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So here you would divide -100 by 0.67 to give you -150.Ĭonverting American odds to fractional odds requires the reverse calculations.
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If you want to convert odds on a favourite, such as 2/3, you first convert the fraction to a decimal and then divide -100 by the decimal. So to convert odds 3/2, you’d carry out the following calculation: However, you’ll always need to convert the fraction into a decimal, dividing the numerator by the denominator.įor odds over 1/1, you then multiply the fraction by 100. The calculation for converting fractional odds to US odds differs depending on whether you’re converting odds over 1/1 (an underdog) or under 1/1 (a favourite). In this case, the largest common denominator is 2, so the fractional odds you’re left with are 2/5. You then simplify the fraction by dividing both numbers by the largest common denominator. You then multiply the top and bottom numbers by ten until there are no decimal places left.įor example, to convert odds of 1.4, you do the following: This means positioning the decimal number as the numerator and 1 as the denominator. To convert decimal odds to fractional odds, you need to do the reverse. Let’s say you want to convert fractional odds of 1/5 into decimal format. 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). To convert fractional odds to decimal odds, you need to turn the fraction into decimal form and then add 1. However, if you’re interested in how the odds converter works, here’s a look at the maths behind it. Luckily, our odds converter does the hard work for you, so you don’t need to get your calculator out. Odds conversion calculations vary depending on the odds formats in question. How it works The Maths Behind the Odds Converter A £10 bet on -160 odds would win you £6.25 profit. With American odds, positive odds tell you how much you’ll win from placing a £100 wager, while negative odds show you how much you need to wager to win £100.Īmerican odds reflect your net profit, so a £10 bet on +130 odds would net you £23 – £13 profit. AmericanĪs the name suggests, these odds are used at US sportsbooks.
Betting percentages table plus#
So if you win a £10 bet with 2.5 odds, you’ll get £25 back – your £10 stake plus £15 profit. The decimal odds reflect your total returns, meaning both your profit and original stake.
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To calculate your potential winnings, you simply multiply your stake by the decimal odds. Decimalĭecimal odds now rival fractional odds as the most popular format and are the default format in most of Europe, Australia and Canada because of their simplicity. The numerator reflects the net profit, so a £10 bet with odds 2/1 will see you win £20 profit.Įqually, if you place a wager where the numerator is smaller than the denominator, such as 1/5, then you will win £1 for every £5 you place. With fractional odds, the numerator tells you how much you’ll win when you place a bet equal to the value of the denominator.
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Fractionalįractional odds are traditionally most common at UK betting sites, but you’ll find them at the UK’s newest bookies too. Let’s take a closer look at the differences between each odds type. The various odds formats are designed to tell you something different about the price of a bet.
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