Odds Calculator
Convert between decimal, fractional, and moneyline odds. Calculate implied probability and potential payouts for your bets.
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Payout Calculator
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Profit $10.00
Total Payout $20.00
Frequently Asked Questions
- To convert fractional odds (like 5/1) to decimal, divide the first number by the second and add 1. Formula: (Numerator รท Denominator) + 1. Example: 5/1 becomes (5 รท 1) + 1 = 6.00.
- Implied probability is the likelihood of an outcome as suggested by the odds. For decimal odds, the formula is (1 รท Decimal Odds) ร 100. If the odds are 2.00, the implied probability is (1 รท 2) ร 100 = 50%.
- Positive moneyline odds (+) show how much profit you make on a $100 bet. Negative moneyline odds (-) show how much you need to bet to make $100 profit. For example, +200 means a $100 bet wins $200, while -200 means you must bet $200 to win $100.
- Even odds (or 'Evens') mean you win the same amount as your stake. In decimal form, this is 2.00. In fractional form, it is 1/1. In moneyline, it is +100 or -100.
- Total payout is your Stake ร Decimal Odds. If you bet $10 at 3.00 odds, your total payout is $30 ($20 profit plus your $10 stake back).
- It's largely due to historical tradition. Fractional odds are traditional in the UK and Ireland, Decimal odds are common in Europe, Australia, and Canada, and Moneyline odds are standard in the United States.