Odds Converter
Type a price in any format and this becomes the payout on your stake.
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Type a price in any format and this becomes the payout on your stake.
The Scout’s Notebook
American, decimal, and fractional odds are three notations for the same price, and the bridge between them is implied probability: decimal odds = 1 ÷ implied probability, so −110 = 1.91 decimal = 10/11 = 52.4%.
Implied probability is the number that matters: it is what the price says the outcome's chance is, before the book's margin is considered.
−110 means you must risk $110 to win $100, which is 1.91 in decimal odds and a 52.38% implied probability. The extra 2.38 points over a coin flip is the sportsbook's margin on a standard two-sided market.
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