Tool
Sports Odds Converter
Convert decimal odds, American odds and implied probability.
Quick answer
This tool converts common sportsbook price formats and shows the implied break-even probability for a single offered price.
Convert odds
Enter a price and convert.
Decimal to probability
Implied probability = 1 ÷ decimal odds.
American odds
Positive American odds show profit on a $100 stake; negative odds show stake required to win $100.
Margin caveat
A single implied probability does not remove sportsbook margin. To analyze a market, compare all mutually exclusive outcomes.
Related reading
Responsible gambling: Gambling involves financial risk. Never chase losses or gamble with money needed for essentials. Eligibility and legal age vary by jurisdiction.