Odds converter

Convert American odds (−110, +150) to decimal and implied probability, and back. Includes a reference table of common prices.

American odds → decimal

Decimal odds1.91
Implied prob.52.4%

Decimal odds → American

American odds+150
Implied prob.40.0%

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Common odds table

American oddsDecimal oddsImplied prob.
-2001.5066.7%
-1501.6760.0%
-1101.9152.4%
+1002.0050.0%
+1202.2045.5%
+1502.5040.0%
+2003.0033.3%
+2503.5028.6%
+3004.0025.0%

How are odds converted?

Positive odds: decimal = 1 + (odds ÷ 100), so +150 is 2.50. Negative odds: decimal = 1 + (100 ÷ |odds|), so −110 is 1.91. Implied probability is 1 ÷ decimal odds: it is what the book says the outcome is worth — if your true estimate is higher, the price has value.