Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. Used primarily in the UK and Ireland, fractions quote the potential profit should the bet succeed, relative to the stake. Betting Calculator - Enter your odds and stake to calculate bet.
If you're looking for more information on what fractional to decimal odds are, then read up here. Spreadex provides you with what you need to know.
Decimal odds are the modern standard in the world of online betting, but you may occasionally encounter fractional odds and so it is worth knowing how to.
Football Odds Predictor (Part 1)
3/5 odds in decimal - ipad casino
Converting 'minus' moneyline odds into implied probability formula:. The username or password you entered is incorrect. Converting implied probability into "Decimal Odds" formula:. If the implied probability is less than your own assessed probability of a particular outcome occurring, that outcome represents a value betting opportunity. Skip the math and easily convert odds between Fractional, Decimal and American format:. About International Odds Displays There are three major formats in which most online sportsbooks quote odds: US Style or "Moneyline". This will only help you better understand what the odds represent in terms of value as well as exercising your betting brain to think instinctively in terms of implied probabilities when odds are presented to you.