Easiest way is with an odds converter. Write it down. Betfair. 75, your potential winnings would be $175 (1. Fraction Odds = (3. 25. For example for decimal odds of 1. In the above example, where the bookmaker offers odds of 49/50 on a coin toss, the odds are shown as a fraction. To convert decimal odds to fractional odds, you need to subtract 1 from the decimal and then convert it to a fraction. In the Category list, click Fraction. For example: 6. Instead of 2. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. For a + sign, divide the odds by 100. Kelly’s probability is about 44% or she hits the pins 44% of the time. 00, which can be represented as 2/1). 25. We compared 15/8, 9/5 and 19/10 early as fractions, and many would struggle to say which was best. Converting Fractional Odds to Decimal Odds. In horse racing, odds will dip to something like 3/5 or 5/7 which usually means that horse is a big favorite. Examples: 3/4: (3/4) + 1 = (. 53. This odds format (also known as HK Odds) works the same as Decimal Odds, but does not include the stake. For Decimal Odds Less. 91. (For instance, if there are two digits after the. 0 – 1 = 5) = 5/1. 11/4 = 3. I tried writing an algorithm to simplify a decimal to a fraction and realized it wasn't too simple. So for example, if an event at 4/1. 5 the total returned is $35 ($10 * 3. 1 of 7. 00, your expected return is $20. Here, we explain how to read decimal, fraction, and moneyline odds. Examples. That's it! What's the implied probability of the Dolphins at +160 (or 2. 00 profit (50% return). Decimal odds are equivalent to the decimal value of the fractional odds, plus one. 00 then you will get $5 returned to you for a $1 bet, if that wager wins. . 25 + 1 = 2. A tool like our moneyline calculator can be crucial to a. 2 + 1 = 1. 75/1, or 11/4). So here we go. Let’s say you want to convert fractional odds of 1/5 into decimal format. Length = 2 Then Dim a, b As Integer If Integer. The Stars are 1. 2. 50 winnings = odds of 1/2. Choose your preferred odds format (Decimal, Fractional or American) Insert the odds you wish to convert in the white box in the top right of the calculator. g. (8. Converting Fractional Odds to Decimal Odds. 4, last published: 8 years ago. 25 or 25%. See moreBetting odds calculator allows you to insert your odds and automatically convert them to American, Decimal, and Fractional odds. Decimal () object . 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. The +115 American odds convert to 2. 99 the formula is: -100 / (decimal odds - 1) = American Odds; Here is my attempt at coding the logic:Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. It can, however, be used to convert the numerator and the. Probability To Fractional Odds Conversion. Multiply all decimal odds together to find the parlay odds. (In decimal odds, this would amount to 1. And there you have it! In just a few short steps we have figured out what 1. In our case 35 is 2 digits long so we need to multiply the numerator and denominator by 100. 5 times your original stake. Fractional Odds. g. But if you would like the formula for converting fractional odds, it is: divide the first figure by the second figure then add 1. 15 for Indonesian/Hong Kong odds, and -0. Fractional odds indicate the total that will be paid out to the bettor upon a win. 0 would. The decimal odds would be listed at 1. 1/33 is - perhaps you may claim splitting hairs - but a decimal odds of 1. 0016 0. 25), then multiply both this number and the stake by 100. By default, the odds displayed for sports markets on Paddy Power are in fractions,. Using Format Cell Category – ‘Fraction’. 33(3)%, meaning that the odds setter thinks the probability of the event the odds apply to has 33. Fractional odds are popular with famous bookmakers globally, and most gamblers around the world prefer them. 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 hand (or calculator), you can use the following formulas: Convert American Odds to Decimal: Positive odds: 1 + (American Odds/100) Negative odds: 1 – (100/American Odds) For example, when you use an odds converter to convert decimal 1. I am in the middle of creating a spreadsheet to calculate a value on decimal odds!! In simple terms. Of course, these percentages include the amount. Reduce fractions to lowest terms, simplify, compare and order fractions. Another example would be odds of 6. Fractional odds mean that you can win $6 against each $1 that you wager. Fractional odds are mainly used in the UK, as well as Ireland. If the American odds are positive, you would divide by 100 and add 1. Case 1: If the Fractions Are Proper. 50, Andy Murray had an 18. 22 percent. 00. 2 of 7. Winning < wager: the percentage of the wager related to the winning, with a negative sign. Learn how to convert betting odds using our odds conversion formulas. 00 ; For example converting fractional odds of 11/4 into decimal odds the sum is: 11 ÷ 4 = 2. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e. 87, which would make for much easier math on this $10 bet. 5005 (j) 0. 25. The. 00, which wouldn’t be much of a return for the risk! Edit: Also while OP hasn’t described this Decimal odds are always expressed to two places, so. I'm no maths expert, but decimal -> fraction is difficult(!). To Pay $0. This means positioning the decimal number as the numerator and. 1%. Let’s take decimal odds of 4. Convert the decimal to a fraction. 1: 91%: 1/9-910: 1. They’re often referred to as “Moneyline” odds or “lines”. 98. For positive odds (+), you'll divide it by 100 to get your result, then reduce the fraction to the lowest possible. 5 decimal odds and 1/2 fractional odds. Similar to decimal odds, the return can be determined by multiplying the odds and the bet. 15 decimal odds, 23/20 fractional odds, 1. Fractional Odds . 7007 Question 3: Convert the following decimals to fractions, in. It becomes a little more complicated with American odds. 0. A fraction is one way of writing a division. To Moneyline A fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager and receive your dollar back (i. In some cases, odds may also be expressed as a decimal. (6. To see why, observe that we have P (at least 1 heads) = 1 - P (no heads) = 1 - P (all tails) and P (all tails) = (1/2)4 = 0. The fractions show stake and returns for a specific unit, although unlike decimal odds, the specific unit can vary when using fractional odds. 33, which equals 0. The odds for a possible event are directly related to the statistical probability of that event. 88 in Decimal Odds. 2 and a fraction of 1/5. 00, you are left with decimal odds of 3. This implied probability translates to 3. 00 HK = Moneyline: +200 = Implied Probability: 33. The simple rule of thumb with decimal betting odds is the bigger the number, the larger the return will be. Example: 1/2 in fractional:. A line that is odds-on in decimal format will always be a decimal of 1. The bar depicted above is presented above the repeating element of the numerical string. Convert the fraction to a decimal number. For example, 11/4 is 11 divided by. Using Implied Percentages. Step - Scroll down to bottom of this list to find the option, just under the header. , 3. 🎯 Join our community of like-minded individuals and start your profitabl. To convert decimal odds into fractional,. 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. Algorithm for simplifying decimal to fractions. 00, while the 1/4 odds are quoted as 1. To Fractional Fractional odds = odds-1 . 00 is the same as 4/1 fractional odds (which would also return $5 to you for a dollar bet: $4 profit + $1 stake returned). 1. Convert from a Fraction to a Decimal - powered by WebMath. To discover the decimal odds in conventional fractional values, use our calculator below. The fraction 1 / 4 becomes 1 ÷ 4. 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. 00 in decimal odds, and 2/1 in fractional odds. To calculate the radius we need to divide it by 2. Eww. In the above example, where the bookmaker offers odds of 49/50 on a coin toss, the odds are shown as a fraction. 0. Multiply your wager by the figures above and add the product on top of your original wager to get the final returns. Fractional odds are simply an alternative way of expressing the same odds ratio. 90 -1 = 0. These are the 3 simple steps to convert any decimal into a fraction: Step 1: Place the decimal over 1 in the fraction format with the decimal in the numerator and 1 in the denominator like this: Decimal/1. Decimal Odds Explained. 50) Fractional to Decimal:. A positive value of +500 says you’ll win $500 for every $100 staked. This means that to simplify the fraction we can divide by the numerator and the denominator by 1 and we get: 230/1 100/1 = 230 100. 4. Ew. To convert decimal odds to fractional, subtract 1. 3/1). 5) = 15/2. WATCH MORE OF OUR BET365 GUIDES & WALK. Beginning with fractional odds, these are typically used in the UK, and as their name denotes, they are displayed in fractions such as 3/1 or 5/3. 03 you're getting fractional odds of 3/100. 59. 8 is as a fraction. 75 - 1. In this context, the numerator is the first number in the fraction and the denominator is the second number in the fraction. This creates the decimal odds of 2. How to Use the Sports Betting Odds Calculator and Converter. 5 – 1 = 7. Step 2: Remove the decimal point. 1234 (i) 0. 6, you can do the same with a decimal. Like fractional odds, they do not include your stake, so add this back at the end. You can use our odds calculator above to calculate the implied odds of a given bet as long as you know the odds of the bet. Since the two most popular types of odds are fractional and decimal, we will go into detail and explain how to correctly read them. Set your odds type here, including fractional and decimal odds The odds are then announced as five to one. These odds are usually represented as either a fraction (2/1) or a decimal (3. Equivalent fraction for 1. 00 = Fractional: 2/1 = Hong Kong: 2. 75 1. 123 (b) 0. The left hand column is the fractional betting from smallest to largest. e. This is probably the trickiest of odds converting (and should rather be done with an odds converter). 25 25/100 -> 1/4With decimal odds, you can determine the implied probability by dividing them by 1 and multiplying the result by 100: 1/odds x 100. So 4/5, when converted to decimal odds, will be: (4÷5) + 1 = 1. Multiplying the decimal odds by the stake gives the gross return. What I need to convert decimal to fractions. 55 and adjusted is 0. Betting Odds Explained: Fractional & Decimal. e. 90909. So the formula looks like this:Decimal odds are a little different from that, but they are related. This means a $100 bet would potentially win you $200 in. Notice in the above image, one of the decimal numbers (the last one) did. 33, which equals 0. A. Fractional odds shown using one unit stake are odds. 75 + 1. You will always sees the fractional conversion here on Betting. 2 is ⅕, which is the fractional odds. Under 1/1: divide -100 by the Fraction as a Decimal. Thanks for. 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. 1. Multiply the odds by the bet. Part of the series: Math Help. 15/2 as decimal odds would be 8. 00, while the 1/4 odds are quoted as 1. How to Use the Sports Betting Odds Calculator and Converter. As Aspro is trying to say, you can see the fractional odds here when moving the cursor over the odds . When converting decimal odds to fractional odds, here’s the formula that most bettors use: Subtract 1 from the decimal odds, then turn the decimal into a simplified fraction. Firstly, select the cells that contain the decimal numbers and open the ‘Format Cells’ dialog box (Ctrl+1). 50 in decimal odds. Multiply the numerator and denominator by 10 to eliminate decimal places. 5) = 15/2. 4. (Again, in decimal odds, this would mean 2. Reduce the fraction by finding the greatest common factor (GCF) of the numerator and denominator. So instead of bookmakers displaying odds as 3. 75 will result in larger winnings than decimal odds of 1. For example, 3 to 2 odds can be. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. PART B: Converting Decimals to Fractions All decimals can be converted to a fraction and/or mixed number. 5, this is the equation: 4. 03. 00. 20 X (9/2) = 4. See the conversion table, format definitions and examples of how to use odds and probabilities. Let’s say you want to convert fractional odds of 1/5 into decimal format. How to Convert Odds From Decimal to Fractional? Subtract 1 from the decimal odds to get the numerator and use 1 as the denominator. To be able to convert from Fractional to Decimal odds you first have to enter a fraction (such as 5/2). Fractional odds of 1. Stake not returned. Enter the amount you want to bet, i. Divide a percent by 100 and remove the percent sign to convert from a percent to a decimal. 00 or 2. 3 to a fraction follow these steps: Step 1: Write down the number as a fraction of one:. So, Conor McGregor at -130 in American odds can be worked out as: 1 - (100 / -130) = 1. Calculate. 2. For example, decimal odds of 1. The other direction is fine as you're just dividing and can approximate by specifying a level of precision. For every $1 risked, you’re profiting 71. 0. For instance, fractional odds of 11/4 is 11 divided by four which equals 2. 000 (Decimal) and result in implied probability of 33. The Bills at -200 (or 1. g. 9 = $190. To Convert Negative American Odds Fractional Odds, divide -100 by the American odds. Decimal odds are equivalent to the decimal value of the fractional odds plus one. To convert fractionals to decimal odds, simply convert the fractional odds into decimal form and add 1. 10 x 100 = 10%. e. Step 2: Multiply both the denominator and the numerator by 10 for every digit after the decimal point. . We express a decimal odd with a single number, e. 33% probability of occuring versus the 66. g. 14; The fractional odds of 1-6 in decimals is. In engineering, fractions are widely used to describe the size of components such as pipes and bolts. For example, if your bet is placed at odds of 4. That is $1. So the odds are 4-1 or 4/1. 33, you run 1 ÷ 1. As fractional odds of 1/2 mean you will receive £1 for every $2 you bet, the decimal equivalent is 1. A positive or plus (+) sign in front of the odds quote means that the odds displayed indicate the winnings that will be returned from a $100 bet. Fractional Odds – the number on the left displays the amount you can win from a given stake (Z). 3 / 1 Step 2: Multiply both top and bottom by 10 for every number after the decimal point:. It is also known as traditional odds. How to convert fractional odds to decimal? To convert fractional odds to a decimal, divide the probability by one minus the probability itself. Decimal Fractional Implied Probability Odds Conversion Decimal Fractional FAQ Sports betting sites across the globe tend to use different odds formats on their. 2. 4, you’d be looking at 33/10 and 12/5. If you just change general to fraction on excel, it comes out as 2 3/4. 80 and 2. In some cases, odds may be expressed as a fraction, rather than as a ratio. You then simplify the fraction by dividing both numbers by the largest common. Then, divide that value by 1. Hence, the event’s odds are higher for the group/condition in the numerator. Irrational numbers exist, so how the hell do you approximate that? E. Use division to convert the fraction to a. 00. Since you invested $1, your actual win is just $4. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. If you bet $10, your winnings would be $6. 3. So converting a fraction such as 1/4 to a decimal means you need to solve the math: 1 divided by 4. Decimal odds = 0. 4 (8 / 20 = 4 / 10 = 0. 2 + 1 = 1. To convert American odds to decimal odds, you can use the following formula: Decimal odds = (American odds / 100) + 1. Convert the decimal into a fraction by putting the decimal over 1 in fraction format. You will also get your original stake back. You will notice there is a decimal in our fractional odds. ) from the given number. There are various betting odds formats, and probably the most popular once are decimals (1. Decimal For example, if you bet $10 at an odds of 3. The conversion from decimal to American odds varies depending on whether the decimal odds are greater or less than 2. 50 winnings = odds of 1/2. This article discusses this process of odds conversion in detail with the use of step. 15 (10 x 0. For calculation, here's how to convert 1. 75/1, or 11/4). 7%. 5 the total returned is $35 ($10 * 3. 00. To calculate profit in decimal odds, simply multiply the odd by the amount bet and subtract the amount bet from the result. 75 × 10 1 × 10 = 7. 2. And there you have it! In just a few short steps we have figured out what 2. 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. That’s it!To calculate decimal odds from fractional odds, simply convert the fraction to a decimal. 00 – 1. The factors of 5 are: 1 5. And 4. In the fraction, the second number is the stake and the first number, the profit you will make should your wager win. 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. Used mostly in the United Kingdom and Ireland, fractions quote the potential profit if the bet succeeds, relative to the. 00 and you bet £10, you would receive £20 (£10 x 2. 12; The fractional odds of 1-7 in decimals is 1. In this case, you’ll receive $16. 75, and then x100 to get 75. 5. 5 – 1 = 1. g. Decimal odds are Europe and Australia’s preferred metric, with these odds being displayed in decimals such as 3. 00 from the decimal price, convert the price to a fraction and then simplify that fraction are far as possible. American Odds. To do this, count how many numbers there are after the decimal point. , the amount you wagered). 25 becomes 1. 40/1. To calculate returns using decimal odds just multiply the stake by the decimal odds, the resulting number includes your initial stake. ; Step 2- Use that to determine what the denominator of the fraction would be. 4 cents, plus your $1 stake back. 1; The fractional odds of 1-9 in decimals is 1. The next step is to simplify this fraction and, to do that, we need to find the greatest common factor (GCF). Due to the simplicity of decimal odds, many bettors prefer to use them rather than American or fractional odds. To do this, you divide -120 by +250. Moneyline = -100/(fraction value) Examples: 1/4: -100/(1/4) = -100/. Simply enter the fractional odds into the box that states Fractional Odds. The team would win 5 out of 6 games and lose 1 of them. Changing the Odds Format. [1] Let's say you're working with the terminating decimal . 85 would. 67%. 5. Under 1/1: Divide -100 by the Fraction as a Decimal. Basically: 1st) decide if it's a terminating decimal or not 2nd) If yes, just set the decimal tail / 10^n and reduce the fraction.