Odds Converter
See the implied probability behind any odds. Convert odds between formats and understand what they really mean.
Why it matters
Every odds format represents the same implied probability, which is why the total is always more than 100% across a market.
Choose a format and type your odds
Choose a format
Enter odds
e.g. 2.50
Tip: Odds of 2.50 return 2.50 for every 1 unit staked (including your stake).
Odds are probability statements. 2.50 odds imply a 40% chance of this outcome.
e.g. +150
Profit 150 on a 100 stake.
e.g. 3/2
Profit 3 for every 2 staked.
e.g. 2.50
Total return 2.50 for every 1 staked.
2.50 odds imply
Wins 4 out of 10 times
Needs >40% true chance for value
2.50 odds imply a 40% chance.
In the long run, outcomes at these odds will break even 4 times out of 10.
To have positive expected value, the true chance of this outcome must be higher than 40%.
2.50 odds don't mean the outcome is likely — it still loses 6 out of 10 times.
Know what the odds mean? Use the No-Vig Calculator to strip the bookmaker margin and see the true price behind the line.
Keep going. These tools work well together.
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