To find the probability, just divide 1 by the number above, and you will get: 0. Odds of -330: Decimal odds = 1. If you enjoy betting on football (on. 00, the payoff is £400 for every £100 staked. But with both prices fairly close to an even return, this game is seen as a near toss-up. 00, you minus 1 from the decimal and then times the answer by -100. With no odds your expected loss is $10 x 1. 1/3 = 1. Venera. 20 plus the original $1 stake. You must add a positive sign to the result to get the correct moneyline odds. Money Open Circa SuperBook South Point Draft Kings Caesars BetOnline Heritage Bookmaker Consensus [-] NFL WEEK 12 - Thursday, November 23rd. Convert your hand history into forum code, plain text or review your hand with our replayer. 1 - 1) * 100 = +110 Converting decimal odds for favorites to American odds For the favorite (odds of below 2 and greater than 1) we use the following formula: -100 /. Convert Money Lines to Percentage. Review. In other words, if a wager is -200 odds, a bettor must place $200 to earn $100 profit. Our betting odds calculator allows you to see what 1. A $300 bet at 1/3 odds would win $100, for a total payout of $400. e. 0. As you can see, there’s a difference of 20 between the two values (105 and 125). In each case, the bettor would risk $100 to win $600. g. 2nd. Example: 10/11, 3/1. The implied win probability of +10000 odds is 0. To convert American odds to decimals, you simply carry out the reverse calculations. . 00 or . This means you would need to wager $184 to win $100 if you bet on that team to win. In this case, the profit would be $5 ($15 – $10). 5. When Betting an Underdog:. See the odds any way you like. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83. Much easier to know who the favorites are, who the underdogs are, and how much you’ll. American, decimal, fractional odds, and implied probability can be calculated. 15 back ($10 bet + $6. Example for 2. So for positive odds, you divide by 100 and plus 1, and for negative US. 8%. The odds converter also displays the implied probability. 00000344%. are favored to wrestle back the crown they earned in '18. How to Calculate Odds The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. Learn how to bet on sports by using our betting odds, odds value, odds converter, and hedging calculators to get all the data you need to make the right wagers. Test the Odds. Like most things in the gambling world, the whole point is to turn a profit. 51/+123. The Single Bet Calculator can display the payouts on offer from a single stake once the user has inputted the odds of this bet stake and the value they are placing on this bet. Including Odds Calculators and Super Bowl Bet Calculator specially designed by SBR betting experts. g. “The odds on winning a £25 prize were 71,000-1 but have. The yellow fields above are input cells. Team B: 330 / 100 = 3. 50) Fractional to Decimal: Fractional = decimal – 1 (expressed as a fraction. Welkin Moon. I promised converting decimal odds to implied probabilities was easy. Fractional Odds. 14 per. Spreads. When calculating American odds for minus odds wagers, you are calculating the odds for favorites, which returns less than even money in profits. Chances are you’re already familiar with the point spread. 2023-24 NBA Championship Odds: Celtics, Nuggets, Bucks Atop The Board. 51. Profit = 13750/100. It’s helpful as most bookmakers will offer their. 10 , then the odds are 0. For example, if the chances of a horse winning are 4. Hong Kong Odds Explained. i. You can compare all three formats using our free online odds calculator. Moneyline uses American odds, which are set by sportsbooks in a way that tells you how much money you would make based on a $100 wager. However, a team with -220 odds would require a $220 bet to return a profit of $100. Over 216 (-112) at $50. 03. The Oilers have odds of 2. All you need to enter are the American odds of a bet (either by using the slider or entering the value in the field) and the bet. 00 is the same as 4/1 fractional odds (which would also return $5 to you for a dollar bet: $4 profit + $1. Expressed as a multiple of the original stake. 3. This odds format (also known as HK Odds) works the same as Decimal Odds, but does not include the stake. The Moneyline odds show how much you need to bet to win $100 (if Moneyline is negative) or how much you would earn if your stake were $100 (if Moneyline is positive). American, decimal, fractional odds, and implied probability can be calculated. Easily convert betting lines to fair odds, helping you make more informed decisions, maximize value, and optimize your sports betting strategy. Is Odds Converter and Bet Converter the same? Yes. You need to take the presented odds, and divide them by the odds + 100. 75 - 1. 20. u 235. If there are $12 in the pot and it costs $4 to call then you are getting 3:1 odds ("cost to stay in"). Positive odds show how much you’ll win on a bet of $100. 5 -115. A moneyline is simply a bet type that only includes odds, as in “odds to win”. For example, staking £5 at decimal odds of 11. Like fractional odds, they do not include your stake, so add this back at the end. For example, with -160 odds, calculate as 100/160, and reduce to 5/8 fractional odds. A free tool for bettors to convert odds between formats and calculate the payouts of their wagers. Simply follow these steps: Step 1: Input your odds. 99%. The odds converter also displays the implied probability. 5 x -100 = -200. 40, think 240%. 5/5: States available: 46 (ID, NV, NY, WA restricted)Likewise, a $10 wager on odds 1. For every $1 wagered, the bettor profits 71. Amount. odds / (odds + 100) * 100 = implied probability. Negative odds in the Indonesian format simply show how much money you must risk in order to win one unit. To do the math: convert the odds on your lines to decimal format (or simply use our odds converter ). No matter the outcome you would net $80 (Free bet wins = $300 minus $220. It will literally get the job done for you on 4 steps as described below: Enter the original odds into the corresponding cell of the Odds Calculator. You can use our odds calculator to assess implied NFL odds. This site is strictly for educational and informational purposes only and does not involve any real-money betting. 8 on the favorite and a moneyline price of +225. Let’s use Super Bowl 57 as an example. Here is a simple example of win odds calculation: Total pool: $900. 0 would return 11. When Betting a Favorite: The odds for favorites will have a minus (-) sign in front, and indicate the money you need to risk to win $100. Fractional Odds e. 0 would return 11. Point spread: Rather than betting on either side to win or lose, you’re betting on. Example: You bet on the Giants to beat the 49ers at odds of 2. A sports betting arbitrage calculator, or hedge bet calculator, shows you how to hedge a bet for a profit and lock in a risk free return. 00 for a $5. It makes the perfect sports betting calculator, putting odds into your preferred format and telling you exactly how much you can potentially win. If, on the other hand, instead of knowing. 2, 1. 16. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e. Only deposits made via Cards will be eligible for the promotion (Apple Pay excluded). The British. All you need to do is input the back stake, the bookmaker back odds, the exchange. Our odds value calculator is also known as the EV (expected value) calculator. Luckily, we have developed a converter. -10. Enter the details and the betting calculator will predict your earnings and show your anticipated profit. 00. And 4. The +200 means bettors will make twice their investment in profit i. 0. The money line adjustment factor for the favorite (in the case of a spread bet) or the over (in the case of a total bet). If it’s greater than or equal to 2 you multiply the decimal odds minus one by 100. To easily convert odds, in any format, into implied probability, you can useE. 30. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. Those probabilities add up to 100%. +150. 5 +450: 4-7: 5-5-1: 6-5-0: 18. See More. 65% (European) and 47. So whether you want to convert decimal to American odds or change all of your odds to fractional, our odds converter betting tool will do all the hard work for you. Choose the amount of money you want to bet. 00000007151123842 = 13, 983, 816. ODDS. The “fair” win probability for the above example is that Ohio State should win the game 62. 97, for a stake of $100, you stand to win $597 ( 6. If the punter is going for a favourite team, the odds will be represented in negative with a minus sign. 0 x 5, or £55 in total. The moneyline calculator formula for negative odds is (100 / odds) x $50. The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. The first is for when the decimal odds are greater than 2. The calculator will automatically update to show you the decimal odds (3. The Stars are 1. Disclaimer: This website does not offer real money gambling, prizes, or simulated gambling. Enter the original value. 40/1. 303 (instead of 1. Say you find a market you like to place a $10 bet on, and most sportsbooks offer the bet at -110 ($10 bet profits $9. Example: Converting -110. Money Risked * Odds = Total Payout. Parlay Calculator Betting Splits Pro Tips Betting Guides Odds By State. For example: 10/1 odds would be winning $10 for every $1 you bet. Odds Converter is a free tool to convert fractional, decimal and moneyline odds. Reply replySince the line is a negative number, I divide by -100 to get the positive answer. Learn how free bet conversion works, how to use OddsJam’s Free Bet Conversion Tool to convert your promotional free bets or risk free. Simply follow these steps: Step 1: Input your odds. Money Discrepancies. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. Here’s how the two bets payout separately with a $100 budget: Iowa moneyline (-177) at $50. If you bet $100 on the Giants and they win, you win $150. 91 x 2. This odds format (also known as HK Odds) works the same as Decimal Odds, but does not include the stake. If the Houston Astros are listed at odds of 6/1 to repeat as World Series champions, that would convert to +600 in American odds. 00. Let’s see if we can help a few basketball bettors track the movements of the NBA Championship odds. 33. 5-1) = -200. Most gamblers assume that when a team has been favored at 3. 1: $300. Use our odds converter to read any bookies betting markets. The left chart is to be used for favorites, and the right for underdogs. a $10 wager will return a $20 profit. The most common juice you will see is -110 on each side, but that is not always the case. Home Odds By State NFL Odds MLB Odds NBA Odds. For example, the money line on a 3-point home favorite in the NFL would have odds like -164 to win the game outright. $1,500 in Bonus Bets. 80, think of this as 180%. While this is a perfectly good fraction, bookmakers never use numbers with decimal points in fractionals. PinnacleFree matched betting calculator and odds converter available with Team Profit. Bet Amount. If you place that $100 free bet on the Over 50. Betting Calculator Parlay Calculator. The standard exchange rate of the US Dollar to Eastern Caribbean Dollars is USD 1 to $2. But this isn't perfect and I can't edit the format to round or be currency. Use this odds calculator for all types of bet, including each way bets. Stats. Supports single bets only. 5 – 1) * 100. g. 1: (2. Then it would be a matter of setting the spread odds as -110 for either team, and you’d enter 7. So the calculation for decimal odds of 1. 000, but you can still do a rough conversion in order to have a sense of the nearest fractional odds. , 3/1 times 100 equals 300). EUR – Euro. Using the same example above, your max potential winnings from the free bet risked on the longer odds is $225. Gambling Calculators. 20). 25 or 25%. If the American odds are positive, you would divide by 100 and add 1. 30, 3. Betting Odds Calculator: Calculate the payout of your bet based on the amount wagered and the odds. Over/Under Calculator. Place the free bet on the free bet sportsbook (be sure to select the free bet when placing the bet in that book). For instance, if the. The team would win 5 out of 6 games and lose 1 of them. 54%. Current Pity. It can be a daunting task to calculate poker odds, especially with so many variables involved, but our Poker Odds Calculator simplifies the process for you. 8 on the favorite and a moneyline price of +225. €1. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. Simply fill out the bet amount and odds in any one format and our calculator will show you the results!For example, a favorite of four points in the NBA might have a money line of around -184. 5-110. Skip to content; Free bets, betting, odds comparison, racing results, football scores at Betrescue. 40 – 1 = 2. The opposite, Plus American odds, means that the odds are not even money anymore. In order to compare odds, you need to be able to convert them into implied probabilities and their net returns, because this is the foundation of all odds in the market. Step 2: Input the amount of money you want to stake. Simply follow these steps: Step 1: Input your odds. In the above scenario, the Mets are the favorite as indicated by the minus (-) sign and it would take a wager of $210 to win $100. Multiplying 1. All the information you need to convert your promotions is available in a simple summary. Moneyline (or American) odds are popular among the United States bookmakers. You can convert over 140 currencies quickly and easily. Converting odds into probability, we divide the odds by 1+ the odds e. In this instance, you’d win $7 total. In this case, you have it correct: 1 0. 49 (330) €16. 50 – 1 = 0. Bet Amount. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter. 00 profit (50% return). g. Compare NBA odds & betting lines Nov 22 to find the best Basketball moneyline, spread, and Over/Under totals odds from online sportsbooks. But if you make the pick on Fliff instead, you win $145. Note 1: The calculator accepts US or decimal odds. T&Cs apply. To convert American odds (including -110) to other odds formats and to calculate your payout, use our handy and free odds calculator and converter. Betting Odds Calculator. 85), fractional odds (57/20), and implied probability (25. That's why having the best odd available is a key principle for making money with sports bets. 10. Understand that fractions greater than one mean a team is an underdog. Over the years, we’ve been adding timeless strategy articles to help you learn poker. Here, you’d just input the information into our betting odds converter. Green Bay Packers. Lucia will accept other foreign money, such as the Euro Dollar,. On the other hand if it’s less than 2 you divide -100 by decimal odds minus one. , 400/100 is the same as 4/1. Odds of +120. We primarily use American odds because the majority of betting sites use them, especially when displaying moneyline odds. 91 634935 Euros. 366 USD. Then you will subtract your $10 wager. Deposit and bet on any sports with min odds of 2. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied ProbabilityOur betting odds calculator can show you your expected payout based on your bet amount and odds, as well as what your odds are in other formats and your implied probability of winning. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. For example 12/5 is 12 divided by 5, which equals 2,40; If you bet £50 on 12/5 you stand to profit £50*2,40=£100 if your bet wins. 79% for European and American Roulette, respectively. The sharpest sportsbook in the world has Rams -105 moneyline odds and their opponent moneyline -105 odds as well. Quickly and easily convert odds to fractional, decimal and American formats. 67 worth of winnings. 5. Decimal odds, most popular in Europe, are fairly straightforward. That means that 5. Converting American odds into fractional odds is simpler. Set rate alerts for GBP to EUR and learn more about British Pounds and Euros from XE - the Currency Authority. g. For example, for a wager of $11 at decimal odds of 3. The Oilers have odds of 2. Any odds with a plus sign (like +150) means you'll win more than you risked — a $100. 100% Free Online Poker Hand Replayer How to use CardsChats’ Poker Hand Converter & ReplayerHow does the Arbitrage Calculator work? Our arbitrage calculator allows you to enter the odds of two (or more) different bets to determine how much you should stake on each to guarantee a profit. betting the $10 on the Pass Line andtaking no odds. Use our odds converter to read any bookies betting markets. exist to make money. Fractional odds express the net return (in fractional form) from a winning 1 unit bet. Odds Formats. 0 x 10 = 90. To calculate returns using decimal odds just multiply the stake by the decimal odds, the resulting number includes your initial stake. 5. 16 would guarantee only a very small overall loss. Seen in Businessweek. Football; Horse Racing; Make Money Online; Side HustlesScroll up to find this year’s full list of boxing markets and start finding those value boxing picks using our boxing odds calculator. You would see the following information as a result. In order to cover the spread, the favorite has to win by more than the given value, for example a -2. 2 = 12/10 = 6/5. Odds Shark is the global authority for betting odds, tips and picks across sports, poker, casino games, politics, entertainment and much more. What this means is that you would win $150 for every. Implied win probability = 76. One of the first reasons is because the sportsbook has to make money. Decimal odds They represent the amount of money that will be returned to a bettor if they win their wager. Divide the odds by 100, and then reduce it to its simplest form, e. 00 is the same as 4/1 fractional odds (which would also return $5 to you for a dollar bet: $4 profit + $1. College football spread betting has been around since the 1940s; spread bets like Alabama -20. This is because there would be something like a 50% chance of the Packers or the Chiefs winning. Call 1-800-GAMBLER. The data will be updated in the Football Odds Converter. Accumulator bets enable customers to win large amounts of money from betting a small stake on the outcome of several matches, with a bigger potential return coming from including more selections on your bet. Use our currency converter to convert over 190 currencies and 4 metals. 33 in decimal odds. Odds Shark has the latest NCAAB odds and college basketball lines for every game on 07-10-2023. 33%, and of losing 1/6 = 16. A -135 favorite means you must risk $135 to win $100 from the sportsbook. A sportsbook will set the odds for a preferred total score of points added up by. (y – 1) x 100. OddsJam offers the sharpest sports betting tools on the market by analyzing 1M+ odds per minute from over 100 sportsbooks to identify profitable betting opportunities in real time. 4% / 104. Stats. An odds calculator is easy to use. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. Different sites have these odds converters to aid players in making better betting choices. To Fractional. Calculate the implied probability given odds and determine the payout and potential winnings from a bet. Odds converter to use the converter, just enter a value into any field. You might see -110 rendered as 1. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. 91 in decimal odds. Just enter the bet type from the options on the drop-down menu below. OddsJam has the fastest updating odds so you never miss the best conversion opportunities. 5 are now the most popular wagers on the market and they’re easy to figure out. 1:20. In addition to standard casino games, I have. An odds converter is a tool used to interpret and evaluate odds offered in various formats, including decimal, fractional, and American. However, in the next column — the puck line column — you have the option to bet on whether the Capitals will win by more than one goal (or, on the other side. For example, if we have a Moneyline of -400, we would have the following calculation: (400 / (400 + 100)) * 100 = (400 / (500)) * 100 = (0. Poisson. 5% Negative Formula: ML / (ML - 100) Example: Money. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. Odds Converter. Get Started Today! New users get a 2 day free trial + $30 off your first month!Place: 10 divided by 5 is 2/1, so the Place bet pays £5 at a price of 2/1, returning £15 – £10 profit and your £5 stake returned. Depth Charts. Underdog Spread Odds = -110. If you want to learn how to convert fractional to positive American odds, all you have to do is take the value of fractional odds and multiply it by 100 (e. Trusted by independent bookmakers and punters to work out returns, you can be sure that the. 2 on the underdog, based. For instance, the Boston Bruins have odds of +175 to win an NHL game. 50 on the Leeds +4. In this example, EUR is the base currency and USD is the quote currency, and what it means is that one euro is worth $1. A positive value of +500 says you’ll win $500 for every $100 staked. For customers in the UK, TSE Malta LP is licensed and regulated by the Gambling Commission, Licence Number: 000-039561-R-319411-005. In matched betting you cover all potential outcomes of a sporting event. Our betting odds calculator can show you your expected payout based on your bet amount and odds, as well as what your odds are in other formats and your implied probability of winning. At OddsMonkey, you can use our free matched betting calculator to work out how much money you need to stake on your lay bet at the betting exchange to earn a profit. Let’s look at an example. Favorites to win the World Series. 15 in winnings). To convert moneyline odds to decimal, if the moneyline is positive, divide by 100 and add 1. With decimals you can see that your stake is included in the figure. But in sports betting, it’s different. 1 EUR = 1. And with moneyline odds of +200, Los Vikingos are the underdogs with a 27 percent shot. We break down the action across every major event, specializing in football with betting lines, props and previews for NFL and college football fans alike. Divide 100 by negative odds and add one for negative American odds. 74 by a $50 bet yields $87, and subtracting the stake. The content provided on this website is intended for informational purposes only. 5. For example, you would bet that the Lakers would beat the Suns by 10. The winnings you would receive from a bet is calculated by multiplying your stake by the odds. The first is for when the decimal odds are greater than 2. The PokerNews Poker Odds Calculator is very simple to use: Choose your cards;. T&Cs apply. This means you would need to wager $164 to win $100 on that team. With the FTNBets odds calculator, quickly calculate or convert odds into American, Decimal, or Fractional formats to help you bet on sports.