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Our odds converter tool is a simple and easy-to-use online tool that allows you to convert odds to different formats. Here’s how to use it:
American odds are the most common format used in the United States. They use a plus or minus sign to indicate whether the bet is an underdog or a favorite. If the odds are negative, it means the bet is a favorite and the number represents how much you would need to bet to win $100. For example, odds of -150 means that you would need to bet $150 to win $100. If the odds are positive, it means the bet is an underdog and the number represents how much you would win if you bet $100. For example, odds of +150 means that you would win $150 if you bet $100.
Decimal odds are the most common format used in Europe, Australia, and Canada. They represent the total payout a bettor would receive, including their original stake. For example, odds of 2.5 would mean that a bettor would receive $2.50 for every $1 they bet, including their original stake.
Fractional odds are the most common format used in the UK and Ireland. They represent the potential profit a bettor would receive, not including their original stake. For example, odds of 5/2 would mean that a bettor would receive $5 for every $2 they bet, not including their original stake.
Martingale calculator aids in effective bankroll management and betting strategy
Odds converter simplifies the process of understanding and comparing odds in various formats
We're here to guide you through this remarkable approach with a series of visually captivating infographics.
