We’ll use the fractional odds of 7/4 as an example. In this case, the 7 would need to be entered in the first bet good betting sites free ‘fraction’ box, and the 4 in the second, as below. The rest of the boxes will be automatically filled.
The most popular are fraction (as above), decimal and American. Decimal odds are popular across Europe and much of the world. To calculate the amount you would win, multiply your stake by the decimal value. For instance, odds of 2.25 will pay out £2.25 if you bet £1 and win. The 3/1 example would be 4.00 in decimal.
The important difference is that the stake has to be added back with fractions but not decimals. American odds with negative symbols (-) indicating the favourite team or outcome and the number following the symbol representing the amount that must be wagered to win $100. If the American odds start with a positive (+), then that indicates what your winnings would be if you wagered $100. Your chosen bookmaker will allow you to select your preferred format - so make sure you understand the odds to make more informed betting decisions and increase your chances of success. A well-planned betting strategy requires staying informed about upcoming horse racing and football events.
Racecards and fixtures provide valuable information about these events, allowing you to analyze the races and matches ahead of time and make informed decisions about which horses or teams to bet on. By keeping track of upcoming events, such as the British Horseracing calendar or the schedules of renowned football leagues like the Premier League and La Liga, you can stay one step ahead of the game and prepare your betting strategy accordingly. With the right information at your disposal, you can take advantage of the many betting opportunities these events present and increase your chances of success. In conclusion, sports and football betting offer thrilling opportunities for fans and bettors alike. By staying up-to-date with race-and-match results, understanding odds, analysing track conditions, and employing expert strategies, you can increase your chances of success in this exciting world of betting. So here you can see that the decimal equivalent of 7/4 is 2.75, the moneyline odds would be +175, and the implied probability is 36.4%. Our odds converter works in each direction, so you can also start by entering the decimal odds 2.75 to find the fractional odds conversion is 7/4. If you’re on this page, there’s a chance you’d like to permanently switch the odds format on your favourite betting site. In most cases, you should look for a settings option, but here’s a summary of the process on a few of the most popular bookmakers’ sites to help you out. There are three different types of betting odds which you can use, and you can typically choose which type of betting odds to use as they should be available on all betting sites. The three different formats have no effect on the odds, they are just alternate ways of using them. Here are the three odds with examples of what they look like on bet365. Decimal (European) Odds: These odds show you how much you could win for every £1 bet. Fractional (British) Odds: These odds show the ratio of the amount of profit you could win if your bet comes through. Moneyline (American) Odds: These odds are slightly different as they could have a + or a – symbol beside them. If there is a negative sign in front of the number, it shows you how much you need to bet to win £100. If they have a + sign then it shows the amount you win if you bet £100. As an alternative to using our betting odds converter, you can also check out the most common fractional odds below, alongside the decimal odds, moneyline odds and the implied probabilities of each set of odds. Using the Fulham vs West Ham match as an example, you can scan the table to see Fulham are 11/8 to win the match, which can also be written as 2.37 in decimal odds or +137 in moneyline odds, with an implied probability of around 42% of claiming victory. This compares to West Ham who are priced at 2/1 in fractions, 3.0 in decimals and +200 using moneyline odds, with an implied probability of 33%. That’s all you need to know.
However, some may be interested in the maths behind the conversions too. You can convert fractional odds into decimal odds by dividing the first number (the numerator), by the second number (the denominator), and adding 1. Example: To convert fractional odds of 6/5, start by dividing 6 by 5 to get 1.20.
Then add 1, and you’ll get the decimal odds equivalent of 2.20.
OddsGuard finds the best price across 75 books in real time — replacing tools that charge $200–$600/month. Using the odds converter tool is very straightforward in that the decimal, moneyline and fraction odds will automatically update once you input one value, but we’ll also explain how to calculate odds conversions without the tool below. Converting fraction odds to decimal, or indeed moneyline (American) odds, really is a straightforward process when you use our free odds converter tool. Here’s a step-by-step guide to walk you through it. Enter the odds you want to calculate. Converting decimal odds to fractional odds can be a bit more challenging than doing it the other way around, which is why our betting odds calculator is a handy tool to use.
For example, if you start with decimal odds of 6.0, simply subtract 1 to get 5.0, which translates to fractional odds of 5/1.
Take decimal odds of 3.5 – subtracting 1 gives you 2.5, or 2.5/1. Since UK bookmakers don’t usually display odds with decimals, both numbers are multiplied by 2 to give the standard fractional format: 5/2. To convert moneyline odds into decimals might seem like a difficult concept to grasp, but you’ll be pleased to hear that we found the process relatively simple.
| Team | Opening Odds | Current Odds | Change | Best Bookmaker |
|---|---|---|---|---|
| Boston Celtics | +600 | +350 | Shortened | BetMGM |
| Denver Nuggets | +500 | +400 | Shortened | DraftKings |
| Dallas Mavericks | +2500 | +1200 | Shortened | FanDuel |
| Los Angeles Lakers | +1200 | +1800 | Drifted | Caesars |
Below, you’ll find a couple of examples for converting moneyline odds into decimals.
| Team | GG.Bet | Pinnacle | Betway |
|---|---|---|---|
| Team Spirit | 3.20 | 3.30 | 3.25 |
| Gaimin Gladiators | 4.50 | 4.75 | 4.60 |
| Team Falcons | 6.00 | 6.50 | 6.25 |
| Xtreme Gaming | 8.00 | 8.50 | 8.25 |
For positive moneyline (American) odds, you’ll have to divide the money line by 100, before adding 1.
| Player | Men's Odds | Player | Women's Odds |
|---|---|---|---|
| Carlos Alcaraz | 2.75 | Iga Swiatek | 3.00 |
| Novak Djokovic | 3.50 | Elena Rybakina | 4.50 |
| Jannik Sinner | 4.00 | Aryna Sabalenka | 5.00 |
Below, you’ll see an example of this process. For negative moneyline odds, you should disregard the negative symbol in front of the odds for calculating it into a decimal. You’ll need to divide 100 by the moneyline odds, before adding 1. Using our betting odds converter to calculate the implied probability is undoubtedly the quickest and easiest method to use, but you can also help to know the manual conversion process.
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Compare prices across major providers in real-time to find the best value for your selections. Extension only loads on supported sports platform websites, so you don't have to worry about your data being shared with third parties. Automatically find and compare the best prices across 75 major providers so you don't overpay. Stay in control and keep your data anonymous. OddsGuard runs silently in your browser, automatically detecting relevant sites and prices without disrupting your browsing.
Set your minimum savings thresholds for when to show better pricing. Show 👍 icon when the best prices are found. OddsGuard is geolocated to your market, so you only see prices for providers that are available in your region. Instantly convert between decimal, fractional, and American price formats with a single click. The same 4-leg parlay can pay $10,000s more at a different sportsbook. Divide the second number by the total of the first number and second number. Equation: Denominator / (numerator+ denominator ) * 100 = implied probability Example: 4/1 implied probability can be calculated as 1 / (4+1) * 100 = 20% Again, using our betting odds calculator for your odds conversion from decimal odds to implied probability is the simplest solution, but the manual process is as follows. Divide 1 by the decimal, and multiply it by 100%. Equation: (1/ decimal odds) * 100 = implied probability Example: 1 /4.00 * 100 = 25% Implied probability is crucial because it translates complex betting odds into a clear percentage, revealing exactly how likely the bookmaker believes an event is to happen.
Whether you’re a seasoned punter or a newcomer to the sport, there’s always more to learn and explore in the fun of betting. OddsGuard overlays real-time prices from 75+ sportsbooks directly on the page you're already on. See +EV alerts, find better lines, save money — automatically. OddsGuard works best in Extension mode — enable it once and we'll overlay the best price across 75+ sportsbooks on every page. Once the extension is on, OddsGuard stamps a live savings badge on every odds button — you'll see better prices before you tap.
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