Odds Converter

Type in any field. The others update in real time. Tap any result to copy it. Convert American (+140 / −120), decimal (2.40), fractional (7/5), and implied probability — all in one place.

How odds conversion works

American odds show how much you win on a $100 stake (positive) or how much you must risk to win $100 (negative). Decimal odds are the total return per 1 unit staked, stake included. Fractional odds are the profit per unit staked: 3/2 means a $2 bet wins $3 profit. Implied probability is the break-even win rate the price is charging: 1 ÷ decimal.

Sportsbooks charge a vig that pushes implied probability above 100% across both sides. To find fair odds, run the two prices through our no-vig calculator.

Frequently asked questions

How do you convert American odds to decimal?

For positive American odds: decimal = (odds / 100) + 1 → +140 becomes 2.40. For negative odds: decimal = (100 / |odds|) + 1 → −120 becomes 1.833. The converter does this instantly in either direction.

How do you convert American odds to implied probability?

Negative odds: |odds| / (|odds| + 100) → −120 = 120/220 = 54.55%. Positive odds: 100 / (odds + 100) → +140 = 100/240 = 41.67%. Implied probability includes the sportsbook’s vig — to remove it, use our no-vig calculator.

What are decimal odds?

Decimal odds show your total return per $1 wagered, including stake. 2.40 means a $1 winning bet returns $2.40 (profit + stake). Decimal is the standard format outside the US and is what most probability models use internally.

What is implied probability?

The probability the sportsbook is pricing the bet at, derived from the odds. If the implied probability is 50% but the true probability is 55%, you have a 5% edge — that is the foundation of +EV betting.

Are these conversions accurate to multiple decimal places?

Yes — decimals are shown to 3 places and probabilities to 2 places, which matches the precision used by Pinnacle and other sharp books. American odds are rounded to the nearest integer.

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