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Understanding Odds: An Explanation of Decimal and Fractional Odds


Convert decimals to fractions or mixed number fractions. Calculator to change decimals to fractions showing the work with steps. Converts repeating decimals to fractions.

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How to Convert a Decimal to a Fraction. Step 1 Make a fraction with the decimal number as the numerator top number and a 1 as the denominator bottom number. Step 2 Remove the decimal places by multiplication. First, count how many places are to the right of the decimal. The betting odds calculator allows you to input your stake odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets. Bet Sharks have introduced this simple odds converter calculator, it quickly converts odds to and from decimal, fractions and American Moneyline.

An essential odds conversion tool for those serious about betting on all sports, the odds conversion calculator is pretty straight forward to use, full instructions are below if needed. How to use the Odds Converter Tool. Decimal Odds Most Used in Europe, Commonplace around the World. Decimal odds can be quite confusing, especially to those who are used to traditional fractional odds in UK bookmakers.

Decimal odds show the total amount of return on a bet placed. Example Bet 1 on decimal odds of you would get back in total. Odds Shark’s sports betting odds calculator is a great tool for your handicapping arsenal. Find out what you’d win based on the odds and amount wagered. First, you’ll need to enter your odds. The calculator offers four options American, Decimal, Fractional 15 and Implied. The majority of betting sites offer each odds type, so it’s up to you to decide which you like best.

Here at Odds Shark, we use the American style. Next, enter the budgeted amount you want to bet with and our calculator will determine how much money you’ll win, and the total payout you’d receive. We have it set to, but you can input any amount you wish. Just make sure your bankroll can handle it. Sports Betting Odds Calculator Using Moneyline O. How to Calculate Betting Odds. One of the big aspects of understanding the odds which you see at a bookmaker is knowing what they actually mean in terms of probability.

The odds that are presented, are calculated by the bookmaker in relation to what the bookmaker thinks the chances of a certain outcome of a sporting event happening is. For example, a UEFA Champions League match between Liverpool and PSG read Liverpool 65, Draw 135 and PSG 21. Many punters like reading odds presented in the decimal format because it simply tells you what you are going to get returned to you from a bet, including the stake. It is a little bit less cumbersome in converting decimal odds to probability as well.

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Home Bet Calculator Odds Converter.

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Odds Converter Change Decimals, Fractions Find Probability. RATING 96 players voted Loading Fractional. Fraction and decimal odds are the most popular format of odds used by the majority of online bookmakers. An example of a fraction odd is 21 this means that for every 1 a customer bets, you will receive 2 if the bet is to win. Likewise, a 21 bet in decimal form is, also meaning that for every 1 bet, you will receive 2 if the bet is to win.

Simply enter the type of odds you have fractional, decimal, American, or probability from any bookmaker and this will calculate the odds in each other format. For example, if you were to enter 21 in the fraction column this would calculate every other format for you to see. Make your sports betting experience easier with our calculators and convert fractional to decimal odds!

Fractional odds are based on the amount of winnings you will receive for a certain stake. In the fraction, the second number is the stake and the first number, the profit you will make should your wager win. So for example, if an event at 41 wins, you will receive back 4 stakes for every 1 you wagered, plus your original stake back. For example, a 5 dollar bet would net you 4 x 5 which is 20, plus your original stake, making the total To learn more about odds conversion, please visit our odds converter.

Also feel free to visit Decimal to Fractional odds. Convert odds between American, Decimal, and Fractional format using simple odds conversion formulas. Or, skip the math and use the odds converter instead! Remove 1 from the decimal and convert to a fraction, then reduce to simplest form decimal-1 - convert to fraction. Where fractional odds might take a bit of figuring out, decimal odds are straightforward - the bigger the number, the higher the possible return.

The first factor to bear in mind when working with decimal odds is that the backer’s stake is included - so is evens 11 and is 21. This means that, whenever the matched betting calculator is used, decimal odds for both the bookie and the exchange must be input.

To convert fractional odds to decimal, divide the first figure by the second figure and then add To convert decimal odds to fractional, subtract and convert to a fraction, reducing to the simplest form.

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Purpose of Betting Odds Decimal Odds Moneyline Odds Fractional Odds Best Odds Bookies.

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Usage of the Betting Odds Explained in Detail. In the next section, we will have betting odds explained for you. Now, let us explain the betting odds to you so that the next time you are at a sportsbook, you will know what you are doing.

One of the purposes of odds in sports betting is to show how likely a particular outcome is to occur. If the outcome is very likely to happen, the odds are as low as they can be, and vice versa. Normally, the format is expressed as a fraction. Take for instance 51 in decimal odds 6. It serves to show that you can win five units for each unit you stake.

The same goes for 71 in decimal odds 8, which means that you can get three units for each unit you stake. How to use decimal odds to calculate the profit that a bookmaker has factored into a particular market the overround, how to convert old-style fractional odds into decimal odds format and how to use decimal odds to help you take a dutching approach to profitable betting.

In a nutshell, decimal odds are simply decimal numbers that give a person who wants to place a bet a precise idea of how profitable the bet would be if it succeeded. Because knowing how profitable a wager is likely to be is essential to anyone who likes to place a bet, decimal odds are vital to the modern world of betting. This betting odds converter can help you to convert decimal odds into fractional or moneyline oddsdecimal converter.

It may be useful as fraction-decimal converter for converting UKfractional into EUdecimal odds. It also can be used as fraction converter calculator or odds calculator. Betting can be very risky and users should only speculate with money that they can comfortably afford to lose and should ensure that the risks involved are fully understood, seeking advice if necessary. We do not provide advice or recommendations regarding betting or the risks involved.

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Fractional odds express the net return in fractional form from a winning 1 unit bet.

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A winning 10 bet at 12 fractional odds would return for a profit 50 return. Decimal to Fractional Decimal fractional + 1 expressed as a decimal number, e.g. Fractional to Decimal Fractional decimal 1 expressed as a fraction, e.g. When negative, the American odds indicate the number of units that would need to be successfully wagered to win units. When positive, American odds express the number of units that can be won from a units wage. How Does a Betting Odds Calculator Work?

All bettors should be able to understand the elements of a wager, and the mathematics used to determine the return on any stakes for a bet. A betting odds calculator uses the same criteria and mathematical principles a person uses it simply streamlines the process. Let's look Fractional odds are given in fraction form, and consists of the following The amount your wager can yield numerator the amount you bet denominator If you win, you receive your original wager back, as well as your profit.

Decimal odds simply show the fractional odds in decimal format. To convert decimal odds to fractional odds, simply subtract 1 from the decimal, and then convert the remaining decimal number into a fraction. Fractional odds are also known as Traditional or British odds, and there is a reason for that unsurprisingly their are used mainly by UK betting sites and British betting shops. The name also suggest they are showed as a fraction, for example 32 which corresponds to the amount to winamount staked.

For 20 pounds wagered on this odds read as 3 to 2 you are given potential profit of 30 pounds. 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.

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Use our matched betting calculator to work out how much money to stake on your lay bet at the betting exchange to ensure guaranteed profit. Super-charge your matched betting and upgrade to Premium. Training, Daily Offers Calendar, The Each Way Matcher, an awesome Community and more.

Use our matched betting calculator to work out how much money to stake on your lay bet at the betting exchange to ensure guaranteed profit. Use the dropdown menu to get the right results whether you're placing a qualifying bet, a free bet where the stake is not returned SNR, or a free bet where the stake is returned SR.

See the potential profits on both normal and free bets.

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Find out how much you need to back and lay. Decimal to Fraction Calculator. Write the decimal fraction as a fraction of the digits to the right of the decimal period numerator and a power of 10 denominator.

Find the greatest common divisor gcd of the numerator and the denominator. Reduce the fraction by dividing the numerator and the denominator with the gcd. Convert to fraction 32 Find the greatest common divisor gcd of the numerator and the denominator.

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Betting Odds Explained If you have only ever bet with UK bookies then the only odds format you might be familiar with are fractional odds. Modern betting, especially online, is however now a global affair and depending on who you bet with it is now c 41 in fraction therefore now become in decimal, here you are staking 1 and getting returns of 5, your winnings are still 4 it's just that the price included getting your stake back.

Taking the example from fractional odds above for decimal odds you are having a bet but giving your stake away. For, you say I will give you 1 now but if I win you give me 5 back. Calculate bet returns for Accumulator, Lucky 15, Patent, Round Robin and 34 other bet types, with more settling options than any other online bet calculator.

Win Odds can be entered in either Fraction, Decimal or American format, in accordance with the current odds format that can be changed via the Settings. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing.

The team would win 5 out of 6 games and lose 1 of them. By converting fraction to percent, we can say that the chances of winning are 56, and of losing 16. Do you understand how we calculated this percentage?

If not, take a look at the odds formulas. Convert Decimal To Fraction,Fraction to Decimal. Convert Decimal to Fractional. Converting from Decimal to American. Convert from American to Decimal.

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Use our free bet calculator to work out exactly how much profit you stand to win from your selections. Check potential winnings on a single, accumulator, lucky 15 or any other type of bet. Then decide whether you want the odds to be displayed in a fractional or decimal format.

After that, select your stake i.e.

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How much money you want to bet. You will then see three tick boxes. One called each-way’, another Rule4’ and the final one Dead Heat’. We’ll explain what each of these means later on. Finally, enter the odds as provided to you by your chosen bookmaker. If there are multiple selections you wish to make, enter the odds for each of them. Then just click the big Calculate’ button. Both your potential returns and profit will then be displayed. Traditionally bookmakers have always expressed betting odds as a fraction, representing the amount you'd win on your bet if your horse wins the race.

So for example if you placed a 10 bet at odds of 21 you'd win 20, plus you'd get your stake back, giving a total return of With the advent of betting exchanges it's become more and more popular to express odds as a decimal number. This enables the exchanges to provide much smaller increments in odds than is possible using fractions. When odds are expressed as decimals the value is the actual amount you'll receive. The Betting Odds Calculator helps you quickly and easily work out winnings from any combination of bets you can think of.

Select your bets, and whether they win, lose or place, selecting the each way odds in the process. Then place stakes on any combination of bets for your selection and let the app calculate your winnings. Simple, yet effective means to see your potential income. New in Update for WP8 New in Compliance with Nokia Rate My App - Minor bug fixes New in Minor bug fixes New in Added the ability to calculate decimal odds. The complete guide for undestranting decimal odds, fractional odds and american odds.

You can also use the calculator to calculate your potential earnings. Just enter the bet amount, choose the odds format and enter the odds value and press the calculator button the potential gain will be calculated and displayed immediately. We can even help you with an betting odds calculator that has been designed to help you keep track of your wagering records! Decimal odds are the most popular in Europe, Canada and Australia.

They are also known as the European and Continental odds in the UK. They reflect the gains on a successful bet in decimal form and it’s easy to cal.

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Remember, most bet calculators can be switched to and from American odds to decimals and fractions, if you are more familiar with one or the other.

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What Kind of Betting Calculators Are There?

There are really basic sports betting calculators available online, as well as those that go into more complex detail. At the very least, the bet calculator you choose should have various bet types incorporated into it, as well as the ability to switch between American and fractional odds. Some calculators offer a handy comparison guide that shows how much you can win for each bet type, without needing to. Fraction of Bankroll to Wager Vig Calculator and Vig Free Line Calculator.

Calculation Type Alternative Traditional. US Odds Decimal Odds Calculate. A betting odds calculator is a simple tool that allows you to quickly convert different types of odds. Decimal Odds, Fractional Odds 45 and Moneyline Odds are the most common odds formats used around the world that can be converted in a betting odds calculator. A betting calculator also displays the implied probability for odds across all three common odds formats.

This will allow you to calculate exactly how much you stand to profit depending on the stake and odds. Many online bookmakers allow account holders to use a number of free bets.

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Decimal to Fraction Number calculator, example chart to convert decimal point numbers to equivalent fractions. Decimal to Fraction number is also a basic math function used to find the equivalent fraction for the given decimal number.

A decimal number is a base 10 number generally represented by the whole decimal numbers such as 0, 1, 2, 3 and so on or decimal point numbers such as, and so on. A fraction number is a number represented by both numerator and denominator. Our odds calculator will automatically convert decimals into fractions, americans odds into decimals and any other combination you can think of.

There are various different betting odds formats, however the most popular once are decimals, fractional 21 and american.

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Decimals odds are widely popular in Europe, fractional odds are the most common once in United Kingdom and as the name suggest the American odds are the most popular in American and some Asian countries. If it happens you travel or simple have an account with a bookmaker that quotes the odds in a difficult to understand format you can convert them into your preferred odds format. The calculator will convert decimal simple, repeating or recurring into fraction and, if possible, into mixed number, with steps shown.

Even and Odd Trigonometric Functions. Periodicity of Trigonometric Functions. Properties and Graph of the Function ysinx. Multiplication and Division of Rational Fractions. Properties and Graph of the Function ycosx. Math Problem Solver all calculators. Decimal to Fraction Calculator. The calculator will convert decimal simple, repeating or recurring into fraction and, if possible, into mixed number, with steps shown.

In general, you can skip the multiplication sign, so is equivalent to In general, you can skip parentheses, but be very careful eis e3x, and eis e3x. Odds calculators in Bet cards, bet slips, bet coupons. Sports Interaction has an odds calculator in the bet card - just click the odds you want to combine, fill in your stake and boom, your potential winnings are staring at your face.

Change odds format from the bottom left-hand corner of the page. This sports odds converter is helpful in converting decimal odds to the fractional ones used in UK or the moneyline odds used in US. Sports betting odds feature different formats around the world, including three main types utilized in most North American and Euro markets. American moneylines feature a plus to denote the underdog and a minus for the favorite, while British and European standards feature decimals or fractions.

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Understanding betting odds is easy with my simple Betting Odds Explained guide. You'll learn what betting odds are and how they work. Betting odds tell us how much we stand to win if our bet is successful. They can be displayed as fractions or decimals. Traditionally, bookmakers display their odds as fractions, such as 91 on England to win the World Cup.

Fractional odds tell us how much we stand to win in relation to our stake. The number on the left side of the fraction is the amount we stand to win if we stake the amount on the right side of the fraction. So, if we bet on England to win the World Cup at odds of 91, we’ll win, plus our stake back, giving us total returns of.

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Decimal odds explained and how to calculate decimal odds every bettor can find example in this video. Decimal odds is very popular among bettors in sports betting and this kind of odds is convenient to calculate bets, especially if place accumulator.

How to calculate odds in bettingHindi. In this video, learn how to quickly convert matched betting odds in fractional format and from decimal to probability to see how likely an event is to occur. Profit Squirrel is the best place to learn how to make money online with matched betting.

musecrafters.com Odds - Decimals vs Fractions. What are decimal odds and how do you calculate them.

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Fraction to Decimal to Probability. This odds conversion table can work in many different ways for you when checking prices from bookmakers in the UK or making up your own prices. You can either convert fractional odds to decimal, or vice versa, and you also can see the probability for each of the odds in either format too. Also, this is very handy when creating your own tissue prices.

If you worked out a probability, you can convert probability to odds here too. The above example shows why betting odds change depending on how bets are being placed. Bookmakers do not think in fractional or decimal prices, they think solely in percentages and adjust their fractionaldecimal odds accordingly to remain over-round.

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Odds Calculator are usefull for any kind of bet either is a Single Bet or Accumulator bet. Odds Calculator are usefull also for any type of Odds either Money line, Fractional or Decimal Odds. This fraction is also derived by subtracting one from the reciprocal of the possibilities of winning for any odds longer than "even cash," this fraction are going to be Associate in Nursing improper one.[3][4] Odds of "four-to-one" or less normally "four-to-one against" would imply that the gambler stands to.

Decimal odds also are called European odds, digital odds or continental odds and have a tendency to be favoured by dissipated exchanges as a result of they're the best to figure with for mercantilism, during this case the acquisition and sale of upper side and draw back risk.

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The Odds Calculator is expressed in fractional terms, although you can use our Odds Convertor to make sure you have the right prices for each leg of your multiple bet. Several bookmakers also run promotions that means that you can enjoy extra winnings on your accumulator bets. You can sometimes get something called Acca Insurance where it’s money back should one leg of your multiple bet let you down.

Calculate the odds for your accumulator on this page and you’ll know exactly how much you stand to get as a return from your bets. An accumulator bet is a great way of including several short-pric.

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Odds Converter - Convert Betting Odds. Enter the odds in any format and click Convert. Fractional Odds Traditional UK. To convert fractional odds to decimal, divide the first figure by the second figure add so 114, then add. With this type of listing, the first number in the fraction, the numerator, is the amount you would wager and the second number, the denominator, is the payout amount.

The payouts and risk in this example are exactly the same as that in the American example, with the Colts paying a profit for every bet and the Bears offering a profit for every wagered.

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The fraction calculator will compute the sums, differences, products or quotients of fractions and decimals. The calculator will generate a step-by-step explanation on how to obtain the results.

Online Fraction and Decimal Calculator. Guide how to enter data into the fraction and decimal calculator. In fraction and decimal calculator you can enter whole numbers, decimals, fractions and mixed numbers.

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Decimal to Fractional conversion Let’s use a decimal odd as an example Remove 1 from the decimal odd and convert it to a fraction. 1 75 Reduce the fraction to the simplest form. 34 is the Fraction odds equivalent of Decimal odds. Decimal to American conversion There are two methods, one for decimal odds more than and one for decimal odds less than To convert a decimal odd of or higher, let’s use as an example The moneyline equals the decimal odds minus 1 times 1 x + + is the American odds equivale.

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Decimal odds are the modern standard in the online betting industry. Basically, you multiply your stake by the decimal shown and the answer is how much you'll receive in winnings - including your stake.

If you have odds of and stake 1, you'll receive 4 in winnings including your returned stake. Odds displayed as fractions show how much you will win on a bet compared to how much you put on it. If you have odds of 21 and stake 1, you'll receive 2 in winnings not including your stake.

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It’s a traditional to use fractions in the UK and Ireland e.g. In all honestly I think they should be abolished. I don’t find it particularly easy to quantify the value of fractional odds, and the Bookies probably like it that way. Importantly, unlike decimals odds, Fractional odds show us the possible profit without the stake included.

Calculating Profit [Stake x Fraction]. Fractional Odds of 21 profit on a stake. 11 profit on a stake evens or even money. Convert to Decimal [Fraction + 1].

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Betting Calculator Instructions. Here’s how to use the handy odds calculator 1 Choose the stake that you are placing if the bet is each-way, check the box to the right of the screen.

2 Tick the type of bet that you are placing. This is quite self-explanatory and the majority of punters will need to tick either single, double, triple or accumulator. There are other options though for more adventurous bettors. As you can see, there is room for up to 10 different bets to be included. You can either enter the bets in fraction or decimal form, although you can’t mix the two.

4 If your bets are each way, you can adjust the terms of the each way bet on the right side of the page. If you know that your selection has come first, you need to tick the box to the right.

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Convert betting odds easily with our odds calculator see how much you can win based on your stake. Works for American, decimal, fractional implied odds! At WSN, we have created a simple-to-use and free betting odds calculator and converter that lets you convert American, decimal, fractional, and implied odds. It also shows you how much you can win when you bet on specific odds, in whichever format you choose to enter them.

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The betting odds calculator displays the return and profit or loss. There are two stages in the calculation of a double so the use of a betting odds calculator is less time consuming and less prone to inaccuracy. So, let’s assume the bet is a double at odds of 21 and 31 Here are the two steps required to work out the return which is a function of a free bet calculator.

At 21 equals at 31 equals The profit is which equates to odds of 111. The odds are multiplied to calculate the return. The same method is used to calculate the return from a treble which includes three outcomes.

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How To Use The Betting Calculator for Betting Profit Choose the odds format, Fraction or Decimal. Enter the details for the first selection, Odds, Result and where applicable Each Way, Dead Heat and Rule 4. To add more selections, click the Add Selection button.

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How to use the decimal to fraction calculator. This calculator allows you to convert real numbers, including repeating decimals, into fractions. Enter a decimal number in the space above, then press Convert to Fraction to send the number and calculate the equivalent fraction.

You may enter simple rational numbers with the whole portion separated from the decimal portion by a decimal point ex. You may also convert to fractions numbers with infinitely repeating digits by enclosing the repeating digits in parenthesis or by adding ' ' at the end of the number.

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Decimal odds are the standard and most popular method for specifying odds across the globe, particularly in Europe, Canada and Australia. As such, Decimal odds can also be called European Odds or Continental Odds. Best Sports Betting Sites February up to Decimal odds show the total amount you will get back if your bet wins for every 1 unit you stake.

Unlike other types of odds, decimal odds always include the initial stake in the return rather than just the profit. If 1 unit is, then you would get back if the decimal odds were on offer at This return would be made up of profit and initial stake. With decimal odds, is seen as evens.

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musecrafters.com's Fraction to Decimal Number Calculator is an online basic math function tool to convert fraction to decimal numbers. Any fractional number that consists of numerator and denominator shall be converted to its equivalent decimal point number by using this calculator. The associated example chart may help students, teachers, parents professionals to learn, teach or execute fraction to decimal point number conversions efficiently.

Similarly, the decimal to fraction conversion can be done by using this decimal to fraction calculator. Fraction to Decimal Conversion Char.

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The Betting Odds Calculator helps you quickly and easily work out winnings from any combination of bets you can think of. Select your bets, and whether they win, lose or place, selecting the each way odds in the process. Then place stakes on any combination of bets for your selection and let the app calculate your winnings. Simple, yet effective means to see your potential income.

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Convert a decimal number to a fraction. Percent To Decimal Calculator.

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Want to convert fractional odds into decimal odds or vice versa? You can do so using our handy odds conversion calculator below. Simply enter the odds and our savvy tool will automatically do the work for you. At A Glance Betting Odds Conversion Table. Below is an at a glance' odds conversion table. Use this table to convert some of the most common fractional odds, decimal odds and american odds. The odds can be displayed in either fractional, decimal or american formats. Grasping this concept and fully understanding how betting odds work should not only lay the foundation for your betting knowledge, but should also help you be a more successful bettor.

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