American odds are of course very popular at US sportsbooks. 1. Thus even odds 1/1 are quoted in decimal odds as 2. For example, with odds of 1. 7%. Fractional odds mean that you can win $6 against each $1 that you wager. It’s really straightforward. For example, using fractional odds of 2/1, the number on the bottom, or to the right, represents the wager amount, while the top number represents the amount that bettors can win if the pick is correct. Use the Format Cells Command to Convert Fraction to Decimal in Excel. To go to decimal from fractional you divide the numerator by the denominator and add one. To convert between different odds formats and calculate your payout, simply follow these 2 easy steps: Fill in the odds in any of the odds fields: American, decimal, fractional or implied. 59/2 means a £5. Also common in some areas of horse racing, decimal odds simply rewrite fractional odds in decimal form. The fractional odds would then be the result of the sum directly above this sentence – 9 – over the number of times the decimal was multiplied. 11/4 to Decimal Odds. For example, staking £5 at decimal odds of 11. Our Odds Converter will convert Decimal odds, American odds and Fractional odds into your chosen odds format. To calculate profit in decimal odds, simply multiply the odd by the amount bet and subtract the amount bet from the result. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. In the case of betting on a single number in roulette: The odds as a fraction are 36/1. Converting Decimal Odds To American Odds. 75. A fraction is one way of writing a division. ; Step 2- Use that to determine what the denominator of the fraction would be. Bet Type. Decimal odds show the amount of money the bettor will receive back multiplied by the original stake. You will always sees the fractional conversion here on Betting. Write 0. Thus, you might see the odds listed as 11/1, or perhaps 18-1. 00, while the 1/4 odds are quoted as 1. 4. Question 2: Write the following decimals as fractions, in their simplest forms (a) 0. 25) Fraction (1, 4) >>> str (Fraction (0. Let’s take decimal odds of 4. 03 is actually correct, some bookies tend to refer to -300 when meaning the fractional 1/3 because it's easier for the punter to remember, while. 1 of 7. 5 (15 divided by 2 = 7. Take only after the decimal point part for calculation. your stake. Because decimal odds are simply 1 divided by probability (= 1/probability) they are easier to use in calculations and we therefore favour them for our articles and explanations. Lesson 2: Converting fractions to decimals. Complete the division to convert the fraction to a decimal. 0333333. Above, 100 times 2. This article discusses this process of odds conversion in detail with the use of step. Decimal Odds. Without an odds converter, you can still convert decimal odds to fractional odds and vice versa quite easily. Converting decimal odds to fractional. 50. 00, which wouldn’t be much of a return for the risk! Edit: Also while OP hasn’t described this Decimal odds are always expressed to two places, so. Decimal Odds. Simply enter the odds into the box below and we will automatically convert it for you. Converting Fractional Odds to Decimal. They are still used today on racecourses, football coupons and betting adverts. 25 four times in order to eliminate the decimal places. To get this you just need to tick the "Display fractional odds on mouse-over" box which is located under more options and then odds options. Using long division to solve this problem by hand or in your head, reducing 9/12 = 3/4, might make the problem easier. We express a decimal odd with a single number, e. 1. At such short odds, the difference between the two odds is 10 per cent in terms of winnings. 4 – 1 = 0. 10, for example, it would be 3. 225 (h) 0. 2 + 1 = 1. 50 and you bet £100, your total return is £250 (£100 bet + £150 profit). e. Step 2: Multiply both the denominator and the numerator by 10 for every digit after the decimal point. 0 or greater the formula is: (decimal odds - 1) * 100 = American Odds; For Decimal odds between 1. Decimal () object . However, you can choose to display them as decimals (e. How to convert decimal odds to fractional odds? To convert decimal odds to fractional odds use the formula (x – 1. ReplyTo convert a fraction to a decimal, you simply divide the numerator (the number left of the divider) by the denominator (the number right of the divider). There are two steps to convert decimal odds into a fraction. For example, using fractional odds of 2/1, the number on the bottom, or to the right, represents the wager amount, while the top number represents the amount that bettors can win if the pick is. Below is a table highlighting the difference between the various odds types:In the case of 18 and 10, the greatest common divisor is 2. 25. 12: 89%: 1/7-714: 1. (For instance, if there are two digits after the. Length = 2. In engineering, fractions are widely used to describe the size of components such as pipes and bolts. The numbers in a fractional odds listing will be divided by either a slash or a dash. American Odds. Step 2: Multiply both top and bottom by 100 (because there are 2 digits after the decimal point so that is 10×10=100): The juice or commission on each bet here is fractional odds of 10/11, so you would need to bet $110 to win $100. Thus even odds 1/1 are quoted in decimal odds as 2. 0. For example, decimal odds of 1. The formula is as follows: 1 + (fractional odds calculated) An example of this could be 2/1. 5. 3 to a fraction follow these steps: Step 1: Write down the number as a fraction of one:. 00, converting this to a fraction, and then reducing the fraction down to its simplest form. Converting Fractional Odds To Decimal Odds. 33%) . Convert fractions to decimals and percentages, work with mixed numbers and improper fractions and solve for X in fractions equations using CalculatorSoup ® online fractions calculators. 50 return on a £1 bet, 4. 9 = $190. 5. You then simplify the fraction by dividing both numbers by the largest common. 01. Odds/Probability Conversion. Implied Probability. 87, which would make for much easier math on this $10 bet. For Negative American Odds: Fractional Odds = 100 / (ABS (American Odds)). To Moneyline A fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager and receive your dollar back (i. 5 as the answer. Enter in your bet amount and the odds below to see how much you would win and what your odds are in American, Fractional, and Decimal formats as well as the implied probability of winning. Here’s the formula:Odds Converter: Convert Fraction, Decimal, America. The decimal odds would be listed at 1. To be able to convert from Fractional to Decimal odds you first have to enter a fraction (such as 5/2). There is a slight difference when converting fractional odds to decimal odds, because the latter includes the return of the original wager, while that amount must be added to the fractional odds. Simplify if. 6 = 38. Odds math: How to do odds in mathematics Understanding bookmaker odds and manipulating bookmaker/sportsbook odds is the one true way to understand how odds. odds. 5005 (j) 0. 1666667, which is 1/6. 75 x $100). 8696 Malay Odds. If you’re ever in a situation where you need to convert fractional odds to decimal, all you need to do is divide your fraction. How to Convert a Percent to Fraction. 00 would be converted to 2/1 (3. We convert this fraction into decimal odds by taking 13, dividing it by 8, and then adding 1. 51/2 is 1/2 2. 50 and convert it to a fraction price 6/4 The fraction to decimal part is easy it just the other way round I am having difficulty with. Step 4- Express. 2. Thanks for. For example, 1. It also calculates the implied probability of the. 8. I'm no maths expert, but decimal -> fraction is difficult(!). You simply multiply 1/5 by 6 to get 1/6. The 1 represents the returned stake which is included in the decimal odds but not in the fraction odds. The biggest positive with decimal odd is that they are so easy to work out which is best. 15 (10 x 0. Fractional odds are quoted as a fraction showing the potential amount paid. 5 mathematically you’d describe it as 4. - The value of column A will be inputted manually The value of Column B will be inputted manually In order to calculate column C, I need a formula that minuses one decimal point from the value of Column A before multiplying by Column B. g. Split(New Char() {" "c, "/"c}) If split. No. 00 from the decimal price, convert the price to a fraction and then simplify that fraction are far as possible. 2. That's it! What's the implied probability of the Dolphins at +160 (or 2. Difference between decimal, fractional and American odds. Reduce the fraction. For example for decimal odds of 1. 4 you'll find the four is in the tenths position. You can convert fractional odds into decimal odds by dividing the numerator by the denominator, and then adding 1. 50) Fractional to Decimal:. To convert decimal odds to fractional odds, you need to subtract 1 from the decimal and then convert it to a fraction. Convert the fraction to a decimal number. For example, for decimal odds of 1. 75 in decimal odds. American odds = – (decimal odds – 1) x 100 / (decimal odds – 1) For example, if the decimal odds are 3. 3100/30 means £4. For example, if you. Write down the decimal. This means you have a 2. 5 gives a clear picture of how much is the radius of the circle. 25. 1. 1 ÷ 4 = 0. Multiply your wager by the figures above and add the product on top of your original wager to get the final returns. 0. In our case 5 is 1 digit long so we need to multiply the numerator and denominator by 10. 25. Example 2:That’s because the calculator uses math to convert the odds you provide into other formats. 5 => 15/10 This can do via this code:Enter odds below for automatic conversion (Example conversion format: Decimal: 3. To Convert Negative American Odds Fractional Odds, divide -100 by the American odds. Odds/Probability Conversion. To convert decimal odds to fractional odds, you need to do the reverse. Latest version: 1. 5. 3 / 1 Step 2: Multiply both top and bottom by 10 for every number after the decimal point:. Fractional Odds . From Fractional. 44 is equal to 44%. 20 plus the original $1 stake. For example, 1. Fractional Odds Decimal Odds Implied Probability Reset Bet Partner Offer $1,000 First Bet on Caesars CLAIM OFFER If you want to convert between odds by. Bet $100 at odds of 1. To Pay $0. That's it! The decimal odds equivalent of 1/2 fractional odds is 1. American Odds. On the Home tab, click the Dialog Box Launcher next to Number. 50, and the bet is successful, the bettor will receive 7. There are two steps to convert decimal odds into a fraction. How To Convert Decimal Odds To Fractional. The +115 American odds convert to 2. g. 00 ; For example converting fractional odds of 11/4 into decimal odds the sum is: 11 ÷ 4 = 2. Fractional odds of 1. However, you can choose to display them as decimals (e. For the British and Irish they are most familiar with fractional odds, which are displayed as 1/2, 1/1 (evens), 2/1, 100/1 and so on. Fractional odds are common in the UK and Ireland. Finally is American odds, with these coincidentally being primarily used. 8. 1. Multiply the result by 100. If the fractional odds are listed at 5/1, that means a winning wager of $100 will return $600. 0, etc. Odds can be expressed as a ratio of two numbers (so as 1/2 odds and 100/200 odds are the same), or as a number, by dividing the terms in the ratio (0. 3 / 1 Step 2: Multiply both top and bottom by 10 for every number after the decimal point:. If a minus (-) is displayed, this number represents the total amount that is needed to be staked to win $100. 00 profit (50% return). 2244 (k) 0. g. For decimal odds, you can easily estimate the return: The potential return on decimal odds: Stake * Odds = Payout. Fractional odds are mainly used in the UK, as well as Ireland. As you can see, it is not about any complex mathematics. For example: 6. Let’s do a fraction to decimal odds conversion next, using an example from a famous soccer match. As a result, you would notice that excel converts the numbers in the selected cell into fraction form. 3 to a fraction follow these steps: Step 1: Write down the number as a fraction of one:. 3⁄5. For example, if the probability is 20%, then the odds will be 0. The 4/1 fractional odds discussed above are quoted as 5. See screenshot:How to convert decimal odds to fractional odds. So, 8 / 2 = 4 and 10 / 2 = 5. If the fraction is smaller than 1, it is known as odds-on. 0. 75, then the fractional odds are 7/4 and the american odds are 175. 75 – 1 = 2. Simply use the chart to convert your betting odds from Fractions to Decimals or Decimals to Fractions. 44 × 100 % = 44. There are various betting odds formats, and probably the most popular once are decimals (1. 75) + 1 = 1. 33. 10; Example: 67. 00) and place over 1. The team would win 5 out of 6 games and lose 1 of them. When the Fractional odds are greater than 1, the conversion formula is (fractional value) * 100. The right hand column shows the different fractions grouped by their denominator. In the fraction, the second number is the stake and the first number, the profit you will make should your wager win. 25 2. However much your wager is, you simply multiply it by the decimal odds to work out the total payout. Example: 3. Convert Fractional Odds to American Odds. 0 – 1 = 5) = 5/1. 5 x 2 = 10. 75. , if we have odds of 1:3, then we divide 1/3 by 4/3 which gives us a probability of 0. The decimal odds would be listed at 1. 0; the 6/5 fractional. 33 per cent. Fortunately learning how to convert decimal odds to fractions is easy. How do you convert decimal odds to fractional? Subtract 1 from the decimal representation e. Convert any odds from decimal to fraction, fraction to decimal, american to moneyline or moneyline to american with this online tool. Therefore, P (at least 1 heads) = 1 - 0. Step - Scroll down to bottom of this list to find the option, just under the header. Used mostly in the United Kingdom and Ireland, fractions quote the potential profit if the bet succeeds, relative to the. 5 decimal odds and 1/2 fractional odds. . 03 you're getting fractional odds of 3/100. Bet $10 at odds of 2. So 4/5, when converted to decimal odds, will be: (4÷5) + 1 = 1. . 2. Example. (6. Worked example: Converting a fraction (7/8) to a decimal. 00, while the 1/4 odds are quoted as 1. 0625. Analogous, betting odds of 2. 88, 2. From Decimal to Fractional: Take 1. 14; The fractional odds of 1-6 in decimals is. Step 1) Convert decimals odds. E. As you can see, it is not about any complex mathematics. For example, a decimal odds of 2. So if the decimal odds show as 5. 003 to a fraction such as 3/1000)? I still don't know which specific function I should use to convert fractions to decimals. With odds of 2/1, for example, 2 is the numerator and 1 is the denominator. 36), fractional (2/1) and American (-100). In this case the calculation is straightforward as 20 can be divided by two to get a fraction with a denominator of a multiple of 10 and the numerator is. Example for -200 American odds: -100 / -200. Converting fractional odds to implied probability. So, Conor McGregor at -130 in American odds can be worked out as: 1 - (100 / -130) = 1. 14: 88%: 1/6-588: 1. 5) = 15/2. A fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager and receive your dollar back (i. 2 is ⅕, which is the fractional odds. Converting from fractional to decimal odds is the easiest conversion to do. g. To calculate your profit on a win just do out the fraction and multiple by stake. See the conversion table, format definitions and examples of how to use odds and probabilities. Since there are 4 4 numbers to the right of the decimal point, place the decimal number over 104 10 4 (10000) ( 10000). Step 1: Make a fraction with the decimal number as the numerator (top number) and a 1 as the denominator (bottom number). a $1 wager on decimal odds of 1. Well, let’s talk about how it works to learn more. In the above example, where the bookmaker offers odds of 49/50 on a coin toss, the odds are shown as a fraction. 6 and 1/8 = 0. Therefore, if you're looking at a bet set at -500 odds, that means that outcome has about an 83% chance of happening. What are these fractional odds in decimals? Here is the list of odds converted into decimals: The fractional odds of 1-10 in decimals is 1. In other words, odds of 1. 01 and 1. A positive or plus (+) sign in front of the odds quote means that the odds displayed indicate the winnings that will be returned from a $100 bet. Decimal odds and fractional odds are the most popular odds formats in the world, at least outside North America. An easy way to convert fractional odds to decimal odds is to convert the fraction into decimal form and then add a 1. For example, if the decimal odd is 2. 5. [1] Let's say you're working with the terminating decimal . Use the Fraction format to display or type numbers as actual fractions, rather than decimals. 25. e. 2 + 1 = 1. For example, if your bet is placed at odds of 4. I am a Newbie so please let me know if I break any rules! I have spent an hour looking at how to convert decimals into horse racing fraction . 5%. The number in the active cell of the. 22, meaning a team or horse that’s 7/2 has an implied win probability of 22. 17; The. For example, if the decimal odds are 2. 00 becomes 2. A line that is odds-on in decimal format will always be a decimal of 1. We compared 15/8, 9/5 and 19/10 early as fractions, and many would struggle to say which was best. Set your odds type here, including fractional and decimal oddsDecimal Odds; The types of betting odds represent a similar thing, and there is no difference in payouts. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. 1%. 22 percent. How to Convert Repeating Decimals to Fractions. 0. To convert decimal to fraction, follow the steps given below. For positive odds (+), you'll divide it by 100 to get your result, then reduce the fraction to the lowest possible. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83. 50 and you bet £100, your total return is £250 (£100 bet + £150 profit). 7%. If we showed the same odds in decimal format, they would look like this: Decimal odds: 1. 1 = -1000. To convert decimal odds to fractional odds, you need to subtract 1 from the decimal and then convert it to a fraction. If the decimal odds are in the range of 1. For example: 6/4 is a decimal odd of 1. Create a fraction from a decimal number; Convert between betting odds and fractions; Let's start with the latter: A betting odd of 5 means, for every $1 invested, you get $5 if you win. In order to reduce the fraction find the Greatest Common Factor (GCF) for 5 and 1000. In this context, the numerator is the first number in the fraction and the denominator is the second number in the fraction. You will always sees the fractional conversion here on Betting. TryParse(split(1), b) Then If split. If you didn’t use decimal odds then instead of something as simple as 4. 50 profit and $1, which represents your stake. Decimal odds conversion to percentage Decimal odds are a simple reflection of the return you will receive for each single unit placed. 33 if it wins, but your odds would show as 4. The sum is performed by subtracting 1. Note: Please make sure that the odds that you enter follow one of the three formats listed below. The team would win 5 out of 6 games and lose 1 of them. Decimal odds are a way of displaying odds in an easy to understand way. I am a Newbie so please let me know if I break any rules! I have spent an hour looking at how to convert decimals into horse racing fraction . Under 1/1: Divide -100 by the Fraction as a Decimal. Another example would be odds of 6. g. Firstly, select the cells that contain the decimal numbers and open the ‘Format Cells’ dialog box (Ctrl+1). Odds on Bet. The probability of at least 1 head in 4 tosses is 93. 3. Fractions are converted to decimals to express and read numbers easily. Fractional odds of 4/5 are therefore equivalent to American odds of -125 and decimal odds of 1. To Convert Positive American Odds to Fractional Odds, divide the American odds by 100, turn the decimal into a fraction, and find the simplest form of the fraction. 00 you place on a particular outcome, you will receive a profit of 0. 1. 01 – 1/100 2. 25)) '1/4' >>> print Fraction (0. There are two steps to convert decimal odds into a fraction. 4, you’d be looking at 33/10 and 12/5. 0, then we simply subtract 1 from the decimal odds and apply a denominator of 1. To MoneylineA fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager and receive your dollar back (i. If you take the fractional odds of 9-5 and turn them into a division problem (dividing nine by five), you wind up with 1. % = 0. 3 and 4. 50 winnings = odds of 1/2. 5. To calculate the radius we need to divide it by 2. The total return will be your initial stake plus a profit for winning the wager. 4/1) x 10 = 4/10. 25 becomes 1. 52 – 6/4 Converting decimal odds to fractional, take the decimal and subtract 1. Hong Kong Odds Explained. 2 714285 and 1/6 = 0. Example: New York Mets (1. American to Decimal Both odds are a component in determing for example the payout. You would receive your dollar back if you wagered $1. Betting Odds Converter - Fraction to Decimal. 3 percent. Next, given that you have x decimal places, multiply numerator and denominator by 10 x . 65. Converting odds into probability, we divide the odds by 1+ the odds e. 75. To Convert Positive American Odds to Fractional Odds, divide the American odds by 100, turn the decimal into a fraction, and find the simplest form of the fraction. , 3. If you bet at 1. Step - Choose between or by clicking the relevant button and the odds on the site will now be displayed in. To Win $0.