MatchedBetBasics

Odds Converter Calculator

Odds Converter Calculator

Odds Converter Calculator

Convert between decimal, fractional, American, implied probability, and Hong Kong odds formats

Convert Odds

Probability Visualization

Implied Probability: 50.00%
Fair Value Assessment: Even Money

These odds represent a 50% chance of winning. If you believe the true probability is higher, this may represent value.

Potential Returns

Stake
£10.00
Profit
£10.00
Total Return
£20.00

Common Odds Comparison

Decimal Fractional American Probability

Understanding Odds Formats

Decimal
Fractional
American
Probability
Asian Odds

Decimal (European) Odds

Decimal odds represent the total return you'll receive for a winning bet, including your stake. For example, odds of 2.50 mean you'll receive £2.50 for every £1 staked (£1.50 profit plus your £1 stake back).

This format is widely used in Europe, Australia, and Canada, and is the standard format for online betting exchanges.

Formula:
Total Return = Stake × Decimal Odds
Profit = Stake × (Decimal Odds - 1)

Examples

Example 1: Odds of 2.00

With a £10 stake at odds of 2.00:
Total Return = £10 × 2.00 = £20
Profit = £10 × (2.00 - 1) = £10

Example 2: Odds of 1.50

With a £10 stake at odds of 1.50:
Total Return = £10 × 1.50 = £15
Profit = £10 × (1.50 - 1) = £5

Example 3: Odds of 3.75

With a £10 stake at odds of 3.75:
Total Return = £10 × 3.75 = £37.50
Profit = £10 × (3.75 - 1) = £27.50

Value Betting Calculator

Value betting is about finding bets where the bookmaker's odds underestimate the true probability of an outcome. Use this calculator to determine if a bet offers value.

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