Indonesian odds equal American odds divided by 100. Winning Starts Here! A winning $10 bet at 1.50 decimal odds would return $15.00 for a $5.00 profit (50% return). Future Odds Converter. Odds changed since you placed your last bet? As with all measures of probability, the implied probability always falls in the range 0 <= implied probability <= 1. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. The conversion from probability to odds is usually referred also as a risk to odds conversion. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. a fractional value of 3/1 = (3/1) + 1 = 4. Bet Amount. For example, if you wish to convert odds of 3.0: 3 – 1 = 2. Enter the odds you wish to convert into any of the boxes in the betting odds calculator and click on “Convert”. 0.75) Probability as a fraction (e.g. It will then display the equivalent odds in all the different formats. Other useful calculators . Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager. Note that +100 and -100 are both equivalent to decimal odds of 2.00. We provide no guarantee as to the accuracy of the information found on this site. Converting Decimal Odds . Calculator Use Convert stated odds to a decimal value of probability and a percentage value of winning and losing. 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. Expected Winnings $ 0.00; Expected Payout $ 0.00; Create Wager. The associated implied probability is also calculated. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e.g. Probability-Odds Conversion Calculator. Betting Odds Conversion Table. The associated implied probability is also calculated. 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. The odds in the bet multiply for every additional leg you add to the accumulator. When negative, Indonesian odds represent the number of units needed to be wagered in order to win 1 unit. Based on your IP address it appears you are in New South Wales so we unfortunately cannot display any betting promotions. How to use an odds probability calculator? Decimal; American ; Fractional; RESET. Probability as a decimal (e.g. Visit signupbonuses.co.uk for new customer offers and promotions. 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. Fill out one of the values, the other two will populate. How do you convert decimal odds to fractional? Probability Formulas: This calculator will convert "odds of winning" for an event into a probability percentage chance of success. Convert decimal, fractional and moneyline odds to implied probabilities. For decimal odds above 2.00: Malay = -1 / (decimal – 1), For Malay odds between 0 and 1: decimal = Malay + 1 This approach is most often using by punters comfortable with exchange betting as odds fluctuate more frequently. You can convert between Decimal, Fractional, and American odds using BettingPremier’s simple odds converter calculator. Our accumulator calculator quickly calculates the total odds for your accumulator. Odds Converter & Probability Calculator Never tell me the odds Show Hide Help . Odds converter & Odds calculator; Odds Calculator | Soccer Predictions. Few bettors use fractional odds for betting sports (other than horse racing), because the conversions to understand return are difficult. Learn more about implied probability. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. American Odds. Our odds converter allows you to convert between decimal, fractional and moneyline odds. Decimal odds will be converted to the nearest standard American or Fractional equivalent. Example: 3.40 – … Spread: 6.0 5. Odds. 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. Betting Calculator. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. 3.00 in decimal odds equals +200 in American odds), For American odds >= +100: decimal = (American / 100) + 1 Decimal to Hong Kong: Decimal = Hong Kong + 1, Hong Kong to Decimal: Hong Kong = Decimal – 1. Implied Odds. How do you convert probability percentages to odds? When positive, Malay odds express the net return from a winning 1 unit bet. Enter the Decimal, American or Fractional odds you wish to convert and our Odds Converter will do the work for you. The maximum number of legs in an accumulator is dependent on the sportsbook you are placing the bet with. Decimal to Implied Probability: Decimal = 1 / implied probability, Implied Probability to Decimal: Implied Probability = 1 / decimal. The fractional representation of 2 is 2/1. 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. Decimal Odds. Fave Odds: -110 6. So, the odds can be any positive number, it does not have to be a number between 0 and 1. If, on the other hand, instead of knowing the probability you know … 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 Type: -110 4. Smarkets’s odds converter converts decimal odds, American odds, fractional odds and percentage odds into your preferred odds format, so you can quickly identify … 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. Add 1 to the fractional representation e.g. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. \[ Odds = \displaystyle \frac{p}{1 - p}\] The conversion from probability to odds is usually referred also as a risk to odds conversion. For Indonesian odds <= -1: decimal = (-1 / Indonesian) + 1. A winning $10 bet at 0.50 Hong Kong odds would return $15.00 for a $5.00 profit (50% return). For decimal odds between 1.00 and 2.00: American = -100 / (decimal – 1) Dutching calculator. your stake; That’s it! Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. How to use an odds convertor calculator. Convert From: Spread 3. So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. Bet Amount. RESET. For decimal odds between 1.00 and 2.00: Malay = decimal – 1 Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. Any chance can be numerically described as either odds or probabilities. To use the calculator, simply input the odds in the format of your choosing and press “Convert”. Just enter a value in any one of the fields and the value will be automatically converted to other formats. 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. How to use the Odds Converter? How do you convert odds to probability percentages? When negative, Malay odds represent the number of units needed to be wagered in order to win 1 unit. You can also convert odds to implied probability percentages, decimal, fractional or american by … Bet Type. Hong Kong odds express the net return from a winning 1 unit bet. Simply subtract 1 from the decimal representation, and then use the fractional representation of the resulting value. 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. 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. Positive figures: The odds state the winnings on a £100 bet e.g. The key constant with betting odds is implied probability, the odds may look different but the probability of the outcome winning is the same. Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. 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. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. The team would win 5 out of 6 games and lose 1 of them. See what your total payout and winnings will be. It is your responsibility to verify and examine all aspects of your online sports bet with the bookmaker before placing it. To Win $ - Payout. Fractional odds express the net return (in fractional form) from a winning 1 unit bet. Supports all major formats including decimal, fraction and american. It is typically expressed as a percentage. Odds, are given as (chances for success) : (chances against success) or vice versa. Input your stake and odds in the betting calculator to quickly calculate the total payout for your bets. Select the qualifying bet or free bet button and then enter your bet amount and odds. Note that both 1 and -1 are equivalent to decimal odds of 2.00. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. An accumulator requires all legs to win to be successful. If, on the other hand, instead of knowing the probability you know the odds, you can use this odds to probability calculator. There are two steps to convert decimal odds into a fraction. Keep in mind that when rounding values on odds converter you might see some discrepancies. Sportsbooks use 3 methods for stating odds: Fractional, Decimal, and American . 1.50), Fractional to Decimal: Fractional = decimal – 1 (expressed as a fraction, e.g. A winning $10 bet at 1/2 fractional odds would return $15.00 for a $5.00 profit (50% return). How to calculate odds. Before making any bet, it helps to know what you're risking for the expected payout. 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 … american odds of -90 would win £100 on a £90 bet. Probability vs. How do you convert fractional odds to american? If you experience any difficulties try refreshing the page. This calculator will convert "odds for winning" an event or "odds against winning" an event into percentage chances of both winning and losing. You can also convert to and from Implied Probability. Fill out one of the values, the other two will populate. Odds Conversion Calculator. Note that both 1 and -1 are equivalent to decimal odds of 2.00. In the majority of circumstances, neither is preferable to the other. NSW Regulation prohibits the publishing of any betting promotions in New South Wales. On the other hand, the above formula is used in order to calculate probability from the odds. Decimal odds will be converted to the nearest standard American or Fractional equivalent. 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? Convert between US odds (moneyline odds), decimal odds, fractional odds, Hong Kong odds, Indonesian odds, Malay odds, and implied probability. Supports all major formats including decimal, fraction and american. ODDS CONVERTER calculator. Our team is working hard on developing a multi-purposes betting calculator. There has to be a minimum of two legs in your bet to be classified as an accumulator. Odds Converter. Decimal odds represent the total return from a winning 1 unit bet. american odds of 110 would win £110 on a £100 bet. Dutching Calculator - How do you convert american odds to decimal? Subtract 1 from the decimal representation e.g. This most likely means "500 to 1 Odds are against winning" which is exactly the same as "1 to 500 Odds are for winning." Dog Odds: -110 7. It indicates how much you will win based on the odds and total wagered. For decimal odds above 2.00: Indonesian = decimal – 1, For Indonesian odds >= 1: decimal = Indonesian + 1 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. 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. Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. Malay odds fall between -1 and 1, but cannot equal zero. 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%. When negative, the American odds indicate the number of units that would need to be successfully wagered to win 100 units. How to convert decimal odds to fractional? US$ 0.00. Betting Calculator Parlay Calculator Bet Slip. Betting Calculator Before making any bet, it helps to know what you're risking for the expected payout. 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. That way, you’ll know the exact amount you would win prior to placing any picks at your favorite sportsbook. Enter your odds and stake to calculate bet returns for all types of sport wager. Betting odds converter. There are 3 methods of stating odds that most bookmakers and websites support. You are here:  Home >> Tools >> Online Calculators >> Odds Conversion Calculator. 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. For decimal odds above 2.00: American = (decimal – 1) * 100 (often expressed with a + in front, e.g. 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. Be careful if … Fractional Odds. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. Negative figures: The odds state how much must be bet to win £100 profit e.g. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. 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