Are you searching for an easy and accurate way to convert sports betting odds and quickly calculate your potential winnings? The Betting Odds Converter and Payout Calculator simplifies the process by instantly converting American odds, Decimal odds, and Fractional odds, while also calculating the implied probability and total payout based on your wager amount.

 

🏆 How to Use the Betting Odds Calculator?

With our sports betting odds converter, you can effortlessly:

Calculate potential winnings and total payout based on your wager amount.

Instantly convert American odds, Decimal odds, and Fractional odds formats.

Determine the implied probability of a 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 presented as either positive (+) or negative (-) numbers:

Negative odds (e.g., -110, -200) represent how much you need to bet to win $100.

Example: -200 odds means you must bet $200 to win $100.

Positive odds (e.g., +200, +300) show how much you win on a $100 bet.

Example: +200 odds means a $100 bet will win $200.

🔹 Decimal Betting Odds (European Odds)

Decimal odds are widely used in Europe, Canada, and Australia and are displayed as a single number. To calculate your total return, simply multiply the wager amount by the decimal odds.

Example: A $100 bet at 3.00 odds returns $300 (including a $200 profit and your $100 stake).

A $100 bet at 1.50 odds returns $150 (including a $50 profit and your $100 stake).

🔹 Fractional Betting Odds (UK & Horse Racing Odds)

Fractional odds are often seen in UK sportsbooks and horse racing markets.

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

 

🎯 What is Implied Probability in Sports Betting?

Implied probability is the likelihood of an outcome occurring based on the odds. Our implied probability calculator helps convert any betting odds into clear 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?

Here are a few reasons why our Betting Odds Calculator can boost your sports betting experience:

✅ Instant conversion of American odds, Decimal odds, and Fractional odds
✅ Calculate implied probability to assess the risk-to-reward ratio
✅ Optimize sports betting strategy with fast, accurate calculations
✅ Improve bankroll management with precise payout estimates

🚀 Additional Sports Betting Tools

Parlay Calculator – Quickly calculate parlay payouts for multiple bets.

Sportsbook Reviews – Discover the best online sportsbooks for your bets.

Betting Strategy Guides – Learn advanced betting techniques to maximize your profits.

 

🏅 Maximize Your Profits with the Best Betting Odds

 

Whether you are a new bettor looking to learn odds conversion or an experienced sports bettor seeking fast, accurate payout calculations, the Betting Odds Calculator is the ultimate tool for making informed and profitable betting decisions.