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Free odds converter

Decimal, fractional and American — bidirectional, real-time, with the implied probability shown.

Odds Converter

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European format · payout including stake
UK format · profit-to-stake (e.g. 5/2)
US format · +underdog / −favourite
Implied probabilityFavourite
50.00%≈ 1 in 2.00
Implied probability assumes a fair book (no overround). Bookmakers price below this.
Common odds
How it works: Decimal 2.50 = 3/2 = +150 = 40% implied probability. Decimal includes your stake; fractional shows pure profit-to-stake. American odds use + for underdogs (profit on £100) and for favourites (stake to win £100).

How to convert betting odds

Type a value into any of the three input boxes — decimal, fractional or American. The other two update instantly with the equivalent prices, and the implied probability card below shows the bookmaker's view of the underlying chance, as both a percentage and a visual bar. The Common Odds quick-pick chips load standard UK prices into all three fields with one tap — handy as a sanity check on whether your typed value reads right.

What the three odds formats actually mean

All three formats encode the same number: the bookmaker's view of how likely an outcome is, expressed differently for different audiences. Decimal is the modern standard everywhere except the UK retail high street — multiply the price by your stake to see total return (a £10 bet at 2.50 returns £25). Fractional is the UK pub-and-paper tradition: the numerator is profit per units of the denominator (5/2 means £5 profit per £2 staked). American is the US sportsbook format: positive numbers show profit per $100 staked, negative numbers show the stake needed to win $100.

The conversion maths is fixed and exact — no rounding, no operator-specific tweak. What varies is the bookmaker's margin baked into the price they actually offer you, which is what bookmaker pricing actually reveals about probability — the full cornerstone reference covers it.

Common UK odds at a glance

Every price a UK punter routinely encounters, in all three formats, with the implied probability worked out.

FractionalDecimalAmericanImplied probability
Evens (1/1)2.00+10050.00%
6/42.50+15040.00%
7/42.75+17536.36%
2/13.00+20033.33%
5/23.50+25028.57%
3/14.00+30025.00%
7/24.50+35022.22%
4/15.00+40020.00%
9/25.50+45018.18%
5/16.00+50016.67%
10/111.00+10009.09%
20/121.00+20004.76%

Related tools and guides

Common questions

What is implied probability?
Implied probability is the bookmaker's view of how likely an outcome is, expressed as a percentage. The formula is 1 ÷ decimal odds. A 2.50 horse has an implied probability of 40%; a 5.00 horse, 20%. Across all the outcomes in a market, the implied probabilities sum to slightly more than 100% — the difference is the bookmaker's margin.
How do I convert 5/2 to decimal?
Add 1 to the fractional ratio. 5/2 = 2.5 + 1 = 3.50 decimal. The same horse pays out at +250 in American format. The implied probability is 1 ÷ 3.50 = 28.57%.
Is +150 the same as 5/2?
No. +150 means $150 profit on a $100 stake, which is 1.5 + 1 = 2.50 decimal, equivalent to 3/2 fractional. The American equivalent of 5/2 (3.50 decimal) is +250. The converter handles this — type +150 and it shows 2.50 / 3/2 / 60.0% implied.
Why do UK bookmakers still quote in fractions?
Tradition, mostly. Fractional notation predates decimal pricing by a couple of centuries in UK racing and is still what most punters mentally read. The on-course bookies and high-street shops display fractional by default; online operators usually show all three. The underlying maths is identical regardless of which format the price is written in.
Are these conversions exact?
Yes — to the precision your input allows. Fractional-to-decimal and American-to-decimal are exact closed-form conversions, not approximations. Displayed values are rounded to two decimal places for readability, but the underlying calculation is full-precision.

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