4 1 In Decimal Odds

1. What Is 1 4 As A Decimal
2. 4 1 In Decimal Odds Calculator
3. 4 1 In Decimal Odds Calculator

Decimal odds show the amount that a bettor can win for every $1 staked. The number indicates the total return for the better, not just the profit as is seen in the other two odd formats. Here's an example: The Stars are 1.714 in decimal odds (-140 in American). For every $1 wagered, the bettor profits 71.4 cents, plus the original stake of $1.

• This equals 1.20. Add 1, and you had the decimal 2.20. How To Convert Decimal Odds To Fractional. There are two steps to convert decimal odds into a fraction. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. Example: 3.40 – 1 = 2.40. This creates the decimal odds of 2.40/1.
• Understanding Decimal Odds. Decimal odds take two seconds to calculate, they are simply your stake multiplied by the odds, which then equals your payout. A simple formula for decimal odds is: Your Stake x Odds = Payout. Let's look at a few examples. Say you are backing Manchester United and Man U's decimal odds to win are 1.82, if you.
• For instance, if you have decimal odds of 1.80 this equates to fractional odds of 4/5, but if the price shortens to 1.74, this equates to a strange-looking 37/50. This anomaly is due to the traditional nature of the fractions used by bookmakers, which weren't to the same full scale found in decimal odds.

Bookies from around the world use different odds formats and this can be quite confusing. The United States and Canada use American Odds, also called Moneyline Odds. In Europe most countries use Decimal Odds, also called European Odds, except for the UK which uses Fractional Odds. In Asia there are several different odds formats; the majors being Hong Kong Odds, Indonesian Odds and Malay Odds. The good news is that no matter what the odds format, the payout for amount staked remains the same. I'll explain more, but first note:

What is Implied Probability?

Implied Probability is how often a bet needs to win on average to break even over the long haul. When betting at even money, if we win half our bets and loses half our bets we'd net even. Therefore the implied probability at even money is 50%. If a bookie was giving us 2-to-1 and we lose twice and win once we're even. Therefore at 2-to-1 the implied probability is 33.33%. This is the most important fundamental concept in sports betting. All wagers, no matter what the odds format, have an implied probability. A smart player calculates the chances a team is going to win (actual probability), then examines the implied probability offered by the bookmaker. If the implied probability the bookmaker is offering is less than his calculated actual probability he bets, if not he doesn't bet.

Of course you can use our odds converter on this page to calculate the implied probability for any set of odds. However, when not having this page available it's helpful to know the formula. That formula is risk/return=implied probability, where return is stake+win. For example betting $100 at 1/2 (American Odds: -200, Decimal Odds: 1.50) you're risk $100 to win $50. In this case the return on a win is $150 (your $100 stake + $50 win), and the implied probability is $100 Stake / $150 Return = 66.66%.

Odds Formats Explained

Most all betting sites support multiple odds formats. Using either the account settings feature or a simple drop down box, you can change the format displayed. What happens here is the betting site's software will convert the odds between formats keeping the same implied probability. Understand the payout on monetary amount risked is the same no matter what odds format is used. The difference between formats is more a language issue. Betting developed various places of the world independently long before online betting existed, thus creating multiple formats. Decimal odds, also called European Odds or EUR Odds, are the closest we have to a universal standard, but it is slow to catch on in all markets. For the benefit readers who wish to understand each odds format I'll explain, but again this is a language issue and the odds converter on this page can easily translate.

American Odds Explained

What Is 1 4 As A Decimal

In this odds format, also called Moneyline Odds, the odds are listed as either a negative or positive figure. When listed as positive this is how much profit will be paid on a $100 stake. For example +123 is risk $100 to win $123 profit. When the odds are negative this is how much you need to stake to win $100. For example if -177 is risk $177 to win $100. You can of course bet in any increment you'd like; it does not have to be multiples of $100. The trick here is to move the imaginary decimal two places and if you're dealing with a positive line multiple, and if dealing with a negative line divide. For example $56 staked on +131 would win $56*1.31=$73.36 and $56 staked at -131 would win $56/1.31= $42.75.

Decimal Odds Explained

In this odds format, also called European Odds, the odds represent how much you'll be returned for each 1 unit staked. 1 unit could be $1, £1, €1 or any other currency. For example if you bet €1 at odds 1.91 and win you'll get back €1.91 which breaks down as your €1.00 stake plus €0.91 profit. This is the only of the six odds formats covered on this page where the payout calculation also includes the stake. This is also the easiest odds format to deal with because your payout (which includes stake) is always stake*odds=payout.

Fractional Odds Explained

Fractional Odds, sometime called UK Odds, are a fraction that represents how much you stand to win on a bet. The first number is the payout the second number is the stake. For example 2/1 means get £2 profit for each £1 staked.1/6 means £1 profit per £6 staked; in this case you're dealing with a heavy favorite. To calculate your profit on a win just do out the fraction and multiple by stake. For example 11/5 is 11 divided by 5, which equals 2.2. If you bet £75 on 11/5 you stand to profit £75*2.2=£165 if your wager wins.

Indonesia Odds Explained

Indonesia Odds are offered at Asian bookies. This odds format functions the same as American odds format except here the odds are based on $1.00 stakes and therefore use a decimal. When Indonesian odds are -1.23 the American Odds are -123, when they are +1.31 the American Odds are +131. Here the same trick applies. When the odds are positive: stake*odds=profit. When the odds are negative stake/odds=profit.

Hong Kong Odds Explained

This odds format works the same as Decimal Odds explained earlier, but does not include the stake. When decimal odds are 1.91, Hong Kong Odds 0.91, when Decimal Odds are 4.23, Hong Kong Odds are 3.43. These odds tell you what your profit will be on a win for each unit staked. So if you risk $100 on odds 1.34 your profit is $100*1.34=$134, and you also get back your stake.

4 1 In Decimal Odds Calculator

Malay Odds Explained

This odds format from Malaysia lists odds in either a positive or negative format. Here it's however reversed, when odds are negative you're dealing with an underdog and when odds are positive you're dealing with a favorite. When positive the odds work the exact same as Hong Kong Odds mentioned above. For example: Malay odds 0.91 means risk 1 to win 0.91 profit. When the odds are negative this is how much you'll need to stake to win 1. So for example Malay odds -0.600 means risk 0.60 to win 1 profit.

Betting Sites do the Math

At all online betting sites you'll be shown what either the return or winnings will be on any bet you make prior to confirming. The information covered on this page was just to help players understand how betting odds work around the world. This can sometimes be helpful for reasons mentioned on my South Africa page. At SA bookies, Hong Kong odds are used are called Decimal Odds. Now that Euro bookies are licensed there, there's confusion when these site use regular decimal odds calling them the same name as a different format than punters are used to. Again, the betting sites will show you the payout before your bet is confirmed, and you can also return to this page here to see the betting odds in the format you prefer at any time.

• Asian Bookies
• US Betting Sites
• UK Bookmakers

• NBA Betting
• F1 Betting Guide
• MLB Betting Guide

Chance is a bettor's friend. Outside sports betting, percentage terms are more commonly used when referring to it. Just take a look at a coin toss for an example. If you toss a coin, there is a 50% chance that it will land on heads and a 50% chance of it landing on tails. Any possible outcomes will always sum up to 100%. To complicate things a little further, let's use a six-sided dice as an example. If you roll the dice, there are one in six chances that a particular number will come up. The chance in this scenario can be expressed as 16.66% [(1/6)100 = 16.66%].

Meanwhile in sports betting, odds represent the same principle. Odds are basically the reflection of the probability or chance of a particular outcome in an event. Bookmakers establish prices or odds that will reflect the chances of an outcome taking place. Most online bookies provide you with the choice of which type of odds you want to utilise.

If you have tried betting on the best bookmakers online, you know that there are three types of odds that you will encounter. Europeans are more familiar with decimal odds (i.e. 2.00). On the other hand, US bettors are more familiar with fractional or US odds. It is also important to note that some bookies feature US odds without the option of conversion to decimal odds. Consequently, it can be quite difficult to calculate the odds, especially if you're eager to use your betting bonus codes. So take your time to read the explanation of different odds below so you can gain a better edge on betting.

Decimal Odds

Instead of using percentage terms, bookmakers use decimal odds. Often referred to as European odds, decimal odds are most widely used by sports bettors in Europe, Australia and Canada. They are quite simple to understand, which is also the reason why they are a favourite way of representing of odds across the world.

It's quite easy to calculate your potential winnings with decimal odds. It involves multiplying your stake by the odds. Here is a simple formula for decimal odds:

Potential Payout = Stake x Decimal Odds

Chance is a bettor's friend. Outside sports betting, percentage terms are more commonly used when referring to it. Just take a look at a coin toss for an example. If you toss a coin, there is a 50% chance that it will land on heads and a 50% chance of it landing on tails. Any possible outcomes will always sum up to 100%. To complicate things a little further, let's use a six-sided dice as an example. If you roll the dice, there are one in six chances that a particular number will come up. The chance in this scenario can be expressed as 16.66% [(1/6)100 = 16.66%].

Meanwhile in sports betting, odds represent the same principle. Odds are basically the reflection of the probability or chance of a particular outcome in an event. Bookmakers establish prices or odds that will reflect the chances of an outcome taking place. Most online bookies provide you with the choice of which type of odds you want to utilise.

If you have tried betting on the best bookmakers online, you know that there are three types of odds that you will encounter. Europeans are more familiar with decimal odds (i.e. 2.00). On the other hand, US bettors are more familiar with fractional or US odds. It is also important to note that some bookies feature US odds without the option of conversion to decimal odds. Consequently, it can be quite difficult to calculate the odds, especially if you're eager to use your betting bonus codes. So take your time to read the explanation of different odds below so you can gain a better edge on betting.

Decimal Odds

Instead of using percentage terms, bookmakers use decimal odds. Often referred to as European odds, decimal odds are most widely used by sports bettors in Europe, Australia and Canada. They are quite simple to understand, which is also the reason why they are a favourite way of representing of odds across the world.

It's quite easy to calculate your potential winnings with decimal odds. It involves multiplying your stake by the odds. Here is a simple formula for decimal odds:

Potential Payout = Stake x Decimal Odds

Before you use your bookmakers no deposit bonus, take a look at the examples below to gain a better understanding of decimal odds.

Let's say you're placing a bet on a team with winning decimal odds of 1.82. If you place a £69.55 wager, then the potential return on your bet will be £126.58. Keep in mind that this calculation includes your original stake of £69.55, so your actual net profit on this winning bet would be £57. Simply put the calculation will be:

Potential Payout (£126.58) = Stake (£69.55) x Decimal Odds (1.82)

Always keep in mind that when you use decimal odds, your original stake is included in the calculation of your potential winnings. Hence, when you calculate your potential winnings, always remember to account for your original stake to determine your potential net earnings.

2.0 is the breakeven odds for decimal odds, since these will simply double your stake. If the decimal odds are lower than 2.0, then your potential winnings will be lower than your stake. On the other hand, if odds are higher than 2.0, then your potential payout will be higher than your stake.

Fractional Odds

Also known as UK Odds, fractional odds are more widely used in the United Kingdom and Ireland. This odds format was initially used in horse racing. Needless to say, it is one of the oldest types of odds that long-time bettors are familiar with. Just take a look at the best online bookmakers in the UK and you will see that most of them feature fractional odds.

Like decimal odds, fractional odds are quite easy to calculate simply because they are in fraction form. The second number to the right, or the denominator, is the bet amount while the first number on the left, or the numerator, is the amount that your bet will yield. Let's say you wagered on a team with 10/15 fractional odds. This means that for every $150 bet, you can potentially earn a $100 net profit. If your bet wins, you get $250 ($150 original stake + $100 profit). Simply put the calculation says:

10/15 Fractional Odds: $150 to win $100 = $250

The slash (/) in fractional odds may also be represented by a colon (:). For instance, for a 4:1 (also referred to as ‘four-to-one') odds, the bettor has to wager £100 to make a £400 profit. On the other hand, for 1:4 odds, you would win £25 on a £100 wager. In fractional odds, this simply means you'd have to divide the value of your wager to the value of the denominator to determine how much you can potentially win.

If you want to know how to convert fractional odds to decimal odds, you will be happy to know that the process is also simple. For example, for 4/1 or four-to-one fractional odds, the decimal odds would be 5.00:

4/1 = 4

4+1 = 5.00

4 1 In Decimal Odds Calculator

US Odds (Moneyline Odds)

Also known as ‘moneyline odds,' US odds are mainly used by sportsbooks that cater to bettors in the US. US odds are probably the easiest to comprehend since the odds are represented by the amount that the bettor will have to wager to win $100.

Depending on the bookmaker, you will find two basic types of ‘picks' – the favourites and the underdogs. When you look at sports betting live odd comparisons, you will see that the favourites are identified with a minus (-) symbol. Better chances of winning are present when the absolute value of the number is higher. For example, a -250 favourite has a better chance of winning compared to a -200 favourite. On the other hand, the underdogs are identified with a plus (+) symbol.

$100 is always used as a baseline for US odds. It also means that in favourites, you are required to wager the provided odds to win $100. With underdogs, on the other hand, you have to wager $100 to win the provided odds. For example, if you bet on a -135 favourite, you must wager $135 in order to win a net profit of $100. On the other hand, a +350 underdog will require you to wager $100, but you'll have a net profit of $350.

To convert US odds to decimal odds, simply use the formulas below:

Decimal = (Positive US + 100) / 100

Let's say you're betting on +150:

Decimal = (150 + 100) / 100

Decimal = 250/100

Usa poker online real money. Decimal = 2.5

Decimal = (Negative US + 100) / Negative US

Let's say you're betting on -120 (ignore the ‘-‘ on your calculation) Tiger slots casino.

Decimal = (120 + 100) / 120

Decimal = 220/120

Decimal = 1.83

Converting Odds

To give you a comparison of the values of the different odds format, take a look at the table below.

Understanding betting odds can be quite complicated. That is why it is good to know that there are established as well as latest online bookmakers with odds conversion capability depending on your preference. Online horse racing wagering sites. Browse through HitYah's sportsbooks to discover the top bookmakers online.