Odds Converter – Convert Betting Odds
Fractional Odds
(Also known as British or Traditional )
Used mostly in the united kingdom and in horse racing. Becoming less popular on the internet.
If you win your bets tell you the amount of profit proportional to your bet.
By way of example, if you bet #10 at chances of 3/1, you get #30 profit if you win.
Decimal Odds
(Also known as European)
Common around the world but especially in Europe. On betting exchanges such as Betfair standard.
If you win, including the yield of your bet convey the amount you will receive.
As an example, if you bet #10 at chances of 3.75, you will get #37.50 in total if you win.
Moneyline Odds
(Also known as American)
Used by most US bookmakers.
Based on a straight single bet (on a single outcome, with no points spread)
The amount is the amount you would win on a $100 bet In case the moneyline is positive.
If it’s negative, the amount quoted is that which you’d need to wager to win $100.