ODDS CONVERTER
Convert between American, Decimal, Fractional, and Implied Probability
Converter
Used in US sportsbooks
Used in Europe, Australia, Canada
Used in UK bookmakers
Win probability implied by odds
Understanding Odds Formats
American Odds
Positive (+150): $100 bet wins $150
Negative (-110): Must bet $110 to win $100
Decimal Odds
Shows total return per $1 wagered (including stake). Example: 2.50 returns $2.50 per $1 bet.
Implied Probability
The probability of winning implied by the odds. Does not account for bookmaker's vig/juice.
Quick Reference
Even Money+100 / 2.00 / 50%
Standard Line-110 / 1.91 / 52.4%
Heavy Favorite-300 / 1.33 / 75%
Underdog+200 / 3.00 / 33.3%