Odds Converter To Money
The odds converter tool in this page will convert odds from any of the three main formats into the other formats. It will also calculate the relevant implied probability too. To use it, simply enter the odds you wish to convert in the appropriate box, and then click the “Convert Odds” button. Positive odds - 100 divided by (the american odds plus 100), multiplied by 100 to give a percentage e.g. American odds of 150 = (100 / (150 + 100)). 100 = 40%. Negative odds - Firstly multiply the american odds by -1 and use the positive value in the following formula: american odds divided by (the american odds plus 100), multiplied by 100 to. The spread converter / moneyline converter tool would then tell you that you should expect to find moneyline odds of -284.8 on the favorite and a moneyline price of +225.2 on the underdog, based.
Odds Converter To Money Ratio
Use the tool below to convert odds between American, decimal, fractional and percentage formats.
For example, when you use an odds converter to convert decimal 1.33 you get 1/3 fractional and -300 american but if you convert 1/3 to american you might see -303.03. While this conversion to -303.03 is actually correct, some bookies tend to refer to -300 when meaning the fractional 1/3 because it's easier for the punter to remember, while. 00:00 EST Money Spread Over/Under; Santa Clara +155 +4(-110) O 150.5(-110) Pepperdine-175-4(-110) U 150.5(-110).
Betting Odds Explained
American Odds – American Odds are the default odds format at most US friendly betting sites as well as Nevada sports books. Here odds are expressed as either a negative or a positive number. When positive the odds represent how much a player will profit on a successful $100.00 wager. So for example if the odds are +180 a successful $100 bet will return $280 (the $100 stake + $180.00 win). When the odds are negative they represent how much a bettor must stake to win $100. Therefore $150 staked at -150 returns $250.00 (the $150 stake + $100 win).
Decimal Odds – Decimal Odds, also referred to as European Odds, are used in most European countries and are the default option of many Asian bookies as well. This is the easiest odds format to understand as the odds represent how much a 1 unit wager returns. For example a €1 wager at odds 1.91 returns €1.91. This return includes both your stake plus profit; to calculate how much your return will be simply multiple your stake by the given odds.
Fractional Odds – Fractional Odds are used in the UK and Ireland. Here the first number is the amount to be won, and the second number is the stake. So for examples 4/1 is stake 1 to win 4, and 10/11 is stake 11 to win 10. To calculate how much a winning bet will profit, convert the fraction to a decimal and multiply it by the stake. For example 3/2=1.5, so, if wagering at 3/2 a successful bet will return 1.5 times your stake in winnings and will also return your stake.
Implied Probability – Implied Probability is how often a bet must win to average break even. This is calculated as risk/return, so for example +200 in American format (3.00 European) is risk $100 to win $200 so a winning wager returns $300 ($100 stake + $200 win). Therefore the implied probability of +200 is $100/$300= 0.3333, which is 33.33%. For this reason you should only wager at +200 if you think the probability of winning is greater than 33.33%.
On the topic of odds, refer to our No-Vig Calculator for a better understanding of how betting odds work.
| 00:00 EST | Money | Spread | Over/Under |
|---|---|---|---|
| Pepperdine | |||
| BYU |
| 14:00 EST | Money | Spread | Over/Under |
|---|---|---|---|
| Miami Florida | |||
| Pittsburgh |
| 16:30 EST | Money | Spread | Over/Under |
|---|---|---|---|
| Boston College | |||
| Duke |
| 13:05 EST | Money | Spread | Over/Under |
|---|---|---|---|
| Pittsburgh Pirates (N) | |||
| Atlanta Braves (N) |
| 13:05 EST | Money | Spread | Over/Under |
|---|---|---|---|
| New York Yankees (N) | |||
| Detroit Tigers (N) |
| 13:05 EST | Money | Spread | Over/Under |
|---|---|---|---|
| Baltimore Orioles (N) | |||
| Minnesota Twins (N) |
| 13:05 EST | Money | Spread | Over/Under |
|---|---|---|---|
| Boston Red Sox (N) | |||
| Tampa Bay Rays (N) |
| 18:08 EST | Money | Spread | Over/Under |
|---|---|---|---|
| New York Rangers | |||
| Pittsburgh Penguins |
| 19:08 EST | Money | Spread | Over/Under |
|---|---|---|---|
| Buffalo Sabres | |||
| Philadelphia Flyers |
| 19:08 EST | Money | Spread | Over/Under |
|---|---|---|---|
| Nashville Predators | |||
| Carolina Hurricanes |
| 19:08 EST | Money | Spread | Over/Under |
|---|---|---|---|
| New Jersey Devils | |||
| Washington Capitals |
Odds Converter To Money Calculator
Check out our Sports Betting Calculators!
Gain the advantage in your college football and NFL pool. Whether it’s the office football pool, your daily fantasy league or gambling in the sportsbook. View the odds as they change and see which direction they are moving. Use our computer calculated statistics to get an unbiased edge on college football and NFL matchups. No account needed. Start browsing our college football lines or NFL lines now!
When you sign up for a FREE account you get access to your own ledger. Track your bets, your winning percentage and positively manage your money.
Tracking odds and line movements for every single game so you get an edge before placing your bets. Don’t Miss Out! Get Free Sports Information on line movements including NBA odds, NFL odds, College Football odds and MLB odds from our Sports Handicapping software.
Moneyline Odds Converter
BreakingOdds sports betting odds service offers daily sportsbook odds, lines and point spreads, free sports betting ledgers, handicapping calculators customized for the sports handicapper, sporting news, articles and free sports picks. NFL Picks, College Football Picks, NBA Picks, College Basketball Picks and Baseball Picks. Let BreakingOdds sports betting odds calculators and professional expertise work for you.