decimal to fraction calculator betting online

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The decision was made in July, but has only come to light after reports in the Greek media during the past week. However, Goalbet — one of 24 operators granted a opap sports betting license in that was later revoked — argued that OPAP had never been asked to meet the conditions necessary for a Greek online sports betting license, and their license was therefore void. The loss of the licence, whether temporary or permanent, is not expected to have a major impact on the operator's sports betting revenue, which remains dominated by OPAP's retail offering. For the six months to 30 Junesports betting revenue was down 5. An OPAP spokesperson emphasised that the decision affected only a very small part of the company's revenue. The spokesperson added that the operator's main online business was run through Stoiximan, the igaming business in which OPAP holds a majority stake.

Decimal to fraction calculator betting online sports betting odds formats

Decimal to fraction calculator betting online

Convert a fraction odd into a decimal odd by dividing the first number the numerator , by the second number the denominator , and adding 1. Divide 6 by 5. This equals 1. Add 1, and you had the decimal 2. There are two steps to convert decimal odds into a fraction. Example: 3. This creates the decimal odds of 2. While this is a perfectly good fraction, bookmakers never use numbers with decimal points in fractionals.

That is why we need step two. Step 2 We now need to turn this fraction into its most simple form. Divide the second number denominator by the total of the first number numerator and second number denominator. After entering the type of odds your dealing with fractional, decimal, american or implied probability and the other corresponding bet types will be instantly and accurately calculated.

Using the Odd Converter can allow you to relate to any odds you find on any betting site by converting it to the odd type you are familiar with. Odds Conversion applies to all sports, events and markets. To know more about our writers and our ranking method you can learn more about MyBettingSites.

We have a Privacy Policy and Cookie Policy. By continuing to use this site, you are providing consent to it. We try hard to make sure that the site is up to date at all times. However, sometimes things happen beyond our control. Therefore, we assume no responsibility for actions taken as a result of information on this site which does not constitute advice and always recommend you to check terms and conditions before placing any bet.

The Packers would be 1. The Vikings would be 2. Fractional Odds are used primarily in the UK and Ireland. Few bettors use fractional odds for betting sports other than horse racing , because the conversions to understand return are difficult. To calculate winnings on fractional odds, multiply your bet by the top number numerator , then divide the result by the bottom denominator.

Odds correlate to the probability of a team winning, which is the implied probability. A favorite has about a 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.

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Add 1, and you had the decimal 2. There are two steps to convert decimal odds into a fraction. Example: 3. This creates the decimal odds of 2. While this is a perfectly good fraction, bookmakers never use numbers with decimal points in fractionals. That is why we need step two. Step 2 We now need to turn this fraction into its most simple form.

Divide the second number denominator by the total of the first number numerator and second number denominator. After entering the type of odds your dealing with fractional, decimal, american or implied probability and the other corresponding bet types will be instantly and accurately calculated.

Using the Odd Converter can allow you to relate to any odds you find on any betting site by converting it to the odd type you are familiar with. Odds Conversion applies to all sports, events and markets. To know more about our writers and our ranking method you can learn more about MyBettingSites. We have a Privacy Policy and Cookie Policy. By continuing to use this site, you are providing consent to it. We try hard to make sure that the site is up to date at all times.

However, sometimes things happen beyond our control. Therefore, we assume no responsibility for actions taken as a result of information on this site which does not constitute advice and always recommend you to check terms and conditions before placing any bet. Don't gamble unless you know the facts. Being responsible about gambling means knowing whether to gamble, how much money or how much time. Read more about Gambling Safety here.

Being very easy to understand makes them an easy choice for beginners and a favourite format for many bettors and bet sites across the world. The lower the decimal multiplier is, the higher the implied probability of a wager to be successful.

For example on odds 2. Their even more widely used name is Moneyline odds. Also unsurprisingly used in the United States by different sportsbooks there. Because they can have both positive and negative values, US odds might be a bit tricky to understand for a starter.

As you may guess, the Hong Kong odds are usually used by Asia-based users. Similar to the Fractional and Decimal odds, the Hong Kong odds or shortly HK, are very simple to understand and easy to use. The most important thing to remember is that the evens with Hong Kong odds are presented as 1. Odds higher than 1. For example, a bet placed on 2.

Indonesian odds are presented in a format that is similar to their American alternatives in that there are positive and negative types. Both types are based on a unit stake. In the case of Indonesian odds, they are based at a unit stake of a hundred and presented as decimal figures. The plus sign is usually implied in such odds even if it is not there.

Negative bets show the amount that you have to risk to win a unit bet while positive bets show how much you win from each unit bet that you place. They are also called Malaysian odds. These are similar to Indo and American odds in that they are based on a unit stake and are either negative or positive. However, Malay odds differ from the rest in that they are inverted.