Odds Converter
Convert between fractional, decimal, and American (moneyline) odds instantly. See implied probability and potential returns. Quick reference table of common odds included.
Convert between decimal, fractional, and American (moneyline) odds formats. See implied probability and calculate returns.
Enter Odds
Quick Reference
Converted Odds
Decimal
2.50
Fractional
3/2
American (Moneyline)
+150
Analysis
Implied Probability
40.00%
Return on Β£10 Bet
Β£25.00
Profit: Β£15.00
Formulas
Decimal = Fractional + 1
Probability = 1 / Decimal * 100
American = (Decimal - 1) * 100 (if odds > 2.0)
18+ only. Please gamble responsibly. This tool is for informational and educational purposes only and does not constitute financial or gambling advice. Gambling carries risk and you should never bet more than you can afford to lose. If you or someone you know has a gambling problem, contact the National Gambling Helpline: 0808 8020 133 or visit BeGambleAware.org for free, confidential support.
Why You Need to Convert Between Odds Formats
Sportsbooks around the world quote prices in three different formats. A UK Saturday-afternoon bookie will write 5/1 on his board; the same horse on Pinnacle is shown as 6.00; the same line on a US sportsbook reads +500. They all describe identical probabilities, but the eye gets used to one and stumbles over the others. The converter takes any of the three as input and shows the other two instantly, plus the implied probability and the return on a Β£10 stake.
This matters when shopping around multiple bookmakers, when discussing a tip with someone who uses a different format, or when reading betting analysis written for a US, European or UK audience. Three taps in the converter is faster than doing the maths in your head and removes the off-by-one mistakes that creep in around the evens line (where decimal and American both flip sign and direction).
How the Conversions Actually Work
Decimal to fractional: subtract 1 from decimal, then express as a clean fraction. 3.5 decimal becomes 2.5/1, simplified to 5/2. Decimal to American: if decimal is 2.0 or higher, multiply (decimal minus 1) by 100 and prefix with plus. If lower than 2.0, divide -100 by (decimal minus 1). 1.5 decimal becomes -200 American; 4.0 decimal becomes +300 American.
Implied probability is the cleanest sense-check across formats: 1 divided by decimal odds. A bet at 4.0 has 25% implied probability. At 3/1 fractional, same probability. At +300 American, same probability. If your honest estimate of the actual chance the bet wins is higher than the implied probability, it is a value bet; if lower, the bookmaker has the edge and you should pass.
Common Odds Reference Points
A few benchmarks worth memorising: evens (1/1, 2.0, +100) means 50% probability and equal profit to stake. Hot favourite (1/4, 1.25, -400) means 80% probability; rare in singles, common in heavy-favourite tennis or football lines. Long shot (10/1, 11.0, +1000) means 9% probability; classic Cheltenham handicap or outright market price. True outsider (50/1, 51.0, +5000) means 2% probability; lottery-territory.
Knowing these intuitively turns the converter into a sense-check rather than a calculator. If a bookie is offering 33/1 on something you reckon is a 1-in-10 shot, that is a value bet. If they are offering 5/4 on something you think is genuinely 50/50, you are paying their margin. The [accumulator calculator](/accumulator-calculator) and [betting odds calculator](/betting-odds-calculator) both use the same odds engine, so anything you sense-check here flows through cleanly to combined-bet maths.
Edge Cases: Evens, Decimals Below 2.0, and Negative American
Evens is a special case because it is the boundary between odds-on and odds-against. Decimal 2.0 = fractional 1/1 = American +100 = 50% probability. Anything below decimal 2.0 (like 1.5) is odds-on, where the stake is more than the potential profit; in American this flips to a negative number. Anything above decimal 2.0 is odds-against, with profit larger than stake; American switches to a positive number.
Be careful with very short odds (1.05, 1.10) common in heavy-favourite betting. The fractional reads as 1/20 or 1/10 and the American reads as -2000 or -1000, both ugly. The numbers look strange but the implied probabilities (95%, 91%) are intuitive. The reverse is also true: very long shots (101.0 decimal) read as 100/1 fractional or +10000 American. Both are mathematically fine but psychologically dramatic.
Quick Reference Conversion Table
| Decimal | Fractional | American | Implied % | Return on Β£10 |
|---|---|---|---|---|
| 1.50 | 1/2 | -200 | 66.67% | Β£15.00 |
| 1.91 | 10/11 | -110 | 52.36% | Β£19.10 |
| 2.00 | Evens (1/1) | +100 | 50.00% | Β£20.00 |
| 2.50 | 3/2 | +150 | 40.00% | Β£25.00 |
| 3.00 | 2/1 | +200 | 33.33% | Β£30.00 |
| 5.00 | 4/1 | +400 | 20.00% | Β£50.00 |
| 11.00 | 10/1 | +1000 | 9.09% | Β£110.00 |
| 26.00 | 25/1 | +2500 | 3.85% | Β£260.00 |
Frequently Asked Questions
Why do UK bookies still use fractional odds?
Tradition more than anything. Fractional odds were the standard in British horse racing for over a century and survived the digital transition because punters were used to them. Online UK bookies typically let you toggle the display to decimal, which most professional bettors prefer because it is easier to multiply for accumulators and compare across markets.
Are decimal odds more accurate than fractional?
Both express the same information, so neither is more accurate. Decimal is more precise when prices fall between common fractions (3.45 decimal cannot be cleanly rendered fractionally). Fractional looks cleaner for round odds (5/1, 10/1, evens). Most professionals and exchanges use decimal because it makes maths trivial; most high-street UK punters still prefer fractional because they grew up with it.
What does -110 in American odds mean?
It means you stake $110 to win $100. -110 is the standard line for spread and total bets in American sports because it bakes in the bookie's typical 4.5% margin (called 'juice' or 'vig'). In decimal it is 1.91. Two -110 sides on the same market sum to 109% implied probability, with the extra 9% being the bookmaker's edge.
How do I convert my own probability estimate to decimal odds?
Divide 100 by your probability percentage. If you reckon a horse has a 25% chance of winning, fair odds are 100 / 25 = 4.0 decimal (3/1 fractional, +300 American). If a bookie is offering longer than this, you have a value bet; shorter, and they have the edge. This is the core mathematical idea behind every value-betting system, including matched betting and proper sports modelling.
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