![]() Fractional Betting Oddsįractional odds are the most commonly-used odds format in the UK and Ireland and you’ll find them available with most online bookmakers worldwide. Remember that if you want to go from fractional to decimal odds or vice-versa, most betting sites will allow you to change the format to suit your preferences. We've listed the three most common odds formats below, with simple explanations alongside each of them. You can change your stake, which requires more consideration, but getting an idea of the value of your odds is still simple. For example, with fractional odds, the number on the right of the fraction tells you how much you can win if you wager the number on the left. There are loads of odds formats but most have simple formulas you can read very quickly. With that said, understanding the most popular types of odds and how to use them will make betting easier for you. In fact, most new betting sites will automatically do this for you when you add a stake to your online bet slip. In the majority of cases, the math is simple and you should be able to roughly work out your profits at a glance. When punters can find an edge on the bookie, however, the roles are reversed and winning bets are made. How do Betting Odds Work?īetting odds allow you to work out your potential profits from a bet and allow the bookmakers to make their money by gaining an edge on the punter. Our ' betting odds explained' guide answers those questions and more, while also taking you through the various odds formats you'll find at the best betting sites. But how do betting odds work exactly? And how much will my bet win? There are many different odds formats, from fractional to decimal odds and even American style. Odds of 1.40 conversion (-100) / (1.Betting odds tell you how much profit you can receive from a bet. 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.Ĭonverting odds of 2.00 or higher: You take (decimal odds -1) * 100 Odds of -200 conversion (100/200) +1 = 1.50 How to convert Decimal Odds to American Odds Odds of +345 conversion (345/100) + 1 = 4.45Ĭonverting negative odds: You divide 100 by the odds and add 1. When converting American Odds to decimal odds there are two different formulas you use depending on whether you are converting positive odss (+) or negative odds (-).Ĭonverting positive odds: You divide the American odds by 100 and add 1. Odds Conversion Formulas How to convert American Odds to Decimal Odds Decimal Odds Converter, Moneyline Converter, Odds Conversion Table Decimal Odds The 'Percentage' column displays the relevant winning percentage or implied odds for the corresponding decimal and American odds. ![]() All odds whether they be displayed in decimal or American format are a representation of a percentage chance of the wager winning. Easily convert Decimal odds to American Odds and view the Percentage (implied odds). ![]()
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