Betting percentages table12/5/2023 Any odds over 2.0 will be an underdog.įractional odds are typically written with a slash (/) or hyphen (-) and represent the amount you would win next to the amount you would need to bet.įor example, fractional odds of 10/11 represent that you will win $10 against every $11 you wager. Betting $100 on 1.91 odds you will receive a payout of $191, getting your original $100 wager back plus the $91 in profit.Īny odds under 2.0 will represent a favorite. For every $100 you’re betting, you’re getting 91 dollars back, plus the original stake.Ĭalculating payouts with decimal odds is simple, you can simply multiply your wager by the decimal odds. Please view What is a moneyline bet? for a detailed example of using American odds.ĭecimal odds represent the total return for every $1 wagered, including the money you risked.Īn American moneyline at -110 is 1.91 in decimal odds. If the odds are +110, it means that if you wagered $100, you would ‘win’ (profit) $110.If the odds offered on a particular selection are -110, that means in order to ‘win’ (profit) $100, you would need to wager $110.When using the American odds format, wagers are based on a $100 standard betting unit. Here at DraftKings, there are three betting odds formats:Īmerican odds show the amount you must wager, or the amount you can win, based on $100 increments.Īmerican odds are traditional in the United States, and displaying odds in the American format is the default setting for DraftKings Sportsbook. This will calculate your potential payout for you. In our DraftKings Sportsbook, you can tap on any set of odds, represented by the green numbers (ex. Odds also show you how much money you could win from a wager. Odds of 1.40 conversion (-100) / (1.Odds are how likely an event or outcome is to happen. When converting decimal odds to American odds there are two different formulas depending on whether you are converting odds of 2.00 or higher or odds under 2.00.Ĭonverting odds of 2.00 or higher: You take (decimal odds -1) * 100 Odds of -200 conversion (100/200) +1 = 1.50 How to convert Decimal Odds to American Odds Odds of +345 conversion (345/100) + 1 = 4.45Ĭonverting negative odds: You divide 100 by the odds and add 1. When converting American Odds to decimal odds there are two different formulas you use depending on whether you are converting positive odss (+) or negative odds (-).Ĭonverting positive odds: You divide the American odds by 100 and add 1. Odds Conversion Formulas How to convert American Odds to Decimal Odds Decimal Odds Converter, Moneyline Converter, Odds Conversion Table Decimal Odds The 'Percentage' column displays the relevant winning percentage or implied odds for the corresponding decimal and American odds. All odds whether they be displayed in decimal or American format are a representation of a percentage chance of the wager winning. Easily convert Decimal odds to American Odds and view the Percentage (implied odds).
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