25 rows · Odds Converter is a quick, simple tool to convert fractional, decimal and moneyline odds. Guide to UK, American and European odds formats and betting calculators. Decimal Odds Also known as European Common around the world but especially in Europe. Standard on betting exchanges such as Betfair. Convey the total amount you will receive if you win, including the return of your stake. For example, if you bet £10 at odds of. Converting Fractional odds to Decimal. The fractional odds are also used by many sites and are sometimes complex to understand. In order to convert the fractional odds to decimal odds, the numerator value is divided by the denominator value and later 1. Mar 05, 2019 · You multiply your stake by the odds. Therefore a £25 bet at decimal odds of 2.0 would return £50 25 x 2 = 50. American odds. The third and final odds format used within the betting industry are American odds. You guessed it, this format is mainly used within the. The breakeven odds for decimal odds betting are 2.0, as these odds will simply double your stake. Decimal odds below 2.0 are less than even money odds, the potential return will be less than your stake. Odds above 2.0 will be plus odds, meaning your potential return will be more than your stake.

For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. For an explanation of the odds types on this table see decimal, fractional and American odds. Fractional odds represent the profit - 5/1 means you will win five pounds for every one pound staked - whereas decimal odds represent the return - 2.2 means you will receive £2.20 for every £1 invested, including your stake. Jan 27, 2016 · The most common odds formats are the Decimal and the American odds. If you have been betting with European bookmakers, you are most likely used to Decimal odds. Before diving into the nitty-gritty of how to convert Decimal into American odds. ~~There are two steps to convert decimal odds into a fraction. Step 1 Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. Example: 3.40 – 1 = 2.40. This creates the decimal odds of 2.40/1. While this is a perfectly good fraction, bookmakers never use numbers with decimal points in fractionals.~~

The 1 represents the returned stake which is included in the decimal odds but not in the fraction odds. Example 1: Odds of 2/1, will be 2 divided by 1, which gives 2, then add 1 equals 3. Example 2: Odds of 9/4, will be 9 divided by 4, which gives 2.25, then add 1 equals 3.25. Fraction / Decimal Odds Conversion Table. High odds suggest a low probability of something happening, while low odds suggest a high probability of something happening. For example, imagine a tennis player is 200 to win an upcoming match. This would be 3.00 in decimal odds, and 2/1 in fractional odds. The implied probability for these odds.

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