5 Best Odds Calculators in Sports Betting
Odds in sports betting can appear in 3 different forms; Decimal odds, American odds, and Fractional odds. Depending on where you live in the world you will most likely be familiar with only one type of odds. For example, the most popular odds in UK is Fractional odds. While in the rest of Europe, Decimal odds are the most commonly used. If you are encountering betting odds for the very first time it can get quite confusing with all the different ways of expressing them. So that is why we have made this list of the Top 5 Best Odds Calculators that will make your life a little bit easier.
#1 Ace Odds
Ace Odds convert any type of odds, whilst also showing you the implied probability of that outcome occurring. Let’s say you type in ‘2.25’ in the Decimal odds bracket, you will instantly get a representation for the American odds, Fractional odds and the implied probability. In this particular case, American odds would be displayed as +125, Fractional odds would be displayed as 5/4 and the implied probability is 44.4%. Next to that they have a handy table of the most common odds and a bet calculator that you can use to see how much you would win with particular odds and stakes.
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Originally published at https://www.tradematesports.com.