Implied Probability = (1 / Decimal Odds) * 100% 3. Fractional Odds Fractional odds are commonly used in the UK and Ireland. Conversion Formulas: From Decimal to Fractional: Fractional Odds = (Decimal Odds – 1) / 1 (then simplify the fraction) ...
Our free odds calculator will help you convert American, Decimal and Fraction odds while also getting implied probability and calculating moneyline payouts.
The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets.
Multiplying this fraction by the stake gives us the net return. How do I calculate the decimal odds of a bet? To calculate the decimal odds of a bet, you must know: Cs - The chances of success; and Cas -The chances against success. To find the decimal odds, apply the formula: odds...
Although the types of odds can vary according to how the books display the moneylines, sports betting lines in general can be configured in whatever way of the three (American, fractional, or decimal) is more familiar to the customer. So, whether you are betting on a heavy favorite or a...
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