Odds in betting are usually given in three main formats: Moneyline (also known as American), fractional and/or decimal. Our betting odds converter will help you convert any one of these three formats into another, and also calculate net profit of a wager too.
Convert American Odds to Fractional or Decimal Odds and vice verse with our Odds Converter.
Calculate the net profit of your wager.
In this article, we’ll explain what each format is and what it means, as well as how to read them.
- Betting Odds Converter
- Convert sports betting odds
- Moneyline Odds (American style)
- Decimal Odds (European style)
- Fractional Odds (British or traditional style)
- How to win money when reading odds
This tool is very useful for working out your profit from your bet and for comparing odds from different online sportsbooks from around the world, such as the UK’s fractional odds that can be hard to work-out.
There are three main types of sports betting odds used by major sportsbooks from around the world, moneyline, decimal and fractional.
- The moneyline is used as a standard by most US sportsbooks.
- Odds based on a straight single outcome (without a points spread).
Example: When positive (e.g +200), this means you will get $200 back as profit from a $100 bet.
When negative (e.g -200), you need to bet $200 to win $100 profit.
- Decimal odds are the most popular style used by sportsbooks and exchanges around the world, especially in Europe.
- Decimal odds show the total amount you can win, which includes your initial stake.
Example: If you bet $10 at odds of 2.5 and win you will receive $25 back in total.
- Fractional odds are found mostly when betting with UK & Irish bookies.
- The odds show the amount of potential profit in relation to your stake.
Example: If you bet $10 at odds of 2/1 and win you will receive $20 profit, plus your original $10 stake back.
Follow the principles of value betting and look for the best odds with good value to ensure you are placing the most secure bet possible.
You should always check out our odds comparison for the major US sports, to find the best odds across the best US sportsbooks before placing a bet and ensure you are getting the best value.