Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. For example, if $10 is bet at odds of 2/1 the potential profit is £20 ($10 * 2) and the total returned is $30 (£10 plus the £5 stake). A betting odds calculator and converter multiplies the stake by the odds to determine the potential profit on your sports betting wagers. Convert between ratio odds (e.g. To convert these odds to their respective implied probabilities we make a simple calculation. Otherwise, how would you possibly know that 6/5 fractional odds, 1.2 HK odds, 2.2 decimal odds, +120 US moneyline, 1.2 Indonesian odds, or -0.83 Malay odds , all stand for a 45.45% chance of success and 120% net return? This means you would need to wager $164 to win $100 on that team. This is the easiest odds format to understand as the odds represent how much a 1 unit wager returns. Odds of 2/1 (the way to say is âtwo to oneâ, or less commonly âtwo to one againstâ) imply that the bettor would have £200 profit on a £100 stake. For example, the money line on a 3-point home favorite in the NFL would have odds like -164 to win the game outright. About Betrescue. Talking about deriving a money line or odds directly from the spread. Convert stated odds to a decimal value of probability and a percentage value of winning and losing. High odds suggest a low probability of something happening, while low odds suggest a high probability of something happening. Betting Odds Conversion Simply enter the odds into the box below and we will automatically convert it for you. Betrescue.com is one of the worldâs leading gambling portals, offering free bets, odds comparison, live scores and results, betting tips, bookmaker and sports betting news, betting exchange, spread betting, mobile betting apps, casino and poker guides. Decimal odds are a simple reflection of the return you will receive for each single unit placed. Examples:-120: (100/120) = 5/6-300: (100/300) = 1/3. 235/100 = 2.35; Add 1 to the previous answer. Moneyline Conversion: Odds to Percentage Chart It will also calculate the relevant implied probability too. Odds Converter - Convert to and from: decimals, fractions, american and implied probability percentages. To use it, simply enter the odds you wish to convert in the appropriate box, and then click the âConvert Oddsâ button. 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. They all reflect the same thing, the return you will receive on a given amount of money placed on a bet. I've seen a couple of different tools online (like this one) plus different tables ... That is just a simple Money Line conversion into different odds formats. This odds calculator and converter will convert lines offered by your sportsbook and sports betting sites to the major betting formats: American, Decimal, Fractional, Hong Kong and Indonesian Odds and Implied Probability. American sites tend to use Money line odds. Supports EW, Dead Heats, Rule 4. At times, being able to convert formats can be extremely helpful, especially when switching to decimals when solving for implied probability. Currency Converter. Check today's rates. Money Odds: (American) Odds Conversion Guide. On the flip side, you could bet a 3-point underdog at +135 to win outright, meaning you would wager $100 to win $135. If fractional odds are the most popular and traditional odds format, decimal odds â¦ Review historical trends for any currency pair up to the last 10 years. Be careful if you are using sports teams odds or betting odds. To convert a positive odd, letâs use +235 as an example: Divide the money line by 100. Convert from The +140 American odds convert to 2.40 decimal odds, 7/5 fractional odds, 1.40 for Indonesian/Hong Kong odds, and -0.7143 Malay Odds. To convert moneyline odds to decimal, if the moneyline is positive, divide by 100 and add 1. Rate Alerts. moneyline odds of 120 would win $120 on a $100 bet. 20%) using this free poker odds converter tool. TIP : Did you know that most online bookmakers allow you to select either the traditional Fractional odds or the Decimal equivalent when viewing their available books. Itâs vital, however, to understand that regardless of the odds format presented, the probability is always the same. Betting Odds Converter. Being able to convert fractional, percentage and American betting odds into decimal odds is vital when comparing prices quickly across online bookmakers and exchanges. If the odd is 1/2 (âone to twoâ, or âtwo to one onâ), the bettor would have £50 profit on a £100 stake. Note: Please make sure that the odds that you enter follow one of the three formats listed below. For example, you would need to win 80% of all of your bets just to break even if you only bet on -400 money line favorites (over 80% to turn a profit). Even money shots indicate that there is a 50% chance of success and in theory could be expressed as -100 or +100, as ultimately $100 staked at these odds equals $100 profit. ... DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. To convert positive moneyline odds, the equation is: (Moneyline odds/100) + 1 = Decimal odds It is still in BETA VERSION and does not work 100% yet. BTFOdds: Dropping Odds from all Events in the Next 72 Hours, Soccer, Tennis and Basket Dropping Odds. Odds Converter Our Odds Converter is a tool that allows you to quickly convert fractional, decimal, and moneyline odds as well as displaying the probability of the outcome. Win % â Percentage of wins required to show a profit at a given money line. 4 to 1) and percentage odds (e.g. To keep all of you from having to to worry about all of that, I am creating this tool to help you convert those moneyline odds and see if there is value betting on the runline. Odds of 1/1 are also known as evens or even money. Run Line Odds Calculator - â¦ Read about US Moneyline odds â¦ Fractional odds are simple as they show you the amount youâll win for a certain wager. Knowing the corresponding money-line to point spread values gives bettors an opportunity to pinpoint underlays on the moneyline. Betting sites offer a number of different odds formats. The odds always stay the same; they are just represented differently. In other words, odds of 1.65 means that for every 1.00 you place on a particular outcome, you will receive a profit of 0.65 should that outcome prevail. The implied probability for these odds â¦ This would be 3.00 in decimal odds, and 2/1 in fractional odds. So if the odds are 6/1, a £1 bet would return £7 (including your £1 stake). 2.35 + 1 = 3.35 American to Decimal conversion: There are two methods, one for positive (+) odds and one for negative (-) odds. If you searching to evaluate Convert Betting Odds To Money And Cox Plate Betting Odds price. www.signupbonuses.co.uk - The latest welcome offers from bookmakers â¦ $1 â the amount you wagered). For each-way bets select the tick box on the right of â¦ Bet365 Live Streaming Schedule - Watch live sport including football and horse racing, T&Cs Apply, 18+. Currency Charts. The odds converter tool in this page will convert odds from any of the three main formats into the other formats. To convert your odds to implied probabilities or an implied probability to odds, you can either use our odds conversion calculator or do it by hand with the formulas provided below the calculator. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. Betting Odds Converter - Fraction to Decimal Convert those Betting odds from Fractions to Decimals or Decimal to Fraction using the chart below. Odds Converter. This calculator will convert "odds for winning" an event or "odds against winning" an event into percentage chances of both winning and losing. Simply enter your stakes and odds, and our tools will tell you how much profit you should expect to receive using American, fractional or decimal odds. While it is valuable to understand what betting odds represent and convert between American odds, Decimal odds and Fractional odds in your head, our Odds Converter Calculator conveniently does it all for you. Negative Odds (â-â): Divide 100 by the moneyline and reduce to simplest form (100/moneyline) -> simplest form. Only when you convert odds into their probabilities can you compare them. To convert decimal odds to fractional, subtract 1.00 and then find the nearest whole integers (so 3.75 - 1.00 becomes 2.75/1, or 11/4). Positive figures: The odds state the winnings on a $100 bet e.g. A fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager (in addition to receiving your dollar back, i.e. Decimal Odds â Decimal Odds, also referred to as European Odds, are used in most European countries and are the default option of many Asian bookies as well. Convert seamlessly between American, Decimal and Fractional odds â¦ Equation to convert point spread to odds/moneyline? For example a â¬1 wager at odds â¦ For example, imagine a tennis player is +200 to win an upcoming match. 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