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п»їFree Betting Odds Converter & Calculator.
Our sports betting odds calculator and converter will allow you to convert odds between different formats instantly. You will also be able to calculate your potential payout based on the odds and your bet amount immediately. Convert between US odds (moneyline odds), decimal odds, fractional odds, Hong Kong odds, Indonesian odds, Malay odds, and implied probability.
The converter and calculator is a valuable tool if you’re using a sportsbook that primarily utilizes odds in a format that you are not familiar with using. Most sportsbooks allow players to switch odds types, but this feature is not universal at all betting sites. Converting an unfamiliar sports betting odds format to one that you are familiar with can prevent you from making a sports betting mistake.
Safest Online Betting Sites 2021.
Betting Odds Converter & Calculator.
Inputs.
US Odds: Odds in US format (a negative number expresses the dollar amount that would need to be wagered in order to win $100, while a positive number expresses the dollar amount that would be won from a $100 wager) Decimal Odds: Odds in decimal format (expresses the amount that would be returned from a $1 bet *inclusive* of original stake) Fractional Odds: Odds in fractional format (expresses the fraction of a dollar that would be won from a $1 bet) Implied Probability: The win probability that would imply zero vig on the offered line Hong Kong Odds: Odds in Hong Kong format Indonesian Odds: Odds in Indonesian format Malay Odds: Odds in Malaysian format.
Placing Round Robin Bets? – Check Out Our Round Robin Calculator.
Decimal Odds In Sports Betting.
Decimal odds are the easiest to calculate compared to other odds types. Bettors just need to take their stake x odds to equal their payout amount. For instance, if you bet $100 at 2.0 decimal odds, you’d get $200 if your bet won, your $100 stake back, plus your profit of $100. Decimal odds are most popular in the mainland Europe, Australia, and Canada.
Fractional Odds In Betting On Sports.
Fractional odds are also known as UK odds and are the preferred odds format for the United Kingdom and Ireland. Fractional odds, work like, well, fractions. The denominator or the second number of the fraction represents the amount bet, and the first number represents how much the wager can yield. As an example, let’s say you take a team as a 3/1 underdog, your $100 wager would win you $300 if you won your bet. Unlike decimal odds, your stake isn’t added in when calculating your potential payout.
Implied Probability In Sports Betting.
Implied probability is the percentage chance of an outcome when it relates to betting odds. Calculating implied probability is a bit more complicated than understanding betting odds, but it’s something that is vital to success at sports betting. Check out our sports betting strategy section for a full breakdown of implied probability.
American Odds – Sports Betting.
Hong Kong Odds – Sports Betting.
Hong Kong odds are the preferred betting odds of Hong Kong and many Chinese speaking countries. Many point to Hong Kong odds as the easiest and most straightforward to understand regarding odds types. This makes sense because they’re quite similar to decimal odds. The basic formula for calculating HK odds is: Payout = Stake x (Odds). Say you place a $100 wager with HK odds of 2.20. You can take your stake and multiply by the HK odds, $100 x 2.20 to equal $220. The calculation is your potential profits. You still need to add in your stake to get $320 returned plus profits, counting $220 in winnings.
Indonesian Odds – Sports Betting.
Malaysian Odds – Sports Betting.
Football (soccer) betting is extremely popular in Malaysia. The country of over 31 million also has an odds preference. Malaysian odds are similar Indonesian odds and decimal odds. However, 1.0 is the probability of even money compared to 2.0 in decimal odds. The calculation for Malaysian odds is simple enough. Stake x Odds = Profit when the number is positive and Stake / Odds = Profits when the number is negative. So, if you bet $100 on 1.0 Malay odds, then you would stand to make $100 in profit if your bet won. A bet on -0.50 would result in $50 profit on a $100 wager.
Top Betting Sites For US Bettors.
Accepts Cryptocurrencies Accepts credit card deposits Timely payouts guarantees NBA, NFL, MLB bonuses year-round Generous deposit bonus up to $1000 Excellent software for desktop and mobile.
Why Bet At Mybookie?
MyBookie.ag is the top sportsbooks online. They have plenty of advantages over their competitors starting with a generous deposit bonus of 100% Up To $1,000 . The number of betting markets provided is so vast that Mybookie is the betting site that you can “truly bet on anything.” They offer free credit and debit card deposits. Deposits and withdrawals are also fast and free of charge if you’re using cryptocurrencies.
Accepts Litecoin and Bitcoin Credit card deposits accepted Excellent and timely payouts Competitive odds for NBA, NFL, MLB Sport-specific bonuses offered each season Large assortment of sports betting markets.
Why Is SportsBetting The Best?
When it comes to bonuses, payout options and speeds, and betting limits – SportsBetting.ag is one of the best sportsbooks online. They have a Welcome Bonus of 50% Up To $1,000 and also have a cryptocurrency bonus and life-time reload bonuses. SportsBetting’s wagering limits are among the highest for betting sites servicing Americans. Their payouts are fast, and they accept accounts from all 50 U.S. states.
More Free Calculators.
If you are on the lookout for more ways to use calculators to your advantage, then let me introduce you to our free no-vig calculator, which can be used to calculate no-vig odds and probabilities. It’s an excellent tool for comparing betting markets when line shopping.
Too many times bettors will make the mistake of merely seeing a slightly better price on a betting market as a +EV wager but don’t factor in the bookmaker’s vigorish. Don’t wait any longer, get the advantage you ned right now!
Betting Odds Calculator.
The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets.
Top Offers.
American Odds are the default odds at American sportsbooks. These odds are based on winning $100 for a given bet.
Betting a Favorite: The odds for favorites will have a minus (-) sign , and represent the money you need to risk to win $100 .
So if you're betting on the Packers at -140 against the Vikings, that means Green Bay is a slight favorite. You need to risk $140 to win $100 on the Packers. If they win, you profit $100 and get your original $140 back.
The rest of the world uses Decimal Odds , in part because it’s easier to convert them to implied probabilities than American Odds. Decimal odds represent the amount a bettor wins for every $1 wagered . And the number represents the total return , not just the profit like American and fractional odds.
The Packers would be 1.714 in decimal odds as a -140 favorite in American odds. For every $1 risked, you’re profiting 71.4 cents, plus your $1 back.
Fractional Odds are used primarily in the UK and Ireland. Few bettors use fractional odds for betting sports (other than horse racing), because the conversions to understand return are difficult.
To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10 * 2) / 5, which is $4.
Did you notice those percentages add up to more than 100%? That’s because of the vig, which is a sportsbook’s cut for facilitating your bet. To calculate implied probability, use the following formulas:
For negative numbers (favorites), drop the minus sign, then do:
For positive numbers (underdogs) :
The bet amount is how much you’re risking on a given bet. As a responsible bettor, it is important to understand proper bankroll management.
Sports Betting Odds.
NFL Odds & Betting Lines NBA Odds & Betting Lines College Football Odds & Betting Lines College Basketball Odds & Betting Lines MLB Odds & Betting Lines NHL Odds & Betting Lines.
Expert Picks.
NFL Picks & Analysis NBA Picks & Analysis College Football Picks & Analysis College Basketball Picks & Analysis MLB Picks & Analysis NHL Picks & Analysis.
Online Sports Betting News & Offers.
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Best Online Sportsbooks & Reviews.
DraftKings PointsBet BetMGM William Hill FanDuel Parx FOX Bet.
The Action Network.
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Copyright 2021 В© Action Network Inc, All Rights Reserved.
DISCLAIMER: This site is 100% for entertainment purposes only and does not involve real money betting.
If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER. This service is intended for adult users only.
How to Calculate Odds.
The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets.
Choose the amount of money you want to bet.
Choose the odds you have been given or would like to test.
Payout.
Your total payout with the current odds and stake.
$190.91.
Profit.
Decimal.
Implied Probability.
Fractional / UK.
How to Calculate Parlay Bet Odds.
A parlay bet is a single wager that requires two or more outcomes to all win. The parlay calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets.
Choose the amount of money you want to bet.
Type the odds you want to add and press enter or tab.
Payout.
Your total payout with the current odds and stake.
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