If the American odds are positive, you would divide by 100 and add 1. 5. To convert these odds to their respective implied probabilities we make. The shortcut to convert from decimal to percent is. There’s also the moneyline or American way, which is where a number. Fractional Odds: It is used mainly in the United Kingdom and Ireland. To calculate profit in decimal odds, simply multiply the odd by the amount bet and subtract the amount bet from the result. The fractions show stake and returns for a specific unit, although unlike decimal odds, the specific unit can vary when using fractional odds. Algorithm for simplifying decimal to fractions. 6 in decimal odds. They calculate the winnings only. 00-1=2. 00 in decimal odds. This means you have a 2. Here is the formula for converting Decimal odds to American: For Decimal odds of 2. 00 would actually mean 400%. g. , the amount you wagered). 5) = 15/2. 9. 5. 5 – 1 = 7. Hence, the event’s odds are higher for the group/condition in the numerator. e. The first step to converting fractional odds to decimal odds is to make sure that you are using fractional odds! Fractional odds are represented as a fraction — hence the name. Dog Track. 5 decimal odds and 1/2 fractional odds. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. At such short odds, the difference between the two odds is 10 per cent in terms of winnings. Length = 2 Then Dim a, b As Integer If Integer. For example, 1. PinnacleEach betting market had odds and these odds convert not only fractional to decimal odds but depending on the type of odds you can also convert from decimal odds to fraction odds and then convert to probability. Before we get into the math involved here, you need to understand the terms numerator and denominator. Bet $10 at odds of 2. Fractional odds will always be written using whole numbers. It is easy to convert to 10's feet. . You can convert fractional odds into decimal odds by dividing the numerator by the denominator, and then adding 1. 1. You win £3. Convert the fraction to a decimal number. Multiply the numerator and denominator by a power of ten to make the decimal a whole number. Betfair. Converting Decimal Odds To American Odds. . 0. 00, equals 3. 3 to a fraction follow these steps: Step 1: Write down the number as a fraction of one:. Calculate American odds, decimal odds and. 5/100 = 0. ) from the given number. The Champions League final in 2021 was contested between Chelsea and. Like fractional odds, they do not include your stake, so add this back at the end. So instead of 1. These odds are usually represented as either a fraction (2/1) or a decimal (3. 75, and then x100 to get 75. To do this, you divide -120 by +250. For instance, with odds of 2. com. Decimal odds show the amount of money the bettor will receive back multiplied by the original stake. Under 1/1: Divide -100 by the Fraction as a Decimal. So, if you place £1 on Arsenal to win and they. Let’s take decimal odds of 4. Fractional odds have been the choice in the UK for centuries. Fractions can be converted into decimals by processing this division. I am a Newbie so please let me know if I break any rules! I have spent an hour looking at how to convert decimals into horse racing fraction . There is 1 other project in the npm registry using odds-converter. Quick, do the math of the return on a $10 bet with 20-23 odds. Convert the decimal number to a fraction by placing the decimal number over a power of ten. 00 = 5/1 You may need to simplify the fraction like this more complicated example. 3. Odds on Bet. The right hand column shows the different fractions grouped by their denominator. %. 1/10 odds would be winning $1 for every $10 you bet. 1. 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). 6 and 1/8 = 0. 33, which equals 0. Converting decimal odds to fractional. So let's say a golfer is 15 to win an upcoming tournament. Use the Fraction format to display or type numbers as actual fractions, rather than decimals. Decimals can be written in fraction form. 3⁄5 is equivalent to 6⁄10. 75 + 1. The hardest thing in this conversion is to simplify the fraction, otherwise the operation is fairly trivial. 5 in decimal odds)? 1 / 2. Supports all major formats including decimal, fraction and american. The implied probability for these odds is 33. 0333333. 1% chance of winning. 50 profit and $1, which represents your stake. $5 stake divided by 2 = $2. 88, 2. Worked example: Converting a fraction (7/8) to a decimal. 2, the corresponding fraction can be calculated by using this algorithm. a $1 wager on decimal odds of 1. 25. In this case, 1/5 will become 1/6. To Win $0. For example, 11/4 is 11 divided by four, which is 2. 75. The conversion from Decimal odds to Fractional is performed by removing 1 from the decimal price, converting the price to a fraction and then reducing that fraction to it’s simplest form. To a beginner, fractional odds may seem a little more difficult to grasp that decimal odds. 5 => 15/10 This can do via this code:Enter odds below for automatic conversion (Example conversion format: Decimal: 3. 7%. To be able to convert from Fractional to Decimal odds you first have to enter a fraction (such as 5/2). 0 are the underdogs. 0 to get a final value. 33 if it wins, with your odds shows as 4. 3 = 1. Use our Fraction Odds to Decimal, American & Probability Converter. 0, etc. 1. Converting Fractional Odds to Decimals. The left hand column is the fractional betting from smallest to largest. A fraction is one way of writing a division. 12: 89%: 1/7-714: 1. Fractional Odds Decimal Odds Implied Probability Reset Bet Partner Offer $1,000 First Bet on Caesars CLAIM OFFER If you want to convert between odds by. To MoneylineA fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager and receive your dollar back (i. If the decimal price is 1. So for example, if an event at 4/1. 40/1. 5. 22 percent. Example, US2Win(-120,120) = 100, or US2Win(-110) ? 0. 25 – 1 = 0. Fractional Odds. 005 x 1000 1 x 1000. 2. 15 decimal odds, 23/20 fractional odds, 1. If you want to convert fractional odds to decimal odds, here’s. So, if you have 3/2 fractional odds, the decimal odds will be 1. The sum is performed by subtracting 1. For example, +800 gives $800 back from a $100 stake. 4. , -100 divided by 1/5 equals -500). We express a decimal odd with a single number, e. 25) 1/4. Implied Probability. In some cases, odds may be expressed as a fraction, rather than as a ratio. And there you have it! In just a few short steps we have figured out what 2. View all Convert any sports betting odd with this clear & easy to read odds conversion table with decimal, fractional & US odds, as well as probability. To convert between different odds formats and calculate your payout, simply follow these 2 easy steps: Fill in the odds in any of the odds fields: American, decimal, fractional or implied. 00 and then find the nearest whole integer (so for example 3. To convert fractionals to decimal odds, simply convert the fractional odds into decimal form and add 1. Fractional Odds. In this case, you’ll receive $16. For example, if the decimal odd is 2. For example, let’s decimal odds to be 3. The bottom number of the fraction shows how many times your stake will be divided to calculate your winnings: $1 stake divided by 2 = $0. The Decimal odds for the Dallas Cowboys to become SuperBowl champions is 1. 00 profit (50% return). That’s it!Convert 3⁄5 to a decimal. 03 is actually correct, some bookies tend to refer to -300 when meaning the fractional 1/3 because it's easier for the punter to remember, while. Quickly and easily convert odds to fractional, decimal and American formats with our odds converter calculator. Example: 10% becomes 10/100 = 0. 0. The equation you would use to see if Player A would win is listed below. 50) Fractional to Decimal:. If $10 is bet at odds of 4, the total returned is $40 ($10 x 4) and the potential profit is $30 ($10 x 4 minus the $10 stake). For example, if the decimal odd is 2. To convert decimal to fraction, follow the steps given below. You can use the following formula to calculate potential returns with fractional odds: ((Stake/ denominator) x numerator) + stake = return For example: (10 x 5) + 10 = 60; Decimal Odds. Or 0. 5 x 2 = 10. The word “about” is used because the answer was rounded from the decimal to the percent. 99, you have to do the following: -100 / (decimal odds -1). E. Of course, it’s much easier to use a simple odds converter tool. Enter the Decimal odds, American odds or Fractional odds. 5, which is the same as +450. 5 minus the $10 stake). Moneyline odds (AKA American odds) are shown as positive and negative numbers. 2 + 1 = 1. Odds can be expressed as a ratio of two numbers (so as 1/2 odds and 100/200 odds are the same), or as a number, by dividing the terms in the ratio (0. Then we need to multiply both numerator and denominator with the multiples of 10, to remove decimal (. American odds = – (decimal odds – 1) x 100 / (decimal odds – 1) For example, if the decimal odds are 3. Step - Choose between or by clicking the relevant button and the odds on the site will now be displayed in. Under 1/1: Divide -100 by the Fraction as a Decimal. 5%. For example, if you want to convert 9/2 to decimal odds,. As fractional odds of 1/2 mean you will receive £1 for every $2 you bet, the decimal equivalent is 1. 85 would. If you’re looking to find out what the payout for a bet is going to be, you simply take the decimal odds and multiply them by the amount you want to wager. Check out the implied probability of any odds. This means a $100 bet would potentially win you. Simply mutiply your stake by the decimal number shown and that is how much you will receive - including your stake. 00 for a $5. 33% chance of winning the match. 87, which would make for much easier math on this $10 bet. Fractional odds look like 2-1 0r 13/5. Decimals odds are widely popular in Europe, fractional odds are the most common once in the United Kingdom, and as the name suggest the American odds are the most popular in American and some. 33 per cent. 25. 675 becomes 0. The fraction bar between the top number (numerator) and the bottom number (denominator) means "divided by. To Convert Positive American Odds to Fractional Odds, divide the American odds by 100, turn the decimal into a fraction, and find the simplest form of the fraction. For example: 6. To convert fractional odds to decimal, divide the first figure by the second figure and then add 1. Fractions Calculators. To convert fractional odds to decimal, take the fractional number, convert it to decimal by doing the division, and then add 1. , the amount you wagered). How to convert decimals to fractions? To convert a decimal to a fraction, write the decimal as a fraction with the decimal number as the numerator and a power of 10 as the denominator, depending on the number of digits after the decimal point. For the British and Irish they are most familiar with fractional odds, which are displayed as 1/2, 1/1 (evens), 2/1, 100/1 and so on. For example, odds of 7. We express the fractional stakes as an integer fraction. Convert the fraction to a decimal and add one. 1; The fractional odds of 1-9 in decimals is 1. 0 to get a final value. 1. How to convert Decimal odds to American odds. 6, you can do the same with a decimal. In the above example, where the bookmaker offers odds of 49/50 on a coin toss, the odds are shown as a fraction. 44 × 100 % = 44. 50 and convert it to a fraction price 6/4 The fraction to decimal part is easy it just the other way round I am having difficulty with. In decimal odds, these are 2. This implied probability translates to 3. Betting Odds Converter - Fraction to Decimal. 80 = 4 / 5. Example for -200 American odds: -100 / -200 = 1. I promised converting decimal odds to implied probabilities was easy. To get this you just need to tick the "Display fractional odds on mouse-over" box which is located under more options and then odds options. This would be 3. Fractional to Decimal Odds. - The value of column A will be inputted manually The value of Column B will be inputted manually In order to calculate column C, I need a formula that minuses one decimal point from the value of Column A before multiplying by Column B. 1. Example for 3/2: 3/2 +1 = 2. You can use the decimal and fraction chart above as a reference to quickly make conversions between decimals and fractions. Now we just need to do that multiplication to get our whole fraction: 2. To convert odds to probability from decimal odds, you need to calculate 1 ÷ [decimal odds] x 100. 5 minus the $10 stake). It means that the chance of the event occurring remains the same but when you read betting odds it appears in a different format ie odds type. Multiply the result by 100. American Odds. 3 = 1. Converting Decimal Odds To Fractional Odds. 00. Equivalent fraction for 1. 20, fractional odds of 2/6, moneyline odds of -400, and an implied probability of 73. 125, or a repeating decimal; for example, 19/70 = 0. To calculate returns using decimal odds just multiply the stake by the decimal odds, the resulting number includes your initial stake. 00 and convert to a fraction, reducing to the simplest form. 00, so 5. Fractional odds are mainly used in the UK, as well as Ireland. Using the table above we can see the odds are 4/36, 3/36, 2/36, and 1/36 respectively. 1 - (100 / American odds) = decimal odds. 9 is a decimal number, then the equivalent fraction will be 19/10. This will convert your decimal number to a fraction. 75) + 1 = 1. 40. Decimal odds represent the. Basically, you must divide the fraction then add 1. Decimal Odds. 80, think of this as 180%. Positives. . 00. 90 -1 = 0. 5 35/10 -> 7/2. 25. 33, you run 1 ÷ 1. To learn more about. Use the Format Cells Command to Convert Fraction to Decimal in Excel. In this example, the odds suggest that the player has a 33. The strategy is along the lines of what Daniel Buckner wrote. Multiplying the decimal odds by the stake gives the gross return. Decimal odds of course, are just a simple multiplier to your original stake. 25. (6. 33. For every $1 risked, you’re profiting 71. g. 625%. To convert fractional odds to decimal odds, taking the losing odds to be 1/2: First, add the denominator of the fractional odds to its numerator. 5 mathematically you’d describe it as 4. Decimal Odds = 5/3 + 1 = 1. Multiply both numerator and denominator by 10 (because there are 1 digits after the decimal point so that is 10 1 = 10). 1. Calculate amount of digits after decimals. 2 + 1 = 1. Another example would be odds of 6. 80. Odds/Probability Conversion. A. )Decimal odds factor in the return of the stake so are based on the equivalent of the decimal value to the fractional odds, plus one. Since there are 4 4 numbers to the right of the decimal point, place the decimal number over 104 10 4 (10000) ( 10000). To convert the decimal 1. 67. Fractional Odds . (2/1) +1 = 3. How to Convert Decimal Odds to Fractional? Formula: Fractional Odds = (Decimal Odds – 1)/1. , the amount you wagered). The factors of 5 are: 1 5. 75 1. 00 – 1. You just minus one from the decimal odds, turn that number into a fraction and reduce it down to it’s simplest form. 000 (Decimal) and result in implied probability of 33. 195 (f) 0. To convert a Decimal to a Fraction follow these steps: Step 1: Write down the decimal divided by 1, like this: decimal 1 Step 2: Multiply both top and bottom by 10 for every number after the decimal point. To switch the odds from fractional to decimal, simply go to settings and select either fractional or decimal odds. 0 are the favorites, and those odds over 2. For example, odds of +200 (American) equal 2/1 (Fractional) equal 3. Decimal odds, on the other hand, show the amount of money you would win for every £1 wagered. Using this converter is easy. There are various betting odds formats, and probably the most popular once are decimals (1. 33% probability of occuring versus the 66. Use our odds converter tool below to try more fractional to decimal odds conversions. Example: New York Mets (1. Converting from a decimal to a percentage is done by multiplying the decimal value by 100 and adding %. What are these fractional odds in decimals? Here is the list of odds converted into decimals: The fractional odds of 1-10 in decimals is 1. 5 which as a mixed fraction is 21/2. 90909. For example, if you bet $10 on a horse with odds of 2. If you didn’t use decimal odds then instead of something as simple as 4. There are two steps to convert decimal odds into a fraction. 50 in decimal. American odds are of course very popular at US sportsbooks. 225 (h) 0. And the number represents the total return, not just the profit like American and fractional odds. 4, last published: 8 years ago. You can use our odds calculator above to calculate the implied odds of a given bet as long as you know the odds of the bet. 5; 1. The 4/1 fractional odds discussed above are quoted as 5. So, if a punter placed a stake of £1 on this bet and it was. Decimal () object . Fixed Odds & Multiples bets are placed with PPB Counterparty Services Limited which is. If you bet at 1. Decimal Odds – displays the amount you can win from one unit stake, plus that stake (Z + 1). 3 percent. Coin flip probability calculator lets you calculate the likelihood of obtaining a. 25 × 100 =. 91. Betting Calculator- Enter your odds and stake to calculate bet returns for all types of sports wagers. For fractional odds into decimal odds, you simply divide the first number of the fraction by the second and then add one to the number. g. For decimal odds, you can easily estimate the return: The potential return on decimal odds: Stake * Odds = Payout. Example: 3. For Decimal Odds Less. To discover the decimal odds in conventional fractional values, use our calculator below. 19%. The +115 American odds convert to 2. 25), then multiply both this number and the stake by 100. 003 to a fraction such as 3/1000)? I still don't know which specific function I should use to convert fractions to decimals. 19%. Enter the amount you want to bet, i. 00 for every £/€1 you bet, you will win £/€8. 5%. (Again, in decimal odds, this would mean 2. Add 1 to each result. As shown in the odds converter, -200 American odds is equivalent to 1. Example for +200 American odds: 200 / 100 = 2/1. Learn how to convert betting odds using our odds conversion formulas. 00. TIP: Did you know that most online bookmakers allow you to select either the traditional Fractional odds or the Decimal equivalent when viewing their available books. 1. In this case the calculation is straightforward as 20 can be divided by two to get a fraction with a denominator of a multiple of 10 and the numerator is. Decimal =. 03125: 0. 75 x $100). 6 = 38. However much your wager is, you simply multiply it by the decimal odds to work out the total payout. Fractional odds are sometimes called British odds or traditional odds and are sometimes written as a fraction, such as 6/1, or expressed as a ratio, like six-to-one. Moneyline = -100/(fraction value) Examples: 1/4: -100/(1/4) = -100/. You will probably be most familiar with odds as fractions (e. In the Type list, click the fraction format type that you want to use. 3/1). For example, using fractional odds of 2/1, the number on the bottom, or to the right, represents the wager amount, while the top number represents the amount that bettors can win if the pick is. 1 of 7. 100 * winning/wager=250. 10, for example, it would be 3.