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Odds Converter

Convert between decimal, fractional, American, and implied probability formats instantly. Essential for comparing odds across different bookmakers.

Convert Any Odds Format

Accepts decimal (2.50), fractional (6/4), or American (+150 / -200)

Decimal
Fractional
American
Implied Probability
Implied Probability 0%
Remember: Bookmaker odds include a margin (overround). The true probability will be slightly lower than the implied probability shown here. Use our Margin Calculator to find out how much juice the bookmaker is taking.

Common Odds Reference

Decimal Fractional American Probability Description
1.501/2-20066.7%Strong favourite
2.001/1 (Evens)+10050.0%Even money
2.506/4+15040.0%Slight underdog
3.002/1+20033.3%Underdog
4.003/1+30025.0%Longer shot
6.005/1+50016.7%Outsider
10.009/1+90010.0%Long shot
21.0020/1+20004.8%Big outsider
51.0050/1+50002.0%Huge longshot

How to Use the Odds Converter

1

Enter Your Odds

Type in odds in any format — decimal (2.50), fractional (6/4), or American (+150). The converter auto-detects the format.

2

See All Formats

Instantly view the equivalent odds in all four formats: decimal, fractional, American, and implied probability.

3

Compare & Decide

Use the probability bar to visualise the implied chance. Compare odds across bookmakers who use different formats.

Why Understanding Odds Formats Matters

Different bookmakers around the world display odds in different formats. UK bookmakers traditionally use fractional odds (6/4), European bookmakers use decimal (2.50), and American sportsbooks use moneyline (+150). If you bet across multiple platforms, being fluent in all formats is essential.

More importantly, understanding implied probability helps you identify value. If you believe a team has a 45% chance of winning but the implied probability from the odds is only 35%, that is a value bet. This converter helps you make that assessment instantly.

The implied probability also reveals the bookmaker's margin. In a fair coin toss, both sides should be 50% (2.00 decimal). But bookmakers might price both sides at 1.91 — implying 52.4% each, which totals 104.8%. That extra 4.8% is the bookmaker's margin.

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Frequently Asked Questions

What are decimal odds?
Decimal odds represent the total return per £1 stake, including the stake itself. For example, decimal odds of 2.50 mean a £10 bet returns £25 (£15 profit + £10 stake). They are the most common format in Europe, Australia, and Canada.
How do American odds work?
American odds use + and - signs. Positive odds (+150) show how much profit you make on a £100 stake. Negative odds (-200) show how much you need to stake to win £100. They are the standard format used by US sportsbooks.
What is implied probability?
Implied probability is the likelihood of an outcome as suggested by the odds. Decimal odds of 2.00 imply a 50% chance. Note: bookmaker odds include a margin, so the true probability is slightly lower than what the odds suggest.
How do I convert fractional to decimal odds?
Divide the first number by the second and add 1. For example, 6/4 = 6 ÷ 4 + 1 = 2.50 decimal. For evens (1/1), it is 1 ÷ 1 + 1 = 2.00 decimal.
Can I use this for in-play odds?
Yes. This converter works with any odds value regardless of when the bet is placed. Simply enter the in-play odds displayed by your bookmaker to see the equivalent in all other formats.
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