Odds Type: -110 4. A winning $10 bet at 0.50 Hong Kong odds would return $15.00 for a $5.00 profit (50% return). Before making any bet, it helps to know what you're risking for the expected payout. 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 the Sports Betting Odds Calculator and Converter. Supports all major formats including decimal, fraction and american. The fractional representation of 2 is 2/1. A winning $10 bet at 1/2 fractional odds would return $15.00 for a $5.00 profit (50% return). Odds correlate to probability e.g a 3/1 bet is expected to win one in every 4 attempts, hence the probability is 25%. How to Calculate the Odds? Betting Calculator Parlay Calculator Bet Slip. Odds. Odds Converter & Probability Calculator Never tell me the odds Show Hide Help . Note that both 1 and -1 are equivalent to decimal odds of 2.00. A winning $10 bet at 1.50 decimal odds would return $15.00 for a $5.00 profit (50% return). Enter Your 'Bet Amount' - that's what you're risking, along with the American, fractional or decimal odds. Probability vs. There are 3 methods of stating odds that most bookmakers and websites support. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. Decimal odds will be converted to the nearest standard American or Fractional equivalent. For decimal odds above 2.00: Malay = -1 / (decimal – 1), For Malay odds between 0 and 1: decimal = Malay + 1 \[ Odds = \displaystyle \frac{p}{1 - p}\] The conversion from probability to odds is usually referred also as a risk to odds conversion. 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). Simply subtract 1 from the decimal representation, and then use the fractional representation of the resulting value. See what your total payout and winnings will be. Expected Winnings $ 0.00; Expected Payout $ 0.00; Create Wager. Just enter a value in any one of the fields and the value will be automatically converted to other formats. For decimal odds between 1.00 and 2.00: Malay = decimal – 1 Enter the odds you wish to convert into any of the boxes in the betting odds calculator and click on “Convert”. How to use an odds convertor calculator. Spread: 6.0 5. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e.g. Dutching Calculator - This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. 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. Few bettors use fractional odds for betting sports (other than horse racing), because the conversions to understand return are difficult. It will then display the equivalent odds in all the different formats. This most likely means "500 to 1 Odds are against winning" which is exactly the same as "1 to 500 Odds are for winning." How do you convert probability percentages to odds? The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. For example, if you wish to convert odds of 3.0: 3 – 1 = 2. The associated implied probability is also calculated. Other useful calculators . Fill out one of the values, the other two will populate. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. Betting Calculator Before making any bet, it helps to know what you're risking for the expected payout. For decimal odds between 1.00 and 2.00: Indonesian = -1 / (decimal – 1) You are here: Home >> Tools >> Online Calculators >> Odds Conversion Calculator. When positive, Indonesian odds express the net return from a winning 1 unit bet. Keep in mind that when rounding values on odds converter you might see some discrepancies. When positive, Malay odds express the net return from a winning 1 unit bet. 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. Probability Formulas: This calculator will convert "odds of winning" for an event into a probability percentage chance of success. 0.75) Probability as a fraction (e.g. Add 1 to the fractional representation e.g. Odds converter & Odds calculator; Odds Calculator | Soccer Predictions. For Indonesian odds <= -1: decimal = (-1 / Indonesian) + 1. Our accumulator calculator quickly calculates the total odds for your accumulator. How do you convert fractional odds to american? Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. Subtract 1 from the decimal representation e.g. Any chance can be numerically described as either odds or probabilities. Bet Type. The maximum number of legs in an accumulator is dependent on the sportsbook you are placing the bet with. Convert between US odds (moneyline odds), decimal odds, fractional odds, Hong Kong odds, Indonesian odds, Malay odds, and implied probability. 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. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. You can also convert to and from Implied Probability. There has to be a minimum of two legs in your bet to be classified as an accumulator. To use the calculator, simply input the odds in the format of your choosing and press “Convert”. This calculator converts odds formats between decimal/European, fractional, moneyline/American, Hong Kong, Indonesian and Malay formats. When negative, Malay odds represent the number of units needed to be wagered in order to win 1 unit. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. How do you convert odds to probability percentages? For decimal odds above 2.00: Indonesian = decimal – 1, For Indonesian odds >= 1: decimal = Indonesian + 1 Future Odds Converter. Betting odds converter. Implied Odds. Decimal to Hong Kong: Decimal = Hong Kong + 1, Hong Kong to Decimal: Hong Kong = Decimal – 1. ODDS CONVERTER calculator. Hong Kong odds express the net return from a winning 1 unit bet. It indicates how much you will win based on the odds and total wagered. Poker Odds Calculator Binomial Coefficient Calculator Conversion Calculator Poker Odds Chart Instructions About. Convert Fractional odds to probability. Malay odds fall between -1 and 1, but cannot equal zero. The associated implied probability is also calculated. Our odds converter allows you to convert between decimal, fractional and moneyline odds. Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome. We provide no guarantee as to the accuracy of the information found on this site. Converting Decimal Odds . Select the qualifying bet or free bet button and then enter your bet amount and odds. Example: 3.40 – … Odds Conversion Calculator. The key constant with betting odds is implied probability, the odds may look different but the probability of the outcome winning is the same. Calculator Use Convert stated odds to a decimal value of probability and a percentage value of winning and losing. Betting Calculator. 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. Indonesian odds equal American odds divided by 100. 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. your stake; That’s it! For decimal odds between 1.00 and 2.00: American = -100 / (decimal – 1) You can also convert odds to implied probability percentages, decimal, fractional or american by … There are two steps to convert decimal odds into a fraction. It is your responsibility to verify and examine all aspects of your online sports bet with the bookmaker before placing it. 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. To use the calculator, simply input the odds in the format of your choosing and press “Convert”. 2/3) Odds as a ratio (e.g. NSW Regulation prohibits the publishing of any betting promotions in New South Wales. Supports all major formats including decimal, fraction and american. The conversion from probability to odds is usually referred also as a risk to odds conversion. Odds, are given as (chances for success) : (chances against success) or vice versa. Note that +100 and -100 are both equivalent to decimal odds of 2.00. 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. Odds Converter. RESET. 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. Based on your IP address it appears you are in New South Wales so we unfortunately cannot display any betting promotions. 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. 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. Dutching calculator. Do you understand how we calculated this percentage? Convert From: Spread 3. How do you convert decimal odds to american? So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. When negative, Indonesian odds represent the number of units needed to be wagered in order to win 1 unit. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. Fractional Odds. Odds Calculator. How do you convert american odds to decimal? Be careful if … 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. 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. To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). The team would win 5 out of 6 games and lose 1 of them. 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