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Odds converter

Type odds in any format and the other boxes update on their own: decimal, fractional, American and the implied probability behind the price.

How it works

US sportsbooks quote American (moneyline) odds, while European and British sites use decimal and fractional prices. This converter translates between all of them in one step.

Decimal: includes your stake. At 2.50, every unit staked returns 2.50 in total, a 1.50 profit.

Fractional: shows profit relative to stake only. 3/2 means you win 3 for every 2 staked; 1/1 is evens.

American: a + number is the profit on a 100 stake; a − number is what you must stake to win 100. The minus sign marks the favorite.

Implied probability: the chance the price represents, before removing the bookmaker’s margin.

Formulas

  • Decimal = fractional + 1 (3/2 → 1.5 + 1 = 2.50)
  • American, if decimal ≥ 2: + (decimal − 1) × 100
  • American, if decimal < 2: − 100 ÷ (decimal − 1)
  • Decimal from American: +A → A ÷ 100 + 1; −A → 100 ÷ A + 1
  • Implied probability = 1 ÷ decimal × 100

Worked example

A +150 moneyline is 2.50 in decimal, 3/2 fractional and an implied probability of 40.00%. A $100.00 bet returns $250.00 ($150.00 profit). A −125 favorite is 1.80 in decimal, 4/5 fractional and 55.56%: you stake 125 to win 100.

FAQ

Which odds format pays more?

None. Decimal, fractional and American odds express the same price in different notation; the payout depends on the price, not the format.

What does a negative moneyline mean?

It marks the favorite. At −200 you stake 200 to win 100, which is 1.50 in decimal and 1/2 in fractional.

What are evens, 2.00 or +100?

The same price in three formats: you win the same amount you stake, and the implied probability is 50%.

Is implied probability the real probability?

No. It includes the bookmaker’s margin, which is why the outcomes of a market add up to more than 100%. The implied probability calculator strips that margin out.

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