(6. Outside of the US, you'll find that sportsbooks show odds stated in fractions or with decimals. Fractional odds, also known as traditional odds or British odds, represent the ratio of the amount that will be won relative to the amount staked. 8. The complete answer for your enjoyment is below: 1 4/5. 00 and 2. See screenshot: 2. To convert fractional odds to decimal, divide the first figure by the second figure and then add 1. There is 1 other project in the npm registry using odds-converter. For example, if you place a bet with decimal odds of 2. However much your wager is, you simply multiply it by the decimal odds to work out the total payout. You just minus one from the decimal odds, turn that number into a fraction and reduce it down to it’s simplest form. Ideally I need the maths that sits behind this: Betting Zone | Odds Converter, Fraction Converter, Decimal ConverterThe juice or commission on each bet here is fractional odds of 10/11, so you would need to bet $110 to win $100. 5 as the answer. 1666667, which is 1/6. Fractional Odds. If you just change general to fraction on excel, it comes out as 2 3/4. For example, let’s decimal odds to be 3. Probability is expressed as a decimal number in the range [0,1]. 75. Fractions can be converted into decimals by processing this division. Odds of 5/1 will be 5 divided by 1, which equals 5, then add 1 which equals Decimal odds of 6. Example, US2Win(-120,120) = 100, or US2Win(-110) ? 0. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. That's it! The decimal odds equivalent of 1/2 fractional odds is 1. 75 = . E. It is also known as traditional odds. Reduce fractions to lowest terms, simplify, compare and order fractions. 75 in decimal odds. Also common in some areas of horse racing, decimal odds simply rewrite fractional odds in decimal form. So let's say a golfer is 15 to win an upcoming tournament. The decimal odds will be 2. 769 Fraction to Decimal Odds conversion. 6 in decimal odds. Then simplify if necessary. 00. 0. If you want to bet on Golovkin to win the fight (8/13 odds), calculate your winnings by multiplying your wager by the quotient of 8 ÷ 13 (0. 75) The Mets are. 75. 1; The fractional odds of 1-9 in decimals is 1. Player B has decimal odds of 2. 7007 Question 3: Convert the following decimals to fractions, in. 20. To convert a Decimal to a Fraction follow these steps: Step 1: Write down the decimal divided by 1, like this: decimal 1 Step 2: Multiply both top and bottom by 10 for every number after the decimal point. For example, decimal odds of 1. Fractional odds – The easiest way to explain fractional odds is how much you win/how much you stake. 25 or 25%. For example: 6. To turn those fractional odds into American odds, just do the division. 50 return on a £1 bet, 4. 1%. your stake. To calculate profit in decimal odds, simply multiply the odd by the amount bet and subtract the amount bet from the result. 14; The fractional odds of 1-6 in decimals is 1. Without an odds converter, you can still convert decimal odds to fractional odds and vice versa quite easily. Calculate amount of digits after decimals. The decimal odds would be listed at 1. 1 - (100 / American odds) = decimal odds. Learn more about the fractional odds format. Here are the equivalents of your examples: 1 / 10 = 11/10 = 1. In this context, the numerator is the first number in the fraction and the denominator is the second number in the fraction. 00 = 5/1 You may need to simplify the fraction like this more complicated example. For Decimal Odds Less. The decimal odds are displayed up to 2 decimal places, but the return will be paid out by calculating at the actual odds, to the nearest £/€ 0. 0 would return 11. American Odds, -110. 40/1. For example, if you bet $10 on a horse with odds of 2. To go to decimal from fractional you divide the numerator by the denominator and add one. For this reason you cannot change the odds format of the exchange. 5. 00. Decimals odds are widely popular in Europe, fractional odds are the most common once in the United Kingdom, and as the name suggest the American odds are the most popular in American and some. 5 (5/2) equals 250. A positive value of +500 says you’ll win $500 for every $100 staked. Multiply by 100 to convert a number from decimal to percent then add a percent sign %. For decimal odds, you can easily estimate the return: The potential return on decimal odds: Stake * Odds = Payout. Moneyline odds (AKA American odds) are shown as positive and negative numbers. This is considered to be ideal for parlay betting, because the odds to be paid out are simply the product of the odds for each outcome wagered on. Examples:With decimal odds, a 2. Betfair. 2. 2: 83%: 2/9-455: 1. 7%. 00 you place on a particular outcome, you will receive a profit of 0. 19%. American odds are of course very popular at US sportsbooks. 2 + 1 = 1. 2. The numbers in a fractional odds listing will be divided by either a slash or a dash. So, decimal odds = 5 (Numerator) / 3 (Denominator) + 1. Coin flip probability calculator lets you calculate the likelihood of obtaining a. 2) and add 1. You will always sees the fractional conversion here on Betting. Tap for more steps. 75-1 = 75/100 or 3/4. 1234 (i) 0. So 4/5, when converted to decimal odds, will be: (4÷5) + 1 = 1. This number is the ratio of the payout to the original stake. what i was doing is this. The +115 American odds convert to 2. 80 = 4 / 5. 65 should that outcome prevail. In this example, the odds suggest that the player has a 33. 0. So the odds are 4-1 or 4/1. 03. If $10 is bet at odds of 4, the total returned is $40 ($10 x 4) and the potential profit is $30 ($10 x 4 minus the $10 stake). 1/33 is - perhaps you may claim splitting hairs - but a decimal odds of 1. There are two steps to convert decimal odds into a fraction. 00. Let’s say you want to convert fractional odds of 1/5 into decimal format. In both forms such as one without remainder like this: 3/5 or with remainder: 3 1/4. There is a slight difference when converting fractional odds to decimal odds, because the latter includes the return of the original wager, while that amount must be added to the fractional odds. 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. Fractional odds, or British odds, are most common in the United Kingdom, Ireland, and in horseracing. If you bet at 1. Probability To Fractional Odds Conversion. So 4. This means positioning the decimal number as the numerator and. 01/1 is evens 2. Learn how to convert betting odds using our odds conversion formulas. How to convert Decimal odds to American odds. Step 1: Write down the decimal number which you want to convert, and divide it by 1. 88 in Decimal Odds. While this is a perfectly good fraction, bookmakers never use numbers with. 625 (g) 0. Finally, we’ve got decimal. So, we deduct four from thirteen – this being the sum of adding 3. 4 cents plus the original stake of $1. Part of the series: Math Help. For instance, with odds of 2. (as of Python 3. Converting decimal odds to fractional. To get the percentage: 1 / (36 + 1) * 100 = 2. Difference between decimal, fractional and American odds. And while many sports betting fans prefer. 5 20 X (4. There are two steps to convert decimal odds into a fraction. This would be 3. Many sportsbooks also prefer the use of decimal betting odds. Decimals quote the potential return if the bet succeeds, relative to the stake. 4. You can apply this formula whenever you want to convert fractional odds to a percentage and vice versa. Using long division to solve this problem by hand or in your head, reducing 9/12 = 3/4, might make the problem easier. 00 or . That is $1. American Odds. For calculation, here's how to convert 1. As you can see, it is not about any complex mathematics. Simply enter the odds into the box below and we will automatically convert it for you. Simply mutiply your stake by the decimal number shown and that is how much you will receive - including your stake. 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. The odds calculator on our page allows you to convert any decimal odds into fractional odds, so you don’t have to do all these steps manually when converting odds between different formats. 00 – 1. $100*1. A winning $10 bet at 1/2 fractional odds would return $15. Due to the simplicity of decimal odds, many bettors prefer to use them rather than American or fractional odds. How to change from Fractional Odds to Decimal Odds on Bet365 website and mobile app. 2. 0016 0. For Decimal Odds Greater Than 2. For example, if your bet is placed at odds of 4. Converting fractions to decimals. It’s really straightforward. Converting Fractional Odds. So the formula looks like this:Decimal odds are a little different from that, but they are related. Winning < wager: the percentage of the wager related to the winning, with a negative sign. , 3. , -100 divided by 1/5 equals -500). 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. For example, “Decimal Odds” of 3. 33%, and of losing 1/6 = 16. Decimal odds = 0. Converting Fractional Odds To Decimal Odds. To calculate the odds of rolling 9 or more we need to use the dice probability formula above and compute the probabilities for all possible outcomes of throwing the two dice: 9, 10, 11, and 12, then sum them up. 15/8 = 2. To be able to convert from Fractional to Decimal odds you first have to enter a fraction (such as 5/2). Converting from a decimal to a percentage is done by multiplying the decimal value by 100 and adding %. A positive value of +500 says you’ll win $500 for every $100 staked. How to convert fractional odds to decimal? To convert fractional odds to a decimal, divide the probability by one minus the probability itself. your stake. Fractional odds, also known as UK odds, are. The calculation for converting fractional odds to US odds differs depending on whether you’re converting odds over 1/1 (an underdog) or under 1/1 (a favourite). Converting Fractional Odds to Decimal Odds. 00 and reduce that number to its simplest fraction. The number in the active cell of the. Step 1: Write down 0. So the 5/1 fractional odds we talked. (6. Step 4 - Fraction down. So if the decimal odds show as 5. So, Conor McGregor at -130 in American odds can be worked out as: 1 - (100 / -130) = 1. Steps for Conversion: Step 1- Identify the place value of the digits after the decimal, in the number. 5 the total returned is $35 ($10 * 3. Implied odds are the conversion of a sportsbooks offered odds into an implied win probability. 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 example, 1. 00 from the decimal price, convert the price to a fraction and then simplify that fraction are far as possible. 00 = Fractional: 2/1 = Hong Kong: 2. How to Convert Fraction to Decimal in Excel: 2 Easy Approaches. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e. Fraction Odds = (3. Set your odds type here, including fractional and decimal odds The odds are then announced as five to one. For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. I am a Newbie so please let me know if I break any rules! I have spent an hour looking at how to convert decimals into horse racing fraction . 0. a fractional value of 1/5 = -100 / (1/5) = -500. Finally is American odds, with these coincidentally being primarily used. % = 0. 714 in decimal odds (-140 in American). 00 HK = Moneyline: +200 = Implied Probability: 33. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. 33(3)%, meaning that the odds setter thinks the probability of the event the odds apply to has 33. 75) + 1 = 1. The 4/1 fractional odds discussed above are quoted as 5. 714 in decimal odds as a -140 favorite in American odds. American Odds – positive odds are simply multiples of 100 (Z x 100), negative odds are division of 100 (100 / Z). Fractional odds are common among Irish and UK bookmakers and appear with a. American Odds. . 6, the six is in the tenths. To convert back to decimal odds, just divide the fractions (⅕ = 0. To do this, you divide -120 by +250. 1. 64 th: 32 nd: 16 th: 8 th: 4 th: 2 nd: Decimal: Decimal (inch to mm) 1/64 : 0. For example, if you are quoted fractional betting odds of 9/4 by a bookmaker, then the odds converter chart below will show you that the equivalent decimal converted odds are 3. 5 – 1 = 1. Equivalent fraction for 1. Decimal odds: Displayed as 1. Fractional odds of 4/5 are therefore equivalent to American odds of -125 and decimal odds of 1. 2. PinnacleEach betting market had odds and these odds convert not only fractional to decimal odds but depending on the type of odds you can also convert from decimal odds to fraction odds and then convert to probability. To calculate the implied probability from fractional odds the equation is: denominator / (denominator + numerator) * 100 = implied probability0. g. For example, 3 to 2 odds can be. Decimal For example, if you bet $10 at an odds of 3. Example: 10% becomes 10/100 = 0. To a beginner, fractional odds may seem a little more difficult to grasp that decimal odds. Let’s take 9/2: 9 divided by 2 is 4. 50 means that you would enjoy a return of $2. Convert your decimal, fractional and moneyline betting odds using our odds converter tool. If you’re looking to find out what the payout for a bet is going to be, you simply take the decimal odds and multiply them by the amount you want to wager. (In decimal odds, this would amount to 1. That means that 5. Eww. For example, if the price is $7. 10/1. –. 15/2 as decimal odds would be 8. 67Decimal odds and fractional odds are different ways to express the same concept, a way to calculate the return of a winning bet. 10 - 1 = 2. The easiest way is to use an odds converter, but if you’d like to calculate it yourself, minus one from the decimal, then convert to a fraction and reduce the fraction to its simplest form. Learn to add, subtract, multiply and divide fractions. Enter in your bet amount and the odds below to see how much you would win and what your odds are in American, Fractional, and Decimal formats as well as the implied probability of winning. Quickly and easily convert odds to fractional, decimal and American formats with our odds converter calculator. For example for decimal odds of 1. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. Step 2: Remove the decimal point. Fractional Odds Decimal Odds Implied Probability Reset Bet Partner Offer $1,000 First Bet on Caesars CLAIM OFFER If you want to convert between odds by. While this is a perfectly good fraction, bookmakers never use numbers with decimal points in fractionals. a $1 wager on decimal odds of 1. Odds can be displayed in two ways: Fractions or Decimals You will probably be most familar with odds as fractions (e. g. Lesson 2: Converting fractions to decimals. The fraction bar between the top number (numerator) and the bottom number (denominator) means "divided by. 15 back ($10 bet + $6. 0. If the fractional odds are listed at 5/1, that means a winning wager of $100 will return $600. Fractions Calculators. 25. 396875: 2/64: 1/32 : 0. Similar to decimal odds, you can calculate your winnings as well as the probability. 402 (c) 0. 0625. Bet Amount. For example, imagine a tennis player is +200 to win an upcoming match. 0. The equation you would use to see if Player A would win is listed below. Convert the fraction to a decimal number. 2 + 1 = 1. 5, which is the same as +450. Next, given that you have x decimal places, multiply numerator and denominator by 10 x . The Champions League final in 2021 was contested between Chelsea and. If the decimal terminates, then it should end after one or several points after the decimal. 0 x 5, or £55 in total. 75 to a fraction. 00) if you wish. There are also reverse fractional odds, known as ‘odds-on’ prices. Calculate. American Odds. 0 are the underdogs. To convert odds to probability from decimal odds, you need to calculate 1 ÷ [decimal odds] x 100. Note that by using the default value of 1 for wager size, these two functions effectively convert from US/decimal odds to fractional odds. The Green Bay Packers would be 1. If the fraction is smaller than 1, it is known as odds-on. Bet £100 at 1/33. 90909. Fractional OddsOdds are displayed in one of three ways: American, decimal or fractional. Select the whole column containing the decimal number. The bar depicted above is presented above the repeating element of the numerical string. Enter the amount you want to bet, i. The Stars are 1. 50 – 1. 3 = 1. Decimal odds show the amount of money the bettor will receive back multiplied by the original stake. When a selection is even money the decimal odds are 2. Decimal is the standard odds format used by European bookmakers. Check out the implied probability of any odds. Converting Decimal Odds To American Odds. , if we have odds of 1:3, then we divide 1/3 by 4/3 which gives us a probability of 0. 33, which equals 0. 1 = -1000. This means positioning the decimal number as the numerator and. Calculator users will notice that odds. as 1/3 for example. Convert the decimal to a fraction. Similar to decimal odds, the return can be determined by multiplying the odds and the bet. Divide the top fraction number by the bottom number and add 1. Then, divide that value by 1. 3 percent. Example: 3. 00-1=2. g. American to Decimal Both odds are a component in determing for example the payout. Multiply the numerator and denominator by 10 to eliminate decimal places. To calculate returns using decimal odds just multiply the stake by the decimal odds, the resulting number includes your initial stake. 0 – 1 = 5) = 5/1. Fractional odds shown using one unit stake are odds. 89 to 1. 00 would be converted to 2/1 (3. If you need to convert a decimal number to fraction, the above decimal to fraction calculator is a great way to do it quickly and easily on any device. Then, you. To convert a percent to a fraction you first convert the percent to a decimal then use the same procedure as converting a decimal to fraction. 50) Fractional to Decimal: Fractional = decimal – 1 (expressed as a fraction. TIP: Did you know that most online bookmakers allow you to select either the traditional Fractional odds or the Decimal equivalent when viewing their available books. This will give you a decimal of -0. 6 = 38. [1] Let's say you're working with the terminating decimal . 00 – 1. Fractional betting odds are displayed as a fraction with the amount you will win on top and the amount you must stake at the bottom for those profits. As an example of how to convert fractional odds to decimal, you can start with the fairly standard 2/1 odds. , 13. 0 are the favorites, and those odds over 2. 14: 88%: 1/6-588: 1. To achieve the same, multiply the numerator and denominator by the same number. Before we get into the math involved here, you need to understand the terms numerator and denominator. It is more of a standardized choice of odds representation. ; Step 3-Remove the decimal point. g. Decimal odds represent the amount a bettor wins for every $1 wagered. For example, 5/1 in fractional odds would be 6. 11: 90%: 1/8-833: 1. In the former, 2/1 means that you receive a £2 win for every £1 you bet on this selection. This will convert your decimal number to a fraction. I recently created a spreadsheet for tracking gambling debts for a client who wanted to enter (and display) odds as a fraction. Examples: 3/4: (3/4) + 1 = (. 0333333. 00. Decimal odds are written using a decimal point, eg: 5. Simply enter the fractional odds into the box that states Fractional Odds. As you can see, we had to multiply 3. Most bookmakers now use both fractional and decimal odds, but it’s fair to say the historic odds format is less popular than the new kid on the block. This odds format (also known as HK Odds) works the same as Decimal Odds, but does not include the stake. 51/2 is 1/2 2. Example 1: Odds of 2/1, will be 2 divided by 1, which gives 2, then add 1 equals 3. For example, let us say that the diameter of a circle is 9 units. Under 1/1: divide -100 by the Fraction as a Decimal. 2244 (k) 0. )How to convert decimal odds to fractional odds To convert decimal to fractional, subtract one from the decimal figure (so 2. Convert odds between Fractional, American and Decimal format and see the implied odds at each. Step - Choose between or by clicking the relevant button and the odds on the site will now be displayed in. For example, let’s convert the fraction 1/8 to a. Then we need to multiply both numerator and denominator with the multiples of 10, to remove decimal (. 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. 00. 25. e. 25 or 25%. 25)) '1/4' >>> print Fraction (0. In horse racing, odds will dip to something like 3/5 or 5/7 which usually means that horse is a big favorite. 1 = -1000. 5 (15 divided by 2 = 7. That’s it!Convert 3⁄5 to a decimal. Question 2: Write the following decimals as fractions, in their simplest forms (a) 0. 5 mathematically you’d describe it as 4. Case 1: If the Fractions Are Proper.