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Ratio

Format: Numerator/Denominator

Dec

Total Payout per Unit

Moneyline

Positive or Negative Integer

0.00%

Profit Simulator

Total Payout $0.00
Net Profit $0.00
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About

This tool provides a professional-grade interface for converting between the three dominant betting odds formats: Fractional (UK/Ireland), Decimal (Europe/Australia/Canada), and American (US Moneyline). Unlike simple lookup tables, this calculator uses precise floating-point logic to determine the Implied Probability and Return on Investment.

Accurate odds conversion is critical for arbitrage betting and risk management. A misunderstanding of odds formats can lead to incorrect stake sizing and significant financial variance. This tool assumes standard bookmaker rules where the stake is returned in the payout for Fractional and Decimal formats.

betting odds odds converter fractional odds decimal odds probability calculator

Formulas

1. Fractional to Decimal

Oddsdec = NumeratorDenominator + 1

Where Numerator represents the potential profit and Denominator represents the stake required.


2. Implied Probability

P = 1Oddsdec × 100%

Reference Data

FractionalDecimalAmericanProbability
1/41.25-40080.0%
1/21.50-20066.7%
1/1 (Evens)2.00+10050.0%
6/52.20+12045.5%
6/42.50+15040.0%
2/13.00+20033.3%
5/23.50+25028.6%
3/14.00+30025.0%
4/15.00+40020.0%
10/111.00+10009.1%
100/1101.00+100001.0%

Frequently Asked Questions

Decimal odds represent the total payout rather than just the profit. A decimal odd of 3.00 means for every $1 bet, you receive $3 back ($2 profit + $1 stake). Fractional odds (2/1) only display the profit.
For Decimal odds of 2.00 or higher: (Decimal - 1) × 100. For Decimal odds less than 2.00: -100 / (Decimal - 1).
Implied Probability is the percentage chance of winning suggested by the odds. If the probability is greater than your estimated real-world probability, the bet holds "value".
Negative American odds (e.g., -150) indicate how much you must bet to win $100. Positive odds (e.g., +150) indicate how much you win on a $100 bet.