Betting Odds Converter
The ultimate arbitrage and handicapping tool. Convert 6 global odds formats, calculate implied probability, removing bookmaker vigorish, and analyze ROI instantly.
About
In high-frequency sports trading and arbitrage, milliseconds matter. This tool is engineered for professional handicappers who operate across global markets. It eliminates the friction of mental math by normalizing disparate pricing models - American Moneyline, European Decimal, UK Fractional, and Asian formats (Hong Kong, Indonesian, Malay) - into a single, actionable risk profile.
Accuracy is paramount when calculating Expected Value (EV). A rounding error of 0.01 in decimal odds can significantly skew long-term ROI projections. This engine uses double-precision floating-point logic to ensure exact conversions. Furthermore, it visualizes the Implied Probability required to break even, acting as a reality check against your own predictive models. If the market implies a 60% win rate but your model predicts 55%, the calculator instantly flags the negative variance.
Formulas
The foundation of all betting mathematics is the conversion to a probability percentage. Once normalized, any format can be derived. The base unit for calculation is Decimal (d).
1. Implied Probability (P):
P = 1d
2. American (a) to Decimal (d):
3. Indonesian (i) to Decimal:
Indonesian odds are simply American odds divided by 100.
d = convert_american(i × 100)
4. Malay (m) to Decimal:
Reference Data
| Probability | Decimal (EU) | American (US) | Fractional (UK) | Hong Kong | Indonesian | Malay |
|---|---|---|---|---|---|---|
| 90.91% | 1.10 | -1000 | 110 | 0.10 | -10.00 | 0.10 |
| 75.00% | 1.33 | -300 | 13 | 0.33 | -3.00 | 0.33 |
| 66.67% | 1.50 | -200 | 12 | 0.50 | -2.00 | 0.50 |
| 52.38% | 1.91 | -110 | 1011 | 0.91 | -1.10 | 0.91 |
| 50.00% | 2.00 | +100 | 11 | 1.00 | 1.00 | 1.00 |
| 40.00% | 2.50 | +150 | 32 | 1.50 | 1.50 | -0.67 |
| 33.33% | 3.00 | +200 | 21 | 2.00 | 2.00 | -0.50 |
| 20.00% | 5.00 | +400 | 41 | 4.00 | 4.00 | -0.25 |
| 9.09% | 11.00 | +1000 | 101 | 10.00 | 10.00 | -0.10 |