Decimal to american odds formula

When converting from American odds to a percentage you have a different formula if the number is positive or negative. Decimal to american odds formula positive you use ( / (American. Using this Calculator · American odds: American odds are centered around $ · Decimal odds: Decimal odds represent the total return of your bet, including what. To convert American odds to decimals, you simply carry out the reverse calculations. So for positive odds, you divide by and plus 1, and for negative US. If Decimal odds are less than American Odds = / (Decimal Odds – 1). Convert Odds From Fractional to American: If Fractional odds are greater than 1.

Odds Conversion Formulas

What is 1.57 in American odds? The implied win probability of 1.57 odds is 63.69%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter. Decimal Odds of $1.57 when converted to American odds are -175 and when converted to fractional odds are 57/100.

What is American odds in decimal? How do you convert American odds to decimal? If the American odds are positive the formula is as follows: (American odds / 100) + 1 = decimal odds. If the American odds are negative, the formula is as follows: (100 / American odds) + 1 = decimal odds.

What is the formula implied probability to American odds? For American odds, the equation is different for favorites and underdogs. For favorites, it's odds/(odds + 100) x 100. So if a team is -200 it would be 200/(200 + 100) x 100. That equals 66.66, meaning the implied win probability of a -200 favorite is 66.7%.

How to calculate American odds? For decimal odds of 2.00 or greater, the formula is as follows: (decimal odds - 1) * 100 = American odds. For decimal odds between 1.01 and 1.99, the formula is as follows: -100 / (decimal odds - 1) = American odds.

What are American odds vs decimal odds? The American odds aren't as bad because if you're betting $10 you just have to divide the odds by 10 to get the profit, which is simple enough in this case. Technically, the decimal odds require the same amount of math as the American odds because you're simply multiplying the odds by $10.

What is 2.40 in American odds? The implied win probability of 2.40 odds is 41.67%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter. Decimal Odds of $2.40 when converted to American odds are +140 and when converted to fractional odds are 7/5.

How do European decimal odds work? European decimal odds represent the amount the bettor could win for every $1 they wager. Depending on the negative or positive sign, American money line odds either indicate the amount one needs to wager to win $100 or the amount one would win for every $100 staked.

How do you convert decimal odds? For conversion of fractional odds to decimal take the first figure and divide it by the second figure then add 1.00. So 1/2 becomes 1 ÷ 2 + 1.00 = 1.50.

What is an example of an American odds? Moneyline odds are presented in American odds format. For example, if the odds for a game are -150 for Team A and +130 for Team B, this means that Team A is the favorite and you would need to bet $150 to win $100. Team B is the underdog, and you would win $130 if you bet $100.

What is 1.83 in American odds? The implied win probability of 1.83 odds is 54.64%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter. Decimal Odds of $1.83 when converted to American odds are -120 and when converted to fractional odds are 83/100.

How do you convert decimal odds to probability? To Convert Decimal Odds to an Implied Probability Percentage, (divide 1 by the decimal odds) and multiply this by 100.

How are American odds calculated? For positive odds, simply divide by 100. Therefore, American odds of +300 become 3/1 (300 / 100). For negative odds, the calculation is -100 divided by the American odds. Therefore, American odds of -300 become 1/3 (-100 / -300).

What is 200 odds in decimals? 3.00

What is 1.50 decimal to American odds? Odds Conversion Table

Decimal Odds in Sports Betting, Explained

Odds are the lifeblood of sports betting, because they tell you 1 how likely the thing is and 2 what your payout will be if you do place the bet. The odds that a sportsbook offers you is directly related to the implied probability of that outcome happening. If you find a bet where the implied probability of an outcome is lower than the true probability, that's a bet you want to make.

There are eight total fields on this calculator, though you only need to fill out two , and the rest will auto-populate. Now, you only need to fill out one of these four fields to populate the rest of the calculator. If you enter the American odds, the rest of the odds types will be filled out, plus the payouts. Lastly, you'll get the "to win" amount and the total payout at the bottom.

These will auto-populate, and you can't edit them. This is the money you stand to win from the bet you entered. When you decide to bet on something, it is important to have a grasp on a few things. These are listed below:. Implied odds and true odds are important in determining if you are making a bet that has good value.

You can use our odds calculator above to calculate the implied odds of a given bet as long as you know the odds of the bet. Implied odds are the conversion of a sportsbooks offered odds into an implied win probability. A spread bet in football is normally offered at on both sides of the bet.

This gives both outcomes a win probability of The implied probability of this spread bet winning would be True odds are the odds that a bettor gives a certain outcome to happen. Let's use the above bet of for both outcomes on a NFL spread bet. We know that both outcomes have an implied probability of If that same outcome has a true probability of This seems easy, but how do you find true odds?

Essentially, true odds are subjective. An American moneyline at is 1. Decimal to american odds formula In decimal odds, Miami will be 2. In decimal odds, that would be 1. If you would like to learn more about betting on football, here is a recommended resource list to help you bet smartly:. The biggest reason to switch to decimal odds is because the conversion to probabilities is so easy.

It's the same whether you're working with an underdog or favorite. Converting American odds to implied probabilities requires slightly different formulas for favorites and underdogs. For example, an NFL point spread at is 1. That will become second nature quickly. But at first, you'll need to do some conversion, especially for favorites. You can use our odds converter , or do it by hand.

If you still want to use American odds but only see a line in decimal odds at a European sportsbook, you can make the conversion. In our Bills-Dolphins example, you'd plug 2. It's usually in the top right corner once you're logged in. As widely used in much of Europe and around the world, prices in decimals tell you what you stand to win if your bet is a successful one, including the stake being returned to you.

Although it takes a while to adjust from thinking in fractional odds to decimals they are becoming increasingly popular as they accurately convey to the punter the exact return they stand to walk away with if their selection comes in. Decimal odds provide purer calculations and are increasingly common on online platforms as bookmakers cater to ever growing international audiences.

Decimal odds are also frequently used on betting exchanges. Follow the patterns of typical decimals odds such as 4. You can always use a bet calculator or an odds conversion table like the one we include below to cross reference prices if you are unsure.

As you might guess from the name this format is most popular in North America. Remember though, is evens, so your returns are exactly double what you put down. With any negative moneyline figure beyond the price is odds against and you stand to make less profit than the stake amount.