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

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