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πŸ”„ Free Sports Betting Odds Converter

Convert any odds format instantly β€” American to decimal, fractional to implied probability. Free tool for US, UK and Canada bettors.

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Converted formats appear here

Enter odds in any format above.

How to Convert Sports Betting Odds

American odds are standard in the US and Canada. Decimal odds are used in Europe, the UK, and Australia. Fractional odds are the traditional UK format. All three formats represent the same underlying probability β€” they're just different ways of expressing the same number. This converter lets you work in whichever format you're comfortable with and instantly see all others.

American Odds Explained

American odds use a baseline of $100. Negative odds (e.g. -110) show how much you must bet to win $100. Positive odds (e.g. +150) show how much you win from a $100 bet. -110 is the most common line in US sports betting β€” it represents a slight vig on a roughly 50/50 market. The book takes roughly 4.5 cents per dollar in this standard two-way market.

Decimal Odds Explained

Decimal odds show your total return per $1 staked, including your original stake. Odds of 2.00 means you double your money. Odds of 1.50 means a $100 bet returns $150 total ($50 profit). Decimal odds are easier for EV calculations because EV = (probability Γ— decimal odds) βˆ’ 1.

Fractional Odds Explained

Fractional odds show profit relative to stake. 2/1 ("two to one") means win $2 for every $1 staked. Evens (1/1) is a true 50/50 at no vig β€” equivalent to +100 American or 2.00 decimal. Fractional odds below 1 (like 1/2) mean you're the heavy favourite β€” you stake $2 to win $1.

Why Implied Probability Matters

Implied probability is what the bookmaker thinks the true win percentage is β€” including their vig margin. If you believe the true probability is higher than the implied probability, the bet has positive expected value. Use the EV calculator to quantify exactly how much value you have.

Odds Conversion Formulas

American to decimal: positive odds β†’ (American Γ· 100) + 1; negative odds β†’ (100 Γ· |American|) + 1. Decimal to American: if decimal β‰₯ 2 β†’ +(decimal βˆ’ 1) Γ— 100; if decimal < 2 β†’ βˆ’100 Γ· (decimal βˆ’ 1). Implied probability = 1 Γ· decimal odds.

Also in the free toolkit:

πŸ“ EV Calculator πŸ’Έ Vig Calculator ⚑ Arbitrage Calculator πŸ”„ Odds Converter πŸ›‘οΈ Hedge Calculator 🎯 Prop Simulator 🎲 Parlay Calculator