Science & Engineering

Implied Probability from Betting Odds

Convert betting odds to implied probability in seconds. It accepts decimal, American, and fractional formats, and adding the other side strips the vig to show fair odds.

For study and estimation. Verify against authoritative data before relying on a result.
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Common values

American oddsDecimalImplied probability
-2001.5066.7%
-1101.90952.4%
+1002.0050.0%
+2003.0033.3%

Common questions

How do you convert American odds to implied probability?

For negative odds, divide the odds by the odds plus 100. For positive odds, divide 100 by the odds plus 100. So -200 implies 66.7%.

What is the vig in betting odds?

The vig is the bookmaker's margin baked into the odds, which makes the two sides' implied probabilities add up to more than 100%.

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