Calculator for Sports Odds. Use our odds calculator to easily convert American (a.k.a. Moneyline), Decimal, and fractional odds. You can also view corresponding odds by their implied probability of winning (expected win%), as well as calculate payouts for sports bets based on the amount wagered ($100.00 is used by default). If you put $100 on 1.50 odd, possible payout would be $150. It’s important to bear in mind, payout is stake plus profit which is different from UK odds (profit in this example is $50). These odds are considered to be best for parlay betting (accumulators), since the payout is simply the product of the odds for each outcome wagered on. With the ability to grab 100-1 odds on either fighter to land at least one punch, DraftKings Sportsbook is essentially removing the guesswork with an awesome payout on a virtually surefire outcome.
Calculator for Sports Odds
Use our odds calculator to easily convert American (a.k.a. moneyline), Decimal, and fractional odds. You can also view corresponding odds by their implied probability of winning (expected win %), as well as calculate payouts for sports bets based on the amount wagered ($100.00 is used by default).
How to Use the Odds Calculator
Enter the odds in your preferred format and instantly view how they are converted into other popular types. You may also manually adjust the bet amount in USD to calculate what your payout would be based on the odds provided. Just hit the reset button if you’d like to start over.
Odds Calculator Uk
Since not all sports betting sites use the same type by default, you can use this tool to quickly convert odds to a format that you understand. You can also see the probability of winning that the oddsmaker implies by setting the line at what it is. This is sometimes useful to help you understand what you are betting on.
This tool is for single wagers only. Head to this link if you are looking for a parlay (multiple bet) calculator.
How does the odds converter work?
Odds Calculator And Payout American Odds
Our odds converter allows you to enter any format such as US odds (+100), or decimals / Australian odds ($2.00) or fractional / UK odds (1:1) and we convert all these formats to the other betting formats for you.
Use the Odds Converter here
What is an odds converter?
Odds can be displayed in many different ways, including as fractions, decimals and if you're in the USA, with a positive or negative sign. 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 $2.00). It's important to realise that although they all look different they are all just indicating the same price of an event with numbers.
An odds converter is especially beneficial if you have moved to a new country with a new odds format, if you are travelling or if you are betting with an international sportsbook. Poker spin n go.
Decimal odds show the amount of money the bettor will receive back multiplied by the original stake. For example, if the price is $7.50, and the bet is successful, the bettor will receive 7.5 times their original stake.
Fractional odds are stating the same thing, in a different format. In fractional odds, whatever the second number is, can be seen as the stake, and whatever the first number is, is what the bettor will receive back should the bet be successful. For example, if the price is 15/2, the bettor will receive 15 'stakes' for every 2 they wager.
American odds are slightly different and are based of stakes off a $100 bet. When the odds are with a + sign, they represent the amount of money you would receive back from a bet of $100. When the odds are displayed with a - sign, that represents the amount if money the bettor would have to wager to receive a $100 profit. For example, if the odds are +750, the bettor would receive $750 dollars if their bet was successful. If the odds were -750, the bettor would have to wager $750 in order to profit $100 (and therefore receive back $850 in total).
1000 To 1 Odds Payout
Now you can tell that $7.50, 13/2 and +650 all mean the same thing and the need for an odds converter!