Odds Conversion

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Converting Different Odds Formats

When it comes to odds or prices offered by bookmakers there are three distinct ways in which those odds can be displayed. These are referred to as fractional, decimal and moneyline, with the latter often being called American (and a lot rarer in the UK).

In addition to understanding the difference between the three methods which bookmakers use to calculate and display odds, you can always use odds conversion tables or odds calculators to ensure you have the prices clear in your mind before placing your bet.

Likewise, you can also get a grip on the concept of ‘implied probability’ when assessing odds and shopping for value in the market. We will cover implied probability later in this guide.