It is vital to know how to convert different betting odds so that you can play with a variety of bookmakers worldwide. In the United States of America, American odds are used, across Europe, Decimal odds are used. Fractional odds are a more traditional method that is mostly used in horse racing.
- Formula To Convert American Odds To Decimal
- American Odds To Decimal Formula
- Convert American Odds To Decimal Excel
- Odds Calculator
Here is a step by step guide on how to convert the different odds types:
Decimal to American Odds / Moneyline Odds Converter. The Moneyline or American format if the figure quoted is positive it expresses the profit you would make from a successful bet with a $100 stake, so 200 means $200 in winnings on top of the returned $100 stake. A 200 Moneyline price is, therefore, the same as the fractional 2/1 odds, or 3.00. American to Decimal. Positive Odds (“+”): Divide the moneyline by 100 and add 1. Decimal = (moneyline/100) +1. Examples: +100: (100/100) + 1 = 1 + 1 = 2.00. +235: (235/100) + 1 = 2.35 + 1 = 3.35. Negative Odds (“-“): Divide 100 by the moneyline, then add this value to 1.00. Decimal = (100/moneyline) +. The odds converter tool offers the easiest way to change between different odds format used in bookmakers and different betting sites, such as.Fractional.,.Decimal. and.American. and even the likes of Hong Kong, Indonesian and Malay odds. By utilizing our odds converter you will be able to do sports betting odds conversion in an instant,. When converting decimal odds to American odds there are two different formulas depending on whether you are converting odds of 2.00 or higher or odds under 2.00. Converting odds of 2.00 or higher: You take (decimal odds -1). 100. Examples: Odds of 2.2 conversion (2.2 -1).100 = +120. Odds of 3.45 conversion (3.45 -1).100 = +245.
Decimal to Fractional conversion:
Let’s use a 1.75 decimal odd as an example:
- Remove 1 from the decimal odd and convert it to a fraction.
1.75 – 1 = 0.75 = 75/100 - Reduce the fraction to the simplest form.
75/100 = 3/4
3/4 is the Fraction odds equivalent of 1.75 Decimal odds.
Decimal to American conversion:
There are two methods, one for decimal odds more than 2.00 and one for decimal odds less than 2.00.
To convert a decimal odd of 2.00 or higher, let’s use 3.35 as an example:
- The moneyline equals the decimal odds minus 1 times 100.
(3.35 – 1) x 100 = +235
Formula To Convert American Odds To Decimal
+235 is the American odds equivalent of 3.35 Decimal odds.
To convert a decimal odd of less than 2.00, let’s use 1.9091 as an example:
- The moneyline equals -100 divided by the decimal odds minus 1.
(-100) / (1.9091 – 1) = -109.99 = -110 - Then round the answer off into the closest round number.
109.99 = -110
-110 is the American odds equivalent of 1.9091 Decimal odds.
Fractional to American conversion:
There are two methods, one for fractional odds more than 1/1 and one for fractional odds less than 1/1.
To convert a fractional odd of 1/1 or higher, let’s use 7/4 as an example:
- Convert the fraction to decimals by multiplying it by 100.
7/4 * 100 = 1.40 - Then multiply that number by 100 again.
1.40 * 100 = +140
+140 is the American odds equivalent of 7/4 Fractional odds.
To convert a fractional odd of 1/1 or lower, let’s use 1/10 as an example:
- Convert the fraction to decimals by multiplying it by 100.
1/10 * 100 = 0.1 - Divide -100 by that answer.
-100/0.1 = -1000
-1000 is the American odds equivalent of 1/10 Fractional odds.
Fractional to Decimal conversion:
Let’s use a 3/4 fractional odd as an example:
- Convert the fraction to a decimal by multiplying it by 100.
3/4 x 100 = 0.75 - Add 1 to the decimal answer.
0.75 + 1 = 1.75
1.75 is the Decimal odds equivalent of 3/4 Fractional odds.
American Odds To Decimal Formula
American to Decimal conversion:
There are two methods, one for positive (+) odds and one for negative (-) odds.
To convert a positive odd, let’s use +235 as an example:
- Divide the money line by 100.
235/100 = 2.35 - Add 1 to the previous answer.
2.35 + 1 = 3.35
Convert American Odds To Decimal Excel
3.35 is the Decimal odds equivalent of +235 American odds.
To convert a negative odd, let’s use -110 as an example:
- Divide 100 by the money line.
100/110 = 0.9091 - Add 1 to the previous answer.
0.9091 + 1 =1.9091
1.9091 is the Decimal odds equivalent of -110 American odds.
Luckily, most online bookmakers have options to convert the odds automatically, but it is always a good idea to know the maths behind odd conversions in case that option isn’t available.