Betting Odds Converter
Converts odds between US, decimal, fractional, percentage, Hong Kong, Indonesian,
and Malay formats

Odds Converter Inputs/Outputs
 US Odds: Odds in US format (a negative number expresses the dollar
amount that would need to be wagered in order to win $100, while a positive number
expresses the dollar amount that would be won from a $100 wager)
 Decimal Odds: Odds in decimal format (expresses the amount that
would be returned from a $1 bet *inclusive* of original stake)
 Fractional Odds: Odds in fractional format (expresses the fraction
of a dollar that would be won from a $1 bet)
 Implied Probability: The win probability that would imply zero
vig on the offered line
 Hong Kong Odds: Odds in Hong Kong format
 Indonesian Odds: Odds in Indonesian format
 Malay Odds: Odds in Malaysian format

How to use this sports handicapping tool
This odds conversion
tool converts between
US, decimal, fractional, Hong Kong, Indonesian, Malay
oodds, and implied probability. Enter any one of the seven and
the other six will be computed and displayed.
About International Odds Displays
There are three major formats in which most online
sportsbooks quote odds:
 US Style or "Moneyline".
 European Style or "Decimal" style (aka "European" or "continental").
 Traditional or "Fractional" style (aka "British" or "traditional").
 Many Asian oriented sportsbook will also quote odds in "Hong Kong" style, "Indonesian"
style, and "Malaysian" style formats.
USstyle odds (most common, not surprisingly, found in the United States)
are quoted as either a positive or a negative number.
When quoted as a negative number the betting odds figure represents the unit amount a bettor
would need to risk in order to win 100 units. Hence, US odds of 200 imply
a bettor would need to risk $200 in order to win $100 (so were he to win he would
receive the $200 initial stake plus $100 in winnings).
When quoted as a positive number the odds figure represents the unit amount a player
would win were he to risk 100 units.
Hence, US odds of +200 imply a bettor would need to risk $100 in order to win $200
(so were he to win he would receive the $100 initial stake plus $200 in winnings).
Using USstyle odds, even odds bets are quoted as +100.
Decimalstyle odds (most common outside the US, UK, and Ireland)
are quoted as a positive number greater than 1 (typically displayed to 2 or more
decimal places).
It represents the number of dollars that would be returned if the bet wins including
the initial stake.
Hence, decimal odds of 1.5000 imply that if a $1 bet were to win, $1.50 would be
returned to the bettor (the $1 initial stake plus $0.50 in winnings), while decimal
odds of 3.0000 imply that if a $1 bet were to win $3 would be returned to the bettor
(the $1 initial stake plus $2 in winnings).
Decimal odds of 1.5000 and 3.0000 are the equivalents of US odds of 200 and +200,
respectively. Using decimalstyle odds, even odds bets are quoted as 2.0000.
Fractionalstyle odds (most common in the UK and Ireland) are quoted
as a fraction indicating the amount that would be paid out relative to a given stake.
Fractional odds of 1/2 imply that the bet would pay out 1 unit for every 2 units
risked, while fractional odds of 2/1 imply that the bet would pay out $2 for every
$1 risked. Fractional odds of 1/2 and 2/1 are the equivalents of US odds of 200
and +200, respectively.
Using fractionalstyle odds, an even odds bet would be quoted as 1/1.
Hong Kongstyle odds are quoted as a positive number greater than
0 (typically displayed to 2 or more decimal places).
It represents the number of units that would be collected won in excess of the initial
stake were the bet to win.
Hong Kong odds of 0.5000 imply that if a $1 bet were to win, the bettor would would
collect $0.50 in winngs plus his initial $1 stake, while Hong Kong odds of
2.0000 imply that if a $1 bet were to win, the bettor would would collect $2 in
winngs plus his initial $1 stake.
Hong Kong odds of 0.5000 and 2.0000 are the equivalents of US odds of 200 and +200,
respectively.
Using Hong Kongstyle odds, an even odds bet would be quoted as 1.0000.
Indonesianstyle odds are quoted as a number with absolute value
greater than 1 (typically displayed to 2 or more decimal places).
When Indonesian odds are positive they are interpretted in the same manner as Hong
Kong odds, so Indonesian odds of 2.0000 imply that if a $1 bet were to win, the
bettor would would collect $2 in winngs plus his initial $1 stake.
When quoted as a negative number the odds figure represents the unit amount a bettor
would need to risk in order to win 1 units.
Indonesian odds of 2.0000 imply a bettor would need to risk $2 in order to win
$1 (so were he to win he would receive the $2 initial stake plus $1 in winnings).
Indonesianstyle odds always have onetenth the value of their USstyle counterparts.
Hence Indonesianstyle odds of 2.0000 and 2.0000 are the equivalents of US odds
of 200 and +200, respectively.
Using Indonesianstyle odds, an even odds bet would be quoted as 1.0000.
Malaystyle odds are quoted as a number with absolute value no
greater than 1 (typically displayed to 2 or more decimal places).
When Malay odds are positive they are interpretted in the same manner as Hong Kong
odds, so Malay odds of 0.5000 imply that if a $1 bet were to win, the bettor would
would collect $0.50 in winngs plus his initial $1 stake.
When quoted as a negative number the odds figure represents the unit amount a bettor
would need to risk in order to win 1 units.
Malay odds of 0.5000 imply a bettor would need to risk $0.50 in order to win $1
(so were he to win he would receive the $0.50 initial stake plus $1 in winnings).
Malaystyle odds of 0.5000 and 0.5000 are the equivalents of US odds of 200 and
+200, respectively.
Using Malaystyle odds, an even odds bet would be quoted as 1.0000.
(In all odds formats even odds bets may be quoted as "Even", "Evens" or 'Ev.".)
Associated with any given odds quotation is the win probability implied by those
odds. This represents the probability with which the underlying event would need
to occur to justify those odds. If the real probability were greater than the implied
probability then the bet would be a good bet, while if it were lower it would be
a bad bet. If the real probability were equal to the implied probability then the
bet would be breakeven.
Be sure to check out the rest of our incredibly useful
sports betting tools here on SBRForum and then head over to our
sports betting forum to discuss the latest lines and plays from our
community of handicappers.