Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. Decimals quote the potential return should the bet succeed, relative to the stake. Used mostly in the United Kingdom and Ireland, fractions quote the potential profit should the bet succeed, relative to the stake.
Odds correlate to probability. The moneyline is one of the most common bets. This is a straight-up bet. All you need to do is pick the winning team. The odds would look something like this:. The amount that is set by the oddsmakers is based on how they foresee a game unfolding from a scoring perspective. If you believe the combined score for both teams will be points or more, you would bet the OVER. For point spread bets , the oddsmaker adjusts the line so that the underdog gets an advantage.
You would enter in the American Odds section if you believe Boston will cover or enter in the American Odds section if you think New York will cover. If you bet on the Knicks, then they would have to win by four points or more. If you bet on the Celtics, they would need to win outright or lose by three points or less for you to win your bet. Prop betting is a wager based on occurrences or non-occurrences during a game or season. Props are what we call novelty bets because they can consist of individual player or team milestones, and will appear like so at betting sites:.
If he scores more, your bet loses. Our odds calculator can compute just about everything, including live betting. And Fractional odds are the ratio of the amount of money profit won to the amount of money wagered. The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country.
We try hard to make sure that the site is up to date at all times. However, sometimes things happen beyond our control. Therefore, we assume no responsibility for actions taken as a result of information on this site which does not constitute advice and always recommend you to check terms and conditions before placing any bet.
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Decimal odds are the most widely used format. Their alternate name is European odds, default type for almost all European countries as well as Canada and Australia. Being very easy to understand makes them an easy choice for beginners and a favourite format for many bettors and bet sites across the world. The lower the decimal multiplier is, the higher the implied probability of a wager to be successful.
For example on odds 2. Their even more widely used name is Moneyline odds. Also unsurprisingly used in the United States by different sportsbooks there. Because they can have both positive and negative values, US odds might be a bit tricky to understand for a starter. As you may guess, the Hong Kong odds are usually used by Asia-based users. Similar to the Fractional and Decimal odds, the Hong Kong odds or shortly HK, are very simple to understand and easy to use.
The most important thing to remember is that the evens with Hong Kong odds are presented as 1. Odds higher than 1. For example, a bet placed on 2. Indonesian odds are presented in a format that is similar to their American alternatives in that there are positive and negative types. Both types are based on a unit stake. In the case of Indonesian odds, they are based at a unit stake of a hundred and presented as decimal figures.
The plus sign is usually implied in such odds even if it is not there. Negative bets show the amount that you have to risk to win a unit bet while positive bets show how much you win from each unit bet that you place. They are also called Malaysian odds. Dividing numbers is easy with a calculator. If you need to do long division by hand put the top number of the fraction numerator inside the division bracket and the bottom number denominator outside, to the left of the division bracket.
Complete the division to convert the fraction to a decimal. You can reduce the fraction to lowest terms first to make the long division math a bit easier. You can also see our Long Division Calculator with Decimals to convert a fraction to a decimal and see the work involved in the long division. If you would like help reducing fractions to lowest terms see the Simplifying Fractions Calculator. To convert a decimal to a fraction see the Decimal to Fraction Calculator. Basic Calculator. Fraction to Decimal Calculator.