Odds Converter: American, Decimal and Implied Probability
Enter a price in American odds, decimal odds or implied percent and the converter writes it in the other two formats.
Example: -110 is 1.91 in decimal odds and a 52.4% implied chance. +150 is 2.50 in decimal odds and a 40% implied chance.
The implied percent is the win rate that breaks even at that price. If you expect a side to win more often than its implied percent, the bet has value before the sportsbook fee is considered.