal odds represent the total return from a winning 1 unit bet. For Indonesian odds <= -1: decimal = (-1 / Indonesian) + 1. 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 … 2/3) Odds as a ratio (e.g. If you experience any difficulties try refreshing the page. Betting Calculator Before making any bet, it helps to know what you're risking for the expected payout. 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