Guides
Odds to probability calculator
Decimal odds hide a probability. Divide 1 by the odds and you get what the price implies. Compare it with your own estimate to see if the price is worth taking.
How to read it
Implied probability = 1 / decimal odds. Odds of 2.00 imply 50%. Odds of 1.60 imply 62.5%.
Fair odds = 1 / your probability. If you think a team wins 55% of the time, fair odds are 1.82. A price above 1.82 has positive edge by your own estimate.
The bookmaker price includes a margin, so the implied probabilities of all outcomes add to more than 100%. Use the margin calculator to remove it.
18+ only. General information, not betting or financial advice. All guides