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Welcome to oddschecker South Africa!For example, if you use a specific betting site and realise they use fractional odds, you can convert those odds to decimal odds that you may be more familiar with. What are the three main odds types?Divide the second number by the total of the first number and second number. Equation: Denominator / (numerator+ denominator ) * 100 = implied probability Example: 4/1 implied probability can be calculated as 1 / (4+1) * 100 = 20% Again, using our betting odds calculator for your odds conversion from decimal odds to implied probability is the simplest solution, but the manual process is as follows. Divide 1 by the decimal, and multiply it by 100%. Equation: (1/ decimal odds) * 100 = implied probability Example: 1 /4.00 * 100 = 25% Implied probability is crucial because it translates complex betting odds into a clear percentage, revealing exactly how likely the bookmaker believes an event is to happen. By comparing this percentage against your own predictions, you can easily identify profitable opportunities via ‘value bets’ where you believe the actual chance of an outcome is higher than what the odds suggest. Most of the new betting sites will also allow you to toggle between different odds types in their settings. Actionable AdviceIf they have a + sign then it shows the amount you win if you bet £100. As an alternative to using our betting odds converter, you can also check out the most common fractional odds below, alongside the decimal odds, moneyline odds and the implied probabilities of each set of odds. Using the Fulham vs West Ham match as an example, you can scan the table to see Fulham are 11/8 to win the match, which can also be written as 2.37 in decimal odds or +137 in moneyline odds, with an implied probability of around 42% of claiming victory. This compares to West Ham who are priced at 2/1 in fractions, 3.0 in decimals and +200 using moneyline odds, with an implied probability of 33%. That’s all you need bet uk gambling sites list to know. Sky Bet: Clear and CompetitiveHowever, some may be interested in the maths behind the conversions too. You can convert fractional odds into decimal odds by dividing the first number (the numerator), by the second number (the denominator), and adding 1. Example: To convert fractional odds of 6/5, start by dividing 6 by 5 to get 1.20. Then add 1, and you’ll get the decimal odds equivalent of 2.20. Converting decimal odds to fractional odds can be a bit more challenging than doing it the other way around, which is why our betting odds calculator is a handy tool to use. You can use our betting odds converter for any participant, market or sport you’d like. Compare Against 3 AggregatorsFor example, if you start with decimal odds of 6.0, simply subtract 1 to get 5.0, which translates to fractional odds of 5/1. Take decimal odds of 3.5 – subtracting 1 gives you 2.5, or 2.5/1. Since UK bookmakers don’t usually display odds with decimals, both numbers are multiplied by 2 to give the standard fractional format: 5/2. To convert moneyline odds into decimals might seem like a difficult concept to grasp, but you’ll be pleased to hear that we found the process relatively simple. Below, you’ll find a couple of examples for converting moneyline odds into decimals. What is arbitrage betting?For positive moneyline (American) odds, you’ll have to divide the money line by 100, before adding 1. Below, you’ll see an example of this process. For negative moneyline odds, you should disregard the negative symbol in front of the odds for calculating it into a decimal. You’ll need to divide 100 by the moneyline odds, before adding 1. Using our betting odds converter to calculate the implied probability is undoubtedly the quickest and easiest method to use, but you can also help to know the manual conversion process. Simply enter the odds you’re wanting to convert, and our odds converter tool will calculate it for you!
Fraction or fractional odds tell you the ratio of profit you’ll win compared to the stake of your bet. For example, fractional odds of 6/1 tells you that you can win 6 times the size of the bet you place.
You should use the type of betting odds you feel most comfortable with. How to Convert Moneyline Odds to DecimalOur odds converter works in each direction, so you can also start by entering the decimal odds 2.75 to find the fractional odds conversion is 7/4. If you’re on this page, there’s a chance you’d like to permanently switch the odds format on your favourite betting site. In most cases, you should look for a settings option, but here’s a summary of the process on a few of the most popular bookmakers’ sites to help you out. There are three different types of betting odds which you can use, and you can typically choose which type of betting odds to use as they should be available on all betting sites. The three different formats have no effect on the odds, they are just alternate ways of using them. Know the odds before you bet!Here are the three odds with examples of what they look like on bet365. Decimal (European) Odds: These odds show you how much you could win for every £1 bet. Fractional (British) Odds: These odds show the ratio of the amount of profit you could win if your bet comes through. Moneyline (American) Odds: These odds are slightly different as they could have a + or a – symbol beside them. If there is a negative sign in front of the number, it shows you how much you need to bet to win £100. Traditionally, UK betting sites use fractional odds, but European sites, and indeed many newer sites, often default to decimal odds instead. How we rank and review the best sports betting appsFind other bet calculators plus hundreds of pounds in attractive betting offers, including the bet365 bonus code and the William Hill promo code. Simply enter the type of odds you’re dealing with (fractional, decimal, moneyline or implied probability) into our betting odds converter. The other ways of describing those odds will then be accurately calculated and instantly displayed. For example, entering fractional odds of 4/1 will show you the decimal equivalent is 5, the moneyline equivalent is +400, and the implied probability is 20%. Using the odds converter helps you to understand any odds you find by converting them to the odds type you are most familiar with. The difference between decimal odds and fractional odds is just the way that they are formatted and presented to you.
There is no difference in the payouts. Odds Converter TableALL bets are NOW most definitely on, so bookmark for the best possible comparison experience for the sporting, casino and bingo worlds – bar none! ENDS Media contact: Greg Rees, Beyond 400 PR, on 07866 613907. This press release was distributed by ResponseSource Press Release Wire on behalf of YFB (YourFreeBet) in the following categories: Men's Interest, Leisure & Hobbies, Sport, Consumer Technology, for more information visit Using the odds converter tool is very straightforward in that the decimal, moneyline and fraction odds will automatically update once you input one value, but we’ll also explain how to calculate odds conversions without the tool below. Converting fraction odds to decimal, or indeed moneyline (American) odds, really is a straightforward process when you use our free odds converter tool. Here’s a step-by-step guide to walk you through it. BetBrain – Perfect for arbitrage opportunitiesEnter the odds you want to calculate. We’ll use the fractional odds of 7/4 as an example. In this case, the 7 would need to be entered in the first ‘fraction’ box, and the 4 in the second, as below. The rest of the boxes will be automatically filled. So here you can see that the decimal equivalent of 7/4 is 2.75, the moneyline odds would be +175, and the implied probability is 36.4%. Lucky 31 explained – Find out all there is to know about the Lucky 31 bet. Lucky 15 calculator – Enter the details of your Lucky 15 bet and find out your potential return. How to switch odds formatCoupon Busters gives you the very best chance of completing accumulators, so simply click the game that busted your coupon, select the team and check out the stats – for the very first digitalised coupon busters review (aka the sh*t list) and the teams to avoid. Knowledge is power via the Stats Centre which offers unrivalled facts and figures on nearly 30 different sports, so apart from the most popular football stats is a sports and betting fans dream with all the latest insider info ranging from American Football to winter sports. The Tips section also features a daily take on the most likely scenarios, based on stats and form, but because there’s no such thing as a professional tip really, here you’ll find pointers and experiences from real people and real punters – and crucially across every type of market. There are also dedicated Live Scores, Bookmaker Review (including ratings) and Bet Calculator sections, while the YFB Club is a unique and free community forum for all things betting, where like minded members can live chat and share/request all the latest on bet tips, recent wins, free bets (no deposit), live odds, offers and promos, plus coupon busters. The Casino section is market leading too with free spins and exclusive offers, live chat with other players, plus in-depth reviews of the top online casinos whether slots, live dealer or mobile sites. Price ConverterPlay poker, roulette, Black Jack, Baccarat and scratch cards with your hand as loaded as is possible. The YFB Academy is also the most comprehensive around and teaches you everything you need to succeed and play like a pro – learn about free bets, sportsbooks, strategies for betting systems, how to read odds, the diverse types of bets and games you can play, plus the differences online. The FAQ section is 2,000 strong and growing; you can ask your own questions and even contribute to the Academy with your own helpful hints. The risks of gambling and sources of support and help also feature strongly and consequently there are details on the different ways to gamble without risk, such as free play. Last, but not least, the sports news section is updated every five minutes, while the TV tab lists everything that’s on, where and when, across the top 10 most popular sports. Betting odds explained – A helpful guide to how betting odds work and how to calculate your returns.
Lucky 63 explained – Find out all there is to know about the Lucky 63 bet.
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