Decimal Odds To American

American to Decimal. Positive Odds (“+”): Divide the moneyline by 100 and add 1. Decimal = (moneyline/100) +1. Examples: +100: (100/100) + 1 = 1 + 1 = 2.00. +235: (235/100) + 1 = 2.35 + 1 = 3.35. Negative Odds (“-“): Divide 100 by the moneyline, then add this value to 1.00. American odds are either expressed as a negative (-) number or a positive (+) number. Negative (-) numbers are used for bets of less than even money, such as a favorite to win. A negative (-) number is how much you would have to stake to profit 100 units. Odds of -220 means you would have to stake 220 m฿ to win 100 m฿.

1. American Odds Converter
2. How To Convert Decimal Odds To American Odds

American odds use the plus and minus sign to convey the potential return for any bet. American odds always use a baseline value of $100. A negative number indicates how much you’ll have to bet to win $100, and a positive number indicates how much you’ll win if you bet $100. Therefore, a negative number indicates an ‘odds-on’ favourite.

Did you know that, according to one UK-based bookmaker, there are 500/1 odds of Kanye West becoming the next US president? Depending on your viewpoint, it’s a brave or foolish bet. But while political betting markets aren’t offered in the US, these odds wouldn’t read as 500/1 in American bookies. They’d instead read as +50000, while it would be presented as 501.00 in Australia. That is to say, there is no single odds format used universally across the world. In this article, you will get to know the difference between American odds, fractional odds, and decimal odds.

Whether you’re trying your luck with seemingly absurd wagers, or gambling on more probable outcomes, you have to understand the odds used so you can always work out the best returns. The three main formats are American, fractional, and decimal odds and, as touched upon, different countries have different preferences. Let’s take a look at each format in turn.

American odds (also known as Moneyline or US odds) display the favorites with a minus sign and a number indicating how much you need to stake to win $100. The odds for the underdogs have a plus sign, showing the amount you’d win for every $100 staked. For example, in this guide to NFL odds, the odds for a game between the Chiefs and Packers are:

Chiefs +3 (-110)

Packers -3 (+110)

Ignoring the -3 and +3 figures, for now, the odds of +110 for the Packers indicates a lower probability of them winning the game. As such, it’s in the bookmaker’s interest to offer longer odds, which are more tempting. You’d win $110 for every $100 gambled on the Packers if they unexpectedly won, which would give you $210 including your original stake. If you bet on the Chiefs instead, you would need to wager $110 to take home $100, which would also win you $210, including your stake. So you’ll have to gamble more to win less on the Chiefs, hence why they are favorites.

The +3 and -3 represent the point spread. This means, to win a bet on the Packers, they would need to win the game by more than three points. To win on the Chiefs, they would need to lose by two points or less (or win the game). The point spread works as an equalizer so that betting on either team offers an almost even chance of winning, despite the clear disparity between the two teams.

Fractional odds are typically used by the UK and Irish bookmakers. These are usually written with a slash or a hyphen — for example, 7/1 or 7-1, pronounced as ‘seven-to-one’. These particular odds would mean that you win $7 for every $1 you wager. According to one soccer bookmaker, the three favorites to win the 2022 World Cup have the following odds:

France: 11/2

Germany: 13/2

Argentina 11/1

With shorter odds than the other two teams, France are the current frontrunners. And while you’d make $11 for every $2 spent on France and $13 for every $2 on Germany, you’d win $11 for each $1 you wagered on Argentina to be champions. So, say you bet $100, you’d make $550 profit on France [$100 x (11/2)], $650 on Germany [$100 x (13/2)], and $1100 on Argentina [$100 x (11/1)].

There are also reverse fractional odds, known as ‘odds-on’ prices. The bottom number of the fraction shows how many times your stake will be divided to calculate your winnings:

$1 stake divided by 2 = $0.50 winnings = odds of 1/2

$5 stake divided by 2 = $2.50 winnings = odds of 1/2

$10 stake divided by 2 = $

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5 winnings = odds of 1/2

Decimal odds are used by bookmakers in Europe, Australia, New Zealand, and Canada. These are very easy to understand, and instantly allow you to distinguish between the favorites and underdogs. With decimal odds, the number represents what you’d win for every $1 wagered, including your stake. To work out the potential return, simply multiply the stake by the decimal number. For example, one Australian bookmaker offers the following odds on who will win the 2020 US presidential election:

Joe Biden: 2:00

Donald Trump: 2:00

Mike Pence: 34:00

So, if you were to put $100 on either Biden or Trump, your total return would be $200 ($100 x 2.00). As this figure includes the initial stake, your net profit is $100. Whereas, if you wagered $100 on Pence, you’d take home $3400 ($100 x 34.00), with a profit of $3300. From this, it’s obvious that Biden and Trump are clear frontrunners to be the next US president, with Pence’s long odds showing how unlikely his chances of taking office are perceived to be.

It is important to note that American, fractional and decimal odds are simply alternative ways of presenting the same information, meaning you can convert between them easily.

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American Odds Converter

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Implied probability is basically the conversion of odds into a percentage. That percentage then shows the likelihood of an outcome happening based on the size of the odds. 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 is 33.33%. In this example, the odds suggest that the player has a 33.33% chance of winning the match.

In sports, the probability of something happening is usually subjective. There are several factors to take into account and there’s always a chance of the unexpected. No one can state definitively the exact probability of a player or team winning a game they’re taking part in. There’s an element of personal opinion involved.

Calculating the implied probability is useful though. It helps us decide whether or not we think a bet offers any positive value. We should always look for positive value when betting, and it exists when our estimated probability of an outcome happening is greater than the implied probability that the odds on that outcome suggest.

Confused? Don’t worry! It’s not as complicated as it may seem. To make this easier to understand, let’s continue with the example of the tennis player at +200 to win his match. As we’ve said, the implied probability here is 33.33%. So if we think that the player has a GREATER than 33.33% of winning, then it makes perfect sense to bet on him. If we think his chances are less than 33.33%, it’s wise not to bet on him.

How To Convert Decimal Odds To American Odds

If you’d like a more complete explanation on this subject, there’s an article in our sports betting guide that explains value and implied probability in further detail.