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Odds Converter

Type any format. The others update instantly.

About the Odds Converter

Sportsbooks publish odds in different formats depending on the region. American (+150, −200) dominates US books, decimal (2.50) is standard in Europe and most exchanges, fractional (3/2) is the traditional UK and horse-racing notation, and Hong Kong, Indonesian, and Malay are common across Asian markets. The numbers all describe the same underlying probability. They're just different ways to write it down.

This tool converts between all seven formats at once. Type a value in any field and the other six update instantly, so you can compare prices across books that quote in different formats or sanity-check a number you've been given.

Worked example

The table below shows the same odds expressed in every format. A +150 underdog in American is the same bet as 2.50 decimal, 3/2 fractional, or a 40% implied win probability.

Scenario Decimal American Fractional Implied % HK Indo Malay
Heavy favourite1.25−4001/480.000.25−4.00−0.25
Slight favourite1.67−1492/359.880.67−1.49−0.67
Even money2.00+1001/150.001.001.001.00
Slight underdog2.50+1503/240.001.501.50−0.67
Heavy underdog5.00+4004/120.004.004.00−0.25

What implied probability tells you

Implied probability is the win rate a bet would need to break even at the offered price. If a book lists +150 (40% implied), and you think the true probability is higher than 40%, the bet has positive expected value. If your estimate is lower, you're paying the vig with no edge.

Sportsbooks build a margin (the vig or juice) into their lines, so the implied probabilities on both sides of a market typically add up to more than 100%. Comparing the book's implied number to your own model is the simplest first check before placing a bet.

Format reference

Decimal (2.50)
Total return per 1 unit staked, stake included. Multiply your stake by the decimal odds to get your full payout.
American (+150 / −200)
Positive number = profit on a $100 stake. Negative number = stake needed to win $100. Used by all US sportsbooks.
Fractional (3/2)
Numerator over denominator equals net profit per unit staked. 3/2 means risk 2 to win 3, plus your stake back. Common in UK and horse racing.
Implied probability (40%)
The break-even win rate at the offered odds. 1 / decimal odds × 100.
Hong Kong (1.50)
Net profit per unit staked, stake not included. Decimal odds minus 1.
Indonesian (1.50 / −2.00)
Same as American but divided by 100. Positive = profit per 1 unit, negative = stake needed to win 1 unit.
Malay (0.50 / −0.67)
Capped between −1 and 1. Positive means underdog (profit per 1 unit), negative means favourite (stake needed to win 1 unit).