Supports EW, Dead Heats, Rule 4. 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). 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, 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). Be careful if you are using sports teams odds or betting odds. Betting Odds Converter. 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. If the odd is 1/2 (âone to twoâ, or âtwo to one onâ), the bettor would have £50 profit on a £100 stake. 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. 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. Convert from Fractional odds are simple as they show you the amount youâll win for a certain wager. Convert seamlessly between American, Decimal and Fractional odds â¦ For each-way bets select the tick box on the right of â¦ Talking about deriving a money line or odds directly from the spread. moneyline odds of 120 would win $120 on a $100 bet. For example a â¬1 wager at odds â¦ So if the odds are 6/1, a £1 bet would return £7 (including your £1 stake). Run Line Odds Calculator - â¦ At times, being able to convert formats can be extremely helpful, especially when switching to decimals when solving for implied probability. About Betrescue. Moneyline Conversion: Odds to Percentage Chart 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. Odds of 1/1 are also known as evens or even money. Itâs vital, however, to understand that regardless of the odds format presented, the probability is always the same. 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. Betting sites offer a number of different odds formats. Skip the math and easily convert odds between Fractional, Decimal and American format: Rate Alerts. This would be 3.00 in decimal odds, and 2/1 in fractional odds. Odds Converter - Convert to and from: decimals, fractions, american and implied probability percentages. $1 â the amount you wagered). High odds suggest a low probability of something happening, while low odds suggest a high probability of something happening. To use it, simply enter the odds you wish to convert in the appropriate box, and then click the âConvert Oddsâ button. To convert these odds to their respective implied probabilities we make a simple calculation. 2.35 + 1 = 3.35 A betting odds calculator and converter multiplies the stake by the odds to determine the potential profit on your sports betting wagers. Check today's rates. 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. 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. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. Convert stated odds to a decimal value of probability and a percentage value of winning and losing. Money Odds: (American) Odds Conversion Guide. Betting Odds Conversion Simply enter the odds into the box below and we will automatically convert it for you. Note: Please make sure that the odds that you enter follow one of the three formats listed below. On the flip side, you could bet a 3-point underdog at +135 to win outright, meaning you would wager $100 to win $135. 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. 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. 4 to 1) and percentage odds (e.g. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. The odds always stay the same; they are just represented differently. This means you would need to wager $164 to win $100 on that team. Moneyline to Decimal. Examples:-120: (100/120) = 5/6-300: (100/300) = 1/3. Convert between ratio odds (e.g. Set your target rate and we will alert you once met Decimal odds. 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? But you can try it out and give me your impressions. Odds Converter. 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. Currency Converter. To convert a positive odd, letâs use +235 as an example: Divide the money line by 100. For example, imagine a tennis player is +200 to win an upcoming match. Review historical trends for any currency pair up to the last 10 years. BTFOdds: Dropping Odds from all Events in the Next 72 Hours, Soccer, Tennis and Basket Dropping Odds. Equation to convert point spread to odds/moneyline? Knowing the corresponding money-line to point spread values gives bettors an opportunity to pinpoint underlays on the moneyline. ... DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. The odds converter tool in this page will convert odds from any of the three main formats into the other formats. Bet365 Live Streaming Schedule - Watch live sport including football and horse racing, T&Cs Apply, 18+. The implied probability for these odds â¦ They all reflect the same thing, the return you will receive on a given amount of money placed on a bet. 1.75 is the Decimal odds equivalent of 3/4 Fractional 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. American to Decimal conversion: There are two methods, one for positive (+) odds and one for negative (-) odds. Positive figures: The odds state the winnings on a $100 bet e.g. Only when you convert odds into their probabilities can you compare them. 235/100 = 2.35; Add 1 to the previous answer. Betting Odds Converter - Fraction to Decimal Convert those Betting odds from Fractions to Decimals or Decimal to Fraction using the chart below. 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. This is the easiest odds format to understand as the odds represent how much a 1 unit wager returns. 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 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. www.signupbonuses.co.uk - The latest welcome offers from bookmakers â¦ For example, the money line on a 3-point home favorite in the NFL would have odds like -164 to win the game outright. Decimal odds are a simple reflection of the return you will receive for each single unit placed. This calculator will convert "odds for winning" an event or "odds against winning" an event into percentage chances of both winning and losing. American sites tend to use Money line odds. It will also calculate the relevant implied probability too. Win % â Percentage of wins required to show a profit at a given money line. Negative Odds (â-â): Divide 100 by the moneyline and reduce to simplest form (100/moneyline) -> simplest form. A tool like our moneyline calculator can be a crucial component of a betting strategy when evaluating odds at sportsbooks that use different notations. If you searching to evaluate Convert Betting Odds To Money And Cox Plate Betting Odds price. Currency Charts. It is still in BETA VERSION and does not work 100% yet. 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. 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