This odds conversion tool converts between US, decimal, fractional, Hong Kong, Indonesian, Malay odds, and implied probability. Enter any one of the seven and the other six will be computed and displayed. US-style odds most common, not surprisingly, found in the United States are quoted as either a positive or a negative number. When quoted as a negative number the betting odds figure represents the unit amount a bettor would need to risk in order to win units.
When quoted as a positive number the odds figure represents the unit amount a player would win were he to risk units. Decimal-style odds most common outside the US, UK, and Ireland are quoted as a positive number greater than 1 typically displayed to 2 or more decimal places.
It represents the number of dollars that would be returned if the bet wins including the initial stake. Hence, decimal odds of 1. Decimal odds of 1. Using decimal-style odds, even odds bets are quoted as 2. Fractional-style odds most common in the UK and Ireland are quoted as a fraction indicating the amount that would be paid out relative to a given stake. Hong Kong-style odds are quoted as a positive number greater than 0 typically displayed to 2 or more decimal places.
It represents the number of units that would be collected won in excess of the initial stake were the bet to win. Hong Kong odds of 0. Using Hong Kong-style odds, an even odds bet would be quoted as 1. Indonesian-style odds are quoted as a number with absolute value greater than 1 typically displayed to 2 or more decimal places. When Indonesian odds are positive they are interpretted in the same manner as Hong Kong odds, so Indonesian odds of 2.
When quoted as a negative number the odds figure represents the unit amount a bettor would need to risk in order to win 1 units. Indonesian odds of Indonesian-style odds always have one-tenth the value of their US-style counterparts.
Hence Indonesian-style odds of Using Indonesian-style odds, an even odds bet would be quoted as 1. Malay-style odds are quoted as a number with absolute value no greater than 1 typically displayed to 2 or more decimal places. When Malay odds are positive they are interpretted in the same manner as Hong Kong odds, so Malay odds of 0.
Malay odds of Malay-style odds of 0. Using Malay-style odds, an even odds bet would be quoted as 1. Associated with any given odds quotation is the win probability implied by those odds. This represents the probability with which the underlying event would need to occur to justify those odds.
This means positioning the decimal number as the numerator and 1 as the denominator. You then multiply the top and bottom numbers by ten until there are no decimal places left. For example, to convert odds of 1. You then simplify the fraction by dividing both numbers by the largest common denominator. The calculation for this is:. Converting American odds to fractional odds requires the reverse calculations.
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. Subtract 1 from the decimal representation e. Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager. Supports all major formats including decimal, fraction and american. Dutching Calculator - 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.
This approach is most often using by punters comfortable with exchange betting as odds fluctuate more frequently. How do you convert odds to probability percentages? Decimal - 1 divided by the decimal odds, multiplied by to give a percentage e. Play Now. Odds Shark Top Sportsbooks 1. Visit operator for details. Odds Calculator. American Odds. Decimal Odds. Fractional Odds. Implied Odds. American Odds Decimal Odds 1. Prop Odds: Team and Player Milestones.
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