Betting Odds Converter
Betting Odds Converter | Betting Calculator
To use this simple betting odds calculator, simply type the odds in the format of your desire and select “Convert”. If you have troubles, try refreshing the page.
How to use the Betting Odds Converter-
Simply type in the betting odds in your desired format and the odds conversions will appear as you type.
There are 3 common ways in which bookmakers present odds, and these include –
Used in Ireland and the United Kingdom, fractions quote the potential profit should a bet win, relative to the outlay.
eg. if £100 is bet at odds of 2/1 the potential profit is £100 (£100 x 2) and the total returned is £200 (£10 0 plus the £100 stake).
Positive figures (+): The odds state the winnings on a $100 bet e.g. american odds of +110 would win $110 on a $100 bet.
Negative figures (-): The odds state how much must be bet to win $100 profit e.g. american odds of -90 would win $100 on a $90 bet.
Decimals quote the potential return should the bet win, relative to the outlay. For example if $10 is bet at odds of 2.00 the total returned is $20 ($10 * 2) the potential profit is $10 ($10 x 2 minus the $10 stake).
Odds correlate directly with probability – e.g a 2/1 bet is expected to win one in every 3 attempts, hence the probability is 33%.
Odds Converter Table By Type
Here is a table to give you an overview of how the Fraction, Decimal and American odds convert.