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The odds probability calculator can help you convert winning odds to winning probability and odds for winning to their lowest ratio. It will reduce the odds against winning to their lowest ratio and convert the odds against to the probability of losing.
Oct 8, 2023 · Convert odds into probability and percent chance of winning and losing. This calculator converts odds for winning or odds against winning into percentage chance for winning or losing. It also calculates the fractional odds.
Jan 18, 2024 · How to calculate odds. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. The team would win 5 out of 6 games and lose 1 of them. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83.33%, and of losing 1/6 = 16.67%.
Use the AllStar’s betting odds conversion table and betting odds conversion calculator below to quickly switch from one odds format to another. Choose your preferred format between American to decimal conversion, fraction to decimal conversion, convert probability to odds and more.
- There are different ways that sportsbook can display their odds on an event. In the US, it is common to see American odds. In American odds, the fa...
- Outside of the US, the standard way to display odds is in Decimal format. As newcomers to betting, it's usually considered easier to read Decimal o...
- Oddsmakers at sportsbooks around the globe decide on what price to set odds at based on their estimated probability of any given outcome. This impl...
- Use the table below for a quick reference of popular betting lines. FractionalDecimalAmerican OddsImplied Probability1/51.20-50083.3%2/91.22-45081....
Our betting odds calculator is perfect for showing you how to calculate potential winnings for all types of sports bets. It indicates how much you'd win based on the odds and total wagered. That way, you’ll know the exact amount you'd win before placing any picks from your favorite sportsbook.
Aug 15, 2023 · Our betting odds calculator can show you your expected payout based on your bet amount and odds, as well as what your odds are in other formats and your implied probability of winning.
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Use this bet calculator to easily calculate and convert between american odds (moneyline odds), decimal odds, fractional odds, and implied odds. Calculate the implied probability given odds and determine the payout and potential winnings from a bet.
