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Convert american betting odds to decimal football betting documentary

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Decimal vs American Odds


Convert odds between American, Decimal, and Fractional format using simple odds conversion formulas. Or, skip the math and use the odds converter instead! Remove 1 from the decimal and convert to a fraction, then reduce to simplest form decimal-1 - convert to fraction.

To convert a decimal of or higher moneyline decimal 1 Examples 1 1 + 1 + To convert a decimal of less than. It is vital to know how to convert different betting odds so that you can play with a variety of bookmakers worldwide.

In the United States of America, American odds are used, across Europe, Decimal odds are used. Fractional odds are a more traditional method that is mostly used in horse racing.

Here is a step by step guide on how to convert the different odds types Decimal to Fractional conversion Let’s use a decimal odd as an example Remove 1 from the decimal odd and convert it to a fraction.

1 75 Reduce the fraction to the s. We use decimal odds when matched betting because of the high level of accuracy offered and that the exchanges have decimal odds as their default setting. This means that, whenever the matched betting calculator is used, decimal odds for both the bookie and the exchange must be input. To convert fractional odds to decimal, divide the first figure by the second figure and then add To convert decimal odds to fractional, subtract and convert to a fraction, reducing to the simplest form.

The other way of displaying bookmaker prices are American odds. Unsurprisingly, this is the presentation style in the US. Converting fractional to decimal odds. So how do you convert betting odds? Converting between different odds formats may be something you need to do, so we’ll look at how you can do that below. There are a number of ways you can convert betting odds. One way is to use a special odds converting website like Odds Converter or Ace Odds.

American odds are quite rare and you’ll usually only find them in America, although most UK bookmakers allow you to display your odds in the American format. As I mentioned earlier, American odds work by showing you the profit you’d make by wagering or the required wager it would take to win This depends on whether a positive or negative sign is shown before the value. Being able to convert fractional, percentage and American betting odds into decimal odds is vital when comparing prices quickly across online bookmakers and exchanges.

Betting sites offer a number of different odds formats. It’s vital, however, to understand that regardless of the odds format presented, the probability is always the same. It is fundamental to understand how to convert betting odds, but our odds converter conveniently calculates it for you as well.

How to use the odds converter. Enter the odds in the relevant field you would like to convert. Our odds converter will then convert into all other formats. The underlying system on the Smarkets exchange matches. Instantly convert betting odds in any format.

Supports decimals, fractions, American odds. The tool will also tell you how likely the event is to occur to help you know what your chances of winning are. Plus when you're away from a computer or mobile, learn how to manually convert the odds formats with simple maths. To use the converter, just enter a value into any field.

It will automatically convert the odds into all of the other formats. In addition to the calculator, the following resources on this page will help you Contents. How to Convert Fraction Odds to Decimals. How To Convert Decimal Odds To Fractional. How to Work Out Implied Probability From Fractional Odds. The most common odds formats are the Decimal and the American odds.

If you have been betting with European bookmakers, you are most likely used to Decimal odds. Before diving into the nitty-gritty of how to convert Decimal into American odds, though, there is one point that we need to clarify first. A key difference between Decimal and American odds also known as money line odds or simply lines is that the US odds are quoted both in positive and negative numbers, which means that there are two formulas we need to make use of depending on whether the Decimal odds are greater or less than.

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To use the converter simply input the odds in the format of your choosing and the different conversions will appear in the Betting Odds Converter as you type. If you experience any difficulties try refreshing the page. There are three common methods of presenting odds that most bookmakers support.

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Implied Probability is also useful when evaluating a bet. Decimals quote the potential return should the bet win, relative to the stake. For example if 10 is bet at odds of the total returned is 30 10 3 the potential profit is 20 10 x 3 minus the 10 stake.

Positive figures The odds state the winnings on a bet e.g. American odds of + would win on a bet. How to Read Sports Betting Odds American, Fractional, and Decimal Odds - Math Easy Solutions 7 Math Antics - Converting Base Fractions - mathantics Recommended for you. What Is The Best Sports Betting Strategy?. Convert American to Decimal and Fractional odds. Fractional and Decimal odds table. Disclaimer You bet on your own responsibility, so please use information on this site as reference only, final decisions about any bets you place is on you.

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Betting Odds Explained If you have only ever bet with UK bookies then the only odds format you might be familiar with are fractional odds. Modern betting, especially online, is however now a global affair and depending on who you bet with it is now c American Odds - positive odds are simply multiples of Z x, negative odds are division of Z.

This format is most familiar in the UK and Ireland and continues represents the most common format. At the end of the day if we haven't given up miles, yards, feet and inches yet in the UK so it will be a long time until we switch to decimal odds as default. Think of a betting shop window, have you ever seen anything but fractions. To convert decimal odds to fractions Decimal Odds -, and then find the nearest whole integers e.g. American odds are of course very popular at US bookmakers.

They’re often called money line or lines.

Importantly, the odds are different for underdogs and favourites. It’s represented in units of If the odds are lower than evens decimal, then American odds are negative and it shows how much money must be wagered to win If the odds are higher than evens decimal, then American odds are positive and it shows how much money.

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The odds converter tool offers the easiest way to change between different odds format used in bookmakers and different betting sites, such as Fractional, Decimal and American and even the likes of Hong Kong, Indonesian and Malay odds. By utilizing our odds converter you will be able to convert sports betting odds in an instant, and on top of that we are listing the most popular upcoming events for different sports with the highest odds available, from the most reputable sportsbooks online, which you can check in a format of your choice.

How to use Decimal odds are the most widely used format. Their alternate name is European odds, default type for almost all European countries as well as Canada and Australia. Betting 1 on American Odds would return Convert Fractional Odds to Decimal Odds.

There is no difference between decimal and fractional odds. To convert 52 fractional odds to decimal odds 52 + 1 decimal odds.

Probability in Sports Betting. Now we want to see what those odds mean in terms of probability. The implied probability is a conversion of odds into a percentage and eliminates the bookmaker edge to express true odds of an event occurring. If you believe the chance of a bet winning is higher than its implied probability, then you believe the bet is good.

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Free odds converter to convert fractions, decimal, American moneyline odds. Easy to use odds conversion calculator for Bet Sharks. A great odds conversion tool for betting online. An essential odds conversion tool for those serious about betting on all sports, the odds conversion calculator is pretty straight forward to use, full instructions are below if needed.

How to use the Odds Converter Tool. We have made the conversion of odds on this calculator as easy as possible.

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Only 2 steps to follow and you have converted the odds you need. Simply enter the odds you have in the relevant box either fractions, decimal or American Moneyline. Hit convert to see the odds in all formats. Different Kinds of Odds Explained. Welcome to our Odds Converter page.

Here, we provide you with useful information when it comes to understanding the difference between decimal, fractional and American odds. Please use the below chart to convert odds between decimal, fractional and American prices according to your betting needs. Please note that decimal, 1110 fractional and + American are all the same odds but just expressed differently.

Most bookmakers and operators offer odds in a decimal and fractional format and it’s easy to change between the two according to your betting needs. Convert betting odds to and from Decimal, Fractional, US Moneyline, Malay, Hong Kong, and Indonesian easily using our free online betting odds converter.

Any decimal odds that are less than indicated that the selection has a more than 50 chance of success, as the outlay is greater than the return. For instance, a bet of 50 on a chance would return 80 50 stake + 30 profit. Fractional odds have been the choice in the UK for centuries.

They are still used today on racecourses, football coupons and betting adverts. To a beginner, fractional odds may seem a little more difficult to grasp that decimal odds. Examples of fractional odds include 74, 41, 52 and 114. In order to obtain the multiplier’, the top number.

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Odds Converter - Convert Betting Odds. Enter the odds in any format and click Convert. Fractional Odds Traditional UK. To convert decimal odds to fractional, subtract and then find the nearest whole integers so - becomes 1, or 114. To convert moneyline odds to decimal, if the moneyline is positive, divide by and add 1.

If it is negative, divide by the moneyline amount without the minus sign and add 1. To convert fractional odds to decimal, divide the first figure by the second figure ad. When it comes to American odds, an even bet is displayed as + 2 in decimal odds. Now, let us explain the betting odds to you so that the next time you are at a sportsbook, you will know what you are doing.

One of the purposes of odds in sports betting is to show how likely a particular outcome is to occur. If the outcome is very likely to happen, the odds are as low as they can be, and vice versa.

You are probably wondering how to convert odds so that you can use them in your desired odds format in case they are displayed in a format you are not well acquainted with. You do not have to make complicated calculations. You can simply use different odds converter sites, which automatically convert the desired number into the format you wish. How to Calculate Betting Odds.

One of the big aspects of understanding the odds which you see at a bookmaker is knowing what they actually mean in terms of probability. The odds that are presented, are calculated by the bookmaker in relation to what the bookmaker thinks the chances of a certain outcome of a sporting event happening is. For example, a UEFA Champions League match between Liverpool and PSG read Liverpool 65, Draw 135 and PSG 21. The most common form of odds are going to be decimal odds in the UK and here is how to convert decimal odds to probability.

These are clear odds to read and for example the 65 odds on Liverpool from the example above means that for every 5 units you put on, you will receive 6 back as a profit. Decimal odds aka European odds, digital odds, or continental odds are popular in continental Europe, Australia, New Zealand, and Canada. These are a bit easier to understand and work with. The favorites and underdogs can be spotted instantaneously by looking at the numbers.

The decimal odds number represents the amount one wins for every 1 wagered. For decimal odds, the number represents the total return, rather than the profit. In other words, your stake is already included in the decimal number no need to add back your stake, which makes its total return calculation easier. The total p American odds aka moneyline odds or US odds are popular in the United States.

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Is it possible to convert American odds into Decimal odds and vice versa? Online calculators and special tables. Despite the fact that the general betting principles are the same everywhere, there are some regional peculiarities that distinguish gambling in the USA, for instance, from that in Europe, and the most visible peculiarity is represented by odds format. The given article will describe the difference between the most popular formats in the industry that are represented by odds under consideration.

From the name, it should be clear that American odds are applied by the oddsmakers within the USA, while Decimal ones can be found when you deal with European bookmakers. Traditionally bookmakers have always expressed betting odds as a fraction, representing the amount you'd win on your bet if your horse wins the race.

So for example if you placed a 10 bet at odds of 21 you'd win 20, plus you'd get your stake back, giving a total return of With the advent of betting exchanges it's become more and more popular to express odds as a decimal number. This enables the exchanges to provide much smaller increments in odds than is possible using fractions.

When odds are expressed as decimals the value is the actual amount you.

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American to Decimal odds conversion. Use our simple odds conversion chart. Depending on which part of the world you are from, you are likely to be comfortable seeing odds in a certain format. If you have been betting with European bookmakers, you are most likely used to Decimal odds.

Before diving into the nitty-gritty of how to convert Decimal into American odds, though, there is one point that we need to clarify first.

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A key difference between Decimal and American odds also known as money line odds or simply lines is that the US odds are quoted both in positive and negative numbers, which means that there are two formulas we need to make use of depending on whether the Decimal odds are greater or less than, resulting in positive or negative US odds. This odds converter calculates implied probability and can convert odds between american, decimal, faction, indonesian, hong kong, and malay formats.

Most all betting sites support multiple odds formats. Using either the account settings feature or a simple drop down box, you can change the format displayed. What happens here is the betting site’s software will convert the odds between formats keeping the same implied probability.

Understand the payout on monetary amount risked is the same no matter what odds format is used. The difference between formats is more a language issue. Betting developed various places of the world independently long before online betting existed, thus creating multiple formats. Being able to use an odds converter can be crucial to successful betting.

If you do not understand what betting odds represent and how to convert odds, you're diminishing your ability for cross-market comparisons to make smart bets. For example, if we enter American odds of, the odds converter will instantly convert these odds into both decimal and fractional formats while displaying the implied probability of those odds. In our next article, you can calculate how much money a bet will make you.

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When it comes to gambling, you won’t be able to find two more essential concepts than odds and probability. They are what makes the entire thing work. Odds are used to calculate both the payout a gambler can expect to receive from a winning wager and the implied odds of an outcome happening. They are decimal, fractional, and moneyline or American.

No matter what odds format you use, these three types of odds all represent the same thing. In fact, it is easy to convert one format to another, as you will see further down this guide.

Decimal odds are the favorite way to express betting lines in Europe.

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They are the most straightforward method of communicating odds. The decimal value is the amount that will be returned per each dollar bet. You can convert between Decimal, Fractional, and American odds using BettingPremier’s simple odds converter calculator.

You can also convert to and from Implied Probability. Just enter a value in any one of the fields and the value will be automatically converted to other formats. Betting Odds Conversion Table. How to convert from Decimals odds? Consider an example A betting site has fixed decimal odds of for Lazio to win over Empoli. Find the conversion of the Decimal Odds to its other formats with the formulas and explanations below. Converting Decimal odds to Fractional odds.

The decimal format is the most common format used by the bookmakers. Free Sports Betting Odds Calculator Convert Sports Betting Odds American, Fractional Decimal Odds Easy To Use Understand.

A betting odds calculator and converter multiplies the stake by the odds to determine the potential profit on your sports betting wagers. Simply enter your stakes and odds, and our tools will tell you how much profit you should expect to receive using American, fractional or decimal odds.

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You can convert any odds format to another with USAbetting’s Change Odds Format Calculator. For instance, change American odds to their fractional and decimal versions. It will also settle your bets. Try it out with our odds converter and bet calculator below, just input the odds you want to change How To Use The Odds Converter. Simply input a figure in any of the fields above, click submit and the rest of the form will populate.

Here is a guide to what each part of the calculator means American Odds Moneyline Odds US Odds These are the odds that you most likely see on the type of Ameri.

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Decimal odds are the standard and most popular method for specifying odds across the globe, particularly in Europe, Canada and Australia. As such, Decimal odds can also be called European Odds or Continental Odds. Best Sports Betting Sites February up to Decimal odds show the total amount you will get back if your bet wins for every 1 unit you stake. Unlike other types of odds, decimal odds always include the initial stake in the return rather than just the profit.

If 1 unit is, then you would get back if the decimal odds were on offer at This return would be made up of profit and initial stake. With decimal odds, is seen as evens.

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This calculator converts odds formats between decimalEuropean, fractional, moneylineAmerican, Hong Kong, Indonesian and Malay formats. The associated implied probability is also calculated. To use the calculator, simply input the odds in the format of your choosing and press Convert.

If you experience any difficulties try refreshing the page. Decimal odds represent the total return from a winning 1 unit bet. A winning 10 bet at decimal odds would return for a profit 50 return. Fractional odds express the net return in fractional form from a winning 1 unit bet. A winning 10 bet at 12 fractional odds would return for a profit 50 return.

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This tool converts odds between decimal, fractional, american, Hong Kong, Indonesian and Malay formats and calculates the associated implied probability. Find all the mathematical formulas to manually convert odds in all the formats. Get your odds with a single click! How to use odds converter tool. Decimal odds are the modern standard in the online betting industry. Basically, you multiply your stake by the decimal shown and the answer is how much you'll receive in winnings - including your stake.

If you have odds of and stake 1, you'll receive 4 in winnings including your returned stake. Odds displayed as fractions show how much you will win on a bet compared to how much you put on it.

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Ultimate guide on how football betting odds work. Calculate your profits on decimal, fractional other odds, convert odds types and learn to read odds. American punters are mostly familiar with these odds, despite the fact that nowadays online betting is not allowed within US borders. They are theoretically split into positive and negative odds, as each number is preceded by a +- sign.

Negative odds generally represent favorites, with higher odds indicating extremely strong ones. What they do, is demonstrate how much money you must stake in order to win In order to convert decimal odds to US ones, you need to follow a simple trick. Simply subtract from your European odds and multiply them with American Odds European odds - 1 x.

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The American betting odds are completely different from the decimal and fractional odds. One of the first changes happen in the nomenclatures, as these are often referred to as the money lines. Every wager is considered to have a stake, and the task of the odds is to convey the returns on a positive or negative outcome.

The positive sign on money line signifies how much profit will be returned on a stake, while the negative sign implies the quantity of wager required to come up with a profit. The probability of an event can be easily calculated through the fractional odds one can also convert decimal odds to fraction for the same purpose.

If the fraction is AB, then probability percentage can be calculated using the formula Ba+b.

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Our sports betting odds calculator and converter will allow you to convert odds between different formats instantly. You will also be able to calculate your potential payout based on the odds and your bet amount immediately. Convert between US odds moneyline odds, decimal odds, fractional odds, Hong Kong odds, Indonesian odds, Malay odds, and implied probability.

The converter and calculator is a valuable tool if you’re using a sportsbook that primarily utilizes odds in a format that you are not familiar with using. Indonesian odds are close to moneyline or American odds, but they’re in decimal format. A bet in Indonesian odds would mean that the bettor must wager to win It’s the same as a bet in American odds.

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Convert betting odds from fractional to decimal using our powerful tool. See the odds in our tables or use the odds converter tool. Betting odds and starting prices offered by the bookmakers can be displayed in three different ways.

These are fractional, decimal and moneyline also known as American odds. Most UK and Ireland bookmakers display fractional odds, e.g 13, 12, 21, 101, 11 evens etc. With origins in horse racing fractional odds are by far the most dominant format to express prices in the UK Ireland. However British and Irish punters are also beginning to become more familiar with decimal odds over time.

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Convert betting odds easily with our odds calculator see how much you can win based on your stake. Works for American, decimal, fractional implied odds! At WSN, we have created a simple-to-use and free betting odds calculator and converter that lets you convert American, decimal, fractional, and implied odds. It also shows you how much you can win when you bet on specific odds, in whichever format you choose to enter them.

How to Use the Sports Betting Odds Calculator and Converter. To convert between different odds formats and calculate your payout, simply follow these 2 easy steps.

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How to use decimal odds to calculate the profit that a bookmaker has factored into a particular market the overround, how to convert old-style fractional odds into decimal odds format and how to use decimal odds to help you take a dutching approach to profitable betting.

In a nutshell, decimal odds are simply decimal numbers that give a person who wants to place a bet a precise idea of how profitable the bet would be if it succeeded. Because knowing how profitable a wager is likely to be is essential to anyone who likes to place a bet, decimal odds are vital to the modern world of betting.

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Our odds converter tool reveals the mystery behind some odds types that you aren't used to or just don't recognise at all! Simply enter the odds you know and the others will appear like magic. You also get the probability as a percentage.

Please hard refresh if nothing appears. We will send you newsletters of new features, free tips, cash prize competitions, and keeping you updated in general without spamming you with offers constantly like other sites do. We will never share your email address. You must be over 18 to use this website.

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Fractional odds are preferred by most bookmakers in Great Britain and Ireland. They are written as mathematical fractions such as 25 45 etc. The odds can make or break your stake. To calculate the probability of fractional odds, use a conversion formula which divides the denominator by the denominator + numerator. With 52 odds, your formula would look like this 2 5 + 2 to give an implied probability of 27 which you can divide to get a decimal solution of, and times for odds.

Decimal odds are calculated by dividing 1 by the decimal odds. If you want to convert your probability into decimal odds, remember this quick formula Decimal odds implied probability. A 75 probability means that your equation is 75.

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For decimal odds greater than or equal to 2, American odds decimal odds 1 x[x !filmworkz.usx] !filmworkz.usx] - 1 For decimal odds less than 2, American odds decimal odds - 1. Odds - c"", "", "", "", "", "", NA, "".

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Decimal odds are commonly found on betting exchanges such as Betfair and they provide a simple way for bettors to calculate their betting returns. Although the majority of bookmakers betting websites will offer their users the opportunity to use decimal odds as their default option, the majority of online UK betting sites will automatically use fractional odds on the majority of their sports betting markets.

They offer a far simpler way of calculating your returns and your stake will always be included in your returns. This can subsequently be converted into American odds. In NBA, the points spread will be set by the bookmaker and is often based on recent form and head-to-heads.

Most bookies will make the points spread market a 5050 outcome and each +- points will be.

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Odds Notation Decimal Odds, Fractional Odds and American Odds. You will notice that odds are sometimes displayed differently. We will explain the main odds notations you will see at various sports books. Often sports betting sites will allow for punters to choose the way the odds are displayed. Just keep in mind that they are ultimately displaying the same odds, just in a different way.

Betting Example If you bet on + American odds and won. You would win’ and get your initial investment of back for a total payout of Let’s say you bet 50 on the same + American odds and won. In this case you would win in profit, plus your initial investment of 50 for a total payout of If you bet on odds, in order to win, you would need to bet.

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Odds Converter - Convert Betting Odds. Enter the odds in any format and click Convert. Fractional Odds Decimal Odds Moneyline Odds Traditional UK. You can also convert odds in a small pop-up window for easy browsing.

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Decimal odds are also referred to as European odds and these are popular at betting sites located in Europe, Canada, and Australia. These odds are easier to understand as you can quickly spot the favorite and the underdog just by looking at the presented odds.

The decimal odds amount will indicate how much you will win for every 1 that is wagered and returns will be a total return instead of the profit. The best sportsbooks online will automatically convert your odds to your preferred format, but if you are comparing odds at different sites, a calculator can be quite beneficial. With a betting odds calculator, you will enter your bet amount and your chosen odds format.

The calculator will then calculate the payout for the bet that is being placed.

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Convert American Odds to Decimal Odds. For negativefavorite odds the formula is decimal [-line + 1] so the Yankees line becomes [ + 1] For positiveunderdog odds the formula is decimal [line +1] so the Red Sox line becomes [ + 1] Just like with American Odds we'll first use the implied win percentage to find the no-vig win percentage. Since that is the same regardless of line format, we can carry over that the Yankees have a chance of winning and the Red Sox have a chance.

Converting a win percentage into a Decimal Line is done with the formula line [1win] so the Yankees no-vig line is [1 ] and the Red Sox no-vig line is [1 ] The Different Types of Bets.

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The decimal odds format is popular across much of Europe and Asia. In my opinion, this is the easiest format to understand. All you have to do is multiply your intended wager by the decimal and that’s how much your bet will return in total. It is important to note that decimal odds DO INCLUDE the return of your original stake and not just the net profit like fractional odds show.

You see a bet with odds of Indonesian odds work pretty much the same as American odds but with the decimal place moved 2 spot to the left. For example, a team priced at in the American format would be priced at in the Indonesian format. Likewise, a team priced at + in the American format would be priced at in the Indonesian format.

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Learning how to convert betting odds can be very helpful. It is one of the fundamentals of betting. It is crucial to understand what value you are being offered. If the probability is less than your own assessed likelihood of any event to occur, that is a value betting opportunity.

In this article, we will take a look at how to convert the three most popular odds format decimal, fractional and American into their implied probability. The first thing you need to do is to check what odds format you are dealing with. Do you want to convert Decimal, Fractional or American od.

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