Simply enter the odds as well as your stake. The implied probability, as well as your profit and total payout will be shown instantly!

How to Calculate the Odds?

The mathematical concept of odds is related to, yet distinct from the concept of probabilities. In simple terms, odds are a way of expressing the relationship between the number of favorable outcomes in a given situation versus the number of unfavorable outcomes.

Smarkets odds converter Smarkets’s odds converter converts decimal odds, American odds, fractional odds and percentage odds into your preferred odds format, so you can quickly identify the best odds across bookmakers and betting exchanges. SBD's Odds Converter. American American Style (eg. +110, -200) Decimal. Please check the online gambling regulations in your jurisdiction before placing any wagers with the betting sites advertised on SportsBettingDime.com, as they do vary. SportsBettingDime.com does not target. Equation: (numerator/denominator) + 1 = decimal odds Example: 6/5 is equal to 2.20. The rest of the world uses Decimal Odds, in part because it’s easier to convert them to implied probabilities than American Odds. Decimal odds represent the amount a bettor wins for every $1 wagered. And the number represents the total return, not just the profit like American and fractional odds. The Packers would be 1.714 in decimal odds as a -140 favorite in American odds. For every $1 risked.

How to use the Odds Converter?

To use the converter, just enter a value into any field. It will automatically convert the odds into all other formats.

What are Decimal Odds?

• Common worldwide, but mostly used in Europe.
• Represents the total amount you will receive if you win, including the return of your stake.
• For example, if you bet €50 with odds of 2.35, you will receive €117.50 in total if you win.

What are Fractional Odds?

• Mainly used in the UK and in international horse racing. Becoming less popular online.
• It tells you the profit relative to your stake if you win your bets.
• For example, if you bet £50 with odds of 4/1, you will receive £200.00 profit if you win.

Decimal Betting Odds Converter Tool

What are American Odds?

Decimal Odds To American Odds

• Used by most US bookmakers.
• Based on a straight single bet (on a single outcome, without a points spread).
• If the moneyline is positive, the quoted amount is the amount you would win on a $100 bet.
• If it is negative, the amount quoted is what you would need to bet to win $100.
• If it is negative, the amount quoted is what you would need to bet to win $100.