Vegas odds and lines from top rated legal Sportsbooks covering the NFL, NBA, MLB, NHL, College Football, College Basketball, WNBA and CFL. Choosing big underdogs for your free bet is usually the best move. 64 for a total payout of $94. The spread converter / moneyline converter tool would then tell you that you should expect to find moneyline odds of -284. Now, we understand the fair odds at -110 and can look for an edge if one side has at least a 50% chance of winning. An odds converter calculator is a tool that allows bettors to convert between different odds formats and implied probabilities. 3% before) and Utah should win the game 37. In this case, you would need to place a $220 bet on the Under 50. For instance, if the American odds are 120, it means you will get $120 if you win the bet by putting down $100. Example: You bet on the Giants to beat the 49ers at odds of 2. We recall the opening odds of Yankees -135. 16 would guarantee only a very small overall loss. The winning bettor would receive a return of $700 whether the bet was made with fractional odds or American odds. Money Discrepancies. 33%, and of losing 1/6 = 16. Here is an example multi-sport parlay on three teams that would turn a $100 bet into nearly $1,000 if the three teams win their respective. For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount. NBA Clutch Player of the Year odds for the 2022-23 season. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83. Odds Formats. The first is for when the decimal odds are greater than 2. If you bet $100 on the Giants and they win, you win $150. $10 bet = $13. Below we have listed the odds conversion chart as listed on Bovada. 91 in decimal odds. This is helpful in handicapping because you can see just what percentage of your wagers you need to win at each given money line in order to profit. A team or player with a minus sign in front of their name is generally the favourite, unless the odds are very close. 15*$50=$57. Wise’s currency converter will show you how much your money is worth in other currencies at the real exchange rate. When you see decimal odds of 2. 5-points they are likely to cover. 67. 67%. Use the AceOdds Bet Calculator to work out returns for Accumulators, Lucky 15's, Doubles, Trebles, Football, Horse Racing and more. 25 including the original $50 risked. Arbitrage exists because bookmakers set their odds independently; in other words. 1 -1) * 100 = +110. 50 in decimals). Using our odds value calculator, you can get the expected value of your bets by comparing your projections to the odds listed by sportsbooks. Get a plain-english breakdown of how you make money, no matter which outcome happens. Converting positive odds: You divide the American odds by 100 and add 1. 00, you. €1. American odds indicate how much money you need to bet to win $100 (for negative odds) or how much you'll win from a $100 bet (for positive odds). 50. 30. For example, staking £5 at decimal odds of 11. 30. 14 per. The British. For example, 2. It can be a bit of a hassle to convert between the different types of odds. Lucia will accept other foreign money, such as the Euro Dollar,. Luckily, we have developed a converter. The “fair” win probability for the above example is that Ohio State should win the game 62. For example, staking £5 at decimal odds of 11. or 1. Enter any one of the seven and the. 0000000344 or 0. Multiply the result by 100 to get the IP percentage. 50. A 3-point favorite is usually around -151. 50 for a total payout of $66. 5 (-108) at $50. The Odds Calculator is a tremendous way to calculate your potential winnings when it comes to placing multiple bets including accumulators. This ensures that we have covered all outcomes of an event. Odds: 48. I promised converting decimal odds to implied probabilities was easy. 50) * 100 = 40%. Low margins. 22% and 15. Horse racing odds, though, are pretty straightforward in that they show the amount of profit on a bet in relation to the amount invested. The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. As you can see, the optimal way to hedge is to place your free bet on Liverpool -4. Basket, or a five number bet, is available only in American roulette and allows players to bet on the zero, double zero, 1, 2, and 3. 00 = 3. Any given week of the NFL you will see some massive odds for games and huge favorites. Learn how to bet on sports by using our betting odds, odds value, odds converter, and hedging calculators to get all the data you need to make the right wagers. The Probability to Odds Formula. American Odds of +10000 when converted to decimal odds are $101. Let’s use Super Bowl 57 as an example. Ordinarily, the odds for a money line bet on either team to win would be 2. Example for 1. Odds Converter are useful also for any type of Odds (either Money line, Fractional or Decimal Odds). -3. Green Bay Packers. 1: (2. 5. American odds of +200 would become 3. In this instance, you’d win $7 total. The amount of money that you earn can vary dependant on the time and effort that you commit each month. 366 is the purchase price in U. Payout. 50 plus the original $10. Poker is a competitive game with real stakes and real money. Our odds value calculator is also known as the EV (expected value) calculator. For example +100 in sports betting means that you get your money doubled. Using the example above, Chiefs -6. 5 or Auburn +20. There are two different ways to convert from decimal to American odds. You can plug those probabilities into an odds converter to find the fair odds or no-vig line for this market to be -123. This also means that your wager won’t profit as much as it would if it was a positive number although you’re more likely to win the bet. It indicates how much you'd win based on the odds and total. You can use the odds calculator a few different ways: Convert odds from American to Decimal; Convert American odds to an implied win probability percentage; Return the. 0 or higher (meaning it will be positive in American odds), use this formula: (decimal odds – 1) * 100. , if we have odds of 1:3, then we divide 1/3 by 4/3 which gives us a probability of 0. 50 – 1 = 0. 120/100 = 1. Select the odd format. 39 (+339). For underdogs it works a bit differently. Bookmakers even out money wagered across the event whilst making money on the winners by taking a vig, cut, juice from the wager. If it’s greater than or equal to 2 you multiply the decimal odds minus one by 100. Use our parlay calculator to figure out how much you stand to win. Another interesting bet calculator which can help users to try out a betting strategy they might not have even heard of before is the Heinz Bet Calculator. Decimal Odds. While this is a perfectly good fraction, bookmakers never use numbers with decimal points in fractionals. How does the odds converter work? Our odds converter allows you to enter any format such as US odds (+100), or decimals / Australian odds ($2. Decimal odds They represent the amount of money that will be returned to a bettor if they win their wager. Rolling a dice yields a probability of 1 out of 6 for each outcome. EUR – Euro. Welcome to our sports betting odds converter. In this case, you’ll receive $16. We’ve also done the research across hundreds of online sites to recommend only the best places to play poker. 2 on the underdog, based. Sports. 5: -100 / (1. 74 by a $50 bet yields $87, and subtracting the stake. In other words, if a wager is -200 odds, a bettor must place $200 to earn $100 profit. * For example, odds of 11 to 2 or 11/2 converts to 11 divided by 2, which provides 5. or: 50% = 52. Including Odds Calculators and Super Bowl Bet Calculator specially designed by SBR betting experts. DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. A. In reality the underdog not only covers, but. A 4-point underdog in the NBA would have a money line listed at about +150. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. A winning $10 bet at 1/2 fractional odds would return $15. A free tool for bettors to convert odds between formats and calculate the payouts of their wagers. 0 x 5, or £55 in total. A sportsbook will set the odds for a preferred total score of points added up by. I’m only a year out of college so the $4,000 I’ve made this calendar year has been life-changing. $0. The base currency always equals exactly one. Download App. Implied win probability = 76. Gaming Today’s Parlay Calculator uses American odds. Learn how free bet conversion works, how to use OddsJam’s Free Bet Conversion Tool to convert your promotional free bets or risk free. 4% / 104. For example, -110 odds mean you need to. Try now. It depends on the one you prefer. Your implied probability is: (1 / 2. 1:20. This means that the bigger, sharper wagers are on that team, while the opponent is getting more of the $5 bets from Average Joes. 03. 80, think of this as 180%. For example, you would bet that the Lakers would beat the Suns by 10. Geting Started Guide. American Odds e. ODDS. Although it is nearly impossible to beat the house, it is certainly possible to maximize your odds of success by utilizing proper strategy. 40 – 1 = 2. 50 is 1/2 in fractions and 1. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. 76 and expect to pay out $100 (including the stake. g. This means you would need to wager $184 to win $100 if you bet on that team to win. 5, if your prediction wins then you would receive back $38. 00, you minus 1 from the decimal and then times the answer by -100. 03 payout. Once you convert your odds to decimal format, you simply multiply the decimal odds together to calculate your final parlay odds. Display payouts based on odds wagered. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. Learning to spot these weak lines will add to your bottom line over the course of a football season. Betting $10 with 3-1 odds will give you a $30 profit plus your $10 back. A team or player with a minus sign in front of their name is generally the favourite, unless the odds are very close. 000, but you can still do a rough conversion in order to have a sense of the nearest fractional odds. Poisson. Betting odds to win Clutch Player including favorites Luka Doncic and Damian Lillard. 00. To win. This means that sportsbooks feel the Cardinals have just under a 55% chance of beating the Colts in their upcoming game. You need to take the presented odds, and divide them by the odds + 100. To calculate “+” odds, divide the odds by 100 and multiply that product by the amount of the wager. The odds converter tool offers the easiest way to change between different odds format used in bookmakers and different betting sites, such as *Fractional*, *Decimal* and *American* and even the likes of Hong Kong, Indonesian and Malay odds. So 4. To convert negative odds, you create a fraction by putting. Considering 1. , 400/100 is the same as 4/1. 74 decimal odds. $765 minus $300 equals $465. So if the bet is +200 and you won, the payout would be $300 for a profit of $200. To get started enter the values below and calculate today’s exchange rates for any two currencies or. So the calculation for decimal odds of 1. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. Let’s use an example. OddsJam processes over 1 million odds per second to find you the best free bet conversion opportunities in real-time. Our betting odds calculator allows you to calculate the returns on 29 different bet types, or it can be used as an odds calculator to work out potential winnings on your bets before placing them. DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting. The winnings you would receive from a bet is calculated by multiplying your stake by the odds. 85), fractional odds (57/20), and implied probability (25. The American odds format, unsurprisingly, is one that is followed by American sportsbooks. Use our odds converter to read any bookies betting markets. Each way. How to win money when reading odds; Betting Odds Converter. Your parlay calculation would look like this: 1. Formula: (1 / decimal odds) * 100 = implied probability. Days Until Pull. If you enjoy betting on football (on. 5. Payout: 1:1. Expressed as a multiple of the original stake. It's easy to convert between probability and odds. It can get a little tricky with fractions, as you have to convert the decimal and reduce the resulting fraction to how the sportsbook would actually list the bet. Odds of -140. 1, whereas the Clippers would have the underdog moneyline odds of +270. 00 and when converted to. Over 216 (-112) at $50. 71. For a negative. The Stars are 1. When Betting an Underdog:. 40/1. 69 in the decimal odds box. On a $100 bet, the payout would be $166. And they're offering +475, so it seems like an awful boost. 00. Odds Shark is the global authority for betting odds, tips and picks across sports, poker, casino games, politics, entertainment and much more. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. Read More. The potential winnings are $44. For every $1 wagered, the bettor profits 71. Some of the available types include 1x2, over/under, Asian handicap, correct score, both teams to score, the first team to score,. Once you convert odds to probabilities and add them together, you’ll get a number greater than 100%. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. 40. It depends on the one you prefer. Example: 1. To calculate the payout of a $50 bet on the Buffalo Bills, divide 115/100 and multiply by $50 (1. That extra $21 makes a huge difference over a large sample size. Total. Decimal odds will be converted to the nearest standard American or Fractional equivalent. That means if you bet $100 on FanDuel and it won, you would win $124. Like most things in the gambling world, the whole point is to turn a profit. In our next article, you can calculate how much money a bet will make you. This tool is very useful for working out your profit from your bet and for comparing odds from different online sportsbooks from around the world, such as the UK’s fractional odds that can be hard to work-out. Enter the amount of money you want to bet $ American Odds. T&Cs apply. Our odds calculator calculates your potential winnings in both American, fractional and decimal odds. 8. Just fill out your bet amount and the odds to see your payout and the implied probability of your bet. Using our odds value calculator, you can get the expected value of your bets by comparing your projections to the odds listed by sportsbooks. To convert moneyline odds to decimal, if the moneyline is positive, divide by 100 and add 1. For example, +800 gives $800 back from a $100 stake. If a lot of bets were taken on the 6/4 favourite, the price would likely shorten, maybe to 5/4 (44. 3/2. Firstly, you can set up the calculator to work in Fractional, American or Decimal odds. Sports Betting Spread to Moneyline Converter. Example for 2. Betting Calculator Parlay Calculator. 09129 USD. Set the preferred format to decimal. Input the odds you want to convert and a bet amount to calculate your potential winnings. For example, if we have a Moneyline of -400, we would have the following calculation: (400 / (400 + 100)) * 100 = (400 / (500)) * 100 = (0. Total Return: The Win (£55) plus the Place (£15) equals a total return of £70 from £10 staked, giving £60 profit in total. On the other hand if it’s less than 2 you divide -100 by decimal odds minus one. for example, +130 will be 2. EUR/USD 1. 5 at +700 odds on DraftKings, and the Leeds +4. Odds as of November 16, 2023. Implied Probability e. Profit is the money you make from a winning bet. The +104 odds on the Flyers, on the other hand, indicate that a $100 bet would win $104. However, a team with -220 odds would require a $220 bet to return a profit of $100. Example: +100, -350. 9%. 5 decimal odds and 1/2 fractional odds. The standard exchange rate of the US Dollar to Eastern Caribbean Dollars is USD 1 to $2. 300/100 is simplified to 3/1. So here we go. There are two steps to convert decimal odds into a fraction. Teams. The content provided on this website is intended for informational purposes only. -2. Get the latest 1 British Pound to Euro rate for FREE with the original Universal Currency Converter. A Moneyline wager involves placing a bet on the winning team or player of a sporting event. Fractional odds are mainly used in the UK, as well as. A positive value of +500 says you’ll win $500 for every $100 staked. The Moneyline Calculator instantly converts American odds to decimal, fractional, and vice versa. Betting at Odds Shark. See what your total payout and winnings will be. Based on this information, you will see that the estimated moneyline. 20). Daily Football Betting Tips Daily Horse Racing Betting Tips Latest Betting Offers Join Betfair!ML Money Line OU REC Record ATS OU EST Score EST Line; WAS +11. The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets. 00000007151123842 = 13, 983, 816 1 0. Betting Calculator. This means that the no vig “fair” odds are +100, and both teams have an implied win percentage of 50%. To easily convert odds, in any format, into implied probability, you can useE. Odds are the currency of the betting world, and. American, decimal, fractional odds, and implied probability can be calculated. For instance, if the. Use this betting tool before heading to your sportsbook to ensure you are committing to the best odds for your dollar. The higher the ratio, the better your pot odds are. If the odds are negative, for instance $-110, wagering $110 dollars would generate a payout of $210 and a profit of $100. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. The +200 means bettors will make twice their investment in profit i. $10 bet = $3. The number shown represents how much money you would win for every $100 bet. If there are $12 in the pot and it costs $4 to call then you are getting 3:1 odds ("cost to stay in"). Accumulator bets enable customers to win large amounts of money from betting a small stake on the outcome of several matches, with a bigger potential return coming from including more selections on your bet. Our betting odds calculator allows you to see what 1. You can also convert the odds manually with the following formula: Divide 100 by a negative number (minus. For example 12/5 is 12 divided by 5, which equals 2,40; If you bet £50 on 12/5 you stand to profit £50*2,40=£100 if your bet wins. Use the dropdown menu to get the right result whether you’re placing a qualifying bet, a free bet where the stake is not returned (SNR), or a free bet where the stake is returned. $10 bet = $13. g. Decimal odds are popular in Europe, while fractional odds are common in the UK and in the horse racing sector. The +140 American odds convert to 2. College football spread betting has been around since the 1940s; spread bets like Alabama -20. $465 divided by $300 equals $1. Using our Bama-USC game, that would be 550/100=5. projections and applying them to smaller markets is a great way to make money in sports betting. Fractional Odds. With a mix of odds, you can’t judge your win loss record the same way as a pure –110. If, for example, the spread market were NY Jets +3. Positive American odds tell you how much money you would get on winning a $100 bet. Talking about deriving a money line or odds directly from the spread. The calculator will automatically update to show you the decimal odds (3. You can convert over 140 currencies quickly and easily. (5 – 1) x 100 = 400. Odds are a bit different in that they usually give the ratio between two events. The left chart is to be used for favorites, and the right for underdogs. In the above scenario, the Mets are the favorite as indicated by the minus (-) sign and it would take a wager of $210 to win $100. Step 2: Input the amount of money you want to stake. If you need to convert a +210 to a fraction format, it would be 210/100= 21/10. This is for informational purposes only. Our NFL odds calculator shows you how much you would win if your NFL bet hits and lets you convert between odds formats. Odds Converter; Matched Betting Calculator; Single Bet Calculator; Double Bet Calculator; Treble Bet Calculator; Each Way Bet Calculator; Accumulator Bet Calculator; Betting Guides. Convert the American odds to decimal odds using our odds converter. Here’s how the two bets payout separately with a $100 budget: Iowa moneyline (-177) at $50. 00. Any Fractional odds over 1 is an underdog while any Fractional odds under 1 is a favorite. In order to cover the spread, the favorite has to win by more than the given value, for example a -2. 15 back ($10 bet + $6. These odds quote the net total which will be paid out to the bettor should they win, factoring in their stake. The first is for when the decimal odds are greater than 2. S. An odds calculator is easy to use. If they are given odds of 1. g. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. Enter the original value.