Odds Converter

Cite this content, page or calculator as: When quoted as a positive number the odds figure represents the unit amount a player would win were he to risk units. Hence, decimal odds of 1. On the other hand, the odds of the horse you bet on winning the race may be equal to 4 to 3. Probability Formulas:

Odds Converter

What are the odds...?

When quoted as a negative number the odds figure represents the unit amount a bettor would need to risk in order to win 1 units. Indonesian odds of Indonesian-style odds always have one-tenth the value of their US-style counterparts.

Hence Indonesian-style odds of Malay-style odds are quoted as a number with absolute value no greater than 1 typically displayed to 2 or more decimal places. When Malay odds are positive they are interpretted in the same manner as Hong Kong odds, so Malay odds of 0. Malay odds of Malay-style odds of 0.

In all odds formats even odds bets may be quoted as "Even", "Evens" or 'Ev. Associated with any given odds quotation is the win probability implied by those odds. This represents the probability with which the underlying event would need to occur to justify those odds.

If the real probability were greater than the implied probability then the bet would be a good bet, while if it were lower it would be a bad bet. If the real probability were equal to the implied probability then the bet would be break-even. Be sure to check out the rest of our incredibly useful sports betting tools here on sportsbookreview and then head over to our sports betting forum to discuss the latest lines and plays from our community of handicappers.

Earn Betpoints What Are Betpoints? Odds Converter US Odds: The win probability that would imply zero vig on the offered line Hong Kong Odds: Odds in Hong Kong format Indonesian Odds: Odds in Indonesian format Malay Odds: Odds in Malaysian format.

How to use this sports handicapping tool. About International Odds Displays. There are three major formats in which most online sportsbooks quote odds: The odds equivalent in all other formats will then be shown, as well as your expected profit. When betting on the moneyline in American odds, the team that you are betting on just needs to win the game.

The fractional odds displayed shows how much you can win on a bet compared to how much you put on it. The first number will show how much you can win, when you place the second amount as a wager. With decimal odds, you will multiply your wager by the decimal shown, with the answer being what you will receive in winnings, including your original wager. We hope you make good use of our sportsbetting odds calculator and our odds converter app on this page.

Now, put your knowledge to the test and sign up with one of our great sports betting sites. Whether you're into baseball, football, basketball, or racing, you will find odds in all three formats and a great range of markets to wager on and with our handy sports betting calculator, things couldn't be easier!

From there, you divide the right-hand side — one — by the total figure — three — giving the answer of When looking to make a bet, speed is key, something that our sports betting calculator can help with. Input your type of odds, given odds, and total bet, and the betting calculator will handle the rest. Moneyline odds sometimes listed as US or American odds probably rank as the most confusing odds format out there, largely as it appears to be used exclusively in North America.

Yes, it is a bit complicated to understand, but that is the nature of the beast when it comes to moneyline odds. Finally, on European shores, decimal odds are often the preferred choice.

Expected value is the total amount that a punter can expect to win or possibly lose when they place a wager on the same odds multiple times over. Expected value is calculated by multiplying your winning probability with the amount you could win per wager, then subtracting the losing probability multiplied by the amount lost per bet. Our reviews and guides are used by more than , players worldwide every year. We put gambling sites through a solid reviews process that can sign off on all aspects of security, banking, software and games.

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