How to convert betting odds – Smarkets Help Centre

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The Way to convert betting odds

Being able to convert fractional, percentage and American gambling odds into decimal odds is vital when comparing costs quickly across internet bookmakers and exchanges.
Betting sites provide a number of unique odds formats. It is vital, however, to understand that regardless of the odds structure presented, the probability is always the same.
It is essential to know how to convert gambling odds, but our odds converter conveniently calculates it for you as well.
Input the chances from the relevant field You’d like to convert
Our odds converter will then convert into all other formats
The inherent system on the Smarkets exchange games stakes between users in percent rates. The available nearest price which you can bet on will be displayed in the Smarkets nearest tick segment.

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Lagai Khai Calculator is simple yet strong cricket betting calculator to track lagai along with khai of any cricket game like
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Disclaimer – Lagai Khai Calculator never supports its customers to involve in any kind of betting whether its legal or illegal in state. Lagal Khai Calculator is fun and entertaining way to track losses or winning because of lagai khai/ gaming at any cricket match.

Odds Converter – Convert Betting Odds

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Fractional Odds

(Also known as Traditional or British)
Used in horse racing and in the united kingdom. Becoming less popular on the internet.
If you win your bets, tell you the amount of gain relative to your bet.
Should you win for example, if you gamble # 10 at odds of 3/1, profit is received by you.
Decimal Odds
(Also known as European)
Common around the world but especially in Europe. Standard on betting exchanges like Betfair.
If you win, including the return of your stake, convey the amount you will get.
For example, if you gamble #10 at chances of 3.75, you will receive #37.50 in complete if you win.
Moneyline Odds
(Also known as American)
Used by US bookmakers.
According to a single wager (on a single outcome, with no points spread)
If the moneyline is favorable, the amount quoted is the amount you would win on a wager.
The amount quoted is that which you’d need to bet to win $100 if it’s negative.

Free Betting Odds Calculator – A Must Have Tool For Sports Bettors

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This is the % that you will need to win a bet with the entered odds so as to break even. By way of example if the odds were +150 that you would have to win that bet 40 percent of the period (4 out of every 10 stakes ) so as to break even. Any percentage greater than 40 percent and you’ll be profiting.
This is a superb tool for beginners which are learning how to use another kind of gambling odds (whether it’s American, Decimal or Fractional which you’re new to). It’s also a great tool to show you how frequently you have to be winning your bets given particular chances to break . A good deal of beginner bettors will take huge underdogs rather than realize how often they will need to win their stakes to simply simply break . For instance if you’re gambling -200 favorites you’ll have to win 67 percent of your bets (2 in every 3) just to break even. This is a great tool for beginners which are learning how to use another type of betting odds (whether it is American, Decimal or Fractional which you’re fresh to). It’s also a excellent tool to explain to you how often you have to be winning your bets given particular chances to break even. A lot of beginner bettors will take big underdogs and not realize how often they need to win their stakes to just simply break even. By way of example if you’re gambling -200 favorites you’ll need to win 67 percent of your bets (two in every 3) just to split even.I hope you find this sport betting odds calculator helpful and don’t hesitate to join to your calculations at any forums you utilize, together with your friends, or in your blog if you have one.

Odds Converter – American Moneylines and European Decimals

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Betting Odds Explained

American Odds — American Odds are the default odds format in most US friendly gambling sites in addition to Nevada sports books. Here chances are expressed as either a negative or a positive amount. When positive the odds represent how much a player will profit on a successful $100.00 wager. So as an example if the odds are +180 a successful $100 wager will yield $280 (the $100 stake + $180.00 win). When the odds are negative they represent how much a bettor must bet to win $100. So $150 staked at -150 yields $250.00 (the $150 stake + $100 win).
Decimal Odds — Decimal Odds, also referred to as European Odds, are employed in most European countries and therefore are the default option of several Asian bookies too. This is the simplest odds format as the chances reflect just there returns a 1 unit wager to understand. For instance a $1 bet at odds 1.91 returns $1.91. This return includes both your stake plus benefit; to calculate how much your return will be just multiple your stake by the given odds.
Odds — Fractional Odds are utilized in the United Kingdom and Ireland. Here the number is the amount and the second number is your stake. So for examples 4/1 is stake 1 to win 4, and 10/11 is bet 11 to win 10. To compute how much a winning wager will benefit, convert the fraction to a decimal and multiply it by the bet. For instance 3/2=1.5, therefore, if wagering in 3/2 a prosperous bet will reunite 1.5 times your stake in winnings and will also return your bet.
Implied Probability — Implied Probability is how frequently a bet must win to ordinary break even. This is calculated as risk/return, therefore for example +200 in American format (3.00 European) is risk $100 to win $200 so a winning wager returns $300 ($100 stake + $200 win). Therefore the implied probability of +200 is $100/$300= 0.3333, that is 33.33%. Because of this you should only wager at +200 in the event that you feel the likelihood of winning is greater than 33.33 percent.

Winning Percentage Calculator – Omni

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If you would like to understand how great the last season really was to your favorite baseball or baseball team, you should definitely give this winning percentage calculator a try. All you need to do is input the number of wins, losses, and ties on the team’s record, and you’ll have an answer in a split second!
Win percent formulation Calculating the winning percent is equivalent to estimating a proportion of wins total variety of matches. If there are no tie outcomes, you Will Need to divide the Amount of wins by the Whole number of matches (wins and losses):
/ games are won by Winning percent = For instance, let us assume your favorite basketball team has played 82 games and won 48 of these. Their percentage is
48 / 82 = 58.54%

What is a Win Bet in Horse Racing? | BetAmerica

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Win Bet — Horse Racing

Horse and jockey crossing the line resulting in a successful win bet Understanding Horse Racing Win Bets
A win bet or Win bet is the simplest bet you can create in racing: just choose the horse you think will cross the finishing line .
You win: if your horse wins. You don’t win if your horse does not win.
What is the bet to get a win wager?
The stake for a win wager is $2. Some monitors have experimented with a $1 or even $.50 alternative, but it has yet to become popular.
Win wagers made online have the same minimum as gambling Win wagers at the monitor.
How do I know what I win?
The pari-mutuel chances you see displayed on the toteboard at the track or online reveal the likelihood of a horse’s probability of winning depending on the currencies bet into every bet’s pool according to a $2 win stake.

Spread Betting Size Calculator — Calculate Bet Size for Free

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Spread Betting Size Calculator

Spread betting size calculator — a completely free tool that allows you figure out the size of the wager in pounds per stage to manage your risks. Spread bet size does not depend on the currency pair you trade or even your account currency, so it’s very straightforward. The formula is: wager dimensions = (money risked / stop-loss amount).
This calculator may work with any trading tool provided by your spread betting broker. Ensure you are entering correct stop-loss amount in your agent’s points. The calculator form uses pounds, but the results are true if your accounts currency isn’t in GBP for a few reason.
It’s essential to know the amount you are risking before engaging to some trade. It is the only method to adhere to a money management plan. It’s a good routine to perform before placing your bets. The amount they may lose in a spread betting position is always controlled by professional traders.
This calculator can be discussed by you and offer your thoughts in a forum topic about it.
You might also find our Fibonacci calculator helpful. You can calculate optimum stop-loss and take-profit amounts depending on the trend extrema.

Sports: Straight Bet

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Sports: Straight Bet

Introduction
The calculator will calculate the house edge for an occasion which has only two potential outcomes, called a”.” Whether it’s a spread from the spread, money line, or complete, if there are only two possible outcomes, then it’s possible to use this calculator. Just enter the line on every outcome, click on”calculate,” and the calculator will tell you the house edge, assuming either side have the exact same house edge.
The calculator defaults to American chances (such as -110, +120). The alternate is European odds, which are expressed on a”for a” foundation (for example 1.9091, 2.2000).
Of course, I am not claiming that both sides always have exactly the house advantage. This is more of a tool. For instance, if a money traces on a are +300 and -450 then the balanced house edge would be 6.38%.

Odds Calculator – Omni

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If you ever wondered exactly what are your chances of winning a bet with odds 3 to 5, then our chances calculator is here to assist you. Having given the betting odds, you will now have the ability to calculate the percentage probability of winning or losing and decide whether the reward is well worth the risk. You will also find out how to figure out the odds ratio using the chances equation.
What are the odds…?
The odds are usually presented as a ratio. As an example, the odds of your football team may be 1 to 5. The chances of you winning a lottery could 1 to 10,000. On the flip side, the likelihood on winning the race of the horse you bet may be equivalent.
What do these numbers mean? There are two varieties of odds ratios:”chances of winning” and”odds of shedding”. For odds of winning, the first number are the odds for success and the next is the chances against success (of losing). For”chances of losing”, the purchase price of the number is changed.
Let us examine these options more carefully. By way of instance, if the odds for a soccer team losing are 1 to 5, it means that there are 5 changes of them winning and just 1 of them losing. That means that if they played 6 times, 5 times would be won by them and lose.