Decimal odds are written using a decimal point, eg: 5. 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. 0333333. Step - Starting from the top left corner of the home page, the menu bar is displayed down the left hand side of your screen. To convert fractional odds to decimal, divide the first figure by the second figure and then add 1. So, Conor McGregor at -130 in American odds can be worked out as: 1 - (100 / -130) = 1. 25 becomes 1. 03. For example, decimal odds of 1. Tap for more steps. The complete answer for your enjoyment is below: 1 4/5. Along with fractional odds, decimal odds are commonly used in the UK. Convert your decimal, fractional and moneyline betting odds using our odds converter tool. For example, imagine a tennis player is +200 to win an upcoming match. Learn how to convert betting odds using our odds conversion formulas. Simply use the chart to convert your betting odds from Fractions to Decimals or Decimals to Fractions. 00. So, we deduct four from thirteen – this being the sum of adding 3. Odds on Bet. 1. Step 2: Multiply both the denominator and the numerator by 10 for every digit after the decimal point. 0, etc. 0. g. Step 1: Write down the decimal number which you want to convert, and divide it by 1. 40 – 1 = 2. This will give you a decimal of -0. conversion. 4 (8 / 20 = 4 / 10 = 0. Decimal odds are equivalent to the decimal value of the fractional odds, plus one. Enter the amount you want to bet, i. For odds over 1/1, you then multiply the fraction by 100. . Odds/Probability Conversion. Fractional Odds. Example: 1/2 in fractional:. 33. For example, if the decimal odd is 2. Then, divide that value by 1. 8 is as a fraction. If the fractional betting odds being offered are 2/1, then the decimal equivalent will be shown as 3. This odds format shows the potential profit should the bet win, quoted as a fraction of the stake. Write down the decimal. 9. Calculator users will notice that odds. I am in the middle of creating a spreadsheet to calculate a value on decimal odds!! In simple terms. 1: 91%: 1/9-910: 1. 25 or 25%. You just minus one from the decimal odds, turn that number into a fraction and reduce it down to it’s simplest form. Example for -200 American odds: -100 / -200 = 1. The complete answer for your enjoyment is below: 2 29/100. 8696 Malay Odds. If you need to convert a decimal number to fraction, the above decimal to fraction calculator is a great way to do it quickly and easily on any device. 000 (Decimal) and result in implied probability of 33. Simply use the chart to convert your betting odds from Fractions to Decimals or Decimals to Fractions. In the Format Cells dialog box, on the Number tab, please click to highlight Fraction in the Category list box, specify a fraction type in the Type list box, and click the OK button. If you’re ever in a situation where you need to convert fractional odds to decimal, all you need to do is divide your fraction. Examples:With decimal odds, a 2. 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. 20, fractional odds of 2/6, moneyline odds of -400, and an implied probability of 73. A line that is odds-on in decimal format will always be a decimal of 1. 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). However, you can choose to display them as decimals (e. To a beginner, fractional odds may seem a little more difficult to grasp that decimal odds. , 3. How To Use The Punters Page Odds Calculator. Atlanta Braves (2. 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). This number is the ratio of the payout to the original stake. 66. 67%. Multiply the odds by the bet. Procedure: Divide or solve the fraction and add 1. Before we get into the math involved here, you need to understand the terms numerator and denominator. 5005 (j) 0. 75, plus 1. Under 1/1: Divide -100 by the Fraction as a Decimal. To convert decimal to fraction, follow the steps given below. 00 for every £/€1 you bet, you will win £/€8. To do this, you’d do the following calculations: 1/5 = 0. 25. In the above example, where the bookmaker offers odds of 49/50 on a coin toss, the odds are shown as a fraction. Summing them up (you can use our fractions. 40, think 240%. WEBSITE APP Click the icon in the top left corner Go to Settings to change betw. 5. So, the decimal odds would be 1 + 2 which equals 3. g 2. How To Convert Decimal Odds To Fractional. In the Category list, click Fraction. Decimal odds are considered easy to understand and use, making them the popular. 40/1. If the American odds are positive, you would divide by 100 and add 1. So for example, if an event at 4/1. 5) fractional odds and your. Any side with a price of 2. 2 of 7. 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 correct. For example, 9/12 = 9 ÷ 12 = 0. 01. 33, which equals 0. Decimal Odds – displays the amount you can win from one unit stake, plus that stake (Z + 1). Multiply by 100 to convert a number from decimal to percent then add a percent sign %. Fractional odds are based on the amount of winnings you will receive for a certain stake. Write the decimal as a fraction with a denominator of 1. 6, the six is in the tenths. 75, transferring this to a percentage, 75/100, or 3/4 odds. On my Excel 2013 I can use the function button but they are mathematical fractions. Examples: 2. The left hand column is the fractional betting from smallest to largest. Next, given that you have x decimal places, multiply numerator and denominator by 10 x . Many sportsbooks also prefer the use of decimal betting odds. 0. 00 for a $5. Rapidly convert a set of odds from American odds to fractional odds, decimal odds, implied probability, Hong Kong odds, Indonesian odds of Malay odds using the betting odds calculator. 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. 00, converting this to a fraction, and then reducing the fraction down to its simplest form. Step 1) Convert decimals odds. The number in the active cell of the. Converting Decimal Odds To Fractional Odds. Above, 100 times 2. 5%. Simplify if necessary. For a + sign, divide the odds by 100. g. 25. 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. Here, we explain how to read decimal, fraction, and moneyline odds. This implied probability translates to 3. 25), then multiply both this number and the stake by 100. We express a decimal odd with a single number, e. Decimal odds. To Pay $0. odds / (odds + 100) * 100 = implied probability. 15 in winnings). Here’s a. e. From Decimal to Fractional: Take 1. Hence, the more likely outcome indicates the favorite to win a certain bet. Betting odds calculator allows you to insert your odds and automatically convert them to American, Decimal, and Fractional odds. 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. The implied probability for these odds is 33. Decimal odds below 2. Multiply both numerator and denominator by 10 (because there are 1 digits after the decimal point so that is 10 1 = 10). If the odds were 1/2 then calculating the fraction gives. 15 for Indonesian/Hong Kong odds, and -0. It’s really straightforward. Worked example: Converting a fraction (7/8) to a decimal. To calculate the odds of rolling 9 or more we need to use the dice probability formula above and compute the probabilities for all possible outcomes of throwing the two dice: 9, 10, 11, and 12, then sum them up. 50 – 1. They are represented by a number with two decimal places. 2. A 3/5 favorite is equal to -167 in American odds and 1. For instance, fractional odds of 11/4 is 11 divided by four which equals 2. Convert any odds from decimal to fraction, fraction to decimal, american to moneyline or moneyline to american with this online tool. Step 4 - Fraction down. Odds/Probability Conversion. E. Instead of 2. Fractional odds are popular with famous bookmakers globally, and most gamblers around the world prefer them. 0. Odds can be displayed in two ways: Fractions or Decimals You will probably be most familar with odds as fractions (e. 75 1. Step 1: Write down 0. g. Convert the decimal number to a fraction by placing the decimal number over a power of ten. It also calculates the implied probability of the. 25 or 25%. Before we get into the math involved here, you need to understand the terms numerator and denominator. Use the Fraction format to display or type numbers as actual fractions, rather than decimals. OR calculated as a fraction of these two odds is 0. 🎯 Join our community of like-minded individuals and start your profitabl. 00 would be converted to 2/1 (3. Then we need to multiply both numerator and denominator with the multiples of 10, to remove decimal (. 2. Equivalent fraction for 1. The number you enter can also have decimal places as in 3. At such short odds, the difference between the two odds is 10 per cent in terms of winnings. 00, your expected return is $20. 40. The opposite math is true for positive odds:Converting from fractional odds to decimal odds. Decimal Odds. To convert American odds to decimal odds, you can use the following formula: Decimal odds = (American odds / 100) + 1. 675; The shortcut way to convert from a percentage to a decimal is by removing the percent sign and moving the decimal point 2 places to the left. 0 as fractional odds would be 5/1. The easiest way is to use an odds converter, but if you’d like to calculate it yourself, minus one from the decimal, then convert to a fraction and reduce the fraction to its simplest form. Calculating payouts is as simple as multiplying the wager by the decimal odds, with the result being the profit with the initial bet included. So, if a punter placed a stake of £1 on this bet and it was. How to Use the Sports Betting Odds Calculator and Converter. 25 + 1 = 2. If you bet on 4/1 (said “four-to-one”) odds, you will get $4 profit for every $1 you bet. 65. Calculator users will notice that odds. Fractional Odds. 75 - 1. A winning $10 bet at 1/2 fractional odds would return $15. To do this, you’d do the following calculations: 1/5 = 0. When a selection is even money the decimal odds are 2. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. Formula: The method to convert American odds to fractional odds depends on whether the odds are positive or negative: For Positive American Odds: Fractional Odds = American Odds / 100. your stake. Fractional odds are the oldest form of betting odds that we still use in the 21st century. You will probably be most familiar with odds as fractions (e. You can then simplify the fraction if needed. Converting Fractional to American and Decimal You can convert fractional to decimal odds by adding +1 to the numerator and denominator. 67. In the above example, where the bookmaker offers odds of 49/50 on a coin toss, the odds are shown as a fraction. 3 percent. Example for 3/2: 3/2 +1 = 2. If you just change general to fraction on excel, it comes out as 2 3/4. 5 times your original stake. Similar to decimal odds, you can calculate your winnings as well as the probability. Read More Sports Betting Q&AsFractional odds are represented by a fraction, or by two numbers separated by a slash – 7/1, 3/2, 1/3 and so on. 4/6 is a decimal odd of 0. Find the equivalent fraction for 3⁄5 by multiplying the numerator and denominator by 2. 0, and then find the nearest whole integers (e. That’s it!Convert 3⁄5 to a decimal. g. 4/1) x 10 = 4/10. Equivalent fraction for 1. (2/1) +1 = 3. It is more of a standardized choice of odds representation. 1 - (100 / American odds) = decimal odds. American 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). Decimal Odds. The simple rule of thumb with decimal betting odds is the bigger the number, the larger the return will be. Lesson 2: Converting fractions to decimals. 3 = 1. On my Excel 2013 I can use the function button but they are mathematical fractions. Example for -200 American odds: -100 / -200. ¼ + 1 = 1. This would be 3. 270 X 100 = 227. In our case 35 is 2 digits long so we need to multiply the numerator and denominator by 100. As fractional odds of 1/2 mean you will receive £1 for every $2 you bet, the decimal equivalent is 1. 50 in decimal odds. 2. I need a UDF that will take a decimal price e. then somehow find greatest common factor. Let’s say the odds are 5/3. You will also receive your £/€1 stake back so your total return is £/€9. Start using odds-converter in your project by running `npm i odds-converter`. Rewriting decimals as fractions challenge. za can be displayed in three ways: Fractional, Decimal or South African. To go to decimal from fractional you divide the numerator by the denominator and add one. You can reduce the fraction to lowest terms first to make the long division math a bit easier. Here is an example of Decimal odds in a 1X2 soccer market from Pinnacle: Calculating the potential return for a $100 Bet on Chelsea at 2. If we look at fractional odds first, we can quickly identify good value at a glance. When converting decimal odds to fractional odds, here’s the formula that most bettors use: Subtract 1 from the decimal odds, then turn the decimal into a simplified fraction. (as of Python 3. Choose your preferred odds format (Decimal, Fractional or American) Insert the odds you wish to convert in the white box in the top right of the calculator. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. For example, decimal odds of 3. For example, odds of 2/1 mean you will win £2 on a £1 wager if the bet is successful. You win £3. Algorithm for simplifying decimal to fractions. If $10 is bet at odds of 3/1, the potential profit is $30 ($10 x 3) and the total returned is $40 ($30. 21/5 is 1/5 1. 0016 0. American to DecimalAs an example, if the decimal odds are 2. Like fractional odds, they do not include your stake, so add this back at the end. A horse that is 7/2 would be calculated as 2/ (7 + 2) x 100. Thus even odds 1/1 are quoted in decimal odds as 2. 00 in decimal odds, and 2/1 in fractional odds. For example, 1. 75. For example, if you want to convert 9/2 to decimal odds,. 44. 0. 75-1 = 75/100 or 3/4. 5 in decimal odds) would have an implied probability of. For example, if you have the odds of 2/1, just divide 2 by 1 and add 1. I'm no maths expert, but decimal -> fraction is difficult(!). If you are wondering whether the odds you are working with are fractional odds, they should look something like “3/1” or “5/2” or “4/1”. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. This will convert your decimal number to a fraction. convert odds between american, decimal, and fractional formats. Converting To Decimal Odds. For example, by inputting the decimal odds of 1. 2 Converting into Number Format. Decimal to Fractional OddsDecimal odds display the total payout from a winning bet, including the original stake. 2. The most common fractional and decimal equivalents are listed below. Frequently asked questions about how to convert odds How do i convert fractional to decimal? Just add 1 to the result of the divided fraction. 75, transferring this to a percentage, 75/100, or 3/4 odds. 270: Odds x Stake = 2. 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. For example, odds of +200 (American) equal 2/1 (Fractional) equal 3. For example, decimal odds of 1. This gives both outcomes a win probability of 52. 22: 82. (6. OddsComparisons. If you want to convert fractional odds to decimal odds, here’s. 00 = 4/1. 7. No. To convert the decimal 1. To calculate the radius we need to divide it by 2. 25 becomes 1. Convert the decimal into a fraction by putting the decimal over 1 in fraction format. The odds for a possible event are directly related to the statistical probability of that event. Convert Fraction in Text Format to Decimal in Excel. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. $100*1. Convert 3⁄5 to a decimal. For example, a decimal odds of 2. 25 25/100 -> 1/4With decimal odds, you can determine the implied probability by dividing them by 1 and multiplying the result by 100: 1/odds x 100. 50 and the implied probability remains 66. $5 stake divided by 2 = $2. 0. 40 – 1 = 2. Fractional to Decimal Odds. 2. Coin flip probability calculator lets you calculate the likelihood of obtaining a. Length = 2 Then Dim a, b As Integer If Integer. 5 mathematically you’d describe it as 4. 25)) '1/4' >>> print Fraction (0. Rewriting decimals as fractions: 2. The decimal format has become increasingly popular in Europe and Australia since it was introduced in Britain in the early 1990s. 1. To do this, you’d do the following calculations: 1/5 = 0. Below is a table highlighting the difference between the various odds types:In the case of 18 and 10, the greatest common divisor is 2. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. It also calculates the implied probability of the bet and. 59/2 means a £5. 2244 (k) 0. 00 you place on a particular outcome, you will receive a profit of 0. To convert fractional odds to decimal, divide the first figure by the second figure and then add 1. 0625. 6 Answers. This is the main difference, decimal odds are always shown to a one unit stake while fractional odds can be shown to many different units. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. e. To Win $0. Under 1/1: divide -100 by the Fraction as a Decimal. Using long division to solve this problem by hand or in your head, reducing 9/12 = 3/4, might make the problem easier. 20) + 1 = 2. Otherwise Evens would be a return of 1 rather than 2. 2, 8. 00 = 5. Complete the division to convert the fraction to a decimal. Examples. Calculate American odds, decimal odds and. ; Step 2- Use that to determine what the denominator of the fraction would be. As you can see, it is not about any complex mathematics. 01 and 1. You win £3. 0. 80 : 1. 2 Converting. 00) and place over 1. You can convert fractional odds to decimals in a very specific way. Example of 60%: 1 / (60/100) = 1. For Decimal Odds Less. 00. 675 becomes 0. If you want to bet on Golovkin to win the fight (8/13 odds), calculate your winnings by multiplying your wager by the quotient of 8 ÷ 13 (0. For example, the 4-to-1 fractional odds shown above is the same as 5 in decimal odds, while 1-to-4 would be quoted as 1. Examples: 3/4: (3/4) + 1 = (. To do this, you’d do the following calculations: 1/5 = 0. 0. To determine the payout, multiply the result by the wager. Quickly and easily convert odds to fractional, decimal and American formats with our odds converter calculator. 00. To convert the decimal 1. Understanding decimal odds . 98. Fractional Odds, 7/4. 12: 89%: 1/7-714: 1. The word “about” is used because the answer was rounded from the decimal to the percent. Select the decimal numbers you will convert, right click and select Format Cells from the context menu. 5. Let’s take decimal odds of 4. 00 or . , if we have odds of 1:3, then we divide 1/3 by 4/3 which gives us a probability of 0. You need to add 1 when converting fractions to decimals with odds, as while 7/2 is 3.