Odds Conversion Formula:
From: | To: |
Odds conversion is the process of changing odds from one format to another (e.g., American to Decimal). Different regions use different odds formats, and conversion helps compare odds across different systems.
The calculator uses the following formulas:
Where:
Explanation: Positive American odds show how much profit you would make on a $100 bet, while negative odds show how much you need to bet to win $100.
Details: Understanding different odds formats is essential for comparing betting opportunities across different bookmakers and regions. Decimal odds are commonly used in Europe, while American odds are standard in the US.
Tips: Enter the American odds (positive or negative number) and click calculate. The converter will show the equivalent decimal odds.
Q1: What's the difference between American and Decimal odds?
A: American odds show profit relative to $100 bets, while decimal odds represent the total payout per unit staked.
Q2: How do I convert decimal odds back to American?
A: For decimal ≥ 2: (Decimal - 1) × 100. For decimal < 2: -100 / (Decimal - 1).
Q3: Which odds format is better?
A: Neither is objectively better - it's personal preference and regional convention.
Q4: Do bookmakers offer different odds formats?
A: Most online bookmakers allow you to switch between different odds formats in their settings.
Q5: Are there other odds formats?
A: Yes, fractional odds (e.g., 5/1) are common in the UK and Ireland.