HomeSportsbetting GuidesHow to Convert Betting Odds

Instantly convert betting odds in any format. Supports decimals, fractions, American odds. The tool will also tell you how likely the event is to occur to help you know what your chances of winning are. Plus when you're away from a computer or mobile, learn how to manually convert the odds. Converting American odds to Decimal As the American Odds have two types, there are two methods to convert them into decimal form. For positive odds, the odds are divided by 100 and 1 is added to it. For negative odds, 100 is divided by the odds and 1 is added to it. Indonesian odds are close to moneyline or American odds, but they’re in decimal format. A -1.20 bet in Indonesian odds would mean that the bettor must wager $120 to win $100. It’s the same as a -120 bet in American odds. The main difference is that a plus wager doesn’t use any symbols. A +200 bet in American odds would appear as a 2.00.

The three main betting odds formats are American, Decimal, and Fractional. In this guide you will learn how each format works and how you can convert between them. You can also use our free odds calculator to automatically convert betting odds as well as calculating the implied probability.

Used widely in the USA, American odds are simply another way bookmakers present their chosen odds. American odds use the plus and minus sign to convey the potential return for any bet. American odds always use a baseline value of $100. Fractional odds of 4/5 are therefore equivalent to American odds of -125 and decimal odds of 1.80. If the fraction is smaller than 1, it is known as odds-on. Calculator users will notice that.

It’s important to know how to convert betting odds if you want to communicate with sportsbettors across the world. People in the United States use American odds, while those in Europe use Decimal odds. Fractional odds are old school and are mainly reserved for horse-racing and long futures. While each format is used to display the same odds it can be confusing at times.

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American Odds

American odds (otherwise known as money line odds) are the primary format used by offshore US sportsbooks. Odds are represented by positive and negative numbers (example: -150 and +130). Here is an NFL match from 5Dimes:

A betting market with worse than even odds in the American format is displayed with a negative number. These start at -101 and get increasingly negative depending on how much that team or market is favored to win. You need to risk that amount in order to profit $100. In the example above the Carolina Panthers have -150 odds to beat the Houston Texans. This means you would need to risk $150 in order to profit $100 for a total return of $250.

A betting market with better than even odds in the American format is displayed with a positive number. These start at +101 and get increasingly positive depending on how large of an underdog the team or market is. If you were to risk $100 you would profit that amount. In the example above the Houston Texans have +130 odds to beat the Carolina Panthers. This means that if one were to risk $100 they would profit $130 for a total return of $230. A market with even odds would be represented by +100 (risking $100 nets $100 profit).

While American odds might seem uncomfortable to those already acquainted with other formats it is something that is vital to learn. A lot of great sportsbetting resources are written by American bettors and that is surely something you will want access to if you plan on becoming successful.

Convert Decimal to American

To convert decimal odds of 2.00 or higher to American you must subtract 1 and then multiply by 100:

American Odds = (Decimal Odds – 1)*100

Decimal odds of 2.35 would be (2.35 – 1)*100 = +135. While the “+” is not necessary it is considered proper notation when discussing American odds. The formula changes when dealing with decimal odds of 1.99 or lower. Now we will subtract 1 from the decimal value and use that to divide -100:

American Odds = -100 / (Decimal Odds -1)

If we had 1.91 decimal odds we would have to divide -100 by 0.91 which comes out to -110.

DecimalDecimal

Convert Fractional to American

Odds

To convert fractional odds of 1/1 or higher to American odds simply multiply the fraction by 100:

American Odds = (Fractional Odds)*100

If we had fractional odds of 6/5, all we would have to do is multiply it by 100 to have it at +120. To convert fractional odds strictly lower than 1/1 use it to divide -100:

American Odds = -100/(Fractional Odds)

If we had 10/11 fractional odds we would use it to divide -100 to get American odds of -110.

Decimal Odds

Decimal odds (sometimes called European odds) are used by European betting sites. It is the easiest odds format to get use to since it directly represents the total payout from a winning bet.

If a betting market has even odds it is represented by 2.00. Markets that are worse than even will have 1.99 or lower, and markets greater than even will be 2.01 or higher. In order to calculate your payout (the total return) simply multiply your risk by the decimal odds.

Total Payout = Risk * Decimal Odds

For the game above the Chicago Cubs have 1.57 odds to defeat the Washington Nationals. If we were to bet $500 on the Cubs our return would be the product of these two values:

$500 risk * 1.57 odds = $785 Payout

It’s important to keep in mind that your payout/return includes both your initial stake and the profit you stand to make. Decimal odds are the best option for parlays/accumulators since the ticket odds will be the product of all individual wager odds.

Convert American to Decimal

If you want to convert positive American odds to decimal format you must first divide the money line odds by 100, and then add 1:

Decimal Odds = (American Odds/100) + 1

If we had a +150 underdog in the NHL we would convert it to decimal format using the above operation:

(150/100) + 1 = 2.50

Things are a bit different when we are starting with negative American odds. In this case we will use the absolute value of the money line odds to divide 100, followed by adding 1:

Decimal Odds = (100/American Odds) + 1

In order to convert a -185 American line to Decimal we would divide 100 by 185, and then add 1 to the quotient:

(100/185) + 1 = 1.54

Convert Fractional to Decimal

To convert betting odds from fractional to decimal all you need to do is convert the fraction into a decimal and then add 1:

Decimal Odds = Fractional Odds + 1

Decimal To American Odds

The reason we must add 1 is because while fractional odds represent the relative profit for a given risk, decimal odds represent the entire return (initial risk included). If we were to convert 3/4 into decimal we would first put the number in decimal form (0.75) and then add 1 for 1.75.

Fractional Odds

Fractional odds (otherwise called British odds) are an old-school odds format. They are used to directly represent profit relative to amount staked.

The fractional odds format represents even-odd markets as 1/1. Markets with worse than even odds would have a smaller numerator than denominator (example: 19/20). Markets with better than even odds would have a larger numerator than denominator (example: 16/5).

Fractional odds are different than decimal odds because they represent the profit and not the total return. If you risk the denominator you will profit the numerator. For example in the image above Nottingham Forest have 19/20 odds to win. If you risk $20 you would profit $19 (for a total return of $39).

Out of the three odds formats we have seen this one is the most outdated. It’s main present-day uses are for horse-racing or when discussing long odd markets such as futures and championship odds.

Convert American to Fractional

Going from American to Fractional odds formats is one of the easiest ones. To convert positive American odds to fractional simply divide the money line by 100:

Fractional Odds = American Odds / 100

For negative American odds divide 100 by the money line odds:

Fractional Odds = 100 / American Odds

Convert Decimal to Fractional

To convert betting odds from decimal to fractional subtract 1 and then convert to fractional form. This is because fractional odds represent profit, and decimal odds represent total payout (including your initial risk).

Fractional Odds = Decimal Odds – 1

Odds Calculator

If you want to quickly convert betting odds between American, Decimal, and Fractional you can use our free odds calculator. This isn’t math class so you don’t have to do the calculations on your own. But it is important to have a basic understanding of the different odds formats in order to communicate with other sportsbettors and benefit from useful sportsbetting literature.

Decimal Vs American Odds

Convert odds between American, Decimal, and Fractional format using simple odds conversion formulas. Or, skip the math and use the odds converter instead!

Decimal to Fractional

Remove 1 from the decimal and convert to a fraction, then reduce to simplest form:

(decimal-1) -> convert to fraction

Examples:

1.75: 1.75 – 1 = .75 = 75/100 = 3/4
2.20: 2.20 – 1 = 1.20 = 120/100 = 6/5


Decimal to American

To convert a decimal of 2.00 or higher:

moneyline = (decimal – 1) *100

Examples:

2.00: (2.00 – 1)*100 = 1*100 = +100
3.35: (3.35 – 1)*100 = 2.35*100 = +235

To convert a decimal of less than 2.00:

moneyline = (-100) / (decimal -1)

Examples:

1.9091 : (-100)/(1.9091 – 1) = (-100)/(0.9091) = -109.99 = -110
1.6579 : (-100)/(1.6579 – 1) = (-100)/(0.6579) = -151.98 = -152


Fractional to American

Over 1/1: Convert Fraction to Decimal and multiply by 100.

Moneyline = (fraction value)*100

Examples:

7/4: (7/4) * 100 = (1.40) * 100 = +140
6/5: (6/5) * 100 = (1.20) * 100 = +120

Under 1/1: divide -100 by the Fraction as a Decimal.

Moneyline = -100/(fraction value)

Examples:

1/4: -100/(1/4) = -100/.25 = -400
1/10: -100/(1/10) = -100/.1 = -1000


Fractional to Decimal

Convert the fraction to a decimal and add one.

Examples:

3/4: (3/4) + 1 = (.75) + 1 = 1.75
6/5: (6/5) + 1 = (1.20) + 1 = 2.20

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) + 1

Examples:

-110: (100/110) +1 = 1 + 0.9091 = 1.9091
-152: (100/152) +1 = 1 + 0.6579 = 1.6579


American to Fractional

Positive Odds (“+”): Divide the moneyline by 100 and reduce to simplest form

Decimal to american odds excel formula

(moneyline/100) -> simplest form

Odds To Probability Converter

Examples:

+120: (120/100) = 6/5
+250: (250/100) = 5/2

Negative Odds (“-“): Divide 100 by the moneyline and reduce to simplest form

(100/moneyline) -> simplest form

Convert Decimal To American Odds

Examples:

-120: (100/120) = 5/6
-300: (100/300) = 1/3

Odds Converter

Skip the math and easily convert odds between Fractional, Decimal and American format:

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Decimal To American Odds Formula

Want to learn more? Read this full article on betting odds conversion.

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