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