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Decimal odds are displayed as a number greater than one, usually with up to two decimal points 1. Error Total Payout? This is the amount you will receive if you win your bet original wager amount plus profit. More betting tools: Parlay Calculator Understanding betting odds The way sports betting odds are presented can differ between American, Fractional, and Decimal. While they all mean the same thing, understanding how they work with your wager can be tricky.

Use our betting odds and moneyline calculator tool above to convert these odds and learn more about them below. Bets with higher implied probability are given a higher negative value. Bets with lower implied probability are given a positive value.

Decimal odds explained Decimal odds are the preferred variation for most countries outside of the U. Instead of using positive and negative values or fractional equations, decimal odds display a simple value that you multiply your bet amount by to calculate your profit money won and overall return profit and original risk amount. Fractional odds explained Fractional odds are most common in horse racing and futures markets. You can also define your odds conversion to a specific bet amount to see your expected profit if that wager should win.

Odds with lower implied probability have larger risk and therefore pay out more compared to odds with higher implied probability and lower risk. FAQs How do you convert American odds to decimal? They tell you the return you should expect to receive based on your bet amount if your bet pays off.

The figure includes the profit you stand to earn plus the return of your stake. You multiply your stake bet amount by that figure in order to calculate your potential return. Decimal odds of 1. Decimal odds make it easier to work out the profit you stand to earn on a parlay. You can simply use our parlay calculator , which does all the hard work for you, in decimal odds or American odds, but if you prefer to work it out manually, you will need to convert the betting odds to decimal format first.

Fractional Odds Fractional odds are also known as traditional odds. They are widely used at sports betting sites in the UK. In the US, you generally see the fractional format used at race tracks, as opposed to American odds. It therefore helps to be able to convert fractional odds to American odds if you generally prefer to use American odds. Fractional odds are quoted as a fraction indicating the amount that would be paid out relative to a given stake.

If the fraction is smaller than 1, it is known as odds-on. Calculator users will notice that odds-on is the same as negative in American odds. When you see fractional odds, the number to the left of the slash tells you the amount you will win by risking the number to the right of the slash. Hong Kong Style Hong Kong odds are similar to the decimal format, but they do not include the return of your stake. It essentially represents the number of units that would be collected in excess of the initial stake were the bet to be successful.

Indonesian Style These betting odds are very similar to US odds. Therefore, US odds of become It means that Indonesian odds are identical to Hong Kong odds when they are positive. You can play around with the betting odds converter to find several examples. Malay Style These betting odds are quoted as a number with absolute value no greater than 1. When Malay odds are positive, they are interpreted in the same manner as Hong Kong odds. If you see Malay odds of 0.

When quoted as a negative number, the odds figure represents the unit amount a bettor would need to risk in order to win 1 unit. Therefore, Malay odds of Implied Probability The calculator will always display the implied probability of success that each set of odds represents.

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You then multiply the top and bottom numbers by ten until there are no decimal places left. For example, to convert odds of 1. Converting American odds to fractional odds requires the reverse calculations. For positive odds, this means multiplying the odds by , converting the answer to a fraction and then reducing the fraction to its simplest form. To convert negative US odds, you divide by the odds, turn the decimal into a fraction and then reduce to its simplest form.

For decimal odds of 2. So for decimal odds of 3. So the calculation for decimal odds of 1. You then multiply the top and bottom numbers by ten until there are no decimal places left. For example, to convert odds of 1. Converting American odds to fractional odds requires the reverse calculations. For positive odds, this means multiplying the odds by , converting the answer to a fraction and then reducing the fraction to its simplest form. To convert negative US odds, you divide by the odds, turn the decimal into a fraction and then reduce to its simplest form.

For decimal odds of 2. So for decimal odds of 3. So the calculation for decimal odds of 1. So for positive odds, you divide by and plus 1, and for negative US odds, you disregard the negative sign, divide by and then add 1.

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Decimals Decimals quote the potential return should the bet succeed relative to the stake. Implied Probability Odds correlate to probability e. Decimal - 1 divided by the decimal odds, multiplied by to give a percentage e. Fraction - 1 divided by the fractional odds plus 1 , multiplied by to give a percentage.

American: Positive odds - divided by the american odds plus , multiplied by to give a percentage e. Negative odds - Firstly multiply the american odds by -1 and use the positive value in the following formula: american odds divided by the american odds plus , multiplied by to give a percentage e.

How do you convert probability percentages to odds? Decimal - 1 divided by the percentage divided by e. Fraction - 1 divided by the percentage divided by minus 1 e. American: Positive odds - divided by the percentage divided by minus e. Negative odds - The probability divided by 1 minus the probability divided by then multiply by -1 to convert into a negative e. How do you convert american odds to decimal? Positive odds - 1 plus the american odds divided by e.

Negative odds - 1 minus divided by the american odds e. How do you convert american odds to fractional? Positive odds - The american odds divided by e. Negative odds - Minus divided by the american odds e. How do you convert fractional odds to decimal? Add 1 to the fractional representation e.

To convert a fraction to a decimal, you simply divide the numerator the number left of the divider by the denominator the number right of the divider. This means positioning the decimal number as the numerator and 1 as the denominator. You then multiply the top and bottom numbers by ten until there are no decimal places left. For example, to convert odds of 1. Converting American odds to fractional odds requires the reverse calculations.

For positive odds, this means multiplying the odds by , converting the answer to a fraction and then reducing the fraction to its simplest form. To convert negative US odds, you divide by the odds, turn the decimal into a fraction and then reduce to its simplest form.

For decimal odds of 2.