Betting odds can be displayed in three different ways – decimal, fractional or American. This can lead to confusion when you are trying to work out how attractive betting odds are and what your potential winnings will be.
Luckily, Wetten’s odds converter betting makes converting odds to your preferred format a simple process. In this guide, we will outline the different betting odds formats, explain how our betting odds converter works and give you some top tips on how to use it.
Typically, a betting site will give you three different options for how your betting odds are displayed. These three options are:
Decimal
This tells you the potential return on investment. In many ways, this is the easiest way of displaying odds and is favoured by the majority of experienced gamblers. For example, if a horse is given odds of 3 to win a race, a successful $10 bet will give you $30 in return, so a profit of $20.
Fractional
Fractional is the most prevalent way of displaying odds in the UK. Fractional odds display your potential winnings in the form of a fraction. The first figure displayed is how much you will win and the second is how much you stake. For example, odds of 4/1 mean that you will win $4 for every $1 staked.
American
American odds are displayed with either a negative or positive number. Positive numbers tell you how much you would profit if you bet $100. Negative numbers tell you how much you need to bet in order to win $100. The favourite in a market will always carry a negative number, whereas the rest of the market will have a positive.
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How does our betting odds converter work?
Our decimal odds converter betting tool is the quick and easy way of converting odds to your preferred format. All you need to do is input your desired stake and the current odds. The calculator will then display the odds in each of the three formats, as well as telling you your potential payout should the bet win. You can even adjust the decimal odds conversion tool to incorporate doubles, trebles and even accumulator bets.
It makes the perfect
sports betting calculator, putting odds into your preferred format and telling you exactly how much you can potentially win. So whether you want to convert decimal to American odds or change all of your odds to fractional, our odds converter betting tool will do all the hard work for you.
Why should you use our betting odds converter?
Simply put, our betting odds converter makes life a lot easier for you when sports betting online. Putting odds into your preferred format can help you avoid confusion and can potentially stop you from erroneously placing bets. Better yet, you can play around with stakes to discover your potential winnings and identify your ideal betting amount. You can even adjust odds to discover
It is perfect for ensuring you bet responsibly and stay in control of your budget.
Top tips for using our betting odds converter for the first time
The good news is that our odds converter betting tool is extremely easy and user friendly to use. However, you can ensure you get the maximum out of it by following our three simple tips.
Pick your favourite format
Maybe you like the simplicity of decimal odds, or perhaps you have always used the American odds format. Or maybe, you are new to betting and yet to decide on your preferred format. Whatever your situation, take the time to decide which betting odds format is best for you. Which one do you fully understand and are completely comfortable using? Once you have decided, stick to that format and everything will be simple to understand.
Assess the odds
Once you have used the odds converter to put your odds in your preferred format, try to understand the value of that selection. Do the odds accurately reflect the likelihood of the bet winning? If your answer is a resounding yes then you have found a good value bet. If it is a no, then your best option is to move on and look for another bet.
Use multiple betting sites
So you have found your ideal betting format and you have found a good value bet. But before you go ahead and place your bet, check a few other gambling sites to see if you can find even more attractive odds. Discovering longer odds can make a huge difference to your potential winnings. For example, a horse that is 6 to win at one betting site, might be 8 to win at another. If you are betting $10, then using the site with the longer odds will increase your winnings by $20.
Other betting calculators we offer
As well as our essential odds converter betting tool, Wetten also offers a wide range of other sports betting calculators.
Finding your preferred betting odds format really helps your overall betting experience. For example, changing from decimal to American odds might enable you to better understand the value of a bet. Alternatively, a bet that looks unappealing in fractional format, may suddenly appear more attractive after a quick decimal odds conversion.
Of course, the most important issue you need to address is finding your preferred betting odds format. Converting all odds to this format will save you time, money and effort. It will also help you to spot value and find winning bets. Looking for more betting tool guides? Check out our moneyline calculator guide for more useful information.
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Betting odds convertor FAQ
❓ What is a betting odds convertor?
You will come to find that there are several different types of betting calculators. One of these is an odds convertor. In our latest coverage here at
Wetten US, we have taken the time to ensure that you have all the necessary info required to make the most of this calculator, and many more. Read our guide to find out more.
💰 Are betting odds convertors free to use?
There are always a number of sites that will try to charge you when using a betting odds convertor. However, this isn’t the case on all sites. It’s simply a matter of finding the very best calculator from a transparent online site. Take a look at Wetten US to find out more about our betting odds calculator.
📍 Where do I utilize an odds convertor?
There are a wide number of different sites or online pages that have free odds convertors available. However, this doesn’t mean that all of these are reliable and useful. As such, we recommend that you take a look at our latest coverage here at
Wetten US. This will enlighten you as to where you can utilize an odds convertor which will provide you with all that you need.
👉 Are all betting odds convertors the same?
You’ll find that not all betting odds convertors are the same. Certain online calculators are rather superficial while others will provide you with all the features that you require. We recommend that you take the time to find out precisely what constitutes a decent converter for betting odds. Head on over to our latest coverage here at Wetten US to find out more.
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