Odds Converter
Convert between American, Decimal, and Fractional odds
Enter Odds
Converted Odds
The mathematical chance based on these odds
Understanding Betting Odds Formats
American Odds
Most common in the US. Positive odds (+150) show profit on $100 bet. Negative odds (-150) show amount needed to win $100.
Decimal Odds
Popular in Europe and Australia. Shows total return per unit wagered. A 2.50 odds means $2.50 return for every $1 bet.
Fractional Odds
Traditional UK format. Shows profit relative to stake. 5/2 means $5 profit for every $2 wagered.
Why Implied Probability Matters
Implied probability helps you understand the true chances a sportsbook is giving an outcome. If you believe an outcome has a higher probability than implied by the odds, you may have found a value bet. This is the foundation of profitable sports betting.
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Our verified handicappers identify value opportunities across all sports.
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