ODDS CONVERTER
Use the Odds Converter to understand the difference and similarities between different odds formats. Also use this to assess what the implied probability is for the odds you are checking. It is important to have an understanding of this so you can make informed bets at each bookmaker you are using. Not all bookmakers will provide odds that you are used to using, and sometimes it is hard to change the odds that you want to view.
[SHORTCODE HERE]What is also important is understanding the Implied Probability. This will give an insight into what chance the bookmaker views an outcome occurring, which you can weigh up against your own predictions. If you spot discrepancies here then there is an opportunity to extract value.
HOW DO I USE THE ODDS CONVERTER?
All you need to do to use the Odds Converter is enter the Odds in the column of the corresponding Odds Format you currently have. The fields will then automatically populate with the respective Odds in other formats as well as providing the Implied Probability.
WHAT IS IMPLIED PROBABILITY?
In order to understand the implied probability associated with an esports bet, one can employ a calculation that transforms the given odds into a percentage representation. This conveys the probability of a particular outcome in comparison to alternative possibilities, as indicated by the numerical data. Gaining insight into implied probability allows you to better interpret the odds and enhance your overall grasp of betting markets.
ODDS CONVERSION TABLE
| Fraction | Decimal | American | Implied Probability |
|---|---|---|---|
| 1/100 | 1.01 | -10000 | 99% |
| 1/5 | 1.2 | -500 | 83.3% |
| 2/9 | 1.22 | -450 | 81.8% |
| 1/4 | 1.25 | -400 | 80% |
| 2/7 | 1.29 | -350 | 77.8% |
| 3/10 | 1.3 | -333.3 | 76.9% |
| 1/3 | 1.33 | -300 | 75% |
| 4/11 | 1.36 | -275 | 73.3% |
| 2/5 | 1.4 | -250 | 71.4% |
| 4/9 | 1.44 | -225 | 69.2% |
| 1/2 | 1.5 | -200 | 66.7% |
| 8/15 | 1.53 | -187.5 | 65.2% |
| 4/7 | 1.57 | -175 | 63.6% |
| 8/13 | 1.62 | -162.5 | 61.9% |
| 4/6 | 1.67 | -150 | 60% |
| 8/11 | 1.73 | -137.5 | 57.9% |
| 4/5 | 1.8 | -125 | 55.6% |
| 5/6 | 1.83 | -120 | 54.5% |
| 10/11 | 1.91 | -110 | 52.4% |
| 1/1 (evens) | 2 | +100 | 50% |
| 21/20 | 2.05 | +105 | 48.8% |
| 11/10 | 2.1 | +110 | 47.6% |
| 23/20 | 2.15 | +115 | 46.5% |
| 6/5 | 2.2 | +120 | 45.5% |
| 5/4 | 2.25 | +125 | 44.4% |
| 11/8 | 2.38 | +137.5 | 42.1% |
| 7/5 | 2.4 | +140 | 41.7% |
| 6/4 | 2.5 | +150 | 40% |
| 8/5 | 2.6 | +160 | 38.5% |
| 13/8 | 2.62 | +162.5 | 38.1% |
| 7/4 | 2.75 | +175 | 36.4% |
| 9/5 | 2.8 | +180 | 35.7% |
| 15/8 | 2.88 | +187.5 | 34.8% |
| 2/1 | 3 | +200 | 33.3% |
| 11/5 | 3.2 | +220 | 31.2% |
| 9/4 | 3.25 | +225 | 30.8% |
| 12/5 | 3.4 | +240 | 29.4% |
| 5/2 | 3.5 | +250 | 28.6% |
| 13/5 | 3.6 | +260 | 27.8% |
| 11/4 | 3.75 | +275 | 26.7% |
| 3/1 | 4 | +300 | 25% |
| 16/5 | 4.2 | +320 | 23.8% |
| 10/3 | 4.33 | +333.3 | 23.1% |
| 7/2 | 4.5 | +350 | 22.2% |
| 4/1 | 5 | +400 | 20% |
| 9/2 | 5.5 | +450 | 18.2% |
| 5/1 | 6 | +500 | 16.7% |
| 11/2 | 6.5 | +550 | 15.4% |
| 6/1 | 7 | +600 | 14.3% |
| 13/2 | 7.5 | +650 | 13.3% |
| 7/1 | 8 | +700 | 12.5% |
| 15/2 | 8.5 | +750 | 11.8% |
| 8/1 | 9 | +800 | 11.1% |
| 9/1 | 10 | +900 | 10% |
| 10/1 | 11 | +1000 | 9.1% |
| 11/1 | 12 | +1100 | 8.3% |
| 12/1 | 13 | +1200 | 7.7% |
| 13/1 | 14 | +1300 | 7.1% |
| 14/1 | 15 | +1400 | 6.7% |
| 15/1 | 16 | +1500 | 6.2% |
| 16/1 | 17 | +1600 | 5.9% |
| 18/1 | 19 | +1800 | 5.3% |
| 20/1 | 21 | +2000 | 4.8% |
| 25/1 | 26 | +2500 | 3.8% |
| 33/1 | 34 | +3300 | 2.9% |
| 50/1 | 51 | +5000 | 2% |
| 66/1 | 67 | +6600 | 1.5% |
| 100/1 | 101 | +10000 | 1% |
| 1000/1 | 1001 | +100000 | 0.1% |
