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Odds2Win
Odds2Win
daily sports predictions & betting insights

Odds Converter: Decimal, Fractional and American Odds

Odds Converter: Decimal, Fractional and American Odds

Convert betting odds between decimal, fractional and American formats, then check the raw implied probability and estimated stake return. Enter any one odds format and the calculator updates the rest automatically.

Odds converter visual guide for decimal, fractional and American betting odds

Use the converter below to compare odds formats, check implied probability and avoid reading a market price as a guaranteed prediction.

Odds conversion calculator

Use decimal odds above 1.00, fractional odds such as 10/11 or 3/2, American odds such as -110 or +150, or an implied probability percentage.

Example: 1.50, 1.91, 2.00, 2.50
Example: 1/2, 10/11, 1/1, 3/2, 2/1
Use + for underdogs and - for favourites. Example: -200, -110, +100, +150
Raw implied probability from the displayed price, before removing bookmaker margin.
Enter stake in units. The calculator shows estimated profit and total return.
Decimal 1.91
Fractional 10/11 approx.
American -110
Implied probability 52.38%
Estimated profit 90.91 units
Total return 190.91 units

How this calculator works

Decimal odds are used as the base Odds2Win converts every valid input into decimal odds first because decimal format directly shows total return: stake multiplied by decimal odds.
One active input updates the rest When you edit decimal, fractional, American odds or implied probability, the calculator recalculates the other formats from that active value instead of mixing several inputs together.
Probability is shown before margin removal The implied probability is the raw market probability from one displayed price. It is useful for comparison, but it is not a clean prediction and it does not remove the bookmaker margin.
Stake output is a return estimate Estimated profit and total return are calculated from the current decimal price and your stake. They do not account for void bets, each-way terms, cash-out rules or market settlement changes.

Calculation notes

Formula used Implied probability is calculated as 100 divided by decimal odds. For example, decimal odds of 2.00 imply 50.00% before margin adjustment.
Bookmaker margin is not removed The calculator converts a single displayed price. It does not remove overround across all outcomes in a market.
Stake return is an estimate Total return equals stake multiplied by decimal odds. Profit equals total return minus the original stake, before any settlement rules or void conditions.

How each odds format works

  • Decimal odds show the total return for every 1 unit staked. At 2.50, a 100-unit stake returns 250 units total, including the original stake.
  • Fractional odds show profit relative to stake. At 3/2, a 100-unit stake can make 150 units profit, with 250 units returned in total.
  • American odds use positive and negative numbers. +150 shows the profit on a 100-unit stake. -200 shows how much you need to stake to make 100 units profit.
  • Implied probability converts the price into a raw chance estimate. It helps you compare the market price with your own fair probability.

Common mistakes when converting odds

  • Treating implied probability as a prediction. A price of 1.91 implies 52.38%, but that number still includes market margin when viewed inside a full bookmaker market.
  • Comparing sportsbooks without converting formats. Decimal, fractional and American odds can look very different while representing the same price. Convert them first before judging which line is better.
  • Forgetting that decimal odds include the stake. At 2.50, the total return is 250 units from a 100-unit stake, but the profit is 150 units.
  • Reading negative American odds backwards. -200 does not mean a 200-unit profit on a 100-unit stake. It means you would need to stake 200 units to make 100 units profit.
  • Ignoring overround. Two sides priced at 1.91 each do not mean two clean 52.38% outcomes. Together they imply about 104.76%, with the excess representing bookmaker margin.

Odds conversion formulas

Format Conversion Example
Decimal to probability 100 ÷ decimal odds 2.00 = 50.00%
Fractional to decimal 1 + numerator ÷ denominator 3/2 = 2.50
Positive American to decimal 1 + American ÷ 100 +150 = 2.50
Negative American to decimal 1 + 100 ÷ absolute American odds -200 = 1.50

Common odds examples

Decimal Fractional American Implied probability
1.50 1/2 -200 66.67%
1.91 10/11 approx. -110 52.38%
2.00 1/1 +100 50.00%
2.50 3/2 +150 40.00%
3.00 2/1 +200 33.33%
5.00 4/1 +400 20.00%

Using implied probability without overreading it

Implied probability is a pricing shortcut, not a guaranteed prediction. A decimal price of 2.00 implies 50.00%, but a real two-way market may price both sides above 50% once bookmaker margin is included. To judge whether a price is playable, compare the raw implied probability with your own fair probability and check the full market, not only one isolated price.

Bookmaker margin and overround

A single converted price tells you the raw probability of that selection, but it does not show the full margin in the market. In a balanced two-outcome market, two prices of 1.91 each convert to about 52.38% + 52.38% = 104.76%. The amount above 100% is the overround. That is why implied probability should be treated as a market price, not as a clean forecast.

Odds converter FAQ

What is the easiest odds format to calculate returns?

Decimal odds are usually the simplest format because total return equals stake multiplied by decimal odds. Profit equals total return minus the original stake.

Is +150 the same as decimal odds of 2.50?

Yes. American odds of +150 convert to decimal odds of 2.50. A 100-unit stake would make 150 units profit and return 250 units total.

Why do negative American odds convert to short decimal prices?

Negative American odds represent favourites. For example, -200 means a bettor would need to stake 200 units to make 100 units profit, which converts to decimal odds of 1.50.

Does implied probability include bookmaker margin?

This calculator shows raw implied probability from a single price. It does not remove bookmaker margin across all outcomes in a market, so the full market percentage may be above 100%.

Can I use this converter for live odds?

Yes. The formulas are the same for pre-match and live odds. The important difference is that live odds can move quickly, so the converted probability may change within seconds.