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How do you convert Fractional odds into Decimal or American? Read on to find out. It might be obvious to most bettors but regardless of which odds format you use for a bet, the potential profit will always be the same - it is just how these odds are presented that differs. Fractional odds, unsurprisingly, are displayed as fractions. You can use our helpful bet calculator to work out the potential profit and return of your bet in any odds format, but knowing how to work this out for yourself is a critical part of understanding how odds work and ultimately, being able to calculate expected value.
Fractional odds to Decimal odds conversion Converting Fractional odds into Decimal odds is fairly straightforward. To convert a fraction to a decimal, you simply divide the numerator the number left of the divider by the denominator the number right of the divider. This means positioning the decimal number as the numerator and 1 as the denominator. You then multiply the top and bottom numbers by ten until there are no decimal places left.
For example, to convert odds of 1. Converting American odds to fractional odds requires the reverse calculations. For positive odds, this means multiplying the odds by , converting the answer to a fraction and then reducing the fraction to its simplest form. To convert negative US odds, you divide by the odds, turn the decimal into a fraction and then reduce to its simplest form. For decimal odds of 2.
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How To Convert Fractions to Decimals
It also calculates the implied probability of the bet and the profit if the bet wins.
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How to send money from skrill to bitcoin wallet | This a 1. To calculate your potential winnings, you simply multiply your stake by the decimal odds. Read More Winning at Sports Betting Sports betting is about having fun but everyone wants to win too! Implied Probability The concept of implied probability is worth keeping in mind when you try to assess the value of odds from a bookmaker. To convert a fraction to a decimal, you simply divide the numerator the number left of the divider by the denominator the number right of the divider. Decimal odds What are Fractional odds? More reading Lucky 31 explained — Find out all there is to know about the Lucky 31 bet. |
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