4 1 As A Decimal Odds
- When probability rises from 0.5 to 1.0, odds rise from 1 to a number approaching infinity. As an example, if we have a probability of 0.8, that makes the odds 8/2, which we can reduce to 4/1, which equals 4.0. When the odds are very high, e.g. 1000/1, probability is close to 1.00.
- How to Use the Fractional to Decimal Odds Calculator. Using this converter is easy. Simply enter the fractional odds into the box that states Fractional Odds. Fractional odds look like 2-1 0r 13/5. Press convert and the decimal odds will be shown in the Decimal Odds Box.
Negative american odds - Negative 100 divided by (the decimal odds minus one) e.g. A decimal value of 1.2 = -100 / (1.2 - 1) = -500. Also See Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager.
Fractional Odds
American Odds Converter
What is Fractional odds ? This is a common line from Britain
Profit ----➔ 6/5 🠰 ---- Stack
How to convert ?
Stack X Odds + Stack = Return
| Odds | Stack | Calculation | Return |
|---|---|---|---|
| 6/5 | 100$ | 100$ * 6/5 + 100$ | 220$ |
| 1/1 | 100$ | 100$ * 1/1 + 100$ | 200$ |
| 3/10 | 100$ | 100$ * 3/10 + 100$ | 130$ |
| 37/5 | 100$ | 100$ * 37/5 + 100$ | 840$ |
Convert Decimal to Fractional
Decimal = Fractional + 1
1.40 = 2/5 + 1
1.40 = 0.4 + 1
You can try it in the calculator above
American Odds
There are two kind:
If the odds are positive +250
it say if you put 100$ you will get 250
If the odds are negative -150
it say you must risk 150$ to win 100$
1.40 = 0.4 + 1
Converting from Decimal to American
If the odds are 2.00 or more:
American Odds = (Decimal -1) X 100
If the odds are Less then 2.00:
American Odds = (-100)/(Decimal -1)
| Odds | Calculation | Result |
|---|---|---|
| 3.00 | (3.00 - 1) X 100 | +200 |
| 2.50 | (2.50 - 1) X 100 | +150 |
| 1.50 | (-100) / (1.50 - 1) | -200 |
| 1.35 | (-100) / (1.35 - 1) | -285 |
Convert from American to Decimal
If the odds are Positive ,Just divide US odds by 100 and add 1
Decimal = (Us odds / 100) + 1
If the odds are Negative
Decimal = (100/ Us odds) + 1
| Odds | Calculation | Result |
|---|---|---|
| +220 | (220 / 100) + 1 | 3.20 |
| +400 | (400 / 100) + 1 | 5.00 |
| -140 | (100 / 140) + 1 | 1.714 |
| -170 | (100 / 170) + 1 | 1.588 |
The benefits of using the best betting odds calculator
How can a betting odds calculator help out when punters are looking around at sporting betting odds? At Houdini Predictions there are a lot of free predictions that are on offer. Each of the high-quality football betting predictions that are offered is presented with current odds. But as a punter, you may want to see how those odds are presented in different formats. An online betting calculator can help to make those conversions quick and easy.
4 1 As A Decimal Odds Worksheet
The Houdini Betting Odds Calculator
The football betting calculator at Houdini Predictions makes the conversion of odds to different formats a quick and simple process. Why would a punter want to convert odds? It is all a matter of preference really. A lot of UK betting markets are presented in the fractional format. Punters based on continental Europe are going to be more familiar with the decimal format. Then there is American / Moneyline format which may well be completely unfamiliar to any European bettors at all. Being able to switch between the different types of formats can be a handy tool to have on your side to put all odds into your own familiar format. So Houdini Predictions have tools available like the online betting odds calculator to help punters along.
How to convert odds with the betting odds calculator
The football betting calculator can just help to clear up some confusion over how odds may be presented. It’s not an uncommon thing to be browsing around online and to then find a betting opportunity you fancy but the odds are presented in a totally different format. Maybe as a UK punter, you wanted to expand your horizons and look at having a wager on the NFL Super Bowl but have no idea what a +250 Moneyline wager is. All that you would need to do to clear up any of that confusion would be to put the odds quote into the bet calculator. Then that one quote will be converted into the other odds format that are available in the calculator. That includes Decimal and Fractional, along with the Hong Kong and Indoneison formats. To convert odds with the betting odds calculator, you simply enter the odds quoted in the relevant box in the calculator and click the Convert button. All the work is done for you from that point on.
The Houdini Predictions does the heavy lifting
Everything to do with betting, of course, involves mathematics. An example of that is the implied probability of outcomes which the odds represent. If you convert between Decimal and Fractional or any other format, that probability doesn’t change what you are looking at. Some mathematical operations can be a slow process to figure out. It’s not so easy to convert decimal odds of 2.54 into a fractional return. But the online betting calculator at Houdini Predictions gives you results quickly. The bet calculator is not figuring out how much potential profit that you could collect from those odds, because that’s an entirely different thing. Stake and risk would come into play in that example, but the Houdini Bet Calculator is an odds conversion tool. But with that having been said, if you calculate and see odds presented in your familiar format, then you may have a clear picture in your head of the actual value of those odds in terms of potential profit.
Quick conversion results with the betting odds calculator
It’s worth noting that along with daily free football betting tips, there are also live football betting tips that are available at Houdini Predictions. Online betting is a really fluid thing and sometimes, especially when looking at live in-play betting, conversions may need to be done quickly. At the end of the day, a football betting calculator will help speed up any process in which you find the need for an odds-conversion. So the package is all here at Houdini, the high-quality picks and the football betting calculator that can help manage the odds.
Whether you are new to the world of betting or somewhat of an old hand when it comes to having a flutter every now and again, you will undoubtedly be aware of the sheer range of options at bookmakers like Betfair and Paddy Power when it comes to having a bet.
While putting money on a horse winning a race may sound like a relatively straightforward matter, there is a wide range of bets available. For example, are you planning to keep it simple with a single bet on one race? Or, alternatively, are you looking to take a chance on a larger gamble with an accumulator?
Thankfully, that is where online odds calculators come into their own. These handy tools can make a huge difference to your betting activity, providing you with a full overview of the options available and ultimately helping you to place the bet – or combination of bets – that works best for you.
In this article, we are going to take a closer look at the concept of odds calculators, how they tend to work, and the key benefits that they can offer in terms of boosting your betting balance.
What is an odds calculator?
On the most basic level, odds calculators are designed to help you understand the implications of your bets and ultimately determine what returns you will receive if you are successful.
Such tools tend to operate in a standard format, with them first asking you to input the type of bet that you have made or are planning to make. This could be anything from a single to a Yankee to Super Heinz or an accumulator. Once you’ve provided this information, you will then be asked to enter the odds on your bet and also the stake that you’ve placed on it. The calculator may also ask you to either enter the odds in the decimal or fraction format, but we will touch upon the key issues related to that further on in this article.
You will then repeat that process however many times is necessary – for example, if you have placed multiple bets – and then may also be able to add information related to Dead Heats or any situation when Rule 4 may have come into play. The latter offers compensation in the event that a horse withdraws from a race after a bet is placed.
Clear benefits
After providing full information regarding your range of bets, the odds calculator will then take care of the hard work by doing the maths and generating an overview of the bets you have made or are planning to make, as well as the potential returns which will be available if you are successful.
4 1 As A Decimal Odds Calculator
Choose your each-way terms with the odds calculator – these vary based on the number of runners and the type of race
As you may have already realised, such tools offer clear benefits to horse racing fans whether they are planning for future races or even checking what their final winnings will be after placing several bets. The ability to input information on a combination of bets is a particular benefit, as it ensures you do not get a headache while attempting to consider the potential outcomes of the bets you have made.
Fractions vs decimals
For a great number of horse racing fans, the use of fractions is the traditional way of viewing the odds for the runners and riders, but the use of decimals is something which has grown significantly across recent years, too. The concept operates on the straightforward notion that you simply multiply a stake by the decimal shown and the outcome will be your total winnings. For example, if you place a £1 bet on a horse with odds of 4.00, you will get a return of £4.
While the use of decimals may seem very simple in that respect, it is worth bearing in mind that the concept offers up one fundamental difference in comparison to the use of fractional odds. When it comes to decimal odds, your stake is always factored into the return that you calculate but this is not the case when following the fraction method. In terms of the latter, if you put £1 on odds of 4/1 you will receive £4 in profit but also get your £1 stake back too – so £5 in total. As such, the fraction allows you to work out your winnings, but you will also need to factor in that your stake will also be returned to you as well.
A better understanding
It goes without saying that a huge number of people across the globe love betting on horse racing with bookmakers like Betfair and Paddy Power, whether they are attending race meetings in person, following the action on TV, or online via streaming services. You can get free Timeform tips for every British and Irish horse race and free Infogol tips on Europe's biggest football leagues. However, it is also true that some can find it a complicated world to navigate around and they often want a bit of a helping hand to get started.
Whatever your level of experience, taking some time to gain a better understanding of how the different formats for odds work can be an important step towards making informed decisions on your betting. Furthermore, the use of odds calculators can help you fully understand how specific combinations of bets could put you on the path towards winning big and also ensure you are fully aware of the winnings that you are due.