Understanding Odds Formats
Fractional Odds
Common in the UK and Ireland. Shows profit relative to stake (e.g., 5/1 means $5 profit for every $1 staked).
Decimal Odds
Popular in Europe and Australia. Shows total return including stake (e.g., 6.0 means $6 returned for every $1 staked).
American Odds
Used in the US. Positive numbers show profit on $100 stake, negative shows stake needed to win $100.
Implied Probability
The likelihood of an outcome as implied by the odds, expressed as a percentage.
How to Use This Tool
Step 1 : Enter odds in any format you have (fractional, decimal, American, or probability).
Step 2 : The other three formats will automatically update in real-time.
Step 3 : Use this to compare odds across different sportsbooks and find the best value.
Step 4 : Understanding implied probability helps you identify value bets where the true probability exceeds the bookmaker's assessment.