Betting Odds Calculator – Convert Sports Betting Odds & Calculate Winnings Instantly

How Convert American, Decimal, and Fractional Betting Odds and Determine Your Potential Payout? Are you looking for an easy way to convert sports betting odds and calculate your potential winnings? Our Betting Odds Converter & Payout Calculator simplifies the process by instantly converting American odds, Decimal odds, and Fractional odds while also determining the implied probability and total payout based on your wager amount.

🏆 How to Use the Betting Odds Calculator

Simply enter your wager amount and odds type to instantly see:

Potential winnings and total payout

Converted odds in American, Decimal, and Fractional formats

Implied probability of the bet winning

Example Calculation:

Wager Amount: $100

Odds Format: American Odds -110 (Equivalent to Decimal 1.91 & Fractional 10/11)

Implied Probability: 52.38%

Potential Profit: $90.91

Total Payout: $190.91 (Including original wager)

🔢 Betting Odds Conversion Table

📌 Understanding Betting Odds – American, Decimal & Fractional Explained

🔹 American Betting Odds (Moneyline Odds)

American odds are displayed as either positive (+) or negative (-) numbers:

Negative odds (-110, -200, etc.) indicate how much you need to bet to win $100.

Example: -200 odds require a $200 bet to win $100.

Positive odds (+200, +300, etc.) indicate how much you win on a $100 bet.

Example: +200 odds mean a $100 bet wins $200.

🔹 Decimal Betting Odds (European Odds)

Popular in Europe, Canada, and Australia, decimal odds are displayed as a single number.

To calculate your total return: Wager Amount x Decimal Odds

Example: A $100 bet at 3.00 odds returns $300 ($200 profit + $100 original stake).

A $100 bet at 1.50 odds returns $150 ($50 profit + $100 stake).

🔹 Fractional Betting Odds (UK & Horse Racing Odds)

Fractional odds are widely used in UK sportsbooks and horse racing.

Example: A 3/1 bet ("three to one") means you win $300 on a $100 bet.

A 1/3 bet ("one to three") pays $33.33 profit on a $100 bet.

7/2 odds pay $350 profit on a $100 bet, while 2/7 odds pay $28.57 profit.

🎯 What is Implied Probability in Sports Betting?

Implied probability represents the likelihood of an outcome based on the odds. Our implied probability calculator instantly converts betting odds to probability percentages.

🔹 Example Probability Calculations:

+200 (2/1, 3.00 odds) → 33.33% probability

-200 (1/2, 1.50 odds) → 66.67% probability

⚡ Why Use a Betting Odds Calculator?

✅ Instant conversion of American, Decimal, and Fractional odds ✅ Calculate implied probability to assess risk vs. reward ✅ Optimize your sports betting strategy with quick calculations ✅ Improve bankroll management with accurate payout estimates

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🏅 Get the Best Betting Odds & Maximize Your Profits

 

Whether you're new to sports betting odds conversion or an experienced bettor looking for fast and accurate payout calculations, our odds calculator is your ultimate tool for making informed betting decisions.