How to use decimal odds to calculate the profit that a bookmaker has factored into a particular market (the overround), how to convert old-style fractional odds into decimal odds format and how to use decimal odds to help you take a dutching approach to
Going from decimal to fractional odds is fairly straightforward. You simply subtract one and convert it to a fraction. Example of 3: 3-1 =2, which converts to 2/1 From American You again have two different ways to convert American odds. One for positive and one for negative. For positiv...
Implied Probability = (1 / Decimal Odds) * 100%3. Fractional OddsFractional 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)...
Start by subtracting 1 from the decimal odds, and then convert this decimal to a fraction. Once you’ve completed the first step, it’s just about simplifying the fraction to its lowest form. Putting this into practice, if we start with decimal odds of 2.50, we then subtract 1 which wou...
Hong Kong odds are similar to the decimal format, but they do not include the return of your stake. Decimal odds of 1.80 therefore become 0.80 in Hong Kong style, while decimal odds of 3.00 become 2.00 in Hong Kong style. It essentially represents the number of units that would be collect...
DecimalFractionUS 1.501/2-200 2.001/1+100 2.503/2+150 3.002/1+200 Odds Conversion FromToFormula DecimalFractionalx-1 , then convert to fraction DecimalUS100*(x-1) if x>=2; -100/(x-1) if x<2 FractionalDecimaldivide fraction, then x+1 ...
How to calculate odds Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. The team would win 5 out of 6 games and lose 1 of them. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83.33%, ...
In fractional form, odds of one out of five would be represented as the fraction "5/1", read "five to one". These are called "British" or U.K. odds and can be more intuitive than American or decimal odds since they tell you how much one stands to gain for a given amount bet. ...
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...
Sports betting odds calculator is a great tool for handicappers. A betting odds calculator to help you convert American, Decimal and Fraction odds & playouts.