= 0. Odds Converter: Convert between the three odds formats including American, Decimal, and Fractional. Odds Converter: Convert Fraction, Decimal, America. To convert Decimal odds to fractions: Decimal Odds – 1. On my Excel 2013 I can use the function button but they are mathematical fractions. 5 minus the $10 stake). Step 4 - Fraction down. Fractional odds look like 2-1 0r 13/5. Decimal odds of 6. On the other hand, if you bet on a heavy favorite at -800 (1. You can use the decimal odds through the bookmakers in Europe, Australia. 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). The conversion from Decimal odds to Fractional is performed by removing 1 from the decimal price, converting the price to a fraction and then reducing that fraction to it’s simplest form. 0. Decimal odds can be converted to American odds with a bit of number crunching. 286 x 100 = 28. Convert Fractional Odds to Decimal Odds. 1. Our odds converter tool reveals the mystery behind some odds types that you aren't used to or just don't recognise at all! Simply enter the odds you know and the others will appear like magic. 5) fractional odds and your. Find all the mathematical formulas to manually convert odds in all the formats. The odds converter also displays the implied probability. When the decimal odds are 2. RIGHT, LEFT and LEN are all described in an earlier post:Quick tip: To divide by 100, simply move the decimal place in the odds two places to the left. When converting fractional odds to decimal odds, the calculation requires you to add the multiplier + 1 (which acts as the stake). You’ll see how much you could win instantly, before hitting Place. 0, select the control and click the Select button. g. . This means you have a 2. Learn how to easily convert decimal odds to fractional odds in sports betting. Quickly convert to and from: fractions, decimals, American, European, money line & probability percentages. Fractional = decimal – 1 (expressed as a fraction,. Otherwise Evens would be a return of 1 rather than 2. Now that we have a simpler fraction to work with, we can start by working out 1 ÷ 5, which gives us 0. Example 2:There are two steps to convert decimal odds into a fraction. Favorite: (1/1. Insert the reference odd. 5 decimal odds and 1/2 fractional odds. Press convert and the decimal odds will be shown in the Decimal. Decimal odds display the total payout from a winning bet, including the original stake. 6%. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. 666. 333333, number 3 is being repeated infinitely. 98. e. (y – 1) x 100. AmericanThe total (potential) return on a stake can be stated as: T p = ( S ( N / D ) ) + S. OddsJam has a very convenient odds converter calculator you can use to easily convert any type of odds to any other, as well as showing implied win probability. 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. To convert decimal odds into fractional,. Fractional odds express the net return (in fractional form) from a winning 1 unit bet. g. Namely, take the first number and divide it by the second. In order to convert from a fraction to a decimal: Ensure the fraction is written with just a numerator and a denominator. Using the same odds, if you place a £4 bet at fractional odds of 11/4 and your selection is. 00, you are left with decimal odds of 3. Positive Odds (“+”): This conversion is performed by dividing the moneyline by 100, turning the decimal into a. As decimal odds show as an odds ratio, you can see this as a method to convert odds ratio to probability. 00. Once you enter the original cell into the appropriate cell, we will do the computing automatically for you. For example, if the odds are +200, the calculation would be: Decimal odds = (200 / 100) + 1 = 2. 80-1=2. 0, and then find the nearest whole integers (e. Simplify if. 25), then multiply both this number and the stake by 100. Calculate the denominator by dividing the precision value by GCD value. Using the same odds, if you place a £4 bet at fractional odds of 11/4 and your selection is. Decimal For example, if you bet $10 at an odds of 3. We’ve put together a fractional odds to decimal odds conversion table of some of the most commonly seen odds in racing so that you can easily see the conversion. To convert decimal odds to fractional odds, you need to subtract 1 from the decimal and then convert it to a fraction. And there you have it! In just a few short steps we have figured out what 2. To calculate your profit on a win just do out the fraction and multiple by stake. , 1/5): American Odds = -100/. The method required to convert the decimal format over to the moneyline format is dependent on whether the odds are greater than 2. To achieve the same, multiply the numerator and denominator by the same number. (6. 8000 in decimal odds, 4/5 in fractional odds, 0. 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 . It also calculates the implied probability of the bet. 3/1 to Decimal Odds. 35: 4. 25 * 25 = 56. 25 ; Multiply by 100 to get percent value: 0. Try betting £100 at 3/100 or 1. Another example would. 2. 00 = 4/1. 0. So the 5/1 fractional. How to convert decimal odds to fractional odds. (For example, if there are two numbers after the decimal point, then use 100, if there are three then use 1000, etc. Decimal odds of 2. 3rd) If it doesn't terminate, try to find a repeating pattern including cases where the repetition doesn't start right away. Next, change the decimal to a percent. For Negative American Odds: Fractional Odds = 100 / (ABS (American Odds)). 75, plus 1. 8. To convert a decimal to a percentage, multiply the decimal by 100 and write the percent sign (%) after the number. 00 then you will get $5 returned to you for a $1 bet, if that wager wins. In the above example, where the bookmaker offers odds of 49/50 on a coin toss, the odds are shown as a fraction. 80 – 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. Simply enter the ratio numerator and denominator and the Ratio to Percentage Calculator will automatically convert the ratio to a percentage. Here’s the formula: divide the top number by the bottom and then add one. 5 – 1 = 2. 25) and multiply that figure by the amount you want to win. 00, equals 3. Fractional Odds Example Calculating Winnings Using Fractional Odds. You can apply this formula whenever you want to convert fractional odds to a percentage and vice versa. An outcome with 1/5 odds is expected to occur 5 out of every 6 times, or 83. g. American to Decimal ; American to Fractional; Odds Converter; Decimal to Fractional. So 13/8 in decimal is 2. 8 × 10 1 × 10. Convert Percents to Fractions To convert a Percent to a Fraction follow these steps: Step 1: Write down the percent divided by 100 like this: percent 100 Step 2: If the percent is not a whole number, then multiply both top and bottom by 10 for every number after the decimal point. E. This means a $100 bet would potentially win you. The formula for converting decimal odds to implied probability is: Implied probability = 1 ÷ ‘decimal odds’ (If you want to see the number as a percentage of 100, times the final result by 100. There are two steps to convert decimal odds into a fraction. The decimal 0. (e. 4 equals 1. The functions needed are VALUE, LEFT, RIGHT, LEN and FIND. Under 1/1: Divide -100 by the Fraction as a Decimal. To convert American odds to decimal odds, you need to choose the formula based on whether the American odd is an underdog (positive number) or a favourite (negative number). g. To convert a Decimal odd of less than 2. Money line odds (aka “American” odds or “U. For example, if you have the odds of 2/1, just divide 2 by 1 and add 1. $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. 625%. 5 – 1 = 1. You’ll win your original bet plus the winnings = $30. The formula for decimal odds is stake x decimal odds = payout. 25 becomes 1. If the fractional betting odds being offered are 2/1, then the decimal equivalent will be shown as 3. 59/2 means a £5. 675; The shortcut way to convert from a percentage to a decimal is by removing the percent sign and moving the decimal. S. After you have done that, multiply the numerator to make it a whole number and multiply the denominator by how many times it took to round the numerator up to a whole number. In the former, 2/1 means that you receive a £2 win for every £1 you bet on this selection. 2. Odds of 10/1 will be 10 divided by 1, which equals 10, then add 1. Therefore, an odds converter allows you to quickly convert US Odds (such as +100) to UK odds (such as 1:1) to Australian Odds (such as $2. 3rd. E. This means that fractional odds of 5/2 have an implied probability of 28. So, we deduct four from thirteen – this being the sum of adding 3. To convert a decimal into a fraction, we need to first write the given decimal in the form of a fraction, by adding a denominator 1. You then multiply the top and bottom numbers by ten until there are no decimal places left. This means that fractional odds of 5/2 have an implied probability of 28. 8000 in Hong Kong style, -1. Decimal Odds = (100 / Absolute Value of American Odds) + 1. This is pretty straight forward where the DecimalToFraction (decimal value) is nothing more than a simplified entry point for the first method which provides access to all the components which compose a fraction. Notice in the above image, one of the decimal numbers (the last one) did. Multiplying the decimal odds by the stake gives the gross return. 3 = 1. Both odds are a component in determing for example the payout. 2500 in. 33 we read “thirty-three hundredths” because the last three is in the hundredths place. Converting from a decimal to a percentage is done by multiplying the decimal value by 100 and adding %. ️ Decimal odds: Represented as 1. Enough talk, let's get through some examples! The decimal 0. For odds over 1/1, you then multiply the fraction by 100. 0 to get a final value. 0 0. 00 to get a decimal figure. Take only after the decimal point part for calculation. 0, and then find the nearest whole integers (e. Simply fill out the bet amount and odds in any one format and our calculator will show you the results! How To Convert Decimal Odds To Fractional. If you ever have a problem finding where to convert the odds on a site, just ask! You can also convert odds manually. Whether you are looking for a 2nd grade math app, 4th grade math app or anything in between, Doodle is here to help. 00 converted to fractional odds is 6. 40/1. For example, if the probability is 20%, then the odds will be 0. Divide the numerator by the denominator. Visit the home of matched betting at for. There are three different formats fo. ii. 50 which, multiplied by 100, results in a percentage value of 50%. 75. How To Calculate Decimal And Fractional Odds. Let’s use odds of +500 and -500 for these examples. 25 together four times. . 0. 75, plus 1. After that, add 1. Converting a number to a string restrains the trailing digits, especially when you have a decimal with an integer, like 1. g. In this example, we can simplify to 2/5. Fraction to decimal with rounding. Rewriting decimals as fractions challenge. 0. fractional odds 1/4 displayed as decimal odds is 1 / 4 = 0. 00. 35 = 235/100 = 47/20* *47/20 is not a fractional price that would commonly be used by. Step 2: If the given decimal number is even, then the result will be whole, and it provides the remainder with “0”. 1st. In the context of our 1. Placing an implied probability percentage to fractional odds is simple, with only one conversion formula required: Fractional odds implied probability = (1÷ ( (Fractional odds) +1)) x 100. In this case, you will use the decimal 0. The word “about” is used because the answer was rounded from the decimal to the percent. 20 X (9/2) = 4. ’To calculate moneyline odds from decimal odds greater than 2. This tool converts odds between decimal, fractional, american, Hong Kong, Indonesian and Malay formats and calculates the associated implied probability. Learn how to convert betting odds using our odds conversion formulas. 8 for the favorite and 2. Decimal Odds. For instance, 6/4 express in decimal odds is 1. The tricky bit is to get Excel to convert this to something it can use in calculations - i. This could be summarised as: ( L / R ) + 1. Convert the decimal to a fraction. 00 or . below the line = the stake = 1 x $10 = $10. Select the whole column containing the decimal number. Let’s say you want to convert fractional odds of 1/5 into decimal format. The other way requires more multiplication, which you’ll. An easy way to convert fractional odds to decimal odds is to convert the fraction into decimal form and then add a 1. If the American odds are positive, you would divide by 100 and add 1. If the number of digits after the decimal point is 2, multiply both numerator and denominator by 100. 5 x 2 = 10. Fractional to Decimal Odds. For example, American odds of -110 are equivalent to 10/11 and 1. . However, it is not always 100% precise if the decimal is not . 00, converting this to a fraction, and then reducing the fraction down to its simplest form. 75 1. Understanding Fractional Odds. 00. Decimal odds are equivalent to the decimal value of the fractional odds plus one. = 1 ÷ 100. Show us the calculation steps that it takes to arrive at 87. 5 + 1 = 2. This means you have a 2. Try now. For example, American odds of 500, the calculation would be 500/100 = 5. For example, if you enter American odds of -125 into the US odds box, it will tell you that this equates to 1. All fractions (proper, improper and mixed) can be converted to a decimal number. 003 to a fraction such as 3/1000)? I still don't know which specific function I should use to convert fractions. ; Step 3. 2. 45. js should I use to convert a decimal to a fraction (for example, converting 0. Here’s the maths for fractional odds: £1 bet at 5/1 odds = 5 x £1 (+ your stake) = £6 return. Any suggestions? Thanks. For example, to convert odds of 1. Example for 2. 5) = $90 Unlike decimals, fractional odds provide the total payout. This math video tutorial explains how to convert decimals to fractions. You think the Boston Celtics have a 40% chance of winning their next game. For example, odds of 2/1 mean you will win £2 on a £1 wager if the bet is successful. Fractional odds look like 2-1 0r 13/5. g. 25 times 100. Firstly, select the cells that contain the decimal numbers and open the ‘Format Cells’ dialog box (Ctrl+1). 50 (decimals always expressed to two places). There are two different ways to convert from decimal to American odds. You can apply this formula whenever you want to convert fractional odds to a percentage and vice versa. EU. Convert between betting odds and fractions. Two Steps to Convert a Fraction to a Percent. 3%. So, if you place £1 on Arsenal to win and they. The complete answer for your enjoyment is below: 2 29/100. Converting Fractional Odds to Implied Probabilities. , -150): Divide 100 by the absolute value of the American odds. 4 to 1). Simply take the fraction, divide the first number by the second one and add one. N/D is the numerator/denominator of the fractional odd (e. At such short odds, the difference between the two odds is 10 per cent in terms of winnings. g. It’s the same whether you’re working with an underdog or favorite. For example, decimal odds of 3. Here’s an example. Step – 2 As there are 2 numbers after point so multiply 10 two times with both numerator and denominator. Here’s the formula: divide the top number by the bottom and then add one. 2/7 = 0. For example, decimal odds of 1. Example: 3. 6, the six is in the tenths place, so we place 6 over 10 to create the equivalent fraction, 6/10. 80, then forming a fraction gives 280/100, simplifying yields 14/5. 33%. If it is negative, divide 100 by the US odds (without the minus sign) and add 1. 321 0708. For example, the odds of 3. From the Number Formatting group, under the Home menu tab, click the dropdown. Fractional odds of 1/2 equal 1. J! Need help with converting fractions to decimals? You're in the right place!Whether you're just st. 3%. How to convert decimal odds to fractional odds. E. When I enter that equation in Excel as a formula: = (1-7/7+50)*100. For instance, fractional odds of 11/4 is 11 divided by. 50. 2nd. Image Source: Google Calculator. The decimal part is: . It is more of a standardized choice of odds. 00 profit (50% return). In order to compare the likeliness of an event in two groups we can either take the ratio of the odds in those. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. 65 should that outcome prevail. Decimal to American. The implied probability for these odds is 33. Using this converter is easy. 667 3. 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. 0 to American, subtract 1 and divide into -100. This fraction is converted into decimal odds by dividing 11 by 4 and then adding 1. 00 becomes 2. 25. 00. For the 2. 33% probability. We told you – it’s easy. That is, a $5 bet would net you $25. Positive Odds. 5 winnings = odds of 1/2. % = 0. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. Ideally I need the maths that sits behind this: Betting Zone | Odds Converter, Fraction Converter, Decimal ConverterThis could be summarised as: ( L / R ) + 1. Thus even odds 1/1 are quoted in decimal odds as 2. , -100 divided by 1/5 equals -500). 6%. There are two methods to convert fractional odds to moneyline odds, one method being for fractions less than 1/1, and one method being for fractions greater than 1/1. Converting fractional odds to decimal odds. Converting a Whole Column to Fraction. You can round off clumsy fractions, by passing a precision parameter. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. Converting decimal odds to fractional, take the decimal and subtract 1. So converting a fraction such as 1/4 to a decimal means you need to solve the math: 1 divided by 4. e. 00 in decimal odds. For example, decimal odds of 3. Odds of 5/1 will be 5 divided by 1, which equals 5, then add 1 which equals Decimal odds of 6. Bet £100 at 1/33. Decimal Odds / European Odds/ Continental Odds: Decimal odds tell you the amount returned for every one unit wagered. 5 mean you receive $3. For example, odds of +200 (American) equal 2/1 (Fractional) equal 3. Example: 0. Now that we have a simpler fraction to work with, we can start by working out 1 ÷ 5, which gives us 0. 3333333 (this is 10/3 in fractional), a £/€ 10 bet would return £/€ 43. You must add a positive sign to the result to get the correct moneyline odds. Betting odds calculator allows you to insert your odds and automatically convert them to American, Decimal, and Fractional odds. 00, you are left with decimal odds of 3. 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. It becomes a little more complicated with American odds. Team A – 3. Decimal odds are commonly used throughout Europe and in Australia. To calculate the implied probability from fractional odds the equation is: denominator / (denominator + numerator) * 100 = implied probability. How to Convert American Odds into Decimal Odds. 75 in decimal odds. Example for 1. 44 is equal to 44%. To find out how much you would get back from a successful bet (including your returned stake) all you have to do is multiply the decimal odds by your stake. That’s it!There is a way to convert a decimal format to a fractional format. 2. Step II: Remove the decimal points from the given decimal and take as numerator. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. 44 × 100 % = 44. 0 when betting £10 would return £60 profit plus the original £10 stake. Examples: 1. Simply enter the fractional odds into the box that states Fractional Odds. The shortcut to convert from decimal to percent is. How to convert decimal odds to probability: 1 / decimal odds: How to convert fractional odds to probability: denominator / (denominator + numerator) How to convert minus moneyline to probability: minus. 10 x 100 = 10%. The strategy is along the lines of what Daniel Buckner wrote. The odds of an event are the ratio of the number of times it occurred to the number of time it did not. 25. 25 = £56. 5. Step 1: Write the decimal number in the form D e c i m a l 1. In order to know the converted fractional format of it, a simple calculation of Odds – 1 has to be performed, with the resulting value reduced to its lowest form is the fractional format of the odds. Fractional odds dominate in the UK with their roots in betting on horse racing, but they are limited to familiar fractions which became problematic as betting has evolved and moved online. Moneyline odds (AKA American odds) are shown as positive and negative numbers. This means a $100 bet would potentially win you $200 in. . g. So if the probability is 10% or 0. 75. 75. 00. Add the first number (numerator) to the second number (denominator) Divide this total number by the denominator (second number) Here are some examples of converting fractional odds to decimal odds manually: 9/4 fractional odds = 9 + 4 = 13, 13 divided by 4 = 3. You can convert a decimal to a fraction by following these three easy steps. Fraction to Decimal Odds conversion. 00. Step 1: Separate the non-repeating part of the decimal from the repeating part. To convert a fractional odd of 1/1 or lower, let’s use 1/4 as an example: Convert the fraction to decimals by multiplying it by 100 = 1/4 = 0. 7% (or a one in 37) chance of winning. If it’s greater than or equal to 2 you multiply the decimal odds minus one by 100. Then, continue multiplying both the numerator and denominator by 10 until the numerator is a whole number. Step 1: Write down the decimal number which you want to convert, and divide it by 1. A negative value of -200 says you must stake $200 to win $100.