Bet Calculator Work out potential winnings for any type of bet or check winning bets have been settled correctly with our bet calculator. Enter your stake, bet type, odds (fractional or decimal), place terms (if applicable) and then hit the calculate button. The name also suggests they are shown as a fraction, for example, 4/1 which corresponds to the “amount to win/amount bet”. For 10 pounds wagered on this odds (read as 4 to 1) you are given potential profit of 40 pounds. 4/1 as a decimal odds will be represented as a multiplier of 5. There are two steps to convert decimal odds into a fraction. Step 1) Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. Example: 3.40 – 1 = 2.40. This creates the decimal odds of 2.40/1. While this is a perfectly good fraction, bookmakers never use numbers with decimal points in fractionals. It’s not so easy to convert decimal odds of 2.54 into a fractional return. But the online betting calculator at Houdini Predictions gives you results quickly. The bet calculator is not figuring out how much potential profit that you could collect from those odds, because that’s an entirely different thing. For odds over 1/1, you then multiply the fraction by 100. So to convert odds 3/2, you’d carry out the following calculation: 3/2 = 1.5. 1.5 x 100 = +160. If you want to convert odds on a favourite, such as 2/3, you first convert the fraction to a decimal and then divide -100 by the decimal. The calculation for this is: 2/3 = 0.67-100/0.67 = -150 For example, taking our 2/1 fraction bet or 3.00 decimal bet example, in American odds this would be represented as 200. Finally, the implied probability is simply how likely the bet is to happen. For example, a bet which is 1/1 would be 50%. Using our 2/1 example once more, this would be 33.3%. How to use an odds convertor calculator Therefore, if the decimal odds on a football team are 4.50, and you stake £10, the return if the bet goes in would be £45 and the profit would be £35 (4.5 – 1, multiplied by stake). Any decimal odds that are less than 2.0 indicated that the selection has a more than 50% chance of success, as the outlay is greater than the return. How to Use the Fractional to Decimal Odds Calculator. Using this converter is easy. Simply enter the fractional odds into the box that states Fractional Odds. Fractional odds look like 2-1 0r 13/5. Press convert and the decimal odds will be shown in the Decimal Odds Box. The main difference being decimal odds consider your original stake being returned, whereas fractional odds are a display of your profit. Decimal odds of course, are just a simple multiplier to your original stake. If an event at odds of $5.00 wins, you will receive back 5x your stake. That is, a $5 bet would net you $25. The price quoted by the bookmaker about an outcome is quoted as a fraction, hence the name fractional. One difference between decimal and fractional odds is that the stake is not displayed in the quote price for fractional odds. Decimal odds. Decimal odds are used mostly in mainland Europe, Australia, New Zealand and Canada. Odds are displayed
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In this video, I go through the basic functions of the Texas Instruments TI-30XIIS scientific calculator. This scientific calculator, which features an equa... This video will show you how to convert from a decimal to a fraction using the calculator Casio fx-991MS. It includes how to convert from mixed fractions to ... This video demonstrates how to convert from an IEEE 754 standard 32-bit binary number back into regular binary or decimal. A tutorial showing step by step how to enter and operate on fractions using the TI-30XS MultiView Scientific Calculator. A portion of my profits is used to h... Convert one format to another and back. Skills can also apply to inches, feet, meters, seconds, really any unit of measurement. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators ... 💢Dɪsᴄᴏᴠᴇʀ Mᴏʀᴇ Aᴛ Tʜᴇ Cᴀʟᴄᴜʟᴀᴛᴏʀ Gᴜɪᴅᴇ Wᴇʙsɪᴛᴇ http://snip.ly/uqds7n 💢Gᴇᴛ A Cʟᴀssᴡɪᴢ Nᴏᴡ http ... Decimal to fraction, step by step, example. For all free math videos visit http://Mathmeeting.com. A demo of how you can convert decimal numbers to fractions in Excel
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