Odds Converter

Odds Converter Calculator

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Odds Conversion & Percentages Table

Understanding different odds formats and their associated probabilities is essential for making informed betting decisions. Converting between formats allows bettors to compare odds and identify the best value. Below table offers you a quick look over how odds in each format evolves along with implied probabilities.

This table can be used to give you a quick position in regards to any betting odds range, but for an exact match, please use the odds conversion calculator above. Furthermore, if you are interested in the calculations, check below formulas for converting betting odds between American style, Decimal style, Fractions style and percentages.

American Odds

American odds (also known as Moneyline odds), are commonly used in the United States. They are represented as either positive or negative numbers, indicating the potential profit or required stake to win a particular amount:

1. Positive Odds: Positive odds indicate the potential profit for a $100 bet. For example, if the odds are +200, a successful $100 bet would yield a $200 profit.
2. Negative Odds: Negative odds indicate the required stake to win $100. For example, if the odds are -150, a bettor must stake $150 to potentially win $100.

To convert American odds to implied probability, use the following formulas:

• Positive odds: Probability = 100 / (odds + 100)
• Negative odds: Probability = |odds| / (|odds| + 100)

To convert American odds to decimal odds, use the following formulas:

• Positive odds: Decimal odds = (American odds / 100) + 1
• Negative odds: Decimal odds = (100 / |American odds|) + 1

To convert American odds to fractional odds, use the following formula:

• Positive odds: Fractional odds = American odds / 100
• Negative odds: Fractional odds = 100 / |American odds|

UK Fractional Odds

Fractional odds (or also known as UK odds), used commonly in the United Kingdom and Ireland, are represented as fractions, such as 3/1 or 5/2. The fraction indicates the potential profit relative to the stake:

• Odds of 3/1: For every $1 bet, a successful bettor would win $3.
• Odds of 5/2: For every $2 bet, a successful bettor would win $5.

To convert fractional odds to implied probability, use the following formula:

• Probability = 1 / (Fractional odds + 1)

To convert fractional odds to decimal odds, use the following formula:

• Decimal odds = fractional odds + 1

To convert fractional odds to American odds, use the following formula:

• Over-unitary fractional odds: American odds = Fractional odds * 100
• Sub-unitary fractional odds: American odds = -100 / Fractional odds

European Decimal Odds

Decimal odds (also known as European odds) is a popular format used in Europe, Canada and Australia, and in good part of the African countries. These are represented as decimal numbers, such as 1.50 or 2.75. The decimal number indicates the total potential payout, and it includes the original stake:

• Odds of 1.50: A successful $100 bet would yield a total payout of $150, including a $50 profit.
• Odds of 2.75: A successful $100 bet would yield a total payout of $275, including a $175 profit.

To convert decimal odds to implied probability, use the following formula:

• Probability = 1 / decimal odds

To convert decimal odds to fractional odds, use the following formula:

• Fractional odds = (decimal odds – 1) / 1

To convert decimal odds to American odds, use the following formulas:

• If decimal odds are >= 2: American odds = (decimal odds – 1) x 100
• If decimal odds are < 2: American odds = -100 / (decimal odds - 1)

Hong Kong Odds

Hong Kong odds (short HK odds) is a format used in Hong Kong. The British influence is seen here, as Hong Kong odds are nothing but fractional odds (UK format) shown in decimals, not fractions. HK odds are represented as decimal numbers, such as 1.25 or 0.75. The decimal number indicates the total potential profit (does not include the original stake):

• Odds of 1.25: A successful $100 bet would yield a total payout of $225, including a $125 profit.
• Odds of 0.75: A successful $100 bet would yield a total payout of $175, including a $75 profit.

To convert Hong Kong odds to implied probability, use the following formula:

• Probability = 1 / (Hong Kong odds + 1)

To convert Hong Kong odds to decimal odds, use the following formula:

• Decimal odds = Hong Kong odds + 1

To convert Hong Kong odds to fractional odds, use the following formula:

• Fractional odds = Hong Kong odds / 1

To convert Hong Kong odds to American odds, use the following formulas:

• If Hong Kong odds are >= 1: American odds = Hong Kong odds x 100
• If Hong Kong odds are < 1: American odds = -100 / Hong Kong odds

Malay Odds

Malay odds (also known as Malaysian odds) is a format used in Malaysia. These are represented as decimal numbers, both positive and negative, such as 0.25 or -0.8. Below is how you calculate the payouts from Malay odds:

• Odds of 0.25: A successful $100 bet would yield a total payout of $125, including a $25 profit.
• Odds of -0.8: A successful $100 bet would yield a total payout of $225, including a $125 profit.

To convert Malay odds to implied probability, use the following formula:

• Positive odds: Probability = 1 / (Malay odds + 1)
• Negative odds: Probability = 1 / (1 + 1 / |Malay odds|)

To convert Malay odds to decimal odds, use the following formula:

• Positive odds: Decimal odds = Malay odds + 1
• Negative odds: Decimal odds = 1 + 1 / |Malay odds|

To convert Malay odds to fractional odds, use the following formula:

• Positive odds: Fractional odds = Malay odds / 1
• Negative odds: Fractional odds = |Malay odds| / 1

To convert Malay odds to American odds, use the following formulas:

• Positive odds: American odds = –
• Negative odds: American odds = –

Indonesian Odds

Indonesian odds is a format used in Indonesia. The format here has more similarities to US American odds, as if you divide American odds by 100 you would get Indonesian odds, shown as decimal numbers. These are represented as decimal numbers, both positive and negative. Below is how you calculate the payouts from Indonesian odds:

• Odds of 1.5: A successful $100 bet would yield a total payout of $250, including a $150 profit.
• Odds of -4.0: A successful $100 bet would yield a total payout of $125, including a $25 profit.

To convert Indonesian odds to American odds, use the following formulas:

• American odds = Indonesian odds * 100

Conclusion

Understanding different betting odds formats and their associated probabilities is essential for any bettor looking to make informed wagering decisions. By learning how to convert between American, UK Fractional, and European Decimal odds, bettors can effectively compare odds across various markets, identify the best value, and make well-informed decisions when placing bets.