Betting Odds To Percentage
- To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10. 5) / 2, which equals $25.
- The bookie will tweak the odds and frame a market with horses under and over there true odds to shift the percentages in his favour. The below market has been framed by the bookmaker to change the percentage.
- For example, if you enter American odds of -125 into the US odds box, it will tell you that this equates to 1.8000 in decimal odds, 4/5 in fractional odds, 0.8000 in Hong Kong style, -1.2500 in.
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Fractional odds conversion to percentage Fractional odds are generally the most traditional form of expressing betting odds. They are a simple reflection of the return you will receive for a particular.
How To Calculate Odds Payout
By convention only a set of fractions are used in fractional odds betting markets. The set does not include exact mathematical equivalents to all possible decimal and American odds. We use the closet fraction that is used in betting markets.
For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter.
For an explanation of the odds types on this table see decimal, fractional and American odds. To find out what the numbers really represent see understand odds as probability with overround.