Use Bettingmetrics odds calculator to easily convert any odds into your preferred format. Understanding the odds will help you compute the potential outcome and improve your bankroll management. Our odds calculator will automatically convert decimals into fractions, americans odds into decimals and any other combination you can think of.
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Using our odds calculator is really simple and it only requires you to do enter the value of the odds into the cell describing the initial format of the odds - everything else is automated. It will literally will get the job done for you on 4 steps as described below:
1.Enter the original odds into the corresponding cell of the odds calculator. For example, if you want to convert fractional odds into decimals, simply enter the fraction odds into the cell
2. Once you enter the original cell into the appropriate cell we will do the computing automatically for you
3. Add the stake with which you are planning to bet
4. We will show you the potential payout based on the odds and stake you have entered
Once the above 4 steps are performed Bettingmetrics odds calculator will do the computing for you and will tell you the exact value of the odds in the format you are interested. Further we will compute the potential winning for you so you can have understanding of the big picture. By knowing the exact value of the odds you can estimated accurately the potential return of your wage and plan your betting moves.
Understanding the idea behind the betting odds and how they work is fundamentally important about your betting results. So let’s actually try to answer the major questions “What are odds?“. The easiest way to explain what odds are is by saying that they are a numerical representation of how likely an event is to take place. In betting it is slightly different as the odds are a representation of payoff to stake, for example they tell you how much you will money you receive back if you your bet wins.
To clarify further betting odds are linked to the probability of the event in question so if you take the throwing of a die as an example you know that it has six sides each with a different number on it from one to six. This means that the probability of throwing a three is 5/1 as every one time you get three you would expect another five times to get one of the other numbers.
There are various different betting odds formats, however the most popular once are decimals (1.36), fractional (2/1) and american (-100). Decimals odds are widely popular in Europe, fractional odds are the most common once in United Kingdom and as the name suggest the American odds are the most popular in American and some Asian countries. If it happens you travel or simple have an account with a bookmaker that quotes the odds in a difficult to understand format you can convert them into your preferred odds format. You can use a mathematical formula to that manually or simply benefit from the technologies available and use odds calculator. Odds calculator is also know as a odds convertor so if you are speaking with someone who talks about odds converter he is speaking for an odds calculator. We have covered the topics of how to convert odds in an extensive guide and provide detail explanation how to do it - so if you are that type of a person fell welcome to read “How to convert betting odds” where you will find everything you need.
Alternatively you can use out odds calculator above and have everything automatically calculated for you in just seconds - do not worry it is absolutely free to use it.