Decimal odds show the total return for every $1 wagered, including the money risked, as opposed to American odds that use a $100 scale. On the other hand, if you want to convert negative odds to fractional odds, you’re going to do the inverse of the previous calculation. Let’s explain some U. There are many different polyhedral dice included, so you can explore the likelihood of a 20-sided die as well as that of a regular cubic die. I got annoyed with calculating the units, avg odds and ROI after every game so I made a spreadsheet that does that for you! there are 3 pages each with a different type of odds (Decimal , American & Fractional), I hope it provides you with some value, BOL!11/5. 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. OK. 0. 0 = 2. This means odds can change over time as more information becomes available or if the majority of bets are placed on a certain outcome. 50, Boston Celtics 1. The remainder of this article provides an overview of a few basic approaches for any bettors seeking to develop their own football betting system. . 20, fractional odds of 2/6. 5 x -100 = -200. With the Tote you are betting against like-minded racing fans and bettors, rather than taking on the bookie. Step - Starting from the top left corner of the home page, the menu bar is displayed down the left hand side of your screen. The same principle applies if you want to bet less than £1 too. 50 would be returned to the bettor (the $1 initial stake plus $0. 91. Qualifying bet is the first racing pool bet added to the bet-slip. 80 is 0. Comparing World Cup odds is mandatory if you want access to the best prices. Implied win probability = 76. Get in touch. And at long last you should find yourself on the right screen which has a toggle to switch the odds between Fractional and Decimal. 25), then multiply both this number and the stake by 100. 2 minus 1 multiplied by 100 equals 220). Then, you would multiply. g. 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. Odds, are given as (chances for success) : (chances against success) or vice versa. Hence, the probability of the outcome occurring is lower for the group/condition in the numerator. 00 decimal odds mean that the outcome is a pure coin flip - if you get it right, you get a 100% return on your money. 00 are an even bet. 50 in winnings), while decimal odds of 3. The most popular type of odds outside the United States, decimal odds are displayed as the return, including stake for every $1 wagered. For Decimal odds greater than or equal to 100, preface the odds with either a “0” or a “d”. If the bettor wagered £10 and won, their profit would be £30 + the bet of £10 = a return of £40. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. 00) if you wish. 00, you do this: 3 – 1 = 2. UK format (fractional odds) are used by British bookmakers. To convert decimal to fractional, subtract one from the decimal figure (so 2. In decimal format, therefore, 2/1 would be displayed as 3. Favorites to win the World Series. The most popular type of odds outside the United States, decimal odds are displayed as the return, including stake for every $1 wagered. 77) equals a payout of $35. In this format, odds are displayed as a number to two decimal places and punters can work out how much their winnings would be – including stake – by multiplying their stake by that number. Example for Decimal Odds of 4: 4 . 0. A wager of exactly $1,000. Just select the decimal option and Bob’s your uncle. horse racing odds examples: 6-5 odds. , (6. 45%, or:. 3/1 = 4 in decimal odds. 56. U. The Football Pools Limited is a limited company registered in England and Wales with registered number 10573569 and VAT registered number 420 0342 65. Multiplying 1. 45%, and 105. Decimal odds are. 18+, UK only. 75 = 10. 00) or fractional / UK odds (1:1) and we convert all these formats to the other betting formats for you. It's built in. 67-167: The odds converter spreadsheet makes translating between formats easy. However, always drop the negative sign from the odds first, i. Decimal odds of 2. 00 – 1) = 5 => 5/1). For decimal odds between 1. S. The results came to 105. 00: (-100) / (Decimal Odds – 1) For the Bills at 1. With a mix of odds, you can’t judge your win loss record the same way as a pure –110. Ryder Cup 2025. You can display odds as decimals or fractions. In this video we're going to walk you through how to change the odds to decimal (or fractional) on your Bet365 account. 00. 61 is bigger than 1. 50 – 1. So a $10 bet would pay $10 plus $15. How to Change Odds Format. Thus, a £10 stake will provide £50 in total returns, with £40 in clear profits. To convert American odds to decimal, for the positive ones, the formula is (American odds. For example, if your bet is placed at odds of 4. . To convert American odds to decimals, you simply carry out the reverse calculations. text options change looks of text options such as column titles, supertitles, and more plot options change look or suppress markers, restrict range of CIs, and more test options suppress information about heterogeneity statistics and tests graph options change the lines, labels, ticks, titles, scheme, etc. Remember, you can customise our displays to suit your preference by switching between fractional and decimal formats. To convert decimal to negative American odds, you have to divide -100 by the decimal value minus 1 (e. So, decimal odds of 1,50 would yield an impressive winning probability of 66. 5 as a decimal, which makes it easy to see that a £1 bet would return £4. Converting American odds to fractional. Our odds converter allows you to enter any format such as US odds (+100), or decimals / Australian odds ($2. If we showed the same odds in decimal format, they would look like this: Decimal odds: 1. For example, 5/1 would be expressed as 6 or 6. There are two calculations for this conversion too. Most withdrawals happen in the morning of the race (unless there is a change in the going in the afternoon) and come each morning there is usually only a. US format odds. 0 (because decimal odds include your stake). 12: 85p in £1: 1/4 to 1/5: 1. g. % = 0. 30 and so on. To convert these odds to their respective implied probabilities we make. For decimal betting odds, the formula is: 1 / decimal odds. 0. 00, you minus 1 from the decimal and then times the answer by -100. 666. To convert decimal odds into fractional, you’ll need to do a bit more maths. Decimal odds: Los Angeles Lakers 2. Step 4 - Fraction down. A horse that is 7/2 would be calculated as 2/ (7 + 2) x 100. For example, if the decimal odds are 1. If your decimal odds are 2. To convert decimal odds into a percentage: 1 / decimal odds. Just enter the odds of your winner and the bet size and then the net profit will be calculated automatically. Sports betting odds calculator is a great tool for handicappers. So the calculation for decimal odds of 1. com. The Football Pools Limited is a limited company registered in England and Wales with registered number 10573569 and VAT registered number 420 0342 65. 5 minus 1 equal -200). You can choose how you wish your odds to be displayed on the app. Decimal odds are widely used around Europe and are the display format of choice for the betting exchanges around the world. This horse racing payout calculator usually holds a fraction converter for converting odds. Comparing Football Odds. How to Convert Sports Betting Odds. 50 back on a $1 bet. In decimal form, this becomes 1. If the odds are 4. You can also show betting odds as percentages. 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. The table below illustrates the decimal and fractional odds representation for +200. 2 times original $5 wager = $11. 1. Bet $100 at odds of 1. So, in the case of -110 odds, you’d need to bet $110 to win $100, or $11 to win $10. Betting $100 on 1. The method for converting moneyline to decimal odds depends on whether the moneyline value is positive or negative. 22 or 4. For example, odds of 7/2 can be displayed as 4. 0000 imply that if a. While this conversion to -303. Decimal odds: Los Angeles Lakers 2. Meaning: You will get $6 in profit for every $5 you wager. So for decimal odds of 3. 3333333 (this is 10/3 in fractional), a. 00 and 2. 12-13. Champions League Pool View League. Decimals odds to a fractional format is as straightforward as subtracting one from the price and including one as its denominator. 🎯 Join our community of like-minded individuals and start your profitabl. Part of the series: Math Help. For example, decimals odds of 200. g. 4 selections, min combined odds 3. The total return will be your initial stake plus a profit for winning the wager. This video demonstrates how to convert odds to probability and probability to odds using Microsoft Excel. 87, which would make for much easier math on this $10 bet. With decimal odds, a 2. Convert the odds to a decimal (so -225 becomes 2. This leaves you with an implied probability of success of 52. 1st. Our registered office is at Walton House, 55 Charnock Road, Liverpool, England, L67 1AA. Odds change exponentially based on the number of events occurring simultaneously. 50; Repeat until you get a whole numger; This would be 2. 00, we. 19. 9. The decimal odds would be listed at 1. Fractional odds of 1/1 are an even bet. By dividing 3(numerator) by 1(denominator) and adding 1. The decimal odds would be listed at 1. 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. 03 payout. If odds are stated as an A to B chance of winning then the probability of winning is given as P Win = A / (A + B) while the probability of losing is. The Closing Line Value Betting Calculator at Unabated helps you do this across both spreads and totals. You would see the following information as a result. If you prefer to have the odds displayed like this, you can change them in the menu (at the bottom). Learn how I made over 4k at Matched Betting at to transfer from fractional to. Easily convert betting lines to fair odds, helping you make more informed decisions, maximize value, and optimize your sports betting strategy. g. 14: 88%: 1/6-588: 1. 5M+ lump sum! Bet for £1. 20 plus the original $1 stake. 2 = -500. Thus. 615). (min. Snooker. , -180 becomes 180. The Pool odds shown in the blue boxes are set by the layers, and the odds shown in the pink. Probabilities of single events. Football betting with the best odds for any market you can bet on. Convert Decimal Odds into Probability. I have fractional odds of 6/1 and I’m converting them to decimals. The higher the number, the higher the probability of you losing the bet. To alter the odds for horse racing bets, you can head to the settings section to alter these odds. American odds: Los Angeles Lakers +150, Boston Celtics -200. 50 is 1/2 in fractions and 1. 00 would be 1 / 5. For example, when you use an odds converter to convert decimal 1. 18+, UK only. 714 in decimal odds (-140 in American). That's it! The decimal odds equivalent of 1/2 fractional odds is 1. How to convert decimal odds to fractional odds. 9. We convert this fraction into decimal odds by taking 5, dividing it by the 2, and then adding 1. e. For converting decimal odds less than 2 to American odds, divide -100 by (the decimal odds minus 1). Single Event Probability Calculator. Now that we have. 15% respectively, indicating that The Pools’ odds are both consistent and competitive. The conversion of 1-5 odds to American Moneyline odds is -500. 45%, or:. Fractional where all odds are organized in a ratio format, so for example, 2/5 if you put £5 on, you'll get £2 back. 5 horse will win, the No. The table below illustrates the decimal and fractional odds representation for +200. Example: You think the No. Odds of -330: Decimal odds = 1. Step 3: Calculate Total Parlay Payout. So, for example, you bet £1 on Manchester City to beat Milan at odds of 3. 59/2 means a £5. 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. For example, if the odds are 1 in 9, that's 1/9 = 0. Bet $10 at odds of 2. 00 and convert to a fraction, reducing to the simplest form. Place a cash bet and if the qualifying conditions for that race are met, we will give you a £5 free bet (£20 cash bet), £2 free bet (£10 cash bet) or a £1 Free Bet (£5 cash bet). Our registered. Sportsbooks use 3 methods for stating odds: Fractional, Decimal, and American . 0 decimal odds and your bet wins, your total payout is $200 (2. If the moneyline is positive, it is divided by 100 and add 1. How to convert decimal odds to American or fractional (and back), pros and cons of decimal odds, and more. The payout is your initial stake plus a $90 profit. However, manual conversions tend to take time and are prone to mistakes. Points will be awarded towards the leaderboard as follows: Scoring Mechanic. 98. 00. The first is for when the decimal odds are greater than 2. You can mix and match various odds formats. To convert decimal to fractional, subtract one from the decimal figure (so 2. 25) and multiply that figure by the amount you want to win. 120/100 = 1. Odds Ratio > 1: The numerator is greater than the denominator. No extra math, no figuring. 25 to get to 9. In the above example, where the bookmaker offers odds of 49/50 on a coin toss, the odds are shown as a fraction. Here are the fractional odds 3/1, shown in all three forms: Fractional - 3/1; Decimal - 4. 50” for example. 2023-24 Champions League Format. Custom Racecard Settings found within the Accounts section gives you the ability to switch between fractional and decimal odds. That’s it!To convert odds to probability from decimal odds, you need to calculate 1 ÷ [decimal odds] x 100. If you bet $10, your winnings would be $6. In the meantime, one intriguing option is to take part in free-to-play pools. The Bills at -200 (or 1. 80 = 4 / 5. The 1/5 odds implied probability means your selection has an 83. Add the positive sign, and we get +400. 500/ (600) = 5/6 * 100 = 83. 00, also meaning that for every £1 bet, you will. 00, you minus 1 from the decimal and then times the answer by -100. Tennis. Decimal Odds. 01 or higher is a favorite while odds of. The team would win 5 out of 6 games and lose 1 of them. Decimal odds are the most common way online bookmakers present their odds to customers. An example of a fraction odd is 2/1 – this means that for every £1 a customer bets, you will receive £2 if the bet is to win. 75. Converting Odds from Fractional to Decimal and Vice Versa. 10, the equation would. Odds can be displayed in two ways: Fractions or Decimals. 2nd. BUT if a table contains mixed denominators, be consistent and use, for example, 1 decimal point consistently even if some denominators are less than 100. To calculate implied probability, you can use the following formulas: Calculate implied probability from American Odds (Favorite): Implied Probability = -Odds / (-Odds + 100)Our lottery odds calculator finds what are the chances of you getting m matches and picking a bonus ball number. So 13/8 in decimal is 2. Try now. To convert decimal odds to fractional, subtract 1. 0 (decimal), meaning that a £1 stake will return £2 (£1 profit plus. 0000 would be. Bet 3: (100 + 100) / 100 = 2. How To Change The Odds To Decimal on William Hill App. (y – 1) x 100. Multiply the $10 by the numerator, which in this case is. 9. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. 1: 91%: 1/9-910: 1. 0. Fractional OddsWith fantastic odds on a range of virtual sports, we've got everything you need at The Pools. Bet 2: (-1 x -150 + 100) / -1 x -150 = 1. e. Payouts are calculated by multiplying your wager amount with the decimal odds. So, 8 / 2 = 4 and 10 / 2 = 5. For p values smaller than . To find the probability, just divide 1 by the number above, and you will get: 0. 15 (10 x 0. Step 1: Make a fraction with the decimal number as the numerator (top number) and a 1 as the denominator (bottom number). All Odds. Bet fast, win more!Calculating payouts with decimal odds is simple, you can simply multiply your wager by the decimal odds. Mateusz Mucha and Wojciech Sas, PhD. Brentford, Stuttgart & West Brom all to win. Our registered office is at Walton House, 55 Charnock Road, Liverpool, England, L67 1AA. 001. 00 would be 1 / 5. 50 in winnings), while decimal odds of 3. Bet $10 at odds of 2. For odds on selections fractional odds appear the other way around; 1/10 or 2/7. E. American Odds Decimal Odds Fractional Odds +200 : 3. Positive American odds: Odds/100 = fractional odds. This number is the ratio of the payout to the original stake. Hence, decimal odds of 1. 01. So, if a punter placed a stake of £1 on this bet and it was. 40 – 1 = 2. Step - Choose between or by clicking the relevant button and the odds on the site will now be displayed in. You can also look around the internet and many sites offer odds converter tools to make this easier for you. 25 to 1. 6. 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. 5 horse will win, the No. This is the Unabated Hold Calculator where you can see how much theoretically a sportsbook may hold on any given wager. Odds of +120. Multiply the odds by the bet and you get the return that would include the original bet. The method required to convert the decimal format over to the moneyline format is dependent on whether the odds are greater than 2. 16/5 odds = 16/5 = 3. There are two calculations for this conversion too. Decimal Odds / European Odds/ Continental Odds: Decimal odds tell you the amount returned for every one unit wagered. So if a team has odds of -180, you can convert such odds by following the above formula. There is a slight difference when converting fractional odds to decimal odds, because the latter includes the return of the original wager, while that amount must be added to the fractional odds. 50 is: 1. 5: 100, the decimal would then be 0. If we use the decimal odds of 1. European decimal (Betway): Supersport United @ 3. 10/1. 5. To convert odds of less than 2. 00, you minus 1 from the decimal and then times the answer by -100. 2023-24 EPL Title Odds: City Remain the Team to Beat. You need to have cookies enabled to change your odds format. To convert Decimal odds of less than 2. 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. The odds of an event are the ratio of the number of times it occurred to the number of time it did not. Utilise Lottery Probability Calculator to predict the winning chances of the lottery. 7%. 9524 in the decimal format and. Using the same example for positive odds, you could bet $15 on the Royals at +119 and your potential profit is $17. Step 5: Set Odds to Decimal. If you saw odds of +150, you would know that a $100 bet could. 50) Fractional to Decimal: Fractional = decimal – 1 (expressed as a fraction. 242% risk of dying during the next year . To convert decimal odds to give you a probability percentage, you divide 1 by the decimal odds and multiple by 100, ie. And at long last you should find yourself on the right screen which has a toggle to switch the odds between Fractional and Decimal. Step 4 - Fraction down. To convert fractional odds to percentages, use the formula (x / y) * 100 with x/y representing the fraction. 25 to 1. To convert the other way of probability percentage to decimal odds you would divide 1 by the (percentage / 100) and multiply by 100, ie. 4. The reality is that nobody bets exclusively at –110 odds. 0 or higher (meaning it will be positive in American odds), use this formula: (decimal odds – 1) * 100. Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. 40/1. Convert odds using our odds. They take two seconds to calculate. 25 + 2. 625. 5. FIFA World Cup betting odds are set for the 2026, but where does Argentina stand in the 2026 World Cup odds. 50 is: 1. A simple formula for decimal odds is stake x odds = payout. Decimal odds are used by default by European, but not UK, bookmakers. 5 x -100 = -200. Our registered office is at Walton House, 55 Charnock Road, Liverpool, England, L67 1AA. 00; Let’s try. 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. 200 ÷ 100 = 2/1. 00 or greater to American odds: (Decimal Odds – 1) x 100. The given odds multiplied by your original bet is what you’ll get back if you win. If we are to convert a total bet of 3. A cut is taken for administration. To Convert Decimal Odds to Fractional Odds, subtract 1 from the decimal odds and convert it to a fraction. Press add bet to add more lines up to 15 bets. 65 means that for every 1. Betfair. 15% respectively, indicating that The Pools’ odds are both consistent and competitive. If you like decimals and want to convert betting odds from fractional to decimal, simply divide the number on the left by the number on the right and add one (to represent your stake). 59/2 means a £5.