The ability to do this alone, combined with bonuses and promotions is enough for the average sports bettor to make some serious extra coin each season. Remember our odds converter can do this math for you at the click of a button. The formula to convert American moneylines to European decimals odds depends if the moneyline is expressed using a positive or negative number.
To convert a positive moneyline to European decimal odds take the moneyline, divide it by and then add 1. To convert a negative moneyline to European decimal odds take divide it by the moneyline without using the negative sign and then add one.
The formula to convert European odds decimals to American moneyline format depends if the odds are 2. To convert European decimal odds 2. For example, odds 2. To convert European decimal odds less than 2. For example, odds 1. When dealing with European decimal odds, calculating how often a bets must win to break even is simple division.
To use decimals odds 2. First change your percentage to a decimal example In the case of As a reminder, in cases where the decimal odds are 2. While no doubt the most popular reduced juice option for American players, 5Dimes also offers soccer, cricket, Euro hockey, Rugby League, Rugby Union, Aussie Rules, volleyball, motor racing, golf, tennis, snooker, water polo and darts at better odds than High Street bookmakers and TAB.
To learn more read our 5Dimes Review. Of course, the best advice we can give you at Intense Gambling is to keep learning sports betting math, while using dozens of accounts to shop lines. We hope you enjoyed this article on converting odds, and wish you the best of luck this sports betting season. American Odds Also known as moneylines, are offered as either a positive or negative number. European Odds Also known as decimal odds, represent how much a winning ticket is worth for each dollar staked.
Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:. The number shown in the bracket represents the odds.
The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign. The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered. The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play.
Again this can easily be converted into smaller or larger size bets. The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet. Ready To Start Betting? You will also get a Free Money Bonus at each sportsbook if you follow either link above.