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Odds converter

Convert between decimal, fractional and American odds, and see the probability each price implies.

Decimal
2.50
Fractional
3/2
American
+150
Implied probability
40.00%

The three formats say the same thing in different words. Decimal odds include your stake, so 2.50 returns 2.50 for every 1 staked. Fractional odds show the profit only, so 3/2 returns 1.50 profit plus your 1 back. American odds show what you must stake to win 100, or what 100 wins, depending on the sign. The implied probability is 1 divided by the decimal price.

How it works

The three formats say the same thing in different words. Decimal odds include your stake, so 2.50 returns 2.50 for every 1 staked. Fractional odds show the profit only, so 3/2 returns 1.50 profit plus your 1 back. American odds show what you must stake to win 100, or what 100 wins, depending on the sign. The implied probability is 1 divided by the decimal price.

Worked example

Decimal 2.50 is 3/2 fractional and +150 American, and implies a 40% chance. Decimal 1.50 is 1/2 and -200, and implies 66.67%.

Common questions

Why do the implied probabilities add up to more than 100%?

Because the bookmaker's margin is built into every price. Add the implied probability of every outcome in a market and the total comes to more than 100. The margin calculator shows how much more.

Is the fractional price always exact?

Not always. Decimal prices are converted to the closest sensible fraction, so 2.37 shows as a fraction you could say out loud rather than an unreadable one. Use the decimal figure when the exact number matters.

Which format should I use?

Decimal is the easiest to compare across bookmakers, because bigger is always better and working out the return is one multiplication. Most bookmakers available in Africa show decimal by default.

Other calculators

These figures are arithmetic on the prices you enter. They are not a prediction, and they do not change the chance of your bet coming in.

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