2. 50 is: 1. Quickly and easily convert odds to fractional, decimal and American formats with our odds converter calculator. dollars (aside from external costs such as commission) of one euro. More. If you want to determine your profit only, then subtract your wager from that amount. However, it is not always 100% precise if the decimal is not . To convert American odds into decimal, divide the American odds by 100 and add 1. Chances are you’re already familiar with the point spread. While this is a perfectly good fraction, bookmakers never use numbers with decimal points in fractionals. Expected Value DefinitionOur betting odds calculator allows you to calculate the returns on 29 different bet types, or it can be used as an odds calculator to work out potential winnings on your bets before placing them. Odds as of November 16, 2023. +30000. 1 -1) *. Even money shots indicate that there is a 50% chance of success and in theory could be expressed as -100 or +100, as ultimately $100 staked at these odds equals $100 profit. 33. 40. To convert back from American to decimal odds for positive odds, use this formula: 1 + (American odds / 100)Fractional odds. 1 -1) * 100 = +110. 300/100 is simplified to 3/1. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83. Bets vs. Let’s assume that 2 tennis players are very evenly matched and. 0 (Evs), and get money back as a Free Bet if it loses. In the example below, we're looking at a typical seven-point spread in the NFL with standard -110 odds on each side. Secondly, you can use any bet type you can imagine. These bets are also called over/under bets. Converting odds into probability, we divide the odds by 1+ the odds e. On a $100 bet, the payout would be $300. "Odds for" winning: 1/12 or 1:12 (reduced from 4:48) "Odds against" winning: 12/1 or 12:1 (reduced from 48:4) Implied Odds vs. Our betting odds calculator is perfect for showing you how to calculate potential winnings for all types of sports bets. Let's say you want to bet $10 on the Miami Dolphins moneyline (+160 in American odds) against the Buffalo Bills. 67%. American Odds? American odds are displayed in hundreds and thousands (-110, +500, +1500, etc). Standings. 15*$50=$57. No real-money purchase required: Covers BetSmart Rating: 3. Fractional Odds. You must add a positive sign to the result to get the correct moneyline odds. A -135 favorite means you must risk $135 to win $100 from the sportsbook. To FractionalOur Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. It is often expressed in percentages, also referred to as the probability. The books also make money in the long run on parlays because they never pay close to the true odds. 70 EC. . 2nd. Enter 1. Normally a sportsbook would offer you less than even money about a coin toss. For a - sign, divide 100 by moneyline. Multiply that $10 across millions of bets and that is how sportsbooks make their money. 4 cents plus the original stake of $1. Enter the amount of money you want to bet $ American Odds. 54%. You must add a positive sign to the result to get the correct moneyline odds. Under Odds Type, pick your odds style. 1: (2. Here’s the formula: Moneyline odds (AKA American odds) are shown as positive and negative numbers. Convert from Malay odds to decimal odds. To convert from a probability to odds, divide the probability by one minus that probability. 50 (3. 50. Using our odds value calculator, you can get the expected value of your bets by comparing your projections to the odds listed by sportsbooks. 95 pays less than even money, it would be expressed in American odds format as a negative moneyline. 39 (+339). 64 including the original $50 risked. Profit = $137. All the information you need to convert your promotions is available in a simple summary. Convert the American odds to decimal odds using our odds converter. The standard exchange rate of the US Dollar to Eastern Caribbean Dollars is USD 1 to $2. Odds of +345 conversion (345/100) + 1 = 4. For the above odds, the implied probability of a Cardinals win is: 120/ (120 + 100)*100 → 120/220 * 100 = 54. Here, you’d just input the information into our betting odds converter. Use our odds converter to read any bookies betting markets. To understand betting odds and how to convert odds from one format to another, we have to first understand the concept of chance. The PokerNews Poker Odds Calculator is very simple to use: Choose your cards;. If the odd is 1/2 (“one to two”, or “two to one on”), the bettor would have £50 profit on a £100 stake. Fractional odds, or British odds, are most common in the United Kingdom, Ireland, and in horseracing. A two-team parlay (assuming all bets being 50/50 propositions) has 4 possible outcomes (Win-Win, Win-Lose, Lose-Win, Lose-Lose), so you should hit 1 out of every 4 times or odds of 3-1 against you, yet the standard payoff for a 2 team parlay is. 5. The no-vig calculator essentially backs out the “fair” odds by backing out the 3. Since you can pick either side of the spread to bet on, you have a 50% chance of. All that you have to do is to type in each of the fractional odds into our betting odds converter and you’ll instantly see the odds in American odds format. Example: +100, -350. 5 points or more. In our next article, you can calculate how much money a bet will make you. Money. Use our odds. 22% and 15. Using our odds value calculator, you can get the expected value of your bets by comparing your projections to the odds listed by sportsbooks. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. If the odds are tiny (one to a million), the probability is tiny, almost zero. American odds indicate how much money you need to bet to win $100 (for negative odds) or how much you'll win from a $100 bet (for positive odds). 55. 00 to potentially profit $9. Wise’s currency converter will show you how much your money is worth in other currencies at the real exchange rate. Before making any bet, it helps to know what you're risking for the expected payout. On the flip side, you could bet a 3-point underdog at +135 to win outright, meaning you would wager $100 to win $135. Of course, these percentages include the amount. Featured Matches. To calculate positive odds, you divide the bookmaker’s odds by 100 and multiply that number by your wager. Betting odds is a payout ratio that has the house profit margin built into it. A moneyline in American odds is centered around winning or wagering $100 on a given bet. 51. Round Robin. A positive value of +500 says you’ll win $500 for every $100 staked. S. Betting odds to win Clutch Player including favorites Luka Doncic and Damian Lillard. The easiest way to convert American odds into decimal odds is by using an Odds Calculator. Let’s say 10/11 in fractional, 1. Welcome to Flop Turn River! It’s our mission to turn you into a winning poker player. There are two calculations for this conversion too. Sports. This odds converter is a vital tool for sports bettors, because you will often see the odds presented in different formats. 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. 00 is the same as 4/1 fractional odds (which would also return $5 to you for a dollar bet: $4 profit + $1. 80%. Betting odds are calculated by the probability of something happening. 97%). Divide the odds by 100, and then reduce it to its simplest form, e. Odds Shark is the global authority for betting odds, tips and picks across sports, poker, casino games, politics, entertainment and much more. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. 2 = 12/10 = 6/5. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. If the odds were -750, the bettor would have to wager $750 in order to profit $100 (and therefore receive back $850 in total). Sports Betting Spread to Moneyline Converter. Use the following formula for anything with a minus sign in front of it, but drop the negative sign. Learn how to bet on sports by using our betting odds, odds value, odds converter, and hedging calculators to get all the data you need to make the right wagers. Home Odds By State NFL Odds MLB Odds NBA Odds. Place the free bet on the free bet sportsbook (be sure to select the free bet when placing the bet in that book). This bet is. Odds Formats. 10), but one book offers that same market at -105 ($10 bet profits win $9. For example, staking £5 at decimal odds of 11. Using the same example above, your max potential winnings from the free bet risked on the longer odds is $225. The odds for the favorite, which will have a minus sign (-) in front of them, show the amount you need to bet to win $100. +150. By Al Mac Mar 29, 2021. If you want to bet on Golovkin to win the fight (8/13 odds), calculate your winnings by multiplying your wager by the quotient of 8 ÷ 13 (0. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. are favored to wrestle back the crown they earned in '18. 60%. Decimal odds will be converted to the nearest standard American or Fractional equivalent. Then it would be a matter of setting the spread odds as -110 for either team, and you’d enter 7. Read the latest Betting Tips from Betfair™ experts. You can convert odds to implied probability in four steps: Determine if the odds are positive or negative. If you or someone you know has a gambling problem and. How to convert odds to probability and odds to a probability. Most of us will be familiar with American odds or decimal odds. Total. This will effectively be the money that has to be risked for winning $100. 25 and multiply that by 100 to get 25%. 03 payout. 2 decimal odds, +120. If the odds were even (also represented as +100 in American sports betting), an $11 bet would have a payout of $11. You can plug those probabilities into an odds converter to find the fair odds or no-vig line for this market to be -123. If, on the other hand, instead of knowing. The spread converter / moneyline converter tool would then tell you that you should expect to find moneyline odds of -284. Get the latest 1 British Pound to Euro rate for FREE with the original Universal Currency Converter. So if the odds are +150 and you place a £100 wager, then you will get £150 as a winning. 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 Moneyline Calculator instantly converts American odds to decimal, fractional, and vice versa. 8 on the favorite and a moneyline price of +225. *The amount gained for every £1 staked is represented by decimal odds. American. Decimal Odds. Sports betting sites across the globe have varying formats in their sports market. 00, the payoff is £400 for every £100 staked. Odds of 2/1 (the way to say is “two to one”, or less commonly “two to one against”) imply that the bettor would have £200 profit on a £100 stake. 50, 13/2 and +650 all mean the same thing and the need for an odds converter! Make your sports betting experience easier with our betting odds converter, letting you convert odds in all formats! Use this bet calculator to easily calculate and convert between american odds (moneyline odds), decimal odds, fractional odds, and implied odds. The -200 odds will profit half your investment ($10 bet equals $5 profit). 0 or higher (meaning it will be positive in American odds), use this formula: (decimal odds – 1) * 100. For instance, if the American odds are 120, it means you will get $120 if you win the bet by putting down $100. That means that 5. 2 HK odds, 2. Creating your own. 5 at +300 odds you could use this calculator to calculate the size of the hedge bet to make at a different sportsbook to lock in a guaranteed profit. 5: -100 / (1. Let’s use Super Bowl 57 as an example. 5×50=275. *American odds, sometimes known as money line odds, are preceded by a plus or minus sign, with the plus sign indicating a lesser chance occurrence with a greater payoff. There are two steps to convert decimal odds into a fraction. 00. 00. The spread converter / moneyline converter tool would then tell you that you should expect to find moneyline odds of -284. Accumulator bets enable customers to win large amounts of money from betting a small stake on the outcome of several matches, with a bigger potential return coming from including more selections on your bet. Another interesting bet calculator which can help users to try out a betting strategy they might not have even heard of before is the Heinz Bet Calculator. Max stake £10. You play against the dealer. This odds conversion tool converts between US, decimal, fractional, Hong Kong, Indonesian, Malay odds, and implied probability. We use American style (-500), but you can choose Fractional (1/5) or Decimal (1. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Check the final conversion. You’ll also find that as the totals decrease, the 1X2 for a handicap increases. American It is important to pay attention to. $465 divided by $300 equals $1. 67%. 1: (2. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. If you bet on both the teams, you are actually risking $104. Money line calculator, Gambling calculator, Point spread calculator, Parlay calculator, Over/Under Calculator. Enter the original value. Odds Calculator. Remove the first ‘0’ Replace it with a ‘1’ Example: Barcelona have Malay odds of 0. If you place that $100 free bet on the Over 50. 357 for a typical game with a 42. 09 (60) €5. Expected Value Definition To calculate your profit on a win just do out the fraction and multiple by stake. To convert odds of less than 2. Expressed as a multiple of the original stake. Determine the odds. 5 times, 1. Read this complete guide about fractional odds. American Odds. In decimal odds, Miami will be 2. If it's close to the end of the. A horse that is 7/2 would be calculated as 2/ (7 + 2) x 100. (5 – 1) x 100 = 400. William Hill can calculate the payouts for different types of bets. 50 – 1 = 0. Refer a sales for this product on social networks to earn money as a PayLoadz Affiliate. 85), fractional odds (57/20), and implied probability (25. They are expressed as a multiple of the original stake. So here we go. The odds of the match ending in a draw are 25 percent. 0 would return 11. 50 on the Leeds +4. Odds Converter; Parlay Calculator; Futures Betting Guide; Moneyline Betting Guide;. American odds cannot simply be multiplied together — each. Like fractional odds, they do not include your stake, so add this back at the end. g. 2 which means there is a 20% chance of the outcome happening. 615). Decimal odds will be converted to the nearest standard American or Fractional equivalent. Implied Probability. This also means that your wager won’t profit as much as it would if it was a positive number although you’re more likely to win the bet. For instance, a $100 wager on +220 odds would return a profit of $220. This is because there would be something like a 50% chance of the Packers or the Chiefs winning. when you use an odds converter to convert decimal 1. 615). 00 and then find the nearest whole integers (so 3. Implied pot odds basically refers to the amount of money you expect to win in a later street. 90 – 10 = $80. The Eagles were -125 and the Chiefs were +100. To calculate the payout of a $50 bet on the Buffalo Bills, divide 115/100 and multiply by $50 (1. Money Line Calculator (Implied Probability Converter) The following chart shows how likely a team is to win based on the odds. 45 if every leg came in. The American odds format, unsurprisingly, is one that is followed by American sportsbooks. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. Convert your decimal, fractional and moneyline betting odds using our odds converter tool. To convert negative odds, you create a fraction by putting. The probability of this bet winning is 13. Example: A given bookmaker has published odds for a given event, whereby for the favourite he has given odds of 2. 74 decimal odds. That means if you bet $100 on FanDuel and it won, you would win $124. Improve your game and make the. 5 x 11). Use this odds calculator for all types of bet, including each way bets. 41% = $0. Start betting smarter today!. 100 / (Positive Odds + 100) * 100Bet calculator and free betting calculators to determine payouts. Low margins. 00 in decimal format. 5 at +700 odds on DraftKings, and the Leeds +4. American Odds of +10000 when converted to decimal odds are $101. 5 – 1) * 100. The aggressive Cubs are primed for a busy offseason -- even if they whiff. Put together the vig-free odds and you get a true line of +953. A 3-point favorite is usually around -151. 43%. 5 decimal odds and 1/2 fractional odds. As you can see, there’s a difference of 20 between the two values (105 and 125). Negative American odds reflect the amount of money you would have to bet in order to win $100 and are displayed as: Los Angeles Lakers: +130. The potential winnings are $16. This tool also reveals the implied probability of winning any moneyline wager and details the. 87. Decimal Odds e. With American odds, the favorite is denoted with negative odds like -110 and the underdog normally receives positive odds like +110. $10 bet =. 8%. For negative odds, take the American odds value divided by the sum of American odds value and 100, and multiply it by 100 to get the result in a percentage. Bet Amount. 5 (-108) at $50. Our betting odds calculator is perfect for showing you how to calculate potential winnings for all types of sports bets. For Decimal odds greater than or equal to 100, preface the odds with either a “0” or a “d”. 5 are now the most popular wagers on the market and they’re easy to figure out. In order to compare odds, you need to be able to convert them into implied probabilities and their net returns, because this is the foundation of all odds in the market. First, we have a simple calculator that you can use to plug in any moneyline (American-style odds) and quickly get the fair market probability that it implies. 67, or 67%. 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. By clicking the convert button, the odds converter will provide the other variation of odds, which is as simple as that. sportsbooks default to what we call "American odds" — which are centered around winning or risking $100. Your parlay calculation would look like this: 1. 4. The British. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied Probability. 5 bet assuming the $10 free bet at +700 is placed on DraftKings. The opposite, Plus American odds, means that the odds are not even money anymore. You might see -110 rendered as 1. The Game2Bet Odds Converter is a fantastic tool for streamlining sports betting! Simply enter the type of odd you require, and the converter will instantly display the corresponding odd in the other forms, saving you time and effort. $0. g. Indonesian Odds are like US odds. American odds of +200 would become 3. 0 x 10 = 90. 67 worth of winnings. The horse racing odds calculator is horse betting calculator with very specific functions embedded in it. A +350 underdog means you risk only $100, but you. Another way of understanding decimal odds is using percentages. 5-point favorites only prevail in 60% of games played, but the fact that they don’t even cover 50% of those games should be. 4% / 104. The new stopgap will keep the government running until early 2024, but the extensions will be split, by department, into two new dates: Jan. 30. Call 1-800-GAMBLER. 0 (Evs), and get money back as a Free Bet if it loses. 00) or fractional / UK odds. , -100 divided by 1/5 equals -500). Odds/Probability Conversion. 1 -1) * 100 = +110. We now want to apply the bet365 house edge or vig to our decimal odds, which we will then convert to American odds and compare to their opening market. This fraction is. Detroit Lions +8. From the bookie’s perspective, they are taking in $104. EUR – Euro. . Hong Kong Odds Explained. For example 12/5 is 12 divided by 5, which equals 2,40; If you bet £50 on 12/5 you stand to profit £50*2,40=£100 if your bet wins. Different sites have these odds converters to aid players in making better betting choices. The Single Bet Calculator can display the payouts on offer from a single stake once the user has inputted the odds of this bet stake and the value they are placing on this bet. 15 back ($10 bet + $6. 4 cents plus the original stake of $1. -140/+120. Using our odds converter is the simplest technique there is to change the format of an odd. Betting Odds Calculator. 20). That's why having the best odd available is a key principle for making money with sports bets. Each way. Convert Money Lines to Percentage. The 2022 World Cup saw France dethroned in the final. Here’s an example, using odds of 5. Odds of -140. Select the qualifying bet or free bet button and then enter your bet amount and odds. 55. calculated by dividing one by the decimal odds. 366 is the purchase price in U. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. In the above scenario, the Mets are the favorite as indicated by the minus (-) sign and it would take a wager of $210 to win $100. Favorite Spread Odds = -110. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. On the other hand if it’s less than 2 you divide -100 by decimal odds minus one. 09:30a. The FreeBet calculator is one of the best calculators you will find online. Parlay. Several people can play at one time, but each is only trying to beat the dealer,. 5 minus the $10 stake). 714 in decimal odds (-140 in American). 3/2. Bookmakers even out money wagered across the event whilst making money on the winners by taking a vig, cut, juice from the wager. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. American odds, depending on whether there is a negative (-) or a positive (+) sign, indicate either the amount of money you need to bet in order to. So for positive odds, you divide by 100 and plus 1, and for negative US odds. Odds of 2/1 (the way to say is “two to one”, or less commonly “two to one against”) imply that the bettor would have £200 profit on a £100 stake. In this case, you have it correct: 1 0. 100 over the relevant number (ignoring the negative sign). Implied odds or betting odds are likely not the same as the true odds. For favorites, you must add the minus sign. 03. Over the years, we’ve been adding timeless strategy articles to help you learn poker. €1. Most betting sites provide each odds option. A positive value of +500 says you’ll win $500 for every $100 staked. 0 would return 11. Here you would win $124 for every $100 you wager if that team wins the game outright. More specifically, 6/1 (six-to-one) odds would indicate that on top of winning back what you wager, you’d also win $6 against every $1. You use decimal odds to calculate the return of your bet by multiplying the stakes of your bet by the decimal odds' value. Total Return: The Win (£55) plus the Place (£15) equals a total return of £70 from £10 staked, giving £60 profit in total. Welcome to our sports betting odds converter. Services. Help. Our Online Poker Odds Calculator for Texas Hold’em is an incredibly useful tool you can use in order to calculate the probability of winning a hand. Team B: 330 / 100 = 3. Depth Charts. 300/100 is simplified to 3/1. Our odds calculator calculates your potential winnings in both American, fractional and decimal odds. If you’re using decimal odds, simply multiply all bets with the stake. How to Convert Decimal Odds to Implied Probability. To win $100 for a Cowboys win, you have to bet $170. , if we have odds of 1:3, then we divide 1/3 by 4/3 which gives us a probability of 0. It will also help you to spot value and find winning bets. Any references to. Negative American odds: -100/Odds = fractional odds.