Betting Odds Converter Fraction To Decimal

• Betting Odds Converter Fraction To Decimal
• Betting Odds Converter Fraction To Decimals
• Odds Converter Betting
• Betting Odds Converter Fraction To Decimal Converter Calculator
• American To Decimal Odds Converter

Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager. Supports all major formats including decimal, fraction and american. Dutching Calculator - Odds changed since you placed your last bet? Use this calculator to work out the stakes necessary to guarantee a fixed return irregardless of the outcome.

How does the odds converter work?

For positive moneyline odds, you create a fraction by placing the odds over 100. Then, if possible, you simplify the fraction. So, for +200, you’d create the fraction 200/100. This would be simplified to 2/1. Negative moneylines work in the exact opposite way. So you create a fraction by placing 100 over the odds. Simply enter the fractional odds into the box that states Fractional Odds. Fractional odds look like 2-1 0r 13/5. Press convert and the decimal odds will be shown in the Decimal Odds Box. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. Enter the Decimal odds, American odds or Fractional odds you wish to convert and our Odds Converter will do the work for you. Decimal odds will be converted to the nearest standard American or Fractional equivalent. Betting Fractions To Decimals - How To Convert: Bet4bettor Decimal, Fractional & American Odds - BitEdge: Helping You. Betting on Sportsbook Futures – How Odds and Payouts Work.

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

• Enter Aus, UK or US Odds to be converted (e.g 2.00, 1/1, +100):

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.

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).

Now you can tell that $7.50, 13/2 and +650 all mean the same thing and the need for an odds converter!

Understanding how betting odds work is a vital skill topossess if you want to make a consistent profit from your betting activities.

In the United Kingdom and Europe, the two most prevalenttype of betting odds are fractional and decimal, both of which produce the sameresult.

Most traditional bookmakers have historically usedfractional odds, while decimal odds tend to be found on betting exchanges.

Read on as we show you howbetting odds work and help you get to grips with the differences betweenfractional and decimal prices.

Fractional Odds

Fractional odds have their roots in horse racing in the UKand Ireland, with most bookmakers using them to display prices for each race.

These types of odds have also been used across the sportingspectrum and show how much profit a bettor will make against their stake iftheir selection is successful.

In simple terms, the number on the right of the fraction isthe amount you must stake to win the figure on the left.

For instance, a £1 stake on a horse to win a race at odds of2/1 would return a £2 profit if it finishes first. The punter would thereforereceive £3 (£1 stake + £2 profit).

Betting Odds Converter Fraction To Decimal

Decimal Odds

The launch of betting exchanges sparked a change in the wayodds are displayed, with decimals used to show the prices on offer for eachevent.

Decimal odds are generally displayed to two decimal places,so if you place a £10 bet at odds of 3.50 your return would be £35 (£10 stake x3.50 = £35).

Although it may take a while for punters more familiar withfractional odds to understand decimal odds, they are a little easier tounderstand.

As opposed to displaying the profit you make on your stake,they convey the exact return you would receive if a selection is successful.

Converting Fractional to Decimal Odds

To convert fractional odds to decimal, you must divide thefirst figure by the second figure and then add 1.00.

Betting Odds Converter Fraction To Decimals

For instance, fractional odds of 11/4 is 11 divided by fourwhich equals 2.75. If you add 1.00, you are left with decimal odds of 3.75.

Using the same odds, if you place a £4 bet at fractionalodds of 11/4 and your selection is successful your return would be £15 (£4stake + £11 profit = £15).

Placing a £4 bet at decimal odds of 3.75 also returns £15(£4 stake x 3.75 = £15) if your selection wins its particular event.

Converting Decimal Odds to Fractional

It is worth noting that not all decimal odds translate tofractional odds that are recognisable as the ones used traditionally in bettingmarkets.

For instance, if you have decimal odds of 1.80 this equatesto fractional odds of 4/5, but if the price shortens to 1.74, this equates to astrange-looking 37/50.

This anomaly is due to the traditional nature of thefractions used by bookmakers, which weren’t to the same full scale found indecimal odds.

Odds Converter Betting

This method allowed bookies to build an additional profitmargin into their books and shave extra value off the prices they offered topunters.

Using Odds Conversion Tools

There are numerous online sites which offer punters thechance to convert odds easily using innovative betting tools.

These often have four fields – fractional odds, decimalodds, American odds and implied probability (percentage).

To use an odds converter, enter a value into any field and itwill automatically convert the odds into all of the other formats.

Using an odds convertor is a great way to take the hassleout of calculating odds, particularly if the betting site you visit displaysthem in a way you are unfamiliar with.

Converting Fractional odds to Decimal – The Final Word

If you have a simple grasp of mathematics, it is extremely easyto convertfractional odds into decimals.

Betting Odds Converter Fraction To Decimal Converter Calculator

However, if the numbers involved leave you feeling baffled,the following chart will help!

American To Decimal Odds Converter