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For positive odds, this means multiplying the odds by , converting the answer to a fraction and then reducing the fraction to its simplest form. To convert negative US odds, you divide by the odds, turn the decimal into a fraction and then reduce to its simplest form. For decimal odds of 2. So for decimal odds of 3. To convert odds of less than 2. So the calculation for decimal odds of 1.

To convert American odds to decimals, you simply carry out the reverse calculations. So for positive odds, you divide by and plus 1, and for negative US odds, you disregard the negative sign, divide by and then add 1. The implied probability provides the simplest reflection of how likely a bookie believes a particular event is to happen.

The calculation for converting odds to a percentage depends on the odds format. For fractional odds you use the following equation:. And finally, to work out the implied probability from US odds you do the following:.

Here are a few examples of converted odds to see how different formats compare. Danielle has six years of experience writing on a wide variety of topics, including online casino, sports betting and tourism. Alan has three years of writing experience and an MA in English Literature, with bylines at These Football Times and 90Min as well as extensive coverage of all things sports betting and online casino.

Odds Converter. Implied Probability. How it works. Examples table. Yes No. 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. Much like the calculator, this simply displays a list of popular odds offered with each and every other format aligned.

Often, online bookmakers display their odds in one format or the other. Therefore, using an online odds convertor calculator or table allows you to simply enter the type of odds provided by a specific bookmaker, providing all alternative odds formats for you to see. If visiting the UK, or betting on an UK online betting site, the odds will be displayed in fraction, decimal, or probability.

Using an odds convertor will allow you to also display American odds — allowing you to understand the bet much more. Carl Hughes is a leading expert on sports and casino betting. Carl began his career with a BSc in Sport, Exercise and Health Sciences from the University of Birmingham before working within the industry for some of the bigger names GVC and Bet and has been praised as being "a leading sports betting commentator". Home Bet Calculator Odds Converter.

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American odds are in the hundreds and contain many more units than other traditional odds. Finally, the implied probability is simply how likely the bet is to happen. An odds convertor is a simple an easy tool to use, however they are really effective. 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. Much like the calculator, this simply displays a list of popular odds offered with each and every other format aligned.

Often, online bookmakers display their odds in one format or the other. Therefore, using an online odds convertor calculator or table allows you to simply enter the type of odds provided by a specific bookmaker, providing all alternative odds formats for you to see. If visiting the UK, or betting on an UK online betting site, the odds will be displayed in fraction, decimal, or probability. Using an odds convertor will allow you to also display American odds — allowing you to understand the bet much more.

The Packers would be 1. The Vikings would be 2. Fractional Odds are used primarily in the UK and Ireland. Few bettors use fractional odds for betting sports other than horse racing , because the conversions to understand return are difficult. To calculate winnings on fractional odds, multiply your bet by the top number numerator , then divide the result by the bottom denominator. Odds correlate to the probability of a team winning, which is the implied probability.

A favorite has about a To calculate implied probability, use the following formulas:. As a responsible bettor, it is important to understand proper bankroll management. Your payout includes your potential winnings, plus whatever you bet originally. Sports Betting.