October 10, 2019

How to convert between American and Decimal odds | Odds Conversion in sports betting

Based on which part of the planet you are from, you’re likely to be comfortable seeing chances in a certain format. With plenty of online convertors accessible, have you ever wondered how you can easily convert decimal to American odds and vice versa with a calculator? Here’s the answer.
Read about the gap between American chances and Decimals chances formats.
The usual chances formats are the Decimal and the odds that are American. In case you have been betting with European bookmakers, you’re probably used to Decimal odds. Before diving into the nitty-gritty of the way to convert Decimal into American chances there is one point that we need to clarify.
A key distinction between American and senile chances (also called”money line odds” or just”lines”) is that the US odds are offered both in negative and positive numbers, which means that there are two formulas we have to create use of determined by if the Decimal chances are greater or less than 2.00, leading to negative or positive US odds respectively.
If he stakes 100 units of every money, the positive figures represent the amount a participant will win. US chances of -150 mean which you will need to risk $150 to get a net profit of $100. The negative figures, on the other hand, represent the amount you need to bet in order to make $100 of profit. Read our post Decimal odds to find out more about how to compute profits with various formats odds.

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