How to convert between American and Decimal odds | Odds Conversion in sports betting
Depending on which portion of the world you’re from, you’re likely to be comfortable seeing odds in a certain format. With plenty of online convertors accessible, have you ever wondered how it is simple to convert decimal to American odds and vice versa without using a calculator? Here’s the answer.
Read about the gap between Decimals odds formats and odds.
The common odds formats are the chances that are American and the Decimal. In case you’ve been gambling with European bookmakers, you’re probably used to Decimal odds. Before diving to the nitty of how to convert Decimal to odds that are American , however, there is 1 point that we must describe.
A vital difference between Decimal and American odds (also called»money line odds» or just»lines») is that the US odds are offered both in positive and negative numbers, which means that there are two formulations we have to create use of determined by whether the Decimal chances are greater or less than 2.00, resulting in negative or positive US likelihood respectively.
If he bets 100 units of every currency, the positive figures represent the amount a player will win. US odds of -150 mean which you will need to gamble $150 for a net profit of $100. The negative characters, on the other hand, represent the volume you want to wager so as to make $100 of net profit. Read our article American Decimal chances to learn more about how to calculate gains with various formats odds.
Read more: live summerslam betting odds
