Football
Our Odds Calculator is a simple tool that converts odds from one format into several of its counterparts. In addition, we give you the lowdown on exactly how much profit you can expect to make from a bet if it’s successful.
If odds have been presented to you in a fractional format and you’d like to switch it back to American, all you’ve got to do is fill in the original fractional price, and we’ll do the rest.
Our Odds Calculator is a simple tool that converts odds from one format into several of its counterparts. In addition, we give you the lowdown on exactly how much profit you can expect to make from a bet if it’s successful.
If odds have been presented to you in a fractional format and you’d like to switch it back to American, all you’ve got to do is fill in the original fractional price, and we’ll do the rest.
All calculations are done automatically just fill the inputs
We like to make things as simple as possible. With our odds calculator you don’t need to worry about any fancy formulas or anything like that. We’ll take care of that for you. All you need is enter the odds in the format you’ve found them.
Once the above 4 steps are entered, Betting.com’ Odds Calculator will do the computing for you and will show you immediately the exact value of the odds in the format you are interested in. Further, it will calculate the potential winning for you, meaning that you can have an understanding of the big picture. By knowing the exact value of the odds, you can estimate the potential return of your wagers accurately, and plan your betting moves.
It’s nice to think that we’re all on the same page when we’re talking about betting odds, but just like we have our system for measuring distance and temperature, across the pond they also use different systems for expressing odds.
Odds in the traditional sense are the mathematical representation of likelihood. If you flip a coin, the mathematical odds of the coin landing on heads is 1 in 2, as far as probability goes.
However, that probability can be defined in several different ways. Outside of the realms of gambling, we’d say it was a 50% chance or “50-50.”
The main difference when it comes to betting odds is that these are more a representation of returns in relation to a stake. Let’s go back to the coin-flip example. In terms of odds, this would be represented as “100” as you would need to stake $100 in order to win a further $100 from the sportsbook.
Now, depending on where you are in the world, odds are represented in very different ways. First up, American odds are pretty exclusive to sportsbooks here in the U.S., while decimal odds tend to be most at home in Europe. Finally, our friends over in the UK have stuck to their traditional fractional odds despite the emergence of what some would call more intuitive formats for reading odds.
If you happen to find yourself outside of American shores and placing bets elsewhere, it can be easy to get wrapped up in confusing numbers that you aren’t accustomed to. This is where the betting odds calculator comes in. Once you’ve seen a price you like, all you’ve got to do is plug the numbers into the relevant cell and the American price will present itself to you in a flash.
Finally, the calculator can also come in handy if you are trying out a new handicapper who is native to a country that adopts a different format of odds, and we will talk about that in the below example.
So, you’ve taken us up on our offer of FREE tips on this weekend’s NFL games. You quite like the cut of a handicapper’s jib and want to give some of his selections a try, but you are stopped in your tracks by confusing decimal odds of 1.80.
With the betting odds calculator, all you would need to do is enter the decimal odds of 1.80 into the “decimal” cell and we will convert it right back into American odds, as well as fractional odds if you would like to check those out too.
There’s a lot more to us than a simple odds calculator and we have TONS of tools that can help you on your sports betting journey. Take a look at some of the below options and click the links to find out more: