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Unit converters

Odds to percent converter

Choose an odds format (decimal, fractional, or American) and enter its value, and the converter computes the bookmaker's implied probability of the outcome as a percentage.

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For fractional format, enter it with a slash, like "5/1" or "3/2". For American format, the "+" sign before a positive number is optional.

Result

Implied probability

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Facts and limits of this method

Decimal formula probability = (1 / odds) × 100%
Fractional a/b formula probability = (b / (a + b)) × 100%
American (+) formula probability = (100 / (odds + 100)) × 100%
American (−) formula probability = (|odds| / (|odds| + 100)) × 100%

When it misleads you

How it is calculated

For decimal odds, probability is computed as 100% divided by the odds themselves — the higher the odds, the lower the implied probability.

For fractional odds a/b (such as 5/1), probability is computed as b / (a + b), multiplied by 100%.

For positive American odds (such as +150, an underdog bet), probability is computed as 100 / (odds + 100), multiplied by 100%.

For negative American odds (such as −200, a favorite bet), probability is computed as the absolute value of the odds divided by (absolute value of the odds + 100), multiplied by 100%.

Questions and answers

Why do the probabilities of all outcomes usually add up to more than 100%?

Because odds include the bookmaker's margin (overround) — their built-in profit; this causes the implied probabilities of all possible outcomes to sum to more than 100%, rather than exactly 100%.

What do positive and negative American odds mean?

Positive odds (such as +150) show how much you'd win on a 100-unit stake — used for less likely outcomes; negative odds (such as −200) show how much you'd need to stake to win 100 units — used for more likely outcomes (favorites).

How do I enter fractional "evens" odds (1/1)?

Enter it as "1/1" — this corresponds to an implied probability of 50%.

Is my data sent anywhere?

No, the whole calculation runs in your browser.

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