Basket, or a five number bet, is available only in American roulette and allows players to bet on the zero, double zero, 1, 2, and 3. Select the odd format. Learning to spot these weak lines will add to your bottom line over the course of a football season. Expected Value DefinitionOur betting odds calculator allows you to calculate the returns on 29 different bet types, or it can be used as an odds calculator to work out potential winnings on your bets before placing them. Gambling can be addictive, please play responsibly. Learn how to bet on sports by using our betting odds, odds value, odds converter, and hedging calculators to get all the data you need to make the right wagers. The OddsJam odds converter makes it easy to switch between decimal odds, American odds, and fractional odds. The opposite math is true for positive odds: Giants plus 150. We now want to apply the bet365 house edge or vig to our decimal odds, which we will then convert to American odds and compare to their opening market. (5 – 1) x 100 = 400. If your horse finished in places 2nd. The spread converter / moneyline converter tool would then tell you that you should expect to find moneyline odds of -284. We convert this fraction into decimal odds by taking 1, dividing it by the 4, and then adding 1. 70 EC. So if the decimal odds show as 5. Point Spread. There are two formulas you will need to convert baseball betting lines into probability. That's because a sportsbook charges you a tax on every bet to take your action. 16. 5 points or more. 50 for breakage and you get odds of 1. A 3-point dog would likely have a line around +124. 97, for a stake of $100, you stand to win $597 ( 6. Boxing Odds FAQs. To Convert Fractional Odds Over 1/1 to American Odds, (divide the numerator by the denominator) and multiply that by 100. In this case, you’ll receive $16. Example: A given bookmaker has published odds for a given event, whereby for the favourite he has given odds of 2. American Odds? American odds are displayed in hundreds and thousands (-110, +500, +1500, etc). American odds cannot simply be multiplied together — each. exist to make money. Easily convert betting lines to fair odds, helping you make more informed decisions, maximize value, and optimize your sports betting strategy. Download App. Betting odds is a payout ratio that has the house profit margin built into it. PLUS I want to add to this formula overall. The formula is different when the American odds are negative: That single unit is best thought of as $1. 5 are now the most popular wagers on the market and they’re easy to figure out. Any odds with a plus sign (like +150) means you'll win more than you risked — a $100. 0 x 5, or £55 in total. If you bet $100 on the Giants and they win, you win $150. At OddsMonkey, you can use our free matched betting calculator to work out how much money you need to stake on your lay bet at the betting exchange to earn a profit. Normally a sportsbook would offer you less than even money about a coin toss. Review. If you or someone you know has a gambling problem. 4% / 104. How does the odds converter work? Our odds converter allows you to enter any format such as US odds (+100), or decimals / Australian odds ($2. These bets are also called over/under bets. This fraction is. Lucia will accept other foreign money, such as the Euro Dollar,. Outspread to moneyline converter would quickly reveal that the expected moneyline odds for the Celtics as favorites to win would be -349. This odds format (also known as HK Odds) works the same as Decimal Odds, but does not include the stake. View Odds Calculator. That’s because the odds offered are less than the 50% chance of success deserves. These begin with the assumption of getting $ 100 for a bet. 1 - 1) * 100 = +110 Converting decimal odds for favorites to American odds For the favorite (odds of below 2 and greater than 1) we use the following formula: -100 /. 5 handicap would mean they need to win by at least 3 points for the bet to. Your parlay calculation would look like this: 1. Enter the spread that the. You can compare all three formats using our free online odds calculator. Single bet, double, treble, accumulator, Lucky 15, Goliath, etc. 0. 22 percent. 1 -1) * 100 = +110. For example, a bet placed at +200 in American odds (2/1 in fractional or 3. An event in the real world with two outcomes, like a coin flip, might have 50/50 odds. The expected value of a $100 bet on Rams +110 is equal to $5, as seen in the calculator. Learn how to bet on sports by using our betting odds, odds value, odds converter, and hedging calculators to get all the data you need to make the right wagers. If, for example, the result of multiplying legs of a parlay bet is 6. Sports BettingSports Betting Promo Codes How To Bet Free Bet Calculator Free Parlay Calculator Download the App Kentucky Sports Betting If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). Betting odds converter: You’ll probably see lots of different kinds of odds formats on your travels. S. Detroit Lions +8. 2nd. 3/2. The standard exchange rate of the US Dollar to Eastern Caribbean Dollars is USD 1 to $2. Current Pity. As you can see, the optimal way to hedge is to place your free bet on Liverpool -4. Any given week of the NFL you will see some massive odds for games and huge favorites. 5 at +700 odds on DraftKings, and the Leeds +4. American It is important to pay attention to. for minus money, the math gets a bit. 15 back ($10 bet + $6. An odds calculator is easy to use. Betting Odds Calculator. Round this amount off to $1. Like most things in the gambling world, the whole point is to turn a profit. 03. Let’s say 10/11 in fractional, 1. An odds converter is a tool that you can use to convert one type of odds into another, usually just by typing in the odds that you’re trying to decipher and then pressing the button to convert. Here are the three best casino games to play if you want decent odds of winning money. You can read more about arbitrage betting in the linked blog post above, which contains an example of a profitable hedge bet. (+400/100) + 1 = 5. 5. Uncover the mathematical foundations with our insightful article on the two main types of odds formats. Our betting odds calculator allows you to calculate the returns on 29 different bet types, or it can be used as an odds calculator to work out potential winnings on your bets before placing them. 50 – 1. Skip to content; Free bets, betting, odds comparison, racing results, football scores at Betrescue. 00 US Dollar = 0. Let’s use an example. As shown in the odds converter, -200 American odds is equivalent to 1. Stake. The game is mostly self-explanatory. Payout. Converting positive odds: You divide the American odds by 100 and add 1. Our betting odds calculator is perfect for showing you how to calculate potential winnings for all types of sports bets. 03. Using our odds converter is the simplest technique there is to change the format of an odd. 1: (2. Use our odds conversion table. The Lakers had money line odds of -150 to win, while the Knicks odds were +250. Using our Bama-USC game, that would be 550/100=5. OddsJam offers the sharpest sports betting tools on the market by analyzing 1M+ odds per minute from over 100 sportsbooks to identify profitable betting opportunities in real time. Services. Check out the odds for every week of the NFL regular season. If I successfully bet $15 on a horse with 3/5 odds of winning, the payout would be $24 ($15 + [15 x 3/5]) 2. Over 216 (-112) at $50. To Convert Fractional Odds Under 1/1, divide -100 by (the quotient of the numerator divided by the denominator). Get 50% Back of your first days' losses as a Free bet up to £50+£20 Casino Bonus. 2 times, 1. 3rd. Therefore the calculation for your wager on Team A is as follows: Team A: 100 / 120 = 0. The Parlay Odds Calculator is a sports betting tool that calculates how much your bet will payout. 5: -100 / (1. Different sites have these odds converters to aid players in making better betting choices. Gambling can be addictive, please play responsibly. These odds are almost the same as in a coin flip (read more about this in our coin flip probability calculator). 3%. u 235. This means that you would need to wager $204 to profit $100 on the favorite. Profit = $137. But with both prices fairly close to an even return, this game is seen as a near toss-up. For instance, the Boston Bruins have odds of +175 to win an NHL game. MLB odds explained. Most commonly used in the UK and popular around the world, fractional odds can be written with a slash (/) or hyphen (-). Sports. If it’s greater than or equal to 2 you multiply the decimal odds minus one by 100. When betting on odds with a positive figure, you need to be $100 to make a profit of that figure in dollars. With decimals you can see that your stake is included in the figure. The. 5-112 +320. 40. If, on the other hand, instead of knowing. More specifically, 6/1 (six-to-one) odds would indicate that on top of winning back what you wager, you’d also win $6 against every $1. 100 / (Positive Odds + 100) * 100Bet calculator and free betting calculators to determine payouts. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. e. 50. Stats. On a $100 bet, the payout would be $300. g. 74 decimal odds. The team would win 5 out of 6 games and lose 1 of them. Another interesting bet calculator which can help users to try out a betting strategy they might not have even heard of before is the Heinz Bet Calculator. -2. All you need to do is input the back stake, the bookmaker back odds, the exchange. The left chart is to be used for favorites, and the right for underdogs. For example, -110 odds mean you need to bet $110 to win $100, while +110 odds mean you'll win $110 with a $100 bet. As it stands, websites and bookmakers around the world tend to default to one of three odds formats: fractional, decimal, or money line odds. Just fill out your bet amount and the odds to see your payout and the implied probability of your bet. American Odds. Featured Matches. For instance, if you made a $2 win bet on a horse at 2-1 odds and that horse won – you would profit $4 and also get the original $2 back for a payout of $6. Converting American Odds to Implied Probabilities. 100 over the relevant number (ignoring the negative sign). 00 profit (50% return). Put together the vig-free odds and you get a true line of +953. 12:31pm ET. Display payouts based on odds wagered. 300/100 is simplified to 3/1. 2. That extra $21 makes a huge difference over a large sample size. 15 back ($10 bet + $6. 00. This is for informational purposes only. Betting odds calculator allows you to insert your odds and automatically convert them to American, Decimal, and Fractional odds. As you can see, there’s a difference of 20 between the two values (105 and 125). $10 bet =. fall. Remove the first ‘0’ Replace it with a ‘1’ Example: Barcelona have Malay odds of 0. Free Odds Calculator converts lines offered by your sportsbooks to sports betting formats: American, Decimal, Fraction & Implied ProbabilityOur betting odds calculator can show you your expected payout based on your bet amount and odds, as well as what your odds are in other formats and your implied probability of winning. Conversely, the Pirates are the underdog as indicated by the plus (+) sign, and a $100 bet would return. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter. Expected Value Definition To calculate your profit on a win just do out the fraction and multiple by stake. For example, bettors can use the Gaming Today moneyline calculator to convert Kansas City’s -135 odds to 1. This also means that your wager won’t profit as much as it would if it was a positive number although you’re more likely to win the bet. Laying the same outcome at 2. 5, and 1. If a lot of bets were taken on the 6/4 favourite, the price would likely shorten, maybe to 5/4 (44. For instance, if the American odds are 120, it means you will get $120 if you win the bet by putting down $100. Odds of 2/1 (the way to say is “two to one”, or less commonly “two to one against”) imply that the bettor would have £200 profit on a £100 stake. Fair Odds = 52. With our parlay calculator, you can select how you want your odds displayed. 5-110. The Stars are 1. Generally speaking, the odds for a spread bet are set at -110. 0 (Evs), and get money back as a Free Bet if it loses. To convert positive odds to a decimal, divide the odds by 100 and then add 1. This means a $100 bet would potentially win you. To calculate the payout of a $50 bet on the Buffalo Bills, divide 115/100 and multiply by $50 (1. 00. American Odds. 33%, and of losing 1/6 = 16. In this instance, you’d win $7 total. 03 profit. -100/-140 = 0. It depends on the one you prefer. Negative odds show how much you need to wager to make $100. That means that you have to bet $110 to win $100. Convert Money Lines to Percentage. You can calculate these exact amounts for all NCAA basketball odds using our sports betting calculator. Moneylines will be formatted in American odds at a sportsbook like FanDuel. Welcome to Flop Turn River! It’s our mission to turn you into a winning poker player. Moneyline odds in Major League Baseball are illustrated as follows: New York Mets -210/Pittsburgh Pirates +180. 00 in decimal) has a 33. 50 to win a match, their implied probability of winning is 0. NFL Weekly Odds. This means you would need to wager $184 to win $100 if you bet on that team to win. USD – US Dollar. MLB Free Agency. To convert American odds to decimals, you simply carry out the reverse calculations. That way, you’ll know the exact amount you'd win before placing any picks from your favorite sportsbook. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. However, the standard exchange rate will vary slightly depending on the time of your visit and where you exchange your money. Much easier to know who the favorites are, who the underdogs are, and how much you’ll. 00 and when converted to. Implied win probability = 76. Based on this information, you will see that the estimated moneyline. 5-points they are likely to cover. Odds of -330: Decimal odds = 1. Example: Converting -110. To calculate returns using decimal odds just multiply the stake by the decimal odds, the resulting number includes your initial stake. Bet on the ball landing on an even or odd number (casinos don't count 0 or 00 as even or odd). This means that the bigger, sharper wagers are on that team, while the opponent is getting more of the $5 bets from Average Joes. The American odds calculator above allows you to see various outputs such as decimal odds, implied win probability, amount returned on a bet (or “payout”), and bet profit. But if you would like to learn more about betting odds and alternative odds formats, try this odds converter. 5). Using -300 as an example, the formula would be 1 + (100 ÷ 300) = 1. The Chiefs ended up winning the Super Bowl, and anyone that bet the Chiefs outright would receive a payout of 1:1, as indicated by the +100 odds, a $100 bet profiting $100. Team B: 330 / 100 = 3. The Moneyline odds show how much you need to bet to win $100 (if Moneyline is negative) or how much you would earn if your stake were $100 (if Moneyline is positive). 0 x 5, or £55 in total. To easily convert odds, in any format, into implied probability, you can useE. 5 parlay using our sample matchup. Converting all odds to this format will save you time, money and effort. Again, you then need to simplify the fraction if possible. Based on these odds, the calculator says to hedge about $62. 25 or 25%. Example: 3. 1 money line odds into American format, you will get a computation of -100 / (2. Add the positive sign, and we get +400. Amount. 5 -120 / New England -3. These calculators give you the best calculations to show you the house edge in each game as well as the best play for each situation. We primarily use American odds because the majority of betting sites use them, especially when displaying moneyline odds. The Odds Calculator only requires you to enter the value of the odds into the cell describing the initial format of the odds – everything else is automated. 10 , then the odds are 0. 00000344%. You must add a positive sign to the result to get the correct moneyline odds. 75 to beat Manchester United in the Champions League. There is always a risk of losing money when sports betting. 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. Converting American odds into fractional odds is simpler. Enter the details and the betting calculator will predict your earnings and show your anticipated profit. Cowboys minus 170. To calculate “+” odds, divide the odds by 100 and multiply that product by the amount of the wager. It can be a daunting task to calculate poker odds, especially with so many variables involved, but our Poker Odds Calculator simplifies the process for you. 83 x $50 = $41. Money Discrepancies. Over 146. 100 / (130 +100) = 0. 100% Free Online Poker Hand Replayer How to use CardsChats’ Poker Hand Converter & ReplayerHow does the Arbitrage Calculator work? Our arbitrage calculator allows you to enter the odds of two (or more) different bets to determine how much you should stake on each to guarantee a profit. Implied Probability e. Divide the odds by 100, and then reduce it to its simplest form, e. This odds conversion tool converts between US, decimal, fractional, Hong Kong, Indonesian, Malay odds, and implied probability. 00000007151123842 = 13, 983, 816. If the odds are tiny (one to a million), the probability is tiny, almost zero. Bet Amount. 55. For a - sign, divide 100 by moneyline. Thirdly, this calculator will show you how much. Use this betting tool before heading to your sportsbook to ensure you are committing to the best odds for your dollar. As noted above, moneyline odds in the MLB will typically range from -200 to +200. The Betrescue Odds Converter table converts decimal odds to fractional odds and vice version. 33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303. 8 on the favorite and a moneyline price of +225. g. for example, +130 will be 2. 00 in decimal format. Odds Formats. This means that if you bet $100, you will win a profit of $175 if you are correct. A negative value of -200 says you must stake $200 to win $100. For example, decimals odds of 200. Decimal odds will be converted to the nearest standard American or Fractional equivalent. You multiply your stake (bet amount) by that figure in order to calculate your potential return. 5-108-405. On the other hand if it’s less than 2 you divide -100 by decimal odds minus one. 50 is: 1. The Moneyline Calculator instantly converts American odds to decimal, fractional, and vice versa. i. Schedule Free Coaching Call. An odds calculator is easy to use. Taking the example above, if we added a stake of $50 we can calculate the potential winnings from the bet using an odds calculator: Profit = (50 * 275)/100. To use the tool, enter the spread, the odds on each side and choose the sport. A team or player with a minus sign in front of their name is generally the favourite, unless the odds are very close. Check the final conversion. 5, if your prediction wins then you would receive back $38. e. Free Bet stakes are not included in any returns. We remove the 0 and replace it with a 1 to get 1. Example for 2. Enter the amount of money you want to win with your wager. 5 bet assuming the $10 free bet at +700 is placed on DraftKings. Negative American odds reflect the amount of money you would have to bet in order to win $100 and are displayed as: Los Angeles Lakers: +130. For example, if the Moneyline odds are -150, you need to bet $150 to win $100; if the odds are +150. The left chart is to be used for favorites, and the right for underdogs. Standings. Then you will subtract your $10 wager. Implied odds or betting odds are likely not the same as the true odds. 87. Money Risked * Odds = Total Payout. 20 plus the original $1 stake. For example, if the odds are 1. EUR/USD 1. 41% = $0. *The amount gained for every £1 staked is represented by decimal odds. The first is for when the decimal odds are greater than 2. 67%. Our odds calculator calculates your potential winnings in both American, fractional and decimal odds. Convert your decimal, fractional and moneyline betting odds using our odds converter tool. A team or player with a minus sign in front of their name is generally the favourite, unless the odds are very close. Again, you then need to simplify. 0000 could. However, it is not always 100% precise if the decimal is not . 2 in decimal odds (+120 in American), which means every $1 bet would profit $1. 95 translates to risk $10. For example, should a user input fractional odds off 6/4, the. 2 = 12/10 = 6/5. 5 1. 5 x -100 = -200. 30 (+130). To locate the best discrepancy plays, focus on the "money %" column. This would instantly reveal the decimal odds to be 1. Betting Odds Calculator. Profit = 13750/100. or 1. 5-110-8. PinnacleFree matched betting calculator and odds converter available with Team Profit. Currency Converter. New customer only. Betting odds to win Clutch Player including favorites Luka Doncic and Damian Lillard. US odds. 20 plus the original $1 stake. The Odds Calculator is a tremendous way to calculate your potential winnings when it comes to placing multiple bets including accumulators. 5-1) = -200. For favorites, you must add the minus sign. If your prediction wins you would receive back $38. The American odds format, unsurprisingly, is one that is followed by American sportsbooks. Use our parlay calculator to figure out how much you stand to win. 25 including the original $50 risked. (2. To convert negative odds, you create a fraction by putting. Decimal odds. Fractional Odds e. 5-1 or 3-2, as it would normally be written,. -3. If the odds are negative, for instance $-110, wagering $110 dollars would generate a payout of $210 and a profit of $100. There are two different ways to convert from decimal to American odds. 1, after which a lot of money is placed in bets on this sign and the odds start to drop, reaching 2, then 1. The data will be updated in the Football Odds Converter.