Just like someone’s personal preference to phones and internet browsers, bettors usually have their favourite odds format. Therefore, we thought it would be useful to provide our users with a handy betting odds convertor calculator.
Our betting odds convertor tool on this page will convert odds from the three main formats usually found online. We will explain how these formats work and why we think this betting odds convertor tool will be of use to you in your everyday betting routine. We have several betting calculators you may find useful, which are explained below.
What is a Betting Odds Converter – a new free tool
Put simply, a betting odds convertor calculator displays the betting odds from an undesired betting format into a preferred betting format of your choice. Of course, it does not matter what sport you are betting on, as the odds will all be the same regardless. In fact, the odds are the same, except they may look vastly different.
Historically, fractional betting odds formats were the standard format used by most UK sportsbooks and physical betting shops; decimals used to be mainly used in Eurozone sportsbooks; USA odds were, as the name suggests, mainly used in the USA. Fractions are still the most prevalent odds format in the UK and most UK bookmakers still have their default odds settings within their websites fixed at fractional. However, with the introduction of betting exchanges and younger bettors seemingly preferring the decimal formats for easier calculations, the need to be aware of how these odds convert has become of higher demand.
Welcome the betting odds convertor
So, we thought it was about time to give the betting public what they need, without the need to solve a long mathematical equation, just to convert 9/4 into the 3.25 odds in decimal. Below, we will discuss why we think you’ll like our new betting odds convertor calculator.
Why you need a Betting Odds Converter – speed is of essence
Some of our betting experts at Betting.net remember the days of having to convert fractions to decimals or decimals to USA odds. Thankfully, those days are long behind us, and we cannot wait to present our new free betting calculators available.
Years ago, a bettor would need to convert an equation, similar to the one found below
For 13/8 odds:
13 divided by 8 is equal to 1.625, add a whole number 1 = 2.63, when rounded-up.
The process of calculating this in reverse, from decimals to fractions is a harder process.
For the sake of your sanity and preservation of your time, it is a wiser choice to use a sports betting odds calculator such as the betting odds convertor that can be found on this page, free to use. Within this calculator are all the necessary mathematical formulas programmed algorithmically for speedy use. Now you do not need to trawl through website settings, or worry if you think you are unsure of the odds available, the answer is at hand, one click away. A good idea would be to bookmark this page for convenience.
Betting exchanges are becoming ever more popular in modern day betting and many bettors are now choosing to have the choice of betting with several sportsbooks and a betting exchange. The reason they like this is that having these numerous choices ensure that the bettor is more likely to obtain the best value prices on the market, when having more options at hand.
Problems can occur when the bettor is not familiar with the compulsory decimal odds format found on the betting exchange and they can find themselves in unfamiliar territory, not knowing how to evaluate a potential bet, due to being unaware of the true reflection of the betting odds in decimal format.
Why you need to use Betting Odds Converter – Knowledge is power
The need for using a betting odds calculator is increased if a bettor practises strategic betting. This technique requires the bettor to make fast decisions, as betting odds do not remain the same for long, and opportunities can pass in a fleeting moment. Therefore, having a tool like the betting odds convertor calculator found on this page will help in situations like this. Granted, if someone is a very regular bettor and uses this tool often enough, the need to keep visiting it will decrease a lot. Repetition ingrains knowledge and the bettor will inadvertently find themselves becoming very sharp at knowing how to convert decimals to fractions, vice versa, or even US odds to decimals, for example.
The recent legalisation of many betting states within the USA has also led to many new sportsbooks being introduced in America. The default setting for these sportsbooks will, of course, be USA odds which are very different to both fractions or decimals formats.
A typical American moneyline odds may look like this NFL game, below.
-100 Baltimore Ravens
-110 Cleveland Browns
As you can see, these odds look very unfamiliar. But once we plug those odds into the betting odds convertor they make more sense to us:
EVENS Baltimore Ravens
10/11 Cleveland Browns
2.0 Baltimore Ravens
1.91 Cleveland Browns
It is amazing how just a simple visual representation displaying familiar odds changes our perception on whether we think we’ll bet on the event we are looking at. We can quickly evaluate if we think the bet is worth it or not.
Top tips for using the calculator for the first time – common mistakes
When using this interesting calculator for the first time you will want to make sure you input all the data correctly, here’s some tips we have found helps:
This might seem counter-intuitive, especially when looking for the best odds, which sometimes are short-lived. However, it is better to get familiar with the new tool and not make any costly mistakes.
As mentioned earlier, this tool will prove an educational tool just as much as a workhorse! It will not be long before you are able to impress your fellow betting buddies with your slick instinctive odds converting skills.
Palpable errors are an erroneous price that displays on a bookmakers website or comparison site. The word “palpable” is a word bookmakers use for noticeable mistakes. We recommend double-checking if you ever witness any odds that seem too big. In horse racing, non runners are the main cause for this.
Other calculators we offer – all free to use
If you have enjoyed our betting odds convertor app, then why not take a look at the other sportsbetting odds calculator versions that we have on Betting.net.
Betting odds calculator -This versatile, easy-to-use bet calculator can work out potential profits for several types of bets. This calculator is a good first port of call for general bets.
Parlay calculator – Often called “multiple bets” or accumulators in the UK, this tool can be used to calculate those bigger bets, such as parlays.
Odds value calculator – This is a great tool that can be used for strategic betting purposes. Work out how valuable this bet really is by entering the odds of the selections.
Hedging calculator – This great piece of kit allows the user to calculate what they will get for hedging their original bet. Hedging can be used for at least two main reasons. First, to secure a profit, regardless of the outcome. Second, to minimize losses, if the bet is looking less favourable.
Sports betting hold calculator – A probability based calculation, displaying the hold percentage margin that the bookmaker sportsbook takes on both sides.
Spread to moneyline converter – Unfamiliar with spread betting odds or vice versa? Compare spread odds against fixed odds/moneyline with this new, unique conversion calculator.
Conclusion – get converting!
We hope we have provided some value and a deeper insight into the various odds formats bookmakers offer and also how they work. Having a deeper understanding of betting odds formats can only improve your game and consequently put you at an increased advantage of profiting that bit of more.
Feel free to use our new, free betting odds converter calculators and why not bookmark this page to ensure you can always find it when time may be precious!
You can find many free odds conversion calculators at Betting.net. We have provided a guide to instruct you what sports you can use to convert these odds effectively, ensuring you never miss-out on the perfect betting opportunity. The calculators also save a lot of time, which means you have more time to concentrate on placing profitable bets.
What is odds conversion?
Odds conversion is becoming ever more important with the new introduction of sports betting in the USA. Not only this, betting exchanges are becoming increasingly popular and these are predominantly displayed in decimals. It’s time to get wise to saving time by using an odds conversion calculator. At Betting.net we have over six to choose from.
How do I convert fractions to decimals
Years ago every serious bettor was used to pulling out their calculator and typing in a long mathematical equation, just to calculate odds from fractions to decimals. Even worse, when the math was performed the opposite way around, from decimals to fractions, this is an even harder task. Welcome the new sports betting odds converter app at Betting.net. Tell a lie, there are six to choose from, so come make good use of our new tools!