They are commonly used in the United Kingdom, Ireland, and other countries that follow the British betting tradition. A positive value of +500 says you’ll win $500 for every $100 staked. Example for -200 American odds: -100 / -200 = 1. E. To convert fractional to negative American odds, you have to divide -100 by the value of fractional odds (e. 35 x 100 1 x 100 = 235 100. The bottom number of the fraction shows how many times your stake will be divided to calculate your winnings: $1 stake divided by 2 = $0. In this case, 1/5 will become 1/6. First, count how many places are to the right of the decimal. $5 stake divided by 2 = $2. 5/100 = 0. How to Convert Decimal Odds to Fractional? Formula: Fractional Odds = (Decimal Odds – 1)/1. You will probably be most familiar with odds as fractions (e. A negative value of -200 says you must stake $200 to win $100. Above, 100 times 2. 00) and place over 1. 00 or . 8. This calculator will convert "odds of winning" an event into a probability percentage chance of success. For example, if the decimal odd is 2. Decimal odds of course, are just a simple multiplier to your original stake. Question 2: Write the following decimals as fractions, in their simplest forms (a) 0. If you are more comfortable with Fractional odds you can convert Decimal odds by reversing the formula above: Decimal odds -1 and converted into a fraction = Fractional odds. 003 to a fraction such as 3/1000)? I still don't know which specific function I should use to convert fractions to decimals. 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, 1. Multiply the odds by the bet. A. The most common fractional and decimal equivalents are. You would receive your dollar back if you wagered $1. Multiply the numerator and denominator by a power of ten to make the decimal a whole number. Write 0. To convert fractional odds to decimal, you must divide the first figure by the second figure and then add 1. In the Type list, click the fraction format type that you want to use. Fractional odds express the net return (in fractional form) from a winning 1 unit bet. 8. However much your wager is, you simply multiply it by the decimal odds to work out the total payout. Another example would be odds of 6. 0. You can convert fractional odds to decimals in a very specific way. Tags: math,maths,converting. 25. 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”. For example: 10/1 odds would be winning $10 for every $1 you bet. 1. And that's how the betting odds are calculated, numerator (7) / denominator (4), but if you win you don't get only 7 back but you get the winning 7 AND your bet (7 + 4), thus bookies say 7/4, but you receive 11 (assuming you already paid the 4). 4 (8 / 20 = 4 / 10 = 0. Examples:With decimal odds, a 2. Another example would be odds of 6. To convert the decimal 1. Example: 0. In this example, we can simplify to 2/5. 00 you place on a particular outcome, you will receive a profit of 0. 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. See the conversion table, format definitions and examples of how to use odds and probabilities. Step-by-Step Conversion from Fractional Odds to Decimal. Check out the implied probability of any odds. 5/2 to Decimal Odds. Example for -200 American odds: -100 / -200. 20 plus the original $1 stake. The factors of 5 are: 1 5. How to convert decimal odds to fractional odds To convert decimal to fractional, subtract one from the decimal figure (so 2. 9702 (l) 0. Here are the equivalents of your examples: 1 / 10 = 11/10 = 1. Length = 2 Then Dim a, b As Integer If Integer. Decimal to fraction conversion table Conversion from decimal numbers to fractions. The number you enter can also have decimal places as in 3. Fractional Odds: 2/5; American Odds: (-100 / 1) / (2 / 5) = -250; Use our Fraction Odds to Decimal, American & Probability Converter. 1 / Decimal Odds. 90, so 19/10. From Fractional. Fractional odds are mainly used in the UK, as well as Ireland. Converting Decimal Odds To Fractional Odds. To Win $0. 00, which can be represented as 2/1). 5, which is the same as +450. 1. Decimal Odds = 5/3 + 1 = 1. For example, let’s convert the fraction 1/8 to a. To do this, you’d do the following calculations: 1/5 = 0. 54. 7007 Question 3: Convert the following decimals to fractions, in. American Odds – positive odds are simply multiples of 100 (Z x 100), negative odds are division of 100 (100 / Z). So, if a punter placed a stake of £1 on this bet and it was. 225 (h) 0. To determine the total amount that you will receive for a winning bet, simply solve the equation above and add $20 to the total. Odds math: How to do odds in mathematics Understanding bookmaker odds and manipulating bookmaker/sportsbook odds is the one true way to understand how odds. To determine the payout, multiply the result by the wager. For Europeans the most common format is decimal, where a price such as 3. 40. For example, 3 to 2 odds can be expressed as 3/2 or 1. American Odds. Fractional odds allow you to calculate how much money you will be returned should your bet win. As decimal odds show as an odds ratio, you can see this as a method to convert odds ratio to probability. Simplify if. 00 = 3. You then simplify the fraction by dividing both numbers by the largest common. Enter the Decimal odds, American odds or Fractional odds. For this format, then, 2/1 would be expressed as – 0. 3. If $10 is bet at odds of 3/1, the potential profit is $30 ($10 x 3) and the total returned is $40 ($30. The sum is performed by subtracting 1. 9. 44 × 100 % = 44. For our example, we get: 1 + 2 =3. 0, and then find the nearest whole integers (e. As an example, if you bet $100 on 1/2 (or 0. Using this converter is easy. 0. 1234 (i) 0. Decimal For example, if you bet $10 at an odds of 3. Negative american odds - Negative 100 divided by the fractional odds e. 15 decimal odds, 23/20 fractional odds, 1. Calculator users will notice that odds. For example the decimal probability equivalent of race odds is computed as (odds numerator + odds denominator) / odds denominator, so these will always be greater than one. 1. Select the whole column containing the decimal number. 00 for every £/€1 you bet, you will win £/€8. For the British and Irish they are most familiar with fractional odds, which are displayed as 1/2, 1/1 (evens), 2/1, 100/1 and so on. 00 and convert to a fraction, reducing to the simplest form. My first attempt was to use this to convert the fraction straight to a decimal number, however it requires the text to be a single number - not a formula. How to convert fractional odds to decimal? To convert fractional odds to a decimal, divide the probability by one minus the probability itself. A tool like our moneyline calculator can be crucial to a. lets say i have number . 11/4 to Decimal Odds. This implied probability translates to 3. To convert fractional to negative American odds, you have to divide -100 by the value of fractional odds (e. 00 = 4/1. 00. If the decimal price is 1. Decimal odds conversion to percentage Decimal odds are a simple reflection of the return you will receive for each single unit placed. 50 in decimal odds. Here is the formula for converting Decimal odds to American: For Decimal odds of 2. Try betting £100 at 3/100 or 1. , the amount you wagered). In the Category list, click Fraction. For example, for decimal odds of 1. This means positioning the decimal number as the numerator and. 3 = 1. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. Divide the fractional odds, then add 1. 00 in decimal odds, and 2/1 in fractional odds. a fractional value of 1/5 = -100 / (1/5) = -500. 25) Fraction (1, 4) >>> str (Fraction (0. Example for +200 American odds: 200 / 100 = 2/1. 1 Converting into General Format. In the above example, where the bookmaker offers odds of 49/50 on a coin toss, the odds are shown as a fraction. 6, you can do the same with a decimal. Examples: 2. As a result, you would notice that excel converts the numbers in the selected cell into fraction form. The decimal odds would be listed at 1. Calculate amount of digits after decimals. 75 could be converted to a fraction by removing the 1 to leave . The Decimal odds for the Dallas Cowboys to become SuperBowl champions is 1. 98. Fractional Odds: 1/5 = 0. 00. 2. 00 profit (50% return). If a minus (-) is displayed, this number represents the total amount that is needed to be staked to win $100. 3100/30 means £4. This means a $100 bet would potentially win you. Reduce if possible. 3435. Converting Fractional Odds To Decimal Odds. So, if you place £1 on Arsenal to win and they. g. How do I convert decimal odds to American? If you want to learn how to convert decimal to positive American odds, you have to subtract one from the decimal value, then multiply it by 100. Fractional odds are indicated in the form of fractions in the image below. 5) fractional odds and your. 19%. To convert Decimal odds to fractions: Decimal Odds – 1. A fraction is one way of writing a division. The first step to converting fractional odds to decimal odds is to make sure that you are using fractional odds! Fractional odds are represented as a fraction — hence the name. The next step is to simplify this fraction and, to do that, we need to find the greatest common factor (GCF). Ew. Under 1/1: Divide -100 by the Fraction as a Decimal. For example, if the decimal odds are 2. OddsComparisons. 000 (Decimal) and result in implied probability of 33. 5, this is the equation: 4. 30 and so on. Summing them up (you can use our fractions. Convert the decimal to a fraction. 25 = -400 1/10: -100/(1/10) = -100/. For example: 6. Decimal odds are a way of displaying odds in an easy to understand way. 50 – 1. You can usually change them to decimal on the bookmaker site, but if you can’t see how to do this, you can convert them using this tool. With decimals you can see that your stake is included in the figure. 3/1). If we showed the same odds in decimal format, they would look like this: Decimal odds: 1. 5 decimal odds and 1/2 fractional odds. 75. 4 you'll find the four is in the tenths position. 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. How To Use The Punters Page Odds Calculator. 0 when betting £10 would return £60 profit plus the original £10 stake. 769 Fraction to Decimal Odds conversion. 30 and so on. 00 or equal: Formula: American Odds = (Decimal Odds – 1) * 100; In other words, subtract 1 from the decimal odds. 00: American = (decimal – 1) * 100 (often expressed with a + in front, e. I need a UDF that will take a decimal price e. New customers, Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1. The 4/1 fractional odds discussed above are quoted as 5. The strategy is along the lines of what Daniel Buckner wrote. 87, which would make for much easier math on this $10 bet. 80, think of this as 180%. g. Example: 0. To convert +160 into fractional odds, for instance, divide. Then, divide that value by 1. Converting odds into probability, we divide the odds by 1+ the odds e. To do this, count how many numbers there are after the decimal point. Therefore, P (at least 1 heads) = 1 - 0. 65 means that for every 1. 4 – 1 = 0. Use our odds converter tool below to try more fractional to decimal odds conversions. For example, the odds of 3. Step 2: Remove the decimal places by multiplication. g. To get the percentage: 1 / (36 + 1) * 100 = 2. To convert fractional odds to decimal odds, taking the losing odds to be 1/2: First, add the denominator of the fractional odds to its numerator. 75, transferring this to a percentage, 75/100, or 3/4 odds. % = 0. In this format, the odds are expressed. 676 (d) 0. com. Difference between decimal, fractional and American odds. It becomes a little more complicated with American odds. Bet Amount. 333333. 270: Odds x Stake = 2. 75 + 1. This creates the decimal odds of 2. How to convert decimal odds to fractional odds To convert decimal to fractional, subtract one from the decimal figure (so 2. Multiply both numerator and denominator by 10 (because there are 1 digits after the decimal point so that is 10 1 = 10). 005 1. 0. If you didn’t use decimal odds then instead of something as simple as 4. The +115 American odds convert to 2. Step 1) Convert decimals odds. 675 x 100 = 67. Converting from fractional to decimal odds is the easiest conversion to do. 33%, and of losing 1/6 = 16. If an event at odds of $5. The Stars are 1. The payout is your initial stake plus a $90 profit. 50 and the implied probability remains 66. To convert fractional odds to decimal, take the fractional number, convert it to decimal by doing the division, and then add 1. 40. 5 as fractional odds would be 15/2. 0 to get a final value. Odds Table. If we showed the same odds in decimal format, they would look like this: Decimal odds: 1. This is probably the trickiest of odds converting (and should rather be done with an odds converter). 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. You need to add 1 when converting fractions to decimals with odds, as while 7/2 is 3. Bet $100 at odds of 1. 5; 1. WEBSITE APP Click the icon in the top left corner Go to Settings to change betw. Well, let’s talk about how it works to learn more. 00, your expected return is $20. Step - Starting from the top left corner of the home page, the menu bar is displayed down the left hand side of your screen. The team would win 5 out of 6 games and lose 1 of them. Surprisingly I looked online and all the code I found was either too long, or wouldn't work in some cases. So if the decimal odds show as 5. 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. Decimal For example, if you bet $10 at an odds of 3. To convert American odds to decimal odds, you can use the following formula: Decimal odds = (American odds / 100) + 1. 50, you would first subtract 1 to get 2. 5 in the above example). To convert US odds to decimal, if the US odds are positive, divide by 100 and add 1. . The equation you would use to see if Player A would win is listed below. For an explanation of the odds types on this table see decimal, fractional and American odds. 5 as the answer. 5) + = 8. Joker365. It also calculates the implied probability of the bet and. . In order to convert a fractional odd into American odds you simply have to follow this formula: Over 1/1: Convert Fraction to Decimal and multiply by 100. (8. As an example of how to convert fractional odds to decimal, you can start with the fairly standard 2/1 odds. 5/1 or 7/2. 00-1=2. =. 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. For a quicker, error-free conversion, use our online tool: Fraction Odds to. For example, with odds of 1. The word “about” is used because the answer was rounded from the decimal to the percent. The Green Bay Packers would be 1. To convert between different odds formats and calculate your payout, simply follow these 2 easy steps: Fill in the odds in any of the odds fields: American, decimal, fractional or implied. Finally is American odds, with these coincidentally being primarily used. If you take the fractional odds of 9-5 and turn them into a division problem (dividing nine by five), you wind up with 1. Decimal point odds are based around the total payout - remember that this includes your original stake. 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. To calculate the parlay odds from moneyline: Convert American odds to decimal for each bet. 13 – 4 = 9. , 3. 50 winnings = odds of 1/2. 1. 2. 0 16 10000 0 16 10000. 5 decimal odds and 1/2 fractional odds. A spread bet in football is normally offered at -110 on both sides of the bet. By performing the division of 8 by 20 we get the decimal equivalent of 0. In order to convert a fractional odd into American odds you simply have to follow this formula: Over 1/1: Convert Fraction to Decimal and multiply by 100. How do I convert decimal odds to American? If you want to learn how to convert decimal to positive American odds, you have to subtract one from the decimal value, then multiply it by 100 (e. 2 + 1 = 1. 33% probability. 25, you convert it into fractional odds like this: 1. The sum is performed by subtracting 1. Fraction. To calculate the implied probability from fractional odds the equation is: denominator / (denominator + numerator) * 100 = implied probability0. 20 X (9/2) = 4. To convert fractional odds to decimal, take the fractional number, convert it to decimal by doing the division, and then add 1. 11: 90%: 1/8-833: 1. American Odds. So for example, if an event at 4/1. 5 is a factor of 10. g. AboutTranscript. g. Let’s take decimal odds of 4. 25 or 25%. 5. So for example, if an event at 4/1. A 3/5 favorite is equal to -167 in American odds and 1. The simplest method to transform a fraction number to a decimal value is to simply divide the numerator by the denominator to get the decimal value. Moneyline = -100/(fraction value) Examples: 1/4: -100/(1/4) = -100/. 75) The Mets are. For example, if the probability is 20%, then the odds will be 0. 3 percent. 5) = 15/2. Stake not returned. 000 (Decimal) and result in implied probability of 33. Example, US2Win(-120,120) = 100, or US2Win(-110) ? 0. To calculate profit in decimal odds, simply multiply the odd by the amount bet and subtract the amount bet from the result. And while many sports betting fans prefer. Converting Fractional to American and Decimal You can convert fractional to decimal odds by adding +1 to the numerator and denominator. You can then simplify the fraction if needed. 00 or 2. American odds. 5 (5/2) equals 250. If the decimal value is 0. 00. 33%) . odds. Probability is expressed as a decimal number in the range [0,1]. So 4/5, when converted to decimal odds, will be: (4÷5) + 1 = 1. For fractional odds into decimal odds, you simply divide the first number of the fraction by the second and then add one to the number. Odds can be expressed as a ratio of two numbers (so as 1/2 odds and 100/200 odds are the same), or as a number, by dividing the terms in the ratio (0. 5. 1666667, which is 1/6. Convert fractions to decimals and percentages, work with mixed numbers and improper fractions and solve for X in fractions equations using CalculatorSoup ® online fractions calculators. 75. It is easy to convert to 10's feet. To go to decimal from fractional you divide the numerator by the denominator and add one. e. Keep in mind a factor is just a number that divides into another number without any remainder. 0. Step 2: Multiply both top and bottom by 100 (because there are 2 digits after the decimal point so that is 10×10=100): The juice or commission on each bet here is fractional odds of 10/11, so you would need to bet $110 to win $100. 0. 00) if you wish. Decimal odds represent the total return on investment, including both winnings and initial stakes - like 6/1 = 7. 7%. The numerator is divided by the denominator. 75 = . Next, given that you have x decimal places, multiply numerator and denominator by 10 x . The simple formular to convert from fraction odds to decimal is to divide the numerator (top number) by the denominator (bottom number) and add 1. So, think of decimal odds in monetary terms. Fractional odds are mainly used in the UK, as well as Ireland. 1% chance of winning. ; Step 3-Remove the decimal point. Betfair. 5 – 1 = 1. It also calculates the implied probability of the. 50 winnings = odds of 1/2. 17: 85%: 1/5-500: 1. 00 would be converted to 2/1 (3. 25 + 1 = 1. 1. Decimal odds are a way of displaying odds in an easy to understand way. 75 to a fraction. It is more of a standardized choice of odds. Decimal odds represent the. 0. 25), then multiply both this number and the stake by 100. To convert these odds to their respective implied probabilities we make. To switch the odds from fractional to decimal, simply go to settings and select either fractional or decimal odds. 0625 = 0.