If the American odds are positive, you would divide by 100 and add 1. To convert American odds to decimal odds, you can use the following formula: How do you convert American odds to decimals? This makes them a versatile choice for betting enthusiasts who want to compare odds across different formats. Using mathematical formulas, decimal odds can also be easily converted into other odds formats, such as fractional and American odds. For example, if the odds are 2.5, the probability of the outcome occurring is 1 / 2.5 = 0.4, or 40%. To calculate the probability of a particular outcome using decimal odds, divide 1 by the decimal odds. The decimal odds format is very easy to use and can be easily understood by beginners.
#Convert odds to percentage plus#
For example, if the odds are 2.5, and you bet $10, you would receive $25 back if you win ($10 original stake plus $15 profit). They are also known as “European” or “continental” odds.ĭecimal odds represent the total amount you will receive back if you win a bet, including your original stake. What are decimal odds?ĭecimal odds are a popular way to represent the probability of a particular outcome in a betting event, particularly in Europe, Australia, and Canada. Negative odds are used for favourites, which are more likely to win.Īmerican odds are often used alongside other odds formats, such as decimal and fractional odds, and can be converted between these formats using simple mathematical formulas. Positive odds are typically used for underdogs, which are less likely to win. If the odds are -200, you must bet $200 to win $100 in profit. A positive number represents the potential profit you can make from a $100 bet, while a negative number represents the amount you need to bet to win $100.įor example, if the odds are +200, a $100 bet could potentially win you $200 in profit. They are also known as “moneyline” odds, and are commonly used in sports betting.Īmerican odds can be represented as either a positive or a negative number. Implied Probability (%): What are American betting odds?Īmerican betting odds are a popular way to represent the probability of a particular outcome in a betting event in the United States.
#Convert odds to percentage how to#
How to predict football matches correctly.How much can you make from matched betting.
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