I am in the middle of creating a spreadsheet to calculate a value on decimal odds!! In simple terms. 2. For example, 9/12 = 9 ÷ 12 = 0. 🎯 Join our community of like-minded individuals and start your profitabl. 00 = 5/1 You may need to simplify the fraction like this more complicated example. 000, but you can still do a rough conversion in order to have a sense of the nearest fractional odds. 75 1. To convert decimal to fraction, follow the steps given below. Here, we explain how to read decimal, fraction, and moneyline odds. To Win $0. Analogous, betting odds of 2. g. Thus even odds 1/1 are quoted in decimal odds as 2. 7%. I am a Newbie so please let me know if I break any rules! I have spent an hour looking at how to convert decimals into horse racing fraction . 1. 8696 Malay Odds. 005 1. 1 - (100 / American odds) = decimal odds. Use our odds conversion table. g. For example, decimal odds of 3. Fractional odds will always be written using whole numbers. American Odds. For example, odds of 2/1 mean you will win £2 on a £1 wager if the bet is successful. Fractions can be converted into decimals by processing this division. 00 – 1. what i was doing is this. It is easy to convert to 10's feet. Divide the fractional odds, then add 1. Fractional odds are simply an alternative way of expressing the same odds ratio. Multiply the numerator and denominator by a power of ten to make the decimal a whole number. So instead of 1. If you bet $10, your winnings would be $6. 75 + 1. 5, which is the same as +450. I promised converting decimal odds to implied probabilities was easy. If you’re looking to find out what the payout for a bet is going to be, you simply take the decimal odds and multiply them by the amount you want to wager. If an event at odds of $5. To do this, you’d do the following calculations: 1/5 = 0. 75/1, or 11/4). 75/1, or 11/4). The decimal 0. Bet Amount. 44 is equal to 44%. Decimal odds show the amount of money the bettor will receive back multiplied by the original stake. Fractional odds are based on the amount of winnings you will receive for a certain stake. 00. Fractional odds allow you to calculate how much money you will be returned should your bet win. 5 in the above example). , if we have odds of 1:3, then we divide 1/3 by 4/3 which gives us a probability of 0. To convert decimal odds to fractional odds, you need to subtract 1 from the decimal and then convert it to a fraction. Basically, you must divide the fraction then add 1. The most common fractional and decimal equivalents are. 00 is the same as 4/1 fractional odds (which would also return $5 to you for a dollar bet: $4 profit + $1 stake returned). How do you convert decimal odds to fractional? Subtract 1 from the decimal representation e. 67%. 50 winnings = odds of 1/2. You can use the decimal and fraction chart above as a reference to quickly make conversions between decimals and fractions. 44 × 100 % = 44. Multiply by 100 to convert decimal number to percent. Convert odds between Fractional, American and Decimal format and see the implied odds at each. However, you’ll always need to convert the fraction into a decimal, dividing the numerator by the denominator. Step 1: Write down 0. 5%. Decimal point odds are based around the total payout - remember that this includes your original stake. How to convert decimal odds to fractional odds To convert decimal to fractional, subtract one from the decimal figure (so 2. For the British and Irish they are most familiar with fractional odds, which are displayed as 1/2, 1/1 (evens), 2/1, 100/1 and so on. Decimal odds are equivalent to the decimal value of the fractional odds, plus one. g. As you can see, it is not about any complex mathematics. 2. 1666667, which is 1/6. Under 1/1: divide -100 by the Fraction as a Decimal. Multiply both numerator and denominator by 10 (because there are 1 digits after the decimal point so that is 10 1 = 10). For example, with odds of 1. These are the 3 simple steps to convert any decimal into a fraction: Step 1: Place the decimal over 1 in the fraction format with the decimal in the numerator and 1 in the denominator like this: Decimal/1. 50, if you bet $100 and win, you'll receive $250 dollars - 2. 33% probability of occuring versus the 66. So instead of bookmakers displaying odds as 3. Therefore, according to the decimal odds of 5. For example, with odds of 1. Fractional odds express the net return (in fractional form) from a winning 1 unit bet. 00 profit (50% return). They are represented by a number with two decimal places. For a - sign, divide 100 by moneyline. There are various betting odds formats, and probably the most popular once are decimals (1. 50. 33. To convert odds to probability from decimal odds, you need to calculate 1 ÷ [decimal odds] x 100. For every $1 wagered, the bettor profits 71. Then simplify if necessary. PinnacleHow to Convert Fraction to Decimal in Excel: 2 Easy Approaches. That is, a $5 bet would net you $25. For example, decimal odds of 1. In engineering, fractions are widely used to describe the size of components such as pipes and bolts. Licence Number: MGA/CL3/454/2008 17th March 2015, Triq il-Kappillan Mifsud, St. 00. Decimal Odds = 5/3 + 1 = 1. 005 x 1000 1 x 1000. Latest version: 1. 4 cents plus the original stake of $1. The sum is performed by subtracting 1. The conversion from Decimal odds to Fractional is performed by removing 1 from the decimal price, converting the price to a fraction and then reducing that fraction to it’s simplest form. 0. To convert the decimal 1. 00) in total, which includes your original stake of £10 and £10 in profit. 0. Since the first number in the set of football odds is a decimal, you will actually convert the second number to a fraction as well. The first step to converting fractional odds to decimal odds is to make sure that you are using fractional odds! Fractional odds are represented as a fraction — hence the name. Along with fractional odds, decimal odds are commonly used in the UK. 00, you are left with decimal odds of 3. 90, so 19/10. If the fractional betting odds being offered are 2/1, then the decimal equivalent will be shown as 3. To convert fractional to negative American odds, you have to divide -100 by the value of fractional odds (e. So, 8 / 2 = 4 and 10 / 2 = 5. How to convert fractional odds to decimal? To convert fractional odds to a decimal, divide the probability by one minus the probability itself. Check out the implied probability of any odds. American odds are of course very popular at US sportsbooks. So, we deduct four from thirteen – this being the sum of adding 3. Probability is expressed as a decimal number in the range [0,1]. 1%. 5 the total returned is $35 ($10 * 3. Dutching Calculator- Odds changed since you placed your last bet? Use this calculator to determine the stakes necessary to guarantee a fixed. The complete answer for your enjoyment is below: 2 29/100. Then, divide that value by 1. 00 in decimal odds equals +200 in American odds) How to convert Hong Kong Odds to decimal odds. 125, or a repeating decimal; for example, 19/70 = 0. To turn it into a fraction, place the 4 over 10, to give 4/10. 25 or 25%. Here’s a. 00 – 1. Fractions Calculators. The team would win 5 out of 6 games and lose 1 of them. 3 to a fraction follow these steps: Step 1: Write down the number as a fraction of one:. %. Decimal Odds, 1. g. Positives. 5. Common Engineering Fraction to Decimal Conversions. 769 Fraction to Decimal Odds conversion. 25 or 25%. 03125: 0. This number is the ratio of the payout to the original stake. A positive value of +500 says you’ll win $500 for every $100 staked. 75 = . To convert fractionals to decimal odds, simply convert the fractional odds into decimal form and add 1. g. Converting Decimal Odds To Fractional Odds. To convert Decimal odds to fractions: Decimal Odds – 1. To Win $0. 5 gives a clear picture of how much is the radius of the circle. 0 16 10000 0 16 10000. Most bookmakers now use both fractional and decimal odds, but it’s fair to say the historic odds format is less popular than the new kid on the block. 30 and so on. 2 and a fraction of 1/5. The next step is to simplify this fraction and, to do that, we need to find the greatest common factor (GCF). Converting Fractional to American and Decimal You can convert fractional to decimal odds by adding +1 to the numerator and denominator. Moneyline = -100/(fraction value) Examples: 1/4: -100/(1/4) = -100/. 40/1. If you want to convert fractional odds to decimal odds, here’s. And there you have it! In just a few short steps we have figured out what 2. 00 = 5. To convert the decimal 1. Use our Fraction Odds to Decimal, American & Probability Converter. The 4/1 fractional odds discussed above are quoted as 5. In other words, odds of 1. 25. 6, the six is in the tenths. Convert Fraction in Text Format to Decimal in Excel. 5/2 to Decimal Odds. Converting Fractional Odds To Decimal Odds. Multiply by 100 to convert a number from decimal to percent then add a percent sign %. 33(3)%, meaning that the odds setter thinks the probability of the event the odds apply to has 33. a $1 wager on decimal odds of 1. For decimal odds between 1. They calculate the winnings only. 7% (or a one in 37) chance of winning. The numbers in a fractional odds listing will be divided by either a slash or a dash. So instead of bookmakers displaying odds as 3. 89 to 1. 00 and convert to a fraction, reducing to the simplest form. 0 to get a final value. The bottom number of the fraction shows how many times your stake will be divided to calculate your winnings: $1 stake divided by 2 = $0. If the fraction is smaller than 1, it is known as odds-on. In our case 5 is 1 digit long so we need to multiply the numerator and denominator by 10. Convert 3⁄5 to a decimal. Next, change the decimal to a percent. Decimal Odds Explained. 00, converting this to a fraction, and then reducing the fraction down to its simplest form. To convert a decimal to a fraction, place the decimal number over its place value. It is more of a standardized choice of odds representation. 25)) '1/4' >>> print Fraction (0. Beginning with fractional odds, these are typically used in the UK, and as their name denotes, they are displayed in fractions such as 3/1 or 5/3. A tool like our moneyline calculator can be crucial to a. If you see something like 7/2, this means if you bet £2, you will. 0625 = 0. For positive odds (+), you'll divide it by 100 to get your result, then reduce the fraction to the lowest possible. 5 in decimal odds) would have an implied probability of. Example: 0. 1. 500/ (600) = 5/6 * 100 = 83. Reduce if possible. 25) 1/4. While this conversion to -303. 3100/30 means £4. For example, if you. Using the same odds, if you place a £4 bet at fractional odds of 11/4 and your selection is. For example: 6. If the fraction is smaller than 1, it is known as odds-on. In this context, the numerator is the first number in the fraction and the denominator is the second number in the fraction. 0. ReplyTo convert a fraction to a decimal, you simply divide the numerator (the number left of the divider) by the denominator (the number right of the divider). For example: 6. 50 and the implied probability remains 66. Step 2: Multiply both the denominator and the numerator by 10 for every digit after the decimal point. This means a $100 bet would potentially win you. 21/5 is 1/5 1. 3 / 1 Step 2: Multiply both top and bottom by 10 for every number after the decimal point:. For Europeans the most common format is decimal, where a price such as 3. The number you enter can also have decimal places as in 3. Keep in mind a factor is just a number that divides into another number without any remainder. 5) = 15/2. 5 in decimal odds)? 1 / 2. (8. The 1 represents the returned stake which is included in the decimal odds but not in the fraction odds. . Enter in your bet amount and the odds below to see how much you would win and what your odds are in American, Fractional, and Decimal formats as well as the implied probability of winning. 0. 1. 15/8 = 2. 3435. A 3/5 favorite is equal to -167 in American odds and 1. –. 00: American = -100 / (decimal – 1) For decimal odds above 2. For example: 10/1 odds would be winning $10 for every $1 you bet. 17; The. 00 or . 15 for Indonesian/Hong Kong odds, and -0. 00 in decimal odds. Write it down. Example 1: Odds of 2/1, will be 2 divided by 1, which gives 2, then add 1 equals 3. 5, this is the equation: 4. This Probability and Odds Conversion Calculator can be employed for converting probabilities into odds or the other way around. Fraction. 59/2 means a £5. 5/1 = 5/2. Equivalent fraction for 1. On the Home tab, click the Dialog Box Launcher next to Number. Then, simplify the fraction by dividing both the numerator and denominator by their greatest common. In the above example, where the bookmaker offers odds of 49/50 on a coin toss, the odds are shown as a fraction. You then simplify the fraction by dividing both numbers by the largest common. E. Thus, ‘even odds’ 1/1 are quoted in decimal notation as 2. Enter the amount you want to bet, i. 3 / 1 Step 2: Multiply both top and bottom by 10 for every number after the decimal point:. The hardest thing in this conversion is to simplify the fraction, otherwise the operation is fairly trivial. Simply use the chart to convert your betting odds from Fractions to Decimals or Decimals to Fractions. 66. 3 = 13 / 10 = 1 3 / 10 as a fraction Step by Step Solution. Convert fractions to decimals and percentages, work with mixed numbers and improper fractions and solve for X in fractions equations using CalculatorSoup ® online fractions calculators. Bet Amount. PinnacleEach betting market had odds and these odds convert not only fractional to decimal odds but depending on the type of odds you can also convert from decimal odds to fraction odds and then convert to probability. 25), then multiply both this number and the stake by 100. First, express it as a fraction with base 10 times the number of significant figures to the right of the decimal point (or comma). 00 ; For example converting fractional odds of 11/4 into decimal odds the sum is: 11 ÷ 4 = 2. 00 price represents an EVEN line and that’s equivalent to +100 American odds and a 1/1 Fractional line. 5) = 15/2. To Pay $0. The 1 represents the returned stake which is included in the decimal odds but not in the fraction odds. 000 (Decimal) and result in implied probability of 33. 5 mean, for every $1 you invest, you win $1. ; Step 3-Remove the decimal point. com. 1; The fractional odds of 1-9 in decimals is 1. This implied probability translates to 3. 2. That's it! The decimal odds equivalent of 1/2 fractional odds is 1. To do this, count how many numbers there are after the decimal point. 0. . Here is the formula for converting Decimal odds to American: For Decimal odds of 2. For example, decimal odds of 3. 20, fractional odds of 2/6, moneyline odds of -400, and an implied probability of 73. For example, 11/4 is 11 divided by. 00. 6 Answers. To get this you just need to tick the "Display fractional odds on mouse-over" box which is located under more options and then odds options. Enter in your bet amount and the odds below to see how much you would win and what your odds are in American, Fractional, and Decimal formats as well as the implied probability of winning. 1/2. Multiply your wager by the figures above and add the product on top of your original wager to get the final returns. 5 minus the $10 stake). Simplify the fraction, divide top and bottom number by 2. 0 would return 11. 35 x 100 1 x 100 = 235 100. American odds = – (decimal odds – 1) x 100 / (decimal odds – 1) For example, if the decimal odds are 3. Method 1: Convert a Fraction to Decimal Using a Calculator. Part of the series: Math Help. 5. Decimal to Fractional: Decimal = fractional + 1 (expressed as a decimal number, e. 00 in decimal odds, which is shown by the odds converter. 75, then the fractional odds are 7/4 and the american odds are 175. 0, and then find the nearest whole integers (e. The opposite math is true for positive odds:Converting from fractional odds to decimal odds. First, count how many places are to the right of the decimal. 80. 53. View all Convert any sports betting odd with this clear & easy to read odds conversion table with decimal, fractional & US odds, as well as probability. You win £3. 0), which is used in the UK and around Europe. Decimal odds are equivalent to the decimal value of the fractional odds plus one. In this format, the odds are expressed. 0. 80 = 4 / 5. 5 in decimal odds. So, think of decimal odds in monetary terms. Convert your decimal, fractional and moneyline betting odds using our odds converter tool. g. Enter the Decimal odds, American odds or Fractional odds. 50 in decimal odds. The Oilers have odds of 2. Then we need to multiply both numerator and denominator with the multiples of 10, to remove decimal (. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. 5% or 0. If you’re ever in a situation where you need to convert fractional odds to decimal, all you need to do is divide your fraction. Under 1/1: Divide -100 by the Fraction as a Decimal. To achieve the same, multiply the numerator and denominator by the same number. I'm no maths expert, but decimal -> fraction is difficult(!). Just subtract 1. To convert decimal odds to fractional, subtract 1. 20) + 1 = 2. 888 (e) 0. Fractional odds of 1/2 equal 1. 00-1=2. Try betting £100 at 3/100 or 1. Fractional Odds: 2/5; American Odds: (-100 / 1) / (2 / 5) = -250; Use our Fraction Odds to Decimal, American & Probability Converter. Winning > wager: the percentage of the winning related to the wager. It is. ) Conversely, a positive number (for instance, +140) means that this would be your profit on a successful $100 wager. Well, let’s talk about how it works to learn more. TIP: Did you know that most online bookmakers allow you to select either the traditional Fractional odds or the Decimal equivalent when viewing their available books. 30 and so on. Step-by-Step Conversion from Fractional Odds to Decimal. E. 4 – 1 = 0. Betting odds calculator allows you to insert your odds and automatically convert them to American, Decimal, and Fractional odds. I tried writing an algorithm to simplify a decimal to a fraction and realized it wasn't too simple. Decimal to Fractional OddsDecimal odds display the total payout from a winning bet, including the original stake. Find the equivalent fraction for 3⁄5 by multiplying the numerator and denominator by 2. If the American odds are positive, you would divide by 100 and add 1. If you are more comfortable with Fractional odds you can convert Decimal odds by reversing the formula above: Decimal odds -1 and converted into a fraction = Fractional odds. Enter the amount you want to bet, i. 2, the corresponding fraction can be calculated by using this algorithm. 0 as fractional odds would be 5/1. They’re often referred to as “Moneyline” odds or “lines”. 5 times their original stake. Converting Fractional Odds to Decimal. 6, you can do the same with a decimal. How To Convert Decimal Odds To Fractional. A betting odds calculator to help you convert American, Decimal and Fraction odds & playouts. 1/33 is - perhaps you may claim splitting hairs - but a decimal odds of 1. Here are the equivalents of your examples: 1 / 10 = 11/10 = 1. 3333333 (this is 10/3 in fractional), a £/€ 10 bet would return £/€ 43. , -100 divided by 1/5 equals -500). Fractional Odds: It is used mainly in the United Kingdom and Ireland. Fractional Odds. This means positioning the decimal number as the numerator and. Joker365. 25 + 1 = 2. 5 – 1 = 7. In decimal odds, these are 2. The implied probability for these odds is 33. 714 in decimal odds as a -140 favorite in American odds.