Betting Calculator – Enter your odds and stake to calculate guess returns for every type of sports wagers. Supports all main formats including decimal, fraction and american. As proven in the odds converter, half https://gg-bet-betting.com is equal to -200 American odds and 1.50 decimal odds. Fractional odds are primarily used within the UK, in addition to Ireland. This odds format exhibits the potential revenue ought to the bet win, quoted as a fraction of the stake.
Decimal Odds Formulas For Betting Odds Converter
Your total return could be $250 ($100 revenue plus your $150 stake). The implied probability is 60%, meaning the sportsbook costs this end result with a 60% chance of occurring. Plus 200 (+200) means you may be betting on an underdog and will profit $200 for every $100 wagered in case your guess wins. Your whole return could be $300 ($200 profit plus your $100 stake). The implied likelihood is 33.3%, that means the sportsbook costs this outcome with roughly a 1-in-3 chance of occurring. This odds converter makes it straightforward to change between decimal odds, American odds, and fractional odds. Of course, in the US, American odds are the most common, while decimal odds dominate Europe and Asia. Professional software for changing between multiple odds formats including decimal, American (moneyline), fractional, Hong Kong, Malay, and Indonesian. Features instant conversion, common odds presets, and comprehensive explanations. Perfect for worldwide sports activities betting and odds comparability throughout bookmakers.
Implied Probability Formulas To Odds For Betting Odds Converter
As you presumably can see in the odds converter, 2.zero is equivalent to +100 American odds and 1/1 fractional odds. Decimal odds are the usual odds format in most countries, and the chances quote the potential payout ought to the guess win. Known as “European” odds and “digital” odds, these are used throughout Europe, Canada, Australia and New Zealand. Their primary benefit is that one can immediately spot who’s the favorite and who is the underdog – the former may have the lowest odds and the latter – the very best. Typically written with a precision of three digits after the decimal point, decimal odds present the anticipated payout for every dollar wagered. Most US sportsbooks default to American odds, but some present decimal by default or allow customers to modify formats in settings.