So a +100 underdog has a better chance to win than a +300 underdog. Set a bet amount. 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. 97%). bookmaker fair payout---Option 3. If the American odds are – ; 1- (100/ -American odds) =Decimal Odds. Stake:To convert odds to probability from positive American odds (ones with a +), you need to calculate 100 ÷ [odds + 100] x100. To convert minus (-) American odds, divide 100 by the odds number (without the minus sign) and change that quotient to a fraction. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied Probability. To change your odds format, simply click the drop down menu next to “Odds Type” and select either American or Decimal. For plus odds, the formula for doing so is adding 1 to American odds and dividing them by 100. To begin using the Football odds Converter you need to select with type of odds you need to convert. Lastly, using the American methodology, Australia's odds to win the 2015 ICC Cricket World Cup is -250. 9091) Win %: Calculate: Fraction of Bankroll to Wager: Vig Calculator and Vig Free Line Calculator; Calculation Type: Explanation: Team A: Team B: Average: US Odds:Moneyline odds are favoured by American bookmakers. Converting American odds into fractional odds is simpler. For example: When converting American Odds to decimal odds there are two different formulas you use depending on whether you are converting positive odss (+) or negative odds (-). . The +140 American odds convert to 2. Moneyline is the most common, a straight line of numbers against a specific opponent. 00. For the second method, you’ll divide the American odds by 100 and deduct 1 from the answer. For American odds of +150, you’ll need to divide 150 by 100 and add 1 to the result. Odds Conversion Chart. Decimal to American. Enter the Odds for your bet and our Margin Calculator will work out the probability and the bookmaker's margin. The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. How to Convert American Odds to Decimal Odds: Decimal odds are another popular way odds are listed, especially overseas. Now you can tell that $7. To Fractional. Betting Odds Calculator The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets. This calculator uses decimal odds, so you can't use fractional odds used in the UK or American odds. 2 - 1) = -500. 0. and is the most simple way to determine how much you would win on a $100 wager. Insert the relevant information. A negative number indicates what you must bet to make £100 profit, while a positive number indicates how much you might profit if you bet £100. When odds are expressed with a plus (+) or minus (–) symbol followed by a number. So the calculation for decimal odds of 1. american odds of . Step 2: Input the amount of money you want to stake. It will literally get the job done for you on 4 steps as described below: Enter the original odds into the corresponding cell of the Odds Calculator. Converting positive odds: You divide the American odds by 100 and add 1. 1) Convert the American odds from each leg of your parlay into decimal odds. Formula: Decimal Odds = (100 / Absolute Value of American Odds) + 1. If the ROI is negative, there is no profit available and you will have a guaranteed loss. g. 00, you can convert them to negative American odds using the formula -100 / (Decimal Odds – 1). What are American odds? Also known as US odds or moneyline odds, American odds are the default betting odds used by American sportsbooks. 7% chance to win this game. For our example, as the odds are negative, the implied probability will be 150/ (150 + 100) = 60%. If the odds are -200, you divide 100 by (200+100) and get 0. An odds converter allows bettors to easily convert money line odds between different formats, such as American, decimal, and fractional. Odds Jam charges a monthly fee of $200+ depending on which package you select. If you prefer. In the previous example, +100 in American odds (1/1 in fractional odds) is 2. Probability = 0. 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. You can also convert the odds manually with the following formula: Divide 100 by a negative number (minus. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. Use the Bookmakers. If you have decimal odds of 2. The good news is that our betting odds converter is simple enough to use so that even complete rookies can convert American odds to decimal. Convert values between American, Fractional and Decimal Odds. Odds of +345 conversion (345/100) + 1 = 4. The decimal odds price equivalent is 1. 6-to-1, and a. Here are a few examples that help to illustrate the conversion from American odds into Malaysian odds and back again. 59% to see this is -594. Apr 24, 2018 #1 I'm creating a spreadsheet to keep track of my hobby, sports betting. The roulette payout calculator will help you to plan your betting strategy by finding your bet's odds and potential winnings from the initial amount of money you plan to bet. Calculating Sports Betting Payouts of Indonesian Odds Bets. This means that the odds of -110 would end up as: 100/110. g. 91) and -188 (1. Decimal odds conversion to percentage Decimal odds are a simple reflection of the return you will receive for each single unit placed. Below, you’ll find a couple of examples for converting American odds into decimals. 91 (-110) and Bet 2 has odds of 2. You're betting on which side will win an event and if that side wins, you win. 6 into the following formula to convert back to American odds. g. 00 = 2/1 = +200 Decimal odds (also called "European" for their origin) is the most popular format in the world. Click on calculate to view what your wager will pay out. 40 for Indonesian/Hong Kong odds, and -0. Implied odds are the conversion of a sportsbooks offered odds into an implied win probability. In this way, American odds indicate both the probability and the potential. To convert between formats, use our odds converter and bet. To calculate the decimal odds of a bet, you only need to know the winning and losing chances. 03. When the American odds is a positive number, divide it by 100 and add 1. US odds = (-100)/ (1. 7%. Multiply the result by 100. 11/4 = 3. The Zcode System odds converter also allows you to discover the implied probability of winning the bet. 00: Subtract 1 from the decimal odds. 33 = 1/3 = -300 2. g. American Betting Odds Calculator. To do this, let’s go back to ninth-grade algebra. 90909. One of the visitors already on campus for Nebraska this Friday is Liberty lineman George Dragovich, a 2024 lineman. A horse that is 7/2 would be calculated as 2/ (7 + 2) x 100. Converting positive odds: You divide the American odds by 100 and add 1. To convert minus (-) American odds, divide 100 by the odds and convert them to a fraction. American It is important to pay. 50. If you bet $100 with +100 odds, you’ll receive $100 in addition to your original $100 for a total of $200. The odds calculator shows the amount of money. 15 decimal odds, 23/20 fractional odds, 1. To convert American odds to decimals, you simply carry out the reverse calculations. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. Step 2: Calculate Payout. I came here looking for a function to use in my Excel worksheet to convert American odds to decimal. Odds of +345 conversion (345/100) + 1 = 4. To proceed, we need to convert these odds back into the American format. 50 – 1 = 0. To Convert Positive American Odds to Fractional Odds, divide the American odds by 100, turn the decimal into a fraction, and find the. 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. 0 x 5, or £55 in total. 0 or higher (meaning it will be positive in American odds), use this formula: (decimal odds – 1) * 100. It allows users to quickly and easily convert betting odds into total payouts. FAQs. 20 – 1 = 1. 00, you minus 1 from the decimal and then times the answer by -100. American odds < 0:-100/American odds; Convert the decimal result to a fraction. . A spread bet in football is normally offered at -110 on both sides of the bet. To convert something to be "1 in N", you simply take the reciprocal. American It is important to pay attention to. 4. A positive value of +500 says you’ll win $500 for every $100 staked. You can also convert to and from Implied Probability. Ew. Odds for favorites are accompanied by a minus (-) sign. 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. After entering your American odds, the Decimal, Fraction, and Implied Probability fields are then automatically populated. Texas A&M Aggies vs Florida Atlantic Owls Odds - Friday November 24 2023. Step 2: Input the amount of money you want to stake. g. ROI Calculator; US Odds: (1. Step 1: Enter your odds. If the odds were -750, the bettor would have to wager $750 in order to profit $100 (and therefore receive back $850 in total). Add more odds if needed. For instance, a $90 bet. How do you convert decimal odds to american? Positive american odds - (The decimal value minus one) multiplied by 100 e. Multiply the decimal odds together to get your multiplier. 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. 🙋 Decimal odds are widely used in continental. Betting Odds Conversion. Note that +100 and -100 are both equivalent to decimal odds of 2. So that same event that had a roughly 50% chance of. An unbeatable betting experience. pro and college sports including the NFL, NCAA, NBA, MLB, NHL to Golf, Tennis & NASCAR Events. 20. The average american odds give me -149, which convert to 1. Example: If you want to determine the potential payout and implied probability for an NFL game with American odds of -200, you can input the odds into the calculator. 5), but the potential profit is $25 ($10 * 3. American Odds. 4, you do the following:American odds, also known as moneyline odds, is a type of betting odds used in sports betting. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool. Stake ($) Net Profit ($)While all odds formats show the same thing, there are slight advantages and disadvantages for American odds. The calculation for converting fractional odds to US odds differs depending on whether you’re converting odds over 1/1 (an underdog) or under 1/1 (a favourite). 5 minus 1 equal -200). Then, multiply those decimal odds together for the overall odds for that parlay. 64. American Probability The value automatically updates once there is an input. So, given our previous example, a very simple calculation. In other words, odds of 1. So 4. That means you have to put down $300 to win $100. Rapidly convert a set of odds from American odds to fractional odds, decimal odds, implied probability, Hong Kong odds, Indonesian odds of Malay odds using the betting odds calculator. 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. 2. The odds indicate how many times your stake will be multiplied in your total payout. The sports betting odds calculator allows you to convert betting odds across American and Decimal odds. Enter the Odds and Stake of your original bet and the Odds for the alternative outcome. 39 (+339). It also calculates the implied probability of the bet and the profit if the bet wins. 1:20. 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. American odds are a little trickier, as they operate using positive and negative odds. For Joe’s Parlay, the American odds would be: (11. 4 +1 = 2. On underdog odds, the number next to the (+) sign indicates your winnings on a. Bet Amount. For the sake of explanation, let's look at converting negative American odds: odds / (odds + 100) * 100 = implied probability. 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. This means positioning the decimal number as the numerator and 1 as the denominator. How to convert Decimal odds to American odds. Examples: Odds of +120 conversion (120/100) + 1 = 2. Enter the details and the betting calculator will predict your earnings and show your anticipated profit. A -135 favorite means you must risk $135 to win $100 from the sportsbook. Convert Odds Between Fractional, Decimal and American Odds Converter; How Do Betting Odds Work? - Fractional Odds Explained. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. 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. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. For example, an American odds of +120 would win $120 on a successful $100 bet. 8696 Malay Odds. E. Use our odds calculator to easily convert American (a. Negative odds indicate losing a large amount per each lost bet. Take away one from the decimal value and multiply it by 100. 1, whereas the Clippers would have the underdog moneyline odds of +270. 50. Enter the vig, odds & stake and our vig-free calculator will do the rest. Our parlay calculator will combine up to 12 games and calculate your payout based on your bet amount and the odds for each game. Enter Odds. 20 plus the original $1 stake. Only 2 steps to follow and you have converted the odds you need. A tool like our moneyline calculator can be crucial to a. For example: when Indonesian odds are -1. It is also easy to convert American odds to fractional or decimal odds, and can easily be done using our online odds converter. The formula for converting American odds to decimal odds is as follows: Positive American Odds: (American odds/100) + 1 = decimal odds. 61. Wager x (1+odds) Thus: 100 x 1. :. To convert positive American odds to decimal odds, just divide the moneyline odd by 100, and then add 1. , -200 is $200 to win $100), whereas decimal odds represent the amount you win for every $1 wagered. To do the math: convert the odds on your lines to decimal format (or simply use our odds converter ). Decimal odds will be converted to the nearest standard American or Fractional equivalent. Simply enter the odds into the box below and we will automatically convert it for you. Multiply all decimal odds together to find the parlay odds. 00. 00. Implied Odds. 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. A $300 bet at 1/3 odds would win $100, for a total payout of $400. For negative American odds: 100 ÷ American odds + 1. How to Convert Odds From Decimal to American? For Decimal Odds Greater Than 2. However for many sports and markets such as American Football, Boxing etc. g. For example:0. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. 714 in decimal odds (-140 in American). American Odds, -110. So odds of +400, when converted to fractional odds, are 4/1 (400/100 = 4/1). 54. a. This table can be used to convert one type of odds format into another. To read decimal odds and calculate your potential winnings, all you need to do is multiply the decimal number by your stake. To convert these back to American odds, you will see the vig free line moves to: New York Mets +139 Atlanta Braves -139. You can convert decimal odds to American odds or fractional odds using our free bet calculator. Frequently Asked Questions. The no-vig calculator essentially backs out the “fair” odds by backing out the 3. Your parlay calculation would look like this: 1. However, it’s also arguably our most important. 33. 0000 could. If you are curious about the math behind calculating parlay payout, you’ll need to use an odds converter to convert American odds to decimal odds. Odds Calculator - Convert Betting Odds & Calculate Payout. it means you will win $300 with a stake of $100. A positive or plus (+) sign in front of the odds quote means that the odds displayed indicate the winnings that will be returned from a $100 bet. Larry Hartstein 55-31 (64%) L86 PROPS. A 4-point underdog in the NBA would have a money line listed at about +150. Compare American, decimal, and fractional odds formats and find the best. For example, a decimal value of 4 works like this = (4 - 1) x 100 = 300. 66. Note that 42% + 58% = 100%! This removes the vig from both lines. Fractional betting odds are easy to calculate. If the odds are 0, then it is an exact 50/50 bet and will pay out 1/1. To see how a. If, for example, the result of multiplying legs of a parlay bet is 6. Decimal odds, most popular in Europe, are fairly straightforward. If you have + American odds and want to see them in decimals, the formulae is: (American odds/ 100) + 1 = Decimal odds. Option 1. E. Select the horses to include in the wager. However, manual conversions tend to take time and are prone to mistakes. 1st Select the odd format 2nd Insert the reference odd 3rd Check the final conversion Try now How to Use Our Betting Odds Calculator. To convert a decimal of 2. 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). 25 or 25%. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. a decimal value of 3 = (3 - 1) * 100 = 200. When displayed using American odds, they have a positive number. , 3. You can find some common examples in decimal, fraction, and percentage probability. 50. If you were to bet $100 in that situation, your Expected Value would be -$4. You can use Covers' moneyline odds calculator to convert between American, decimal, and fractional odds,. If the American odds are positive, you would divide by 100 and add 1. Pretty easy, huh?!Let’s look at the three main odds formats and how these are calculated to find your expected winnings. 00 – 1) = 5 => 5/1). To calculate positive odds, you divide the bookmaker’s odds by 100 and multiply that number by your wager. For example, to convert odds of 1. We will look at an example below in an NBA game between the New Orleans Pelicans and the Memphis Grizzlies. 15 for Indonesian/Hong Kong odds, and -0. Meaning you would need to wager $200 and $1500, respectively, to win $100. 00 in decimal odds, and one over two is 1/2, or 50%. Where the American odds have a positive value, simply divide them by 100 and then add 1. By utilizing our odds converter you will be able to do sports betting odds conversion in an instant, and. 67 decimal odds. Bet Type. Here is a guide to what each part of the calculator means: American. 16 to see this is +450. How To Use The Odds Converter. 10 bet formula math win R. 65 should that outcome prevail. This shows that our. Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. Here’s an example, using odds of 5. There are two calculations for this conversion too. For example, if you want to bet $100 on the Cincinnati Bengals’ moneyline odds and know their American odds (+285), insert those odds into the calculator. For a. For every $1 wagered, the bettor profits 71. Baseball side bettors rarely bet any games at –110, and even if all you do is bet football and basketball point spreads and totals, you’ll have bets at –110, +105, –115, +101, and so on. 1st Step. Step 4. The first is for when the decimal odds are greater than 2. In addition to welcoming arbitrage bettors. 03 profit. Odds of -330: Decimal odds = 1. Step 1: Convert -110 American Odds to Decimal Odds. For example: A $100 bet at 1. Thus, in the example: 100 x 0. Rapidly convert a set of odds from American odds to fractional odds, decimal odds, implied probability, Hong Kong odds, Indonesian odds of Malay odds using the betting odds calculator. This is a great tool to use to help you decide on whether a bet is likely to. 2nd Step. How to Use a 3-Way Fair Odds Calculator. 67. American odds = (-100) / ( (denominator / numerator) – 1) if the. The Chiefs ended up winning the Super Bowl, and anyone that bet the Chiefs outright would receive a payout of 1:1, as indicated by the +100 odds, a $100 bet profiting $100. bookmaker fair payout---Option 2. 4, you do the following: The last step is to calculate the implied probability using the American odds to implied probability formula. If the fraction is smaller than 1, it is known as odds-on, which is the same as negative American odds. 3%. The moneyline calculator formula for negative odds is (100 / odds) x $50. To Fractional. In other words, divide 100 by the absolute value of the American odds and add 1 to the result. How to convert odds? Quickly and easily convert odds to fractional, decimal and American formats. 00. For example, with -160 odds, calculate as 100/160, and reduce to 5/8 fractional odds. American odds of 400 converted to decimal odds is (400 / 100). 00 has an implied probability of 33. 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. +100 in American odds, as an example, is equal to 2. For example, it’s fairly common to see American odds of -115, but that converts to 20-23 in fractional odds. For example, you could enter American odds such as +140 into the calculator, and this will automatically convert to 2. This means a $100 bet would potentially win you $200 in. Joined Apr 24, 2018 Messages 2. Moneyline odds are worked out to a bet of $100. 2, use this formula: -100 ÷ (1. Much easier to know who the favorites are, who the underdogs are, and how much you’ll. Let’s use Super Bowl 57 as an example. Converting American odds into fractional odds is simpler. Potential Profit = $12. This gives you a fast and easy way to see whenever a sportsbook’s odds are simply too good to pass up. Add 1 to each result. Choose from American, decimal, fractional or implied odds formats and see the. If we believe the chances of the Knicks winning the game are greater than 60%, we have found a value bet. For example, if your win probability is 62%, then your equivalent decimal odds are 1/0. American, decimal, fractional odds, and implied probability can be calculated. For example, if the odds are +200, the calculation would be: Decimal odds = (200 / 100) + 1 = 2. Simply multiply your bet amount by the decimal odds, then subtract the bet amount out of the total payout to calculate your winnings. Payout: 11:1. 5/2 to Decimal Odds. 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. 2-500 83. Moneyline odds are favoured by United States bookmakers and as such, are sometimes called American Odds. 20 = 120/100 = 6/5. producing a probability with 1/2 < p < 1 1 / 2 < p < 1. To determine the payout, multiply the result by the wager.