🎰 Betting Odds Calculator & Converter | The Action Network

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Betting Odds Calculator – Sports Betting Odds Converter
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Guide to Reading Betting Odds: What they Mean \u0026 How to Use Them

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How To Convert Betting Odds

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Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. Odds correlate to probability. All rights reserved.

Decimal: 1 divided by the decimal odds, multiplied by to give a percentage. Google Tag Manager. Prop betting is a wager based on occurrences or non-occurrences during a game or season. Odds Calculator. Negative Odds - : 1 minus divided by the American odds. Close Menu. There are three methods of stating odds that most bookmakers and websites support. 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 you bet on the Celtics, they would need to win outright or lose by three points or less for you to win your bet. Using this information to contravene any law or statute is prohibited. Below is an explanation on how to bet on sports by using our betting odds calculator to get all the data you need to make the right wagers! Most betting sites offer each odds option. Decimal Odds. 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. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Prop Odds: Team and Player Milestones. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. It indicates how much you will win based on the odds and total wagered. OddsShark does not target an audience under the age of Please visit gambleaware. Decimals quote the potential return should the bet succeed, relative to the stake. Fractional: 1 divided by the fractional odds plus 1 , multiplied by to give a percentage. If you bet on the Knicks, then they would have to win by four points or more. The amount that is set by the oddsmakers is based on how they foresee a game unfolding from a scoring perspective. Used mostly in the United Kingdom and Ireland, fractions quote the potential profit should the bet succeed, relative to the stake. Implied Odds. The handicapping, sports odds information contained on this website is for entertainment purposes only. This is a straight-up bet. American Odds. Visit operator for details. For point spread bets , the oddsmaker adjusts the line so that the underdog gets an advantage. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team. The moneyline is one of the most common bets. Negative Odds - : Minus divided by the American odds. If you believe the combined score for both teams will be points or more, you would bet the OVER. The odds would look something like this:. Fractional Odds. American Odds Decimal Odds 1. All you need to do is pick the winning team. Our calculator will take care of the rest. If he scores more, your bet loses. Step 2: Enter the amount of money you wish to bet. We use the American style here at Odds Shark. Odds Shark Top Sportsbooks 1. American Negative Odds - : Multiply the American odds by -1 and use the positive value in the following formula: American odds divided by the American odds plus , multiplied by to give a percentage.