Welcome to the Betting Odds Converter - provided by dograces.co.uk
Convert Fraction Odds to Decimal
Our free and user-friendly tool allows you to effortlessly convert fractional odds into decimal odds, making it easier than ever to understand and compare different betting options. Whether you’re a seasoned bettor or new to the world of gambling, our converter is here to simplify the process and empower you to make informed decisions. Say goodbye to confusion and hello to clarity with our intuitive tool. Try it out now and elevate your betting experience with ease, all courtesy of dograces.co.uk.Â
Betting fractions to decimals converter is a useful tool because many bookmakers use different odds. Betfair for instance use decimal and Bet 365 use fractions.
Title: Understanding Odds and Probability Formats
When it comes to betting, understanding different formats for odds and probabilities is essential. Most bookmakers and websites support three main methods of stating odds, each with its own nuances and applications. Additionally, implied probability serves as a valuable tool for assessing bets and gauging the likelihood of an outcome.
- Fractions:
- Commonly used in the UK and Ireland, fractional odds express the potential profit relative to the stake. For instance, if £10 is wagered at odds of 4/1, the potential profit would be £40 (£10 * 4), with the total return being £50 (£40 profit plus the initial £10 stake).
- Decimals:
- Decimal odds represent the potential return relative to the stake. For example, if £20 is wagered at odds of 2.5, the total return would be £50 (£20 * 2.5), with the potential profit being £30 (£20 * 2.5 minus the £20 stake).
- American – Moneyline:
- In the American format, odds can be positive or negative. Positive figures indicate the potential winnings on a £100 bet. For instance, American odds of +150 would yield £150 in winnings on a £100 bet. Conversely, negative figures specify the amount that must be wagered to win £100 in profit. For instance, American odds of -200 would require a £200 bet to yield £100 in profit.
- Implied Probability:
- Implied probability translates odds into the likelihood of an event occurring. For example, a bet with odds of 5/1 implies that the event is expected to occur once in every six attempts, corresponding to a probability of approximately 16.67%.
By understanding these different formats and concepts, bettors can make more informed decisions and navigate the world of betting with greater confidence.
| Fraction | Decimal | American (Moneyline) | Implied Probability |
|---|---|---|---|
| 1/100 | 1.01 | -10000 | 99% |
| 1/5 | 1.2 | -500 | 83.30% |
| 2/9 | 1.22 | -450 | 81.80% |
| 1/4 | 1.25 | -400 | 80% |
| 2/7 | 1.29 | -350 | 77.80% |
| 3/10 | 1.3 | -333.3 | 76.90% |
| 1/3 | 1.33 | -300 | 75% |
| 4/11 | 1.36 | -275 | 73.30% |
| 2/5 | 1.4 | -250 | 71.40% |
| 4/9 | 1.44 | -225 | 69.20% |
| 1/2 | 1.5 | -200 | 66.70% |
| 8/15 | 1.53 | -187.5 | 65.20% |
| 4/7 | 1.57 | -175 | 63.60% |
| 8/13 | 1.62 | -162.5 | 61.90% |
| 4/6 | 1.67 | -150 | 60% |
| 8/11 | 1.73 | -137.5 | 57.90% |
| 4/5 | 1.8 | -125 | 55.60% |
| 5/6 | 1.83 | -120 | 54.50% |
| 10/11 | 1.91 | -110 | 52.40% |
| 1/1 (evens) | 2 | 100 | 50% |
| 21/20 | 2.05 | 105 | 48.80% |
| 11/10 | 2.1 | 110 | 47.60% |
| 23/20 | 2.15 | 115 | 46.50% |
| 6/5 | 2.2 | 120 | 45.50% |
| 5/4 | 2.25 | 125 | 44.40% |
| 11/8 | 2.38 | 137.5 | 42.10% |
| 7/5 | 2.4 | 140 | 41.70% |
| 6/4 | 2.5 | 150 | 40% |
| 8/5 | 2.6 | 160 | 38.50% |
| 13/8 | 2.62 | 162.5 | 38.10% |
| 7/4 | 2.75 | 175 | 36.40% |
| 9/5 | 2.8 | 180 | 35.70% |
| 15/8 | 2.88 | 187.5 | 34.80% |
| 2/1 | 3 | 200 | 33.30% |
| 11/5 | 3.2 | 220 | 31.20% |
| 9/4 | 3.25 | 225 | 30.80% |
| 12/5 | 3.4 | 240 | 29.40% |
| 5/2 | 3.5 | 250 | 28.60% |
| 13/5 | 3.6 | 260 | 27.80% |
| 11/4 | 3.75 | 275 | 26.70% |
| 3/1 | 4 | 300 | 25% |
| 16/5 | 4.2 | 320 | 23.80% |
| 10/3 | 4.33 | 333.3 | 23.10% |
| 7/2 | 4.5 | 350 | 22.20% |
| 4/1 | 5 | 400 | 20% |
| 9/2 | 5.5 | 450 | 18.20% |
| 5/1 | 6 | 500 | 16.70% |
| 11/2 | 6.5 | 550 | 15.40% |
| 6/1 | 7 | 600 | 14.30% |
| 13/2 | 7.5 | 650 | 13.30% |
| 7/1 | 8 | 700 | 12.50% |
| 15/2 | 8.5 | 750 | 11.80% |
| 8/1 | 9 | 800 | 11.10% |
| 9/1 | 10 | 900 | 10% |
| 10/1 | 11 | 1000 | 9.10% |
| 11/1 | 12 | 1100 | 8.30% |
| 12/1 | 13 | 1200 | 7.70% |
| 13/1 | 14 | 1300 | 7.10% |
| 14/1 | 15 | 1400 | 6.70% |
| 15/1 | 16 | 1500 | 6.20% |
| 16/1 | 17 | 1600 | 5.90% |
| 18/1 | 19 | 1800 | 5.30% |
| 20/1 | 21 | 2000 | 4.80% |
| 25/1 | 26 | 2500 | 3.80% |
| 33/1 | 34 | 3300 | 2.90% |
| 50/1 | 51 | 5000 | 2% |
| 66/1 | 67 | 6600 | 1.50% |
| 100/1 | 101 | 10000 | 1% |
| 1000/1 | 1001 | 100000 | 0.10% |
