We are excited to show you our FREE Odds Converter, which is a must-have for anyone who bets on sports. Sometimes it's hard to understand and convert between different odds formats. Our odds converter makes it easy to compare chances and calculate your bets.
Our sports betting odds converter tool can quickly and correctly change between different formats for odds. No matter if you need to change from fractional to decimal, moneyline to implied probability, or any other mix, our tool will always give you the right answer.
| Format | Example | Description |
|---|---|---|
| Fractional | 5/1 | Common in the UK |
| Decimal | 6.00 | Popular in Europe and Australia |
| Moneyline | +500/-200 | Used in the US |
| Implied Probability | 20% | Represents the probability of an event |
Our odds converter tool works by taking any given odds format and converting it to another format of your choice. Here's how it works, with examples:
This tool is vital for matched betting as it allows you to quickly understand and compare different odds formats, ensuring you always get the best value for your bets.
You can easily handle the complicated world of sports betting and get the best results by using AiProfit's Oddsmatcher, Odds Converter, and other matched betting tools. For a smooth and profitable betting experience, our tools make sure you always have the most up-to-date information at your hands.
To convert odds to probability, you need to understand how likely an event is to happen based on the odds given. For example, fractional odds of 5/1 indicate that there is a one in six chance of the event occurring, which translates to a probability of approximately 16.67%.
Converting odds to a percentage involves translating the likelihood of an event into a percentage format. If you have odds that suggest an event has a 16.67% chance of happening, you simply express this as 16.67%.
To convert American odds to decimal, you follow a specific process based on whether the odds are positive or negative. Positive odds (e.g., +500) are converted differently than negative odds (e.g., -200), but the result is a straightforward decimal number that represents the same likelihood.
Converting decimal odds to fractional odds involves a bit of basic math. You take the decimal number, subtract one, and then express the remaining value as a fraction. For example, a decimal odd of 6.00 can be converted to a fractional odd of 5/1.
Converting betting odds from one format to another is essential for comparing bets across different platforms and formats. Using an odds converter tool, you can input your current odds and select the format you need. The tool will then provide the equivalent odds in the desired format, making it easy to understand and compare different betting scenarios.