This article focuses on converting American odds, commonly used in the United States, to decimal odds, popular in Europe, Australia, and Canada.
Understanding American & Decimal Odds
- American Odds: These are either positive or negative. Positive odds indicate the profit on a $100 bet, while negative odds show how much needs to be bet to win $100.
- Decimal Odds: This format includes the stake in the total payout and is known for its simplicity in calculation.
How to Convert American Odds to Decimal?
Formula:
The conversion method differs based on whether the American odds are positive or negative.
For Positive American Odds:
Formula: Decimal Odds = (American Odds / 100) + 1
In other words, divide the American odds by 100 and add 1 to the result.
For Negative American Odds:
Formula: Decimal Odds = (100 / Absolute Value of American Odds) + 1
In other words, divide 100 by the absolute value of the American odds and add 1 to the result.
Step-by-Step Conversion from American Odds to Decimal
Positive American Odds:
- Example: American Odds = +150
- Conversion: Decimal Odds = (150 / 100) + 1 = 1.50 + 1 = 2.50
Negative American Odds:
- Example: American Odds = -500
- Conversion: Decimal Odds = (100 / 500) + 1 = 0.20 + 1 = 1.20
Use our Fraction Odds to Decimal, American & Probability Converter
For a quicker, error-free conversion, use our online tool: Fraction Odds to Decimal, American, Probability (Converter), which seamlessly converts decimal odds to fractional, American odds, or even probability percentages.
