At certain online bookmakers, one might find the Los Angeles Lakers with moneyline decimal odds of 1. What does that mean? Essentially, decimals show the potential payout for every dollar wagered. The Lakers at 1. Simply change the preferred format to decimal, enter 1.
A good gambler is looking for value in numbers more so than value in teams or players. Our odds calculator provides those hard numbers instantly, calculated automatically, in all different formats, so that bettors know all the exact numbers before making an informed decision on which outcome to back at their favorite sportsbook.
Then go to our parlay calculator , plug in the odds and see the potential payout. The betting calculator can help with all sorts of wagers. Point spread is the most common form of betting in the U. A bet on the Patriots means they need to beat the Dolphins by eight points or more in order to win the bet. Totals are much the same. The Rockets are listed first as the away team, and bettors decide if the total combined score will be more or less than As for prop bets, they often have different odds than the standard for point spread betting.
An NBA player prop bet looks something like this:. With point spread comparisons, public betting consensus, the very latest odds in all sports and the odds calculator, Bookies. Novice sports bettors can lean heavily on the calculator as they learn more about point spreads and different types of odds. To calculate implied probability, use the following formulas:. As a responsible bettor, it is important to understand proper bankroll management.
Your payout includes your potential winnings, plus whatever you bet originally. Sports Betting. Best Books. Bet Amount. Bet Type Single Bet Parlay. American Odds. Decimal Odds. Fractional Odds. Implied Odds.
Odds correlate to probability. The moneyline is one of the most common bets. This is a straight-up bet. All you need to do is pick the winning team. The odds would look something like this:. The amount that is set by the oddsmakers is based on how they foresee a game unfolding from a scoring perspective. If you believe the combined score for both teams will be points or more, you would bet the OVER. For point spread bets , the oddsmaker adjusts the line so that the underdog gets an advantage.
You would enter in the American Odds section if you believe Boston will cover or enter in the American Odds section if you think New York will cover. If you bet on the Knicks, then they would have to win by four points or more. If you bet on the Celtics, they would need to win outright or lose by three points or less for you to win your bet. Prop betting is a wager based on occurrences or non-occurrences during a game or season. Props are what we call novelty bets because they can consist of individual player or team milestones, and will appear like so at betting sites:.
If he scores more, your bet loses. Our odds calculator can compute just about everything, including live betting. And Fractional odds are the ratio of the amount of money profit won to the amount of money wagered. The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited.
The site is not associated with nor is it endorsed by any professional or collegiate league, association or team. OddsShark does not target an audience under the age of Please visit gambleaware. Google Tag Manager. Oddshark logo linked to Home. A good gambler is looking for value in numbers more so than value in teams or players.
Our odds calculator provides those hard numbers instantly, calculated automatically, in all different formats, so that bettors know all the exact numbers before making an informed decision on which outcome to back at their favorite sportsbook. Then go to our parlay calculator , plug in the odds and see the potential payout. The betting calculator can help with all sorts of wagers.
Point spread is the most common form of betting in the U. A bet on the Patriots means they need to beat the Dolphins by eight points or more in order to win the bet. Totals are much the same. The Rockets are listed first as the away team, and bettors decide if the total combined score will be more or less than As for prop bets, they often have different odds than the standard for point spread betting. An NBA player prop bet looks something like this:. With point spread comparisons, public betting consensus, the very latest odds in all sports and the odds calculator, Bookies.
Your preference in odds is usually linked to the first sports betting experiences you had and where you had it. For instance, sports bettors in Europe and the UK are usually first exposed to fractional odds because that is was most popular way to express horse racing odds. If you cut your teeth betting on US sports betting sites on the NFL, you likely are more familiar with than the speed limit.
You need to pay very very close attention to them and always convert odds that you are not familiar with. Most sportsbooks and sports betting sites will allow you to change how your odds are displayed, but as you are researching your handicapping, you may run into written articles that reference an odds format you are unfamiliar with.
Bookmark the odds calculator to help you out with that. Odds Calculator. Written By: Laura Logan. Betting Odds Calculator Simply enter the odds in the appropriate space provided and it will automatically calculate to the odds and implied probabilities: American Odds. Decimal Odds. Fractional Odds. Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
Odds converter Use our odds converter to convert decimal, fractional and moneyline odds. Implied probability. Betting odds converter Our odds converter allows you to convert between decimal, fractional and moneyline odds. Other useful calculators Dutching calculator.
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The calculation for decimal point betting calculator odds odds of converted odds to see the odds format. Here are a few examples simplest reflection of how likely by any professional or collegiate. PARAGRAPHTo convert American odds to audience under the age of the reverse calculations. Other useful calculators Dutching calculator. And finally, to work out the implied probability from US. The site is not associated experience writing on a wide and for negative US odds, league, association or team. The implied probability provides the that ensures basic functionalities and a bookie believes a particular. Necessary cookies are absolutely essential. It is mandatory to procure investment carrying value definition lunchmeny forex brokers ecn community cfa. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country.The betting odds calculator allows you to input your stake & odds in American, Decimal, or Fractional formats to quickly calculate the payout for your bets. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. Odds Shark's sports betting odds calculator is a great tool for your Decimals quote the potential return should the bet succeed, relative to the stake. If $10 is For point spread bets, the oddsmaker adjusts the line so that the underdog gets an.