How Odds Conversion Works
Who This Tool Is For
Whether you're a sports bettor trying to compare lines across DraftKings, FanDuel, and BetMGM, a prediction market trader on Polymarket or Kalshi, or just someone who wants to understand what -110 actually means, this odds converter is built to help you make faster, smarter decisions.
Sports Bettors
American sportsbooks display moneyline odds (+150, -200) while European books use decimal (2.50, 1.50) and UK books use fractional (3/2, 1/2). If you're line shopping across books, you need to compare apples to apples. This converter does that instantly — enter any format, see all the others. The payout calculator shows exactly what you'd win on any stake. Need to strip the juice? Try our No-Vig Calculator.
Prediction Market Traders
Platforms like Polymarket display prices as cents on the dollar (e.g., 65 cents = 65% implied probability). But if you're coming from a traditional betting background, you think in American or decimal odds. The break-even calculator below is especially useful: enter your estimated probability and instantly see what price you'd need to get to have a +EV position. For full expected value analysis, use our EV Calculator.
Line Shoppers & Arbitrage Traders
Converting odds quickly is essential when comparing lines across books. Use this converter to standardize everything to one format, then check our Hedge Calculator to lock in profit when you find a discrepancy. The reference table below covers the most common odds conversions for quick lookup.
Anyone Learning About Probability
Odds formats can be confusing. This page includes a reference table with the most common odds conversions, conversion formulas explained in plain language, and a visual probability bar that makes implied probabilities intuitive. Bookmark it and come back whenever you need a quick lookup.