Now you understand how to convert moneyline, fractional and decimal odds, check if you can place legal sports bets in your state with our gambling laws guide. (100/400) + 1 = 1.25Īs for fractional odds, we just need to divide 100 by the moneyline odd, and then reduce it to its simplest form, e.g. This time, we need to divide 100 by the odds, or moneyline, and then add 1. Moneyline bets are one of the most common ways to bet for the sports. Some sportsbooks offer moneylines to have one-fourth, 1 / 2 of, period, or the first 5 innings of a golf ball video game. Their number is the amount a bettor would need to risk to win 100. The favorite in each game is shown with a minus sign next to their odds. That number is the amount a bettor would win if they risked 100 on that underdog. The underdog is shown with a plus sign next to their odds. To convert negative American odds into decimal odds, we’re going to tweak the equation. A great moneyline wager is put on the a team or front to earn the game outright. In college football moneylines, there are favorites and underdogs. You must add a positive sign to the result to get the correct moneyline odds. The first is for when the decimal odds are greater than 2.00. Divide the odds by 100, and then reduce it to its simplest form, e.g., 400/100 is the same as 4/1. There are two calculations for this conversion too. (+400/100) + 1 = 5.00Ĭonverting American odds into fractional odds is simpler. To convert positive odds to a decimal, divide the odds by 100 and then add 1. 2.5 – 1 = 1.5 1.5 = 3/2 Converting American Odds/Moneyline Odds to Fractional & Decimal OddsĪmerican odds are a little trickier, as they operate using positive and negative odds. To convert decimal odds to fractional odds, simply subtract 1 from the decimal, and then convert the remaining decimal number into a fraction. You can convert fractional odds into decimal odds by dividing the numerator by the denominator, and then adding 1. Im going to show how to calculate your parlay value using moneyline bets (or win bets in some parts of the world) because moneyline odds are quite standard. On this page you'll be able to convert your odds using our odds convertor across the three different formats, hassle-free.įor sports fans that want to convert various odds across online sports betting sites or exchanges manually, whether it's American football or tennis, these are the basic formulas: Convert Fractional Odds & Decimal Odds
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