70%. 5. So = 300 ÷ 100 + 1 = 4. Trusted by independent bookmakers and punters to work out returns, you can be sure that the. Start betting smarter today!. S. While this is a perfectly good fraction, bookmakers never use numbers with decimal points in fractionals. Enter the odds type you would like to use: American odds are US odds, decimal odds are referred to as Euro odds, fractional odds are not compatible. Implied Probability. However, by setting the payout odds slightly below the actual odds of you winning, the. 0. This betting odds converter has some similar functions to the odds betting calculator as it assists. Home Odds By State NFL Odds MLB Odds NBA Odds. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83. If they are given odds of 1. The Probability to Odds Formula. NFL Weekly Odds. Let’s assume that 2 tennis players are very evenly matched and. For example 12/5 is 12 divided by 5, which equals 2,40; If you bet £50 on 12/5 you stand to profit £50*2,40=£100 if your bet wins. American Odds of +10000 when converted to decimal odds are $101. g. That means that 5. Betting at Odds Shark. 00 then you will get $5 returned to you for a $1 bet, if that wager wins. Moneyline bets are as straightforward as it gets in sports betting. 2. Featured Matches. See the odds any way you like. If it’s greater than or equal to 2 you multiply the decimal odds minus one by 100. You won’t receive this rate when sending money. Secondly, you can use any bet type you can imagine. It also calculates the implied probability of the bet and. The probability of this bet winning is 13. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83. The higher the ratio, the better your pot odds are. Using our odds converter is the simplest technique there is to change the format of an odd. g. 5 – 1) * 100. The no-vig calculator essentially backs out the “fair” odds by backing out the 3. All the information you need to convert your promotions is available in a simple summary. 67%. League = NFL. u 235. Negative odds denote favored teams. Bets vs. The implied win probability of +10000 odds is 0. There are two different ways to convert from decimal to American odds. I am definitely among those who have had some really impactful money come in from using Unabated. In other words, $1. So it’ll show that the Browns had odds of +125 to win, while the Saints had odds of -200 to win. Learning to spot these weak lines will add to your bottom line over the course of a football season. If you bet $10, your winnings would be $6. That single unit is best thought of as $1. 00 would actually mean 400%. Butler To Lead At Halftime & Win Game vs. 1: $300. 0. $0. There are two different ways to convert from decimal to American odds. The odds calculator shows the amount of money. To convert American odds into decimal, divide the American odds by 100 and add 1. Positive American odds represent the money you will win if you place a £100 bet. The +200 means bettors will make twice their investment in profit i. On the flip side, you could bet a 3-point underdog at +135 to win outright, meaning you would wager $100 to win $135. So if the probability is 10% or 0. Positive odds show how much you’ll win on a bet of $100. Let’s look at an example. 50) Fractional to Decimal: Fractional = decimal – 1 (expressed as a fraction. g. Odds of +120. Different sites have these odds converters to aid players in making better betting choices. This means that you would need to wager $204 to profit $100 on the favorite. Insert the reference odd. Arbitrage Betting Calculator: Calculate how much you should bet on each side of an arbitrage opportunity to maximize your guaranteed profit. 25 or 25%. Decimal Odds. A team or player with a minus sign in front of their name is generally the favourite, unless the odds are very close. This means for every $10 you want to win on a spread bet, you have to bet $11. Min deposit £10. Profit = 13750/100. The American odds format, unsurprisingly, is one that is followed by American sportsbooks. Even after the prize money arrived in his account, he found it hard to accept that he had actually won a six-figure sum, tax free. For a + sign, divide the odds by 100. When a selection is. When odds are expressed with a plus (+) or minus (–) symbol followed by a number. Simply follow these steps: Step 1: Input your odds. Example: 1. Disclaimer: This website does not offer real money gambling, prizes, or simulated gambling. Use the dropdown menu to get the right result. Outspread to moneyline converter would quickly reveal that the expected moneyline odds for the Celtics as favorites to win would be -349. 1 money line odds into American format, you will get a computation of -100 / (2. *If you follow our guides correctly, all outcomes are covered so the result of the sporting event is irrelevant. 0 x 10 = 90. 3 = 4. Enter 1. The higher the potential winnings from the free bet, the more you have to hedge against. Use the following formula for anything with a minus sign in front of it, but drop the negative sign. American. A $300 bet at 1/3 odds would win $100, for a total payout of $400. Standings. The potential winnings are $44. 03. 49 (330) €16. The sharpest sportsbook in the world has Rams -105 moneyline odds and their opponent moneyline -105 odds as well. The base currency always equals exactly one. Call 1-800-GAMBLER. Otherwise, how would you possibly know that 6/5 fractional odds, 1. Sports Betting Spread to Moneyline Converter. We recall the opening odds of Yankees -135. 50 is: 1. Simply input your amount in the currency calculator above, select your source and destination currency and our tool will convert your currency at the mid-market rate (that. Quickly and easily convert odds to fractional, decimal and American formats. This odds format (also known as HK Odds) works the same as Decimal Odds, but does not include the stake. To figure payout on positive odds, take the number from the positive line and divide that by 100. Over the years, we’ve been adding timeless strategy articles to help you learn poker. If your prediction wins you would receive back $38. For example, decimals odds of 200. The Matched Betting Calculator will tell you exactly how much your lay bet should be, how much liability you will need and your profit (from free bets) or qualifying loss (from initial qualifying bets). Odds Converter; Parlay Calculator; Futures Betting Guide; Moneyline Betting Guide;. The yellow fields above are input cells. In this case, you would need to place a $220 bet on the Under 50. Using the example above, Chiefs -6. Negative Odds / (Negative Odds + 100) * 100. 16%, and the payout – 6:1. Welkin Moon. To convert American odds (including -110) to other odds formats and to calculate your payout, use our handy and free odds calculator and converter. You either lose $135, win $100, or your wager is a push. Another interesting bet calculator which can help users to try out a betting strategy they might not have even heard of before is the Heinz Bet Calculator. Ex. About the Author All you’d have to do is to load up our spread moneyline converter and select NBA as the league, and spread to moneyline. The favorite, like Alabama in this example, has to win by a certain number of points. Bet $5, Get $150 + No Sweat SGPs. The positive numbers such as +205 are simply expressed as 2. 1. Decimal odds They are a way of representing the amount that a bettor will receive, if they win their wager. Deposit and bet on any sports with min odds of 2. Odds of -330: Decimal odds = 1. Implied pot odds basically refers to the amount of money you expect to win in a later street. Reuse Starglitter. For instance, if the American odds are 120, it means you will get $120 if you win the bet by putting down $100. 5-points they are likely to cover. Fractional odds are mainly used in the UK, as well as. When Betting a Favorite: The odds for favorites will have a minus (-) sign in front, and indicate the money you need to risk to win $100. Total Return: The Win (£55) plus the Place (£15) equals a total return of £70 from £10 staked, giving £60 profit in total. So you get an event that happens "1 in 13,983,816" tries. Negative odds in the Indonesian format simply show how much money you must risk in order to win one unit. 5 -115. To convert back from American to decimal odds for positive odds, use this formula: 1 + (American odds / 100)Fractional odds. Use our American odds calculator to check potential gains. The odds are exactly the same as for the main game. 4, or 40%. Fair Odds = 52. You can convert over 140 currencies quickly and easily. 43%. Betting odds calculator allows you to insert your odds and automatically convert them to American, Decimal, and Fractional odds. 20). The “fair” win probability for the above example is that Ohio State should win the game 62. 14 per. Once you convert odds to probabilities and add them together, you’ll get a number greater than 100%. The reverse is true for when betting on an underdog. If you are satisfied with the calculation and would like to place a real money wager, simply click on the blue "BET NOW" button and select your state from the dropdown menu. How does the odds converter work? Our odds converter allows you to enter any format such as US odds (+100), or decimals / Australian odds ($2. 3% before) and Utah should win the game 37. To convert positive odds to a decimal, divide the odds by 100 and then add 1. T&Cs apply. Thus, if you can find the Packers at -200 moneyline odds, then this would be the optimal bet (compared to the -5 point spread at -110 odds). 0 (Evs), and get money back as a Free Bet if it loses. This site is 100% for entertainment. 67%. Moneylines will be formatted in American odds at a sportsbook like FanDuel. 69 is equivalent to in American odds and fractional odds formats, and you can also see what sort of payouts you would earn on a successful wager: Type in $100 as your betting amount. u 235. If you or someone you know has a gambling problem. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. You can work out implied probability with decimal odds via a straightforward calculation. Our betting odds calculator allows you to see what 1. 5. That means a total payout of $6 for someone betting $5. 5). With decimals you can see that your stake is included in the figure. 4%, but in reality, your chances of winning are 50-50, so. When a selection is even money the decimal odds are 2. 76 and expect to pay out $100 (including the stake. Low margins. 5% from both win probabilities, then finding the odds associated with the now “fair” win probabilities. Many bookmakers support all three odds formats. If you want to determine your profit only, then subtract your wager from that amount. 50 to win a match, their implied probability of winning is 0. (5 – 1) x 100 = 400. Moneyline (or American) odds are popular among the United States bookmakers. *The amount gained for every £1 staked is represented by decimal odds. Over/Under Calculator. Any given week of the NFL you will see some massive odds for games and huge favorites. More wagers. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. The Oilers have odds of 2. 50 in decimals). 1 -1) * 100 = +110. In the same example, it would perhaps be the Lakers favored to. 1/3 to Decimal Odds. The opposite, Plus American odds, means that the odds are not even money anymore. The odds converter also displays the implied probability. 1. The spread, also known as the line, is a figure set by the sportsbook to counter the perceived gap in abilities of opponents, which in turn provides more balanced odds. If you need to convert a +210 to a fraction format, it would be 210/100= 21/10. To easily convert odds, in any format, into implied probability, you can useE. League = NFL. For example 5/2 fractional odds: (5 / 2) * 100 = +250. g. Our parlay calculator allows you to input the individual odds for each leg of your parlay bet to calculate the payout of the constructed wager quickly and effectively. American It is important to pay attention to. Underdog Spread Odds = -110. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. (odds / (odds + 100)) * 100. If it is negative, divide 100 by the moneyline amount (without the. Money. Gambling can be addictive, please play responsibly. -200, -450) represent how much a bettor must wager to win $100 profit. An odds format converter that allows you to convert betting odds to and from: Fractional odds, Decimal odds, American odds, Moneyline odds, Malay odds, Indonesian odds, Hong Kong odds, and Implied Probability. If a bettor could secure better (higher) than even odds he can make a good "value bet", whereas if the line is lower that even odds, it becomes a bad bet, or "sucker bet". Here’s an example, using odds of 5. Let’s say the New York Giants are facing the Washington. exist to make money. Odds Converter Calculator. Fractional odds express the net return (in fractional form) from a winning 1 unit bet. If you were to bet $100 at 3. In this instance, you’d win $7 total. Sports Betting Spread to Moneyline Converter. When calculating American odds for minus odds wagers, you are calculating the odds for favorites, which returns less than even money in profits. Here you would win $124 for every $100 you wager if that team wins the game outright. Example for 1. , if we have odds of 1:3, then we divide 1/3 by 4/3 which gives us a probability of 0. This site is 100% for entertainment purposes only and does not involve real money betting. 0, and you want to bet $10, you will do the following calculation: 9. Step 2: Input the amount of money you want to stake. 100% Free Online Poker Hand Replayer How to use CardsChats’ Poker Hand Converter & ReplayerHow does the Arbitrage Calculator work? Our arbitrage calculator allows you to enter the odds of two (or more) different bets to determine how much you should stake on each to guarantee a profit. If you wantedto bet about $10 per round, then you’ll get a better deal by betting $2 on the PassLine and $10 on the Odds (on a 5x table), vs. For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount. 2 = 12/10 = 6/5. 2 decimal odds, +120. In order to compare odds, you need to be able to convert them into implied probabilities and their net returns, because this is the foundation of all odds in the market. Sportsbooks automatically calculate parlay payouts for you, or you can use our parlay calculator above. Payout: 1:1. 69 in the decimal odds box. Firstly, you can set up the calculator to work in Fractional, American or Decimal odds. 5-point favorites only prevail in 60% of games played, but the fact that they don’t even cover 50% of those games should be. Again, you then need to simplify the fraction if possible. , 400/100 is the same as 4/1. Indonesian Odds are like US odds. And finally, we offer a free and friendly forum where you can. Most betting sites provide each odds option. We now want to apply the bet365 house edge or vig to our decimal odds, which we will then convert to American odds and compare to their opening market. American odds always use a baseline value of $100. Say an event has American odds of -250; you can convert this number into implied probability by using the absolute value of odd in the formula: Implied Probability = American Odd/ (American Odd + 100)*100 = 250/ (250 + 100) = 71. BonusFinder betting odds calculator helps you figure out how much you stand to gain. Laying the same outcome at 2. Decimal Odds. If you want to bet on Golovkin to win the fight (8/13 odds), calculate your winnings by multiplying your wager by the quotient of 8 ÷ 13 (0. To find the probability, just divide 1 by the number above, and you will get: 0. Decimal odds They represent the amount of money that will be returned to a bettor if they win their wager. You can convert odds to implied probability in four steps: Determine if the odds are positive or negative. Looking for more betting tool guides? Check out our moneyline. $500 2nd Chance Bet. Fractional Odds. Scores. The Single Bet Calculator can display the payouts on offer from a single stake once the user has inputted the odds of this bet stake and the value they are placing on this bet. Simply follow these steps: Step 1: Input your odds. The Odds Calculator only requires you to enter the value of the odds into the cell describing the initial format of the odds – everything else is automated. College football spread betting has been around since the 1940s; spread bets like Alabama -20. Bet Amount e. 100 / (Positive Odds + 100) * 100Bet calculator and free betting calculators to determine payouts. 1 EUR = 1. 4, just multiply all three numbers with your stake. Schedule Free Coaching Call. g. For example, when you use an odds converter to convert decimal 1. Positive Formula: 100 / (ML +100) Example: Money Line = +130. That means if you bet $100 on FanDuel and it won, you would win $124. Converting all odds to this format will save you time, money and effort. 05. Formula: (1 / decimal odds) * 100 = implied probability. If the odd is 1/2 (“one to two”, or “two to one on”), the bettor would have £50 profit on a £100 stake. Creating your own. 7%. If you’re using decimal odds, simply multiply all bets with the stake. It's easy to convert between probability and odds. Despite claiming their first World Series ever, the Texas Rangers are not the 2024 favorites, instead sitting around the third spot from 8/1 to 11/1. This way, you will find how much money would return in your pocket, not the net profit. Mobile friendly moneyline calculator and sports betting calculators. Betting Odds Calculator. Betting odds are calculated by the probability of something happening. Round Robin. They'll adjust the moneyline odds to make sure they're making some kind of money and not coming out with a loss. 00, the payoff is £400 for every £100 staked. 9 or ‘1 to 9’ or 0. It depends on the one you prefer. In each case, the bettor would risk $100 to win $600. To use the tool, enter the spread, the odds on each side and choose the sport. 25 for a total payout of $78. Implied probability = negative American odds/ (negative American odds + 100) * 100. 0 x 5, or £55 in total. Favored odds such as -160 would be 100/160= 13/21. To locate the best discrepancy plays, focus on the "money %" column. 65% (European) and 47. Services. That way, you’ll know the exact amount you'd win before placing any picks from your favorite sportsbook. 50 – 1. The odds calculator shows the amount of money. Add 1 to each result. 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. Betting $10 with 3-1 odds will give you a $30 profit plus your $10 back. Correspondence Address: Triq il-Kappillan Mifsud, St. 50) * 100 = 40%. If your horse finished in places 2nd. Our odds calculator calculates your potential winnings in both American, fractional and decimal odds. This odds format (also known as HK Odds) works the same as Decimal Odds, but does not include the stake. A 3-point favorite is usually around -151. Betting odds example: Totals. Sports betting sites across the globe have varying formats in their sports market. 03 payout. Let’s say 10/11 in fractional, 1. Since you can pick either side of the spread to bet on, you have a 50% chance of. With the FTNBets odds calculator, quickly calculate or convert odds into American, Decimal, or Fractional formats to help you bet on sports. 91 (-110) and Bet 2 has odds of 2. if you bet $100 on odds of +250, you will return $350 made up of $250 profit and your $100 initial stake. The books also make money in the long run on parlays because they never pay close to the true odds. 0 would return 11. Money Line Calculator (Implied Probability Converter) The following chart shows how likely a team is to win based on the odds. 00 or . To convert moneyline odds to decimal, if the moneyline is positive, divide by 100 and add 1. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. 00 is the same as 4/1 fractional odds (which would also return $5 to you for a dollar bet: $4 profit + $1. Let's create an Iowa moneyline and over 146. $10 bet = $13. Favorite Spread Odds = -110. Get Started Today! New users get a 2 day free trial + $30 off your first month!Place: 10 divided by 5 is 2/1, so the Place bet pays £5 at a price of 2/1, returning £15 – £10 profit and your £5 stake returned. For example, -110 odds mean you need to. Learn how free bet conversion works, how to use OddsJam’s Free Bet Conversion Tool to convert your promotional free bets or risk free. The Probability to Odds Formula. For example, with -160 odds, calculate as 100/160, and reduce to 5/8 fractional odds. 615). $900 minus 15 percent equals $765. The calculator is fully customisable and comprehensive in the. So whether you want to convert decimal to American odds or change all of your odds to fractional, our odds converter betting tool will do all the hard work for you. 33%, and of losing 1/6 = 16. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. For odds of 300, you divide 100 by 400 to get 0. The Chiefs ended up winning the Super Bowl, and anyone that bet the Chiefs outright would receive a payout of 1:1, as indicated by the +100 odds, a $100 bet profiting $100. PLUS I want to add to this formula overall. 2, 1. The conversion from probability to odds is usually referred also as a risk to odds conversion. Get a breakdown on the public money for each team in the NFL, NBA, MLB, NHL, NCAAF, NCAAB and more. These numbers are not. 00000007151123842 = 13, 983, 816 1 0. 22, meaning a team or horse that’s 7/2 has an implied win probability of 22. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. 4. Convert your decimal, fractional and moneyline betting odds using our odds converter tool. 50 on the Leeds +4. OddsJam has the fastest updating odds so you never miss the best conversion opportunities. For example: A $100 bet at 1. 83 x $50 = $41. Add the positive sign, and we get +400. 15 in winnings). The potential winnings are $28. Low margins. 00. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. In reality the underdog not only covers, but. In order to cover the spread, the favorite has to win by more than the given value, for example a -2. Skip to content; Free bets, betting, odds comparison, racing results, football scores at Betrescue. You can compare all three formats using our free online odds calculator. 09. Most betting sites provide each odds option. e.