Betting Odds Calculator
The Betting Odds Calculator is a tool designed to help you convert betting odds between different formats and understand the implied probability of your bets. It supports three main types of odds formats: Fractional, Decimal, and Moneyline. By entering the odds in any one of these formats, the calculator will instantly convert them to the other two formats and show the implied probability of winning the bet.
Implied Probability: -
How to Use:
Enter the odds in one of the input fields: Fractional, Decimal, or Moneyline.
View the converted odds: The calculator will automatically convert the entered odds into the other two formats.
See the implied probability: The calculator will also display the implied probability of winning the bet based on the entered odds.
This tool simplifies the process of understanding and comparing different odds formats, making it easier for you to make informed betting decisions.
Fractional Odds:
Fractional odds are commonly used in the UK and are presented as a fraction (e.g., 5/1). They show the potential profit relative to the stake. For example, 5/1 means you win 5 units for every 1 unit bet.
Input Example: 5/1 or 3/2
Decimal Odds:
Decimal odds are popular in Europe, Australia, and Canada. They represent the total payout (including the original stake) for each unit bet. For example, decimal odds of 6.00 mean you get 6 units back for every 1 unit bet.
Input Example: 6.00 or 2.50
Moneyline Odds:
Moneyline odds are commonly used in the United States and can be either positive or negative. Positive moneyline odds (e.g., +500) indicate how much profit you make on a $100 bet. Negative moneyline odds (e.g., -200) indicate how much you need to bet to win $100. Input Example: +500 or -200
Enter the odds in one of the input fields: Fractional, Decimal, or Moneyline.
View the converted odds: The calculator will automatically convert the entered odds into the other two formats.
See the implied probability: The calculator will also display the implied probability of winning the bet based on the entered odds.
This tool simplifies the process of understanding and comparing different odds formats, making it easier for you to make informed betting decisions.
Fractional Odds:
Fractional odds are commonly used in the UK and are presented as a fraction (e.g., 5/1). They show the potential profit relative to the stake. For example, 5/1 means you win 5 units for every 1 unit bet.
Input Example: 5/1 or 3/2
Decimal Odds:
Decimal odds are popular in Europe, Australia, and Canada. They represent the total payout (including the original stake) for each unit bet. For example, decimal odds of 6.00 mean you get 6 units back for every 1 unit bet.
Input Example: 6.00 or 2.50
Moneyline Odds:
Moneyline odds are commonly used in the United States and can be either positive or negative. Positive moneyline odds (e.g., +500) indicate how much profit you make on a $100 bet. Negative moneyline odds (e.g., -200) indicate how much you need to bet to win $100. Input Example: +500 or -200