Betting Odds As A Percentage

Posted : admin On 4/6/2022

By convention only a set of fractions are used in fractional odds betting markets. The set does not include exact mathematical equivalents to all possible decimal and American odds. We use the closet fraction that is used in betting markets.

For example, the exact mathematical equivalent of decimal odds 30 is fractional odds 29/1. However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter.

For an explanation of the odds types on this table see decimal, fractional and American odds. To find out what the numbers really represent see understand odds as probability with overround.

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You can use the tools below to help you with your MMA Betting.

This MMA Betting Odds Converter helps you work out what a fighter’s percentage of winning is. I think knowing that is always helpful when you are making your picks. There are a couple of ways you can use this.

Betting

Betting Odds As A Percentage Decimal

  • Enter the odds of a fighter you like and calculate, it will give you the percentage of winning the odds mean.

My favourite way is looking for bets I like. I look at a fight and give x fighter x chance of winning.

Betting odds may be displayed in three different formats at US sportsbooks and online and mobile sports betting platforms: American odds, fractional odds and decimal odds. Different formats don’t mean different odds; it’s simply a different way of presenting them. Step 1: 100/odds or odds/100 this step breaks the American odds down into the decimal amount that’s won on the wager. 100/110 = 0.91 (again that numbers rounded up a little but you get the idea). Essentially this means that you’ll win 91% of the amount you risk. A minus symbol in betting odds tells you that you need to wager that much in order to win a $100 profit. A $100 bet at -110 would earn you a $91, while a $10 bet at -110 would earn you $9.10. Remember that when you are converting odds to percentages then there is always a bookmaker percentage worked into the deal. What we mean by that as if you were to calculate odds to percentages on each of the three outcomes for the Liverpool v PSG game we are using as. If odds are displayed instead of the pay out dividend, the calculation must always include the stake, i.e. 9/2 (45/10 or $5.50 or 5.5 or +450). Converts to 4.5 to 1 and totals 5.5, so.

  • For eg: Lets say we give Fighter 1 a 50% chance of beating Fighter 2. I would need to get -100 (2.00) or better to make this a profitable bet for me because I give him 50% chance of winning. Now he might get KTFO but that’s okay that’s what makes it fun.

MMA Odds Calculator

Fill in one of the options
and let the calculator do the math!


eg: +180

eg: 2.80

Betting Odds As A Percentage Calculator


eg: 35%

Odds Percentage Chart

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Betting Odds As A Percentage Chart

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