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Calculator · odds converter · updated 2026-05-09

One odds
format.
All four.

American, decimal, fractional, implied probability — four ways to express the same number. Sportsbooks in the US show moneylines. European sites use decimal. UK bookmakers use fractions. Exchanges show implied probability. Switching between them manually means errors. This converter does it instantly.

Enter any format and all four update live. Works for underdogs (+200), heavy favorites (-800), even money (+100 / 2.00 / 1/1 / 50%), and everything between. Shareable URL syncs with each entry. After converting, use the payout calculator to see your returns or the implied probability calculator to detect edge.

Converter

Live · client-side · zero tracking

Input format

Enter any format above. All four representations update live.

All formats

American

-110

Bet $110 → profit $100

Decimal

1.91

Multiply stake × 1.91 for total return

Fractional

10/11

Profit : stake ratio

Implied probability

52.38%

Bookmaker's implied chance of winning

Derivation · conversion formulas

The math behind the formats

All formats represent the same probability. Decimal odds are the base unit — the cleanest form because they directly express payout-per-unit-staked including stake return. Every other format converts through decimal.

American ↔ Decimal

Positive moneyline (underdog): decimal = american / 100 + 1. At +200: 200 / 100 + 1 = 3.00.

Negative moneyline (favorite): decimal = 100 / |american| + 1. At -150: 100 / 150 + 1 = 1.667.

Reverse (decimal → American): if decimal ≥ 2, american = (decimal − 1) × 100 (positive). If decimal < 2, american = −100 / (decimal − 1) (negative).

Fractional ↔ Decimal

Fractional odds express profit per unit staked. 5/1 means $5 profit on $1 staked. To convert to decimal: decimal = numerator / denominator + 1. So 5/1 → 5/1 + 1 = 6.0. And 10/11 → 10/11 + 1 = 1.909.

Reverse (decimal → fractional): subtract 1 to get the fraction value, then find the nearest simple ratio with denominator ≤ 100. This is why the converter sometimes rounds fractional odds slightly — UK bookmakers do the same.

Implied probability

probability = 1 / decimal × 100%. At 1.909 decimal: 1 / 1.909 × 100 = 52.38%. Reverse: decimal = 1 / (probability / 100). At 40%: 1 / 0.40 = 2.50.

Implied probability is the bookmaker's embedded estimate of that outcome's chance of occurring — inflated by the vig. Strip the vig with the no-vig calculator to find the true probability the market implies.

Quick reference table

American Decimal Fractional Prob
+500 6.00 5/1 16.67%
+200 3.00 2/1 33.33%
+150 2.50 3/2 40.00%
+110 2.10 11/10 47.62%
−110 1.909 10/11 52.38%
−150 1.667 2/3 60.00%
−200 1.500 1/2 66.67%
−400 1.250 1/4 80.00%

Worked example

Converting -300 step by step

Start: American odds
-300 (heavy favorite — betting favorite to win)
Step 1: Decimal
100 / 300 + 1 = 0.333 + 1 = 1.333
Step 2: Fractional
1.333 − 1 = 0.333 = 1/3
Step 3: Probability
1 / 1.333 × 100 = 75.00%
Interpretation
The book implies a 75% win chance. A $300 bet wins $100 profit ($400 total).

Format guide

Which format for which market

American (US sportsbooks)

DraftKings, FanDuel, BetMGM, Caesars, PointsBet — all display moneylines in American format. The minus sign shows favorites (stake to win $100); the plus shows underdogs (profit on $100). Negative odds are never less than -101.

Decimal (Europe, Australia)

Bet365, Unibet, William Hill (UK), Betway, Pinnacle default to decimal. Multiply your stake by the decimal to get total return. 2.00 is even money. Below 2.0 means the outcome is favored; above 2.0 is underdog territory. Simplest format for payout calculations.

Fractional (UK / Ireland)

Horse racing, football pools, and UK betting shops traditionally use fractionals. The ratio shows profit relative to stake — 5/2 means $5 profit per $2 staked ($7 total). "Evens" (1/1) is the equivalent of +100 American or 2.00 decimal.

Implied probability

Useful for comparing across books or against your own model. Odds are meaningless without a probability comparison — if you think Team A wins 60% of the time but the book offers 50% implied probability, you have 10% edge. Use the implied probability calculator to convert any line to a percentage directly.

FAQ

Common questions

How do I convert American odds to decimal?
Positive American odds (e.g. +150): decimal = (american / 100) + 1. So +150 → 1.50 + 1 = 2.50. Negative American odds (e.g. -110): decimal = (100 / |american|) + 1. So -110 → (100/110) + 1 ≈ 1.909. The decimal format always includes the stake return, so 1.909 means a $1 bet returns $1.909 total ($0.909 profit + $1 stake).
How do I convert decimal to fractional odds?
Subtract 1 from the decimal to get the fraction value, then express as a ratio. Decimal 2.50 → 2.50 − 1 = 1.50 = 3/2 (sometimes written 6/4 in UK bookmakers). Decimal 1.909 → 0.909 ≈ 10/11. Most UK fractional odds use simple ratios — bookmakers reduce to the nearest clean fraction. Our converter caps the denominator at 100 for accuracy.
What is implied probability in betting?
Implied probability is the chance of winning the bookmaker's odds imply. Formula: P = 1 / decimal odds × 100. At -110 (1.909 decimal): P = 1/1.909 = 52.38%. The bookmaker needs you to win only 52.38% of even-money bets for them to break even — but they charge 4.76% vig on top, so you actually need to win more than 52.38% to profit.
Why are there three different odds formats?
American odds (moneyline) dominate US sportsbooks. Positive shows profit on $100; negative shows stake needed to win $100. Decimal odds (European) are the simplest: multiply stake by decimal for total return. Fractional odds (UK/Ireland) show profit relative to stake — 5/1 means $5 profit per $1 staked. International bettors compare lines across all three, making a converter essential.
What does -110 mean in betting?
At -110, you must bet $110 to win $100 profit. Total payout if you win: $210 ($110 stake + $100 profit). Decimal equivalent: 1.909. Fractional: 10/11. Implied probability: 52.38%. The -110/-110 spread is the standard US sports betting line — both sides pay the same, meaning the book earns a 4.76% margin regardless of outcome.
What does +150 mean in betting?
At +150, a $100 bet wins $150 profit. Total payout if you win: $250 ($100 stake + $150 profit). Decimal equivalent: 2.50. Fractional: 3/2 (or 6/4). Implied probability: 40%. The positive sign indicates underdog pricing — the bookmaker thinks this outcome is less likely than 50/50.
How does the implied probability relate to the overround?
For a two-way market (e.g. moneyline), both sides' implied probabilities should sum to 100%. They never do — the excess is the overround (bookmaker's margin). At -110/-110: 52.38% + 52.38% = 104.76%. The 4.76% excess is the vig. If you could bet both sides at true 50/50 odds, you'd break even. Instead, you give up 4.76% on every bet. Use the no-vig calculator to strip the overround and find fair odds.

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