👨‍💻 Developed by Kevin Lee 🔬 Tested on 25,000+ conversions 📅 Updated Mar 22, 2026

Free Odds Converter 2026

Convert American odds to Decimal, Fractional, and implied probability instantly. Used by 25,000+ bettors monthly.

🔄 Interactive Odds Converter

Converted Odds

American +150
Decimal 2.50
Fractional 3/2
Implied Probability 40.00%

📘 How to Use the Odds Converter

Step 1

Choose Input Format

Select the odds format you have: American, Decimal, or Fractional.

Step 2

Enter Odds Value

Input the odds value (e.g., +150, 2.50, 3/2).

Step 3

View Converted Odds

Instantly see the converted odds in all other formats and the implied probability.

🔍 Understanding the Results

American Odds

Positive numbers show profit on a $100 bet (e.g., +150 → win $150). Negative numbers show how much you need to bet to win $100 (e.g., -200 → bet $200 to win $100).

Decimal Odds

Total payout per $1 bet (including stake). Example: 2.50 means you get $2.50 back for $1 bet – profit $1.50.

Fractional Odds

Profit relative to stake. 3/2 means you win $3 for every $2 bet.

Implied Probability

The likelihood implied by the odds, assuming no vig. Useful for finding value bets.

📊 Common Odds Conversions

AmericanDecimalFractionalImplied Probability
-2001.501/266.67%
-1501.672/360.00%
-1101.9110/1152.38%
+1002.001/150.00%
+1502.503/240.00%
+2003.002/133.33%
+5006.005/116.67%

📍 Odds Converter by State

Personalized odds converters for legal sports betting states.

🎰 Odds Converter by Sportsbook

Convert odds used at top sportsbooks.

⚙️ Advanced Features

📘 Odds Formats Explained

Deep dive into American, Decimal, and Fractional odds.

Read Guide

🔌 API Documentation

Integrate our odds converter into your own site or app.

API Docs

📥 Download Odds Conversion Chart

Printable PDF with common conversions.

Download PDF

📌 Real-World Examples

Example 1: American to Decimal

+150 American = 2.50 Decimal. For a $10 bet, total return = $25 (profit $15).

Example 2: Fractional to Implied Probability

5/1 fractional = 6.00 decimal = 16.67% implied probability. If you think the true chance is 20%, it's a value bet.

❓ Frequently Asked Questions

How do I convert American odds to Decimal?

For positive odds: (American/100) + 1. For negative odds: (100/|American|) + 1. Our converter does it instantly.

What is implied probability?

It's the probability implied by the odds, assuming no bookmaker margin. Calculated as 1 / Decimal odds.

Why do different sportsbooks show different odds formats?

American odds are standard in the US, Decimal in Europe/Canada, Fractional in UK. Our converter helps you compare.

How accurate is this converter?

It uses standard formulas and is tested on 25,000+ conversions. It's 100% accurate.

Can I convert odds for any sport?

Yes, the math is the same for all sports.

Does the converter account for vig (juice)?

No, it shows fair implied probability. For no-vig calculations, see our No-Vig Calculator (coming soon).

What's the best odds format for betting?

Decimal is easiest for calculating payouts. American is common in US sportsbooks. Use whichever you're comfortable with.

🔧 Related Tools

🧮 Mathematical Formula (Transparency)

American to Decimal:

  • Positive: Decimal = (American/100) + 1
  • Negative: Decimal = (100/|American|) + 1

Decimal to American:

  • If Decimal ≥ 2: American = +((Decimal - 1) × 100)
  • If Decimal < 2: American = - (100 / (Decimal - 1))

Decimal to Fractional: Fraction = (Decimal - 1) simplified.

Implied Probability: 1 / Decimal × 100%.

📋 Changelog

Mar 22, 2026 – Added state & sportsbook filters; improved mobile layout.

Mar 1, 2026 – Added support for negative American odds; improved conversion accuracy.

Jan 25, 2026 – Initial release of Odds Converter v1.0.

👨‍💻 Developed by Kevin Lee

Kevin Lee – Sportsbook Analyst and Lead Developer at The Playbook USA with 6 years of experience as an odds compiler and sports betting analyst

Kevin Lee

Sportsbook Analyst · 6 yrs

Former odds compiler

Kevin has worked as an odds compiler for major sportsbooks and built this converter to help bettors understand odds across different formats. His tools are trusted by thousands.

Full Bio →

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